Operatives of the Economic and Financial Crimes Commission (EFCC) have secured the conviction and sentencing of two TikTokers, Babatunde Peter Olaitan and Tobilola Olamide, to six months’ imprisonment each for abusing the Naira.
The duo was sentenced by Justice Alexander Owoeye of the Federal High Court in Ikoyi, Lagos, on May 8, 2025.
Olaitan, also known as Tee Dollar and Olamide, popularly known as TobiNation, were arrested by EFCC operatives for spraying Naira notes at a social event on April 8, 2025.
According to EFCC: “The charge against Olaitan reads: “That you, BABATUNDE PETER OLAITAN, on 8th April 2025, at 23, Macdonald Road, Ikoyi, Lagos, within the jurisdiction of this Honourable Court, whilst dancing during a social event, tampered with funds in the denomination of N200 (Two Hundred Naira) issued by the Central Bank of Nigeria by spraying it, and you thereby committed an offence contrary to and punishable under Section 21(1) of the Central Bank Act, 2007.”
“The charge against Olamide reads:”That you, TOBILOLA OLAMIDE A.K.A TobiNation, on 8th April 2025, at 23 Macdonald Road, Ikoyi, Lagos, within the jurisdiction of this Honourable Court, whilst dancing during a social event, tampered with funds in the denomination of N200 (Two Hundred Naira) issued by the Central Bank of Nigeria by spraying it, and you thereby committed an offence contrary to and punishable under Section 21(1) of the Central Bank Act, 2007.”
They were subsequently charged to court and convicted after pleading guilty to separate one-count charges of tampering with Naira notes and spraying.
The EFCC investigation revealed that Olaitan had been captured in a viral TikTok video spraying N200 notes while dancing.
When questioned, he claimed that a fan had gifted him a bundle of N200 notes, which he then sprayed on other fans.
The court admitted video recordings and extrajudicial statements as evidence, leading to their conviction.
The sentence carries an option of a N200,000 fine and the EFCC’s crackdown on Naira abuse cases serves as a warning to others who engage in similar activities.
“Justice Owoeye convicted and sentenced both Olaitan and Olamide to six months imprisonment each, with an option of fine in the sum of N200,000 (Two Hundred Thousand Naira,” the statement reads.
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