Popular Nigerian comedian and filmmaker AY Makun has opened up about being invited by the Economic and Financial Crimes Commission (EFCC) over an incident involving the alleged abuse of the naira and foreign currency.
In a candid Instagram post shared on Monday, the 53-year-old entertainer revealed that he was questioned by the anti-graft agency concerning the public spraying of both local and foreign notes—an act the EFCC deems a violation of Nigerian financial regulations.
“I am grateful to God for His mercy and guidance,” AY wrote. “On Monday, I was invited by the EFCC regarding an incident involving the public spraying of both local and foreign currencies—an act that has been classified as an offense related to the abuse of the naira.”
The comedian emphasized that the money involved in the incident was not linked to any criminal activity. He thanked the EFCC for their understanding and for granting him a pardon after confirming that the funds were legitimate.
“This experience has been a valuable lesson,” he added. “I am personally committed to promoting awareness about the proper respect and care for our national currency.”
AY, known for his outspoken views and wide social media following, also used the opportunity to caution Nigerians about the long-standing tradition of spraying money at social events, particularly weddings and parties. While culturally accepted, he stressed that such acts are against the law and can carry serious consequences.
“To my friends, family, and the general public—we all know that spraying money at public events is common in Nigerian celebrations,” he said. “But it is important to understand that mutilating or abusing the naira—whether by spraying, tearing, defacing, or mishandling—is a violation of Nigerian law.”
In the same post, he included educational slides and videos to show appropriate ways to handle currency during parties, urging followers to respect the naira as a symbol of national pride and economic stability.
“Respect for the naira is respect for Nigeria’s future,” he concluded. “Together, we can promote responsible behavior and foster a culture of patriotism and integrity.”
AY’s revelation comes as the EFCC intensifies its crackdown on currency abuse, a trend that has seen several celebrities and public figures summoned in recent months. On Tuesday, actress Iyabo Ojo disclosed she was also invited by the EFCC following her daughter’s lavish wedding. Earlier in April, businessman E-Money faced similar scrutiny over alleged abuse of the U.S. dollar but was released shortly after questioning.
The commission continues to urge Nigerians to handle currency responsibly, warning that cultural norms cannot override financial laws.
