The Olu of Owode in Obafemi/Owode Local Government of Ogun State, Oba Kolawole Sowemimo, on Saturday, confirmed his suspension for two months without salaries by the Egba Traditional Council over alleged abuse of naira notes.
Speaking with newsmen, Sowemimo said the suspension was announced during the traditional rulers meeting on Friday.
“They said the suspension was due to the way I spent money on one musician.
“And when I was asked if I had anything to say, I stood up and apologised for whatever I had done wrong and the suspension which was earlier announced to be for three months without salaries was reduced to two months.
A viral video in early January showed the royal father decorating a popular Fuji musician, Wasiu Ayinde, with knitted new notes of N1,000 which was used as a garland to decorate the musician.
The council had moved against Sowemimo for publicly degrading Nigerian currency, an offence that contravenes the law of the Central Bank of Nigeria.
He was reportedly suspended on Friday at the Egba Traditional Council February statutory meeting which was chaired by the Alake and paramount ruler of Egbaland, Oba Adedotun Gbadebo.