From Spray to Speak: E-Money Breaks Silence After EFCC Drama

Popular Nigerian businessman and socialite Emeka Okonkwo, better known as E-Money, has addressed the public following his recent arrest by the Economic and Financial Crimes Commission (EFCC). The arrest came in the wake of viral videos showing him spraying cash at social events—an act prohibited under Nigeria’s currency regulations.

EFCC officials reportedly detained E-Money at his Lagos residence and transported him to Abuja for questioning. He was released the same day.

Shortly after regaining his freedom, E-Money posted a video on social media with a cautionary message:
“Attention! The EFCC reminds us: Spraying Naira (or any currency) at parties/events is against the law! Let’s celebrate responsibly and avoid fines. Respect our currency!”
He continued, “If you must give money at a party, make sure you put it in a basket or in a bowl or container in front of the person... Ignorance is not going to be an excuse.”

The post drew mixed reactions online—some applauded his calm response and acknowledgment of the law, while others criticized what they see as inconsistent enforcement by the EFCC.

E-Money’s case is the latest in a string of high-profile incidents involving celebrities being scrutinized for displaying large sums of cash at public gatherings.

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