Popular Nollywood actress Iyabo Ojo has broken her silence following her invitation by the Economic and Financial Crimes Commission over alleged abuse of the naira during her daughter Priscilla Ojo’s lavish wedding ceremony held last weekend in Lagos.
The high-profile event, which drew celebrities, socialites, and politicians, became the subject of scrutiny after viral videos showed guests spraying large amounts of naira notes during the celebration.
This comes amid the EFCC’s renewed crackdown on currency abuse, which recently saw businessman Emeka Okonkwo (aka E-Money) arrested for similar offenses.
Priscilla Ojo’s wedding to her long-time partner was one of the most talked-about social events of the year, featuring A-list entertainers and extravagant displays. However, footage of guests freely spraying naira notes—a practice banned under the Central Bank of Nigeria Act—drew criticism from financial regulatory advocates.
The EFCC, which has been enforcing stricter penalties for naira abuse, reportedly summoned Iyabo Ojo for questioning as part of its investigation into the incident. The actress confirmed the invitation in a statement on Tuesday, expressing her willingness to cooperate but defending the cultural context of the practice.
The commission’s action follows a series of high-profile arrests related to currency misuse. Just weeks ago, businessman E-Money was detained after a video showed him spraying naira notes at an event. The EFCC has reiterated that such acts violate Section 21 of the CBN Act, which prohibits defacing or mishandling the national currency.
Despite warnings, spraying money remains a common practice at Nigerian celebrations, particularly weddings and parties. The EFCC’s recent enforcement has sparked debates about cultural traditions versus legal compliance.
In her statement, Ojo acknowledged the EFCC’s invitation but emphasized that the spraying was done by guests, not herself. “We respect the laws of Nigeria, but we also recognize that certain traditions are deeply rooted in our celebrations,” she said. “I am cooperating fully with authorities to clarify the situation.”
She also pointed out that the wedding was a private event and that she had no direct control over guests’ actions. However, legal experts argue that event hosts could be held liable if they permit or encourage such violations.
As the EFCC continues its investigations, this case highlights the ongoing tension between Nigeria’s cultural practices and its financial regulations. For now, Iyabo Ojo’s case serves as a high-profile reminder that even celebratory traditions must align with the law.
