1. Spraying: It is against the law to spray the Naira banknotes at occasions.
2. Writing: It is against the law to write on banknotes.
3. Stapling: It is against the law to staple the banknotes as the pins can cause corrosion of the banknotes.
4. Tearing: It is also against the law to tear the banknotes
5. Soiling: It is against the law to dance/stamp on the Naira banknotes. Do not stain the banknotes with oil or ink, as this is also a form of defacing.
6. Sale: It is against the law to sell currency banknotes.
7. Mutilation: A person who tampers with the Naira note or coin is guilty of an offence, punishable by law (CBN Act Section 21).
8. Rejection: It is against the law to reject the Naira (Section 20 subsection 5).
Also, the CBN mentioned five implications of improper handling of the Naira, which are given below:
1. Increase in currency management costs due to the high cost of banknotes replacement.
2. Defaced/torn banknotes slow down sorting process resulting in lower output of clean banknotes.
3. Erodes the sense of pride and confidence that Nigerians should feel in their currency.
4. Any form of defacement of the currency is a form of ridicule on the nation.
5. Prevalence of dirty banknotes in circulation is potential health hazard to the citizenry.
Peoplesmind