The naira abuse palaver, By Dakuku Peterside

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The naira abuse palaver, By Dakuku Peterside
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The CBN, Police and the EFCC should study different models of changing public behaviour to deal with the issue of naira abuse.

The naira abuse palaver, By Dakuku PetersideHard hit by climate change, farmers in Nigeria’s ‘food basket’ face new foesINVESTIGATION: Beautiful infrastructure but poor staffing, lack of drugs hinder PHC services in Borno communitiesThe naira abuse palaver, By Dakuku PetersideThe Central Bank of Nigeria , Police and the EFCC should study different models of changing public behaviour and draw up a model and strategy to deal with the issue of naira abuse.

Nigeria has since recognised the dangers of naira abuse but that is not the focus of this piece. The government has made rules and laws to check it and provided enlightenment campaigns to educate people on the ill. The Central Bank of Nigeria gave naira abuse as one of the reasons why it is pushing for digital-based financial transactions. Naira abuse, like its ancestor – the social epidemic of corruption, has remained stubborn and refused to go away.

Through engaging anecdotes and research, Gladwell illustrates how understanding these factors can help individuals and organisations create or manipulate trends and epidemics. The book emphasises the importance of paying attention to small details and understanding the social dynamics behind spreading ideas and behaviours. The fundamental concepts of the book in relation to naira abuse are twofold.

The first common ground is that both of these prosecuted celebrities enjoy considerable social media influence, whether for positive or negative reasons, depending on personal value systems. These two cases, though similar, are following different paths. Bobrisky, in court, pleaded guilty and has since been handed a six-month imprisonment. Cubana Chief Priest did not plead guilty, so his case will go to full trial, putting the law to the test.

The Central Bank of Nigeria , Police and the EFCC should study different models of changing public behaviour and draw up a model and strategy to deal with the issue of naira abuse, especially since it has become embedded in some cultures. Good examples abound abroad and in Nigeria. The British government employed various strategies to change public behaviour regarding spitting and other personal vices.

In Nigeria, good examples of efforts to change public behaviour can be seen around us. Most were successful to great degrees. The government should revisit some of these campaigns and learn from them.

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