Popular Nigerian comedian and actor, Ayo Makun, widely known as "AY", has opened up about his recent encounter with the Economic and Financial Crimes Commission (EFCC) following an invitation regarding the public spraying of cash—a cultural tradition now being scrutinized under Nigerian financial law.
Taking to Instagram on Wednesday, AY revealed that he honoured the EFCC’s invitation on May 5, 2025, where he was interrogated over an incident involving the spraying of both Naira and foreign currencies at a high-profile social gathering. This act, though widely seen as celebratory in Nigerian culture, violates Section 21 of the Central Bank of Nigeria (CBN) Act, 2007, which classifies such public handling of the currency as abuse or mutilation.
In his detailed post, AY expressed gratitude to the EFCC for their professionalism, noting that after a thorough review, the Commission confirmed that the money involved was not connected to any criminal or illicit activities. As a result, he was granted a pardon, but the incident has left a lasting impression on the entertainer.
“I am thankful to God for His mercy and for the EFCC’s fair handling of the situation. While I may have thought the spraying of money was simply a part of celebration, I have now come to understand that it contravenes Nigerian financial laws, regardless of intent,” AY wrote.
The comedian acknowledged that money spraying remains a popular feature at weddings, birthdays, and other festive events, but stressed the need for Nigerians to rethink the practice in light of legal implications. He described the experience as “a valuable wake-up call” and pledged to use his platform to promote awareness about protecting the integrity of the national currency.
“Many of us see money spraying as a harmless way to show love or celebrate with friends and family. But the law doesn’t see it that way. It’s important we educate ourselves and others to avoid falling foul of the law.”
He also called on event organizers, public figures, and influencers to lead by example, encouraging lawful alternatives to uphold Nigerian cultural expression without violating monetary regulations.
With this personal experience, AY joins the growing list of Nigerian celebrities who have been questioned by the EFCC over currency abuse. His candid reflection on the matter has resonated with many fans, sparking conversations about the intersection of culture, law, and social responsibility.
