Comedian AY Makun Responds to EFCC Invitation Over Naira Abuse Allegations

Popular Nigerian comedian and actor, Ayo Makun, widely known as AY, has publicly addressed his recent invitation by the Economic and Financial Crimes Commission (EFCC) over allegations of Naira abuse. The incident reportedly stems from a viral video showing the comedian spraying both local and foreign currencies at a public event, an act prohibited under Nigerian law.
In a statement shared on his social media platforms, AY clarified that he was not arrested but merely invited for questioning to clarify the circumstances surrounding the incident.
The EFCC, tasked with enforcing financial regulations and curbing economic crimes, sought to confirm whether the funds involved were connected to any illicit activities.
Expressing his appreciation for the commission’s professionalism, AY stated:
“I want to sincerely thank the EFCC and all authorities involved for their understanding and for granting me pardon based on confirmation that the money being sprayed is not linked to the proceeds of crime or any form of illicit funds.”
This statement underscores his relief at being cleared of any wrongdoing, as the EFCC reportedly verified that the money sprayed was not associated with financial misconduct.
AY also took the opportunity to address the broader cultural context, acknowledging that money spraying is a long-standing tradition at Nigerian celebrations. However, he stressed the importance of respecting national currency laws:
“It is important to understand that mutilating or abusing the Naira—whether by spraying, tearing, defacing, or mishandling—is not just a cultural practice but also a violation of Nigerian law.”
The comedian committed to using his platform to raise awareness about the need for proper handling and respect for the Naira, emphasizing the importance of adhering to financial regulations.
This incident highlights the EFCC’s ongoing campaign to enforce laws aimed at protecting the integrity of the Naira, Nigeria’s national currency. The commission has intensified efforts to curb such practices, which, despite being culturally ingrained, undermine the currency’s value and stability.
As AY continues his career as one of Nigeria’s most influential entertainers, this episode serves as a reminder of the delicate balance between cultural expression and legal responsibility. It also reinforces the critical role of public figures in promoting financial literacy and national pride.