Nigerian lawyer, Stan Alieke, has cautioned Nigerian against the practice of creating money cakes or bouquets, emphasising that it constitutes a criminal offense under the law.
Alieke in a statement shared via his Instagram story on Friday, he warned that those engaging in such activities could face legal consequences.
The lawyer stated that the offense carries a minimum jail term of six months and advised Nigerians to explore alternative ways to express their love.
Alieke further expressed that lack of awareness does not exempt anyone from the law, stating, “Making of money cakes, money flowers or money bouquets are all criminal offences punishable with at least six months jail term as provided in S 21 of the CBN Act 2007.
“So if you have a money cake/money bouquet as one of the Valentine gifts you intend to gift your partner today, know that you may land yourself in jail and ignorance of the law is not an excuse.”
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