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The Oluwo of Iwoland, Oba Abdul Rasheed Adewale Akanbi, has stirred controversy with his recent remarks attributing the tradition of lavish money spraying at Yoruba and Igbo parties to a cultural spirit. In a statement by his press secretary, Alli Ibrahim, Oluwo emphasized the cultural significance of money spraying, describing it as ingrained in Yoruba and Igbo celebrations.

He criticized the recent efforts of the Economic and Financial Crimes Commission (EFCC) to prosecute individuals for "naira abuse," labeling it a misplaced priority. Instead, Oluwo urged the EFCC to prioritize public enlightenment on the consequences of naira abuse before enforcing penalties.

The statement comes amidst EFCC's recent convictions of public figures like Bobrisky and the arraignment of entrepreneur Cubana Chief Priest for naira abuse charges. Oluwo's remarks have ignited debates on cultural practices, the role of law enforcement, and societal attitudes toward money spraying at social gatherings.