Tuesday, November 12, 2024
HomeBusinessWe Have The Capacity, Material To Print New Naira Notes- NSPM

We Have The Capacity, Material To Print New Naira Notes- NSPM

Nigerian Security Printing and Minting (NSPM) logo

 

By Our Reporter

The Nigerian Security Printing and Minting (NSPM) has debunked false claims credited to the Governor of Central Bank that it lacked the capacity and materials to print the new naira notes.

The NSPM in statement signed by Its managing director, Ahmed .A. Halilu and made available to NATIONAL WAVES said “while the CBN has debunked the false claims, it finds it expedient to add that contrary to the mischievous claim, De-la- Rue of United Kingdom does not produce nor supply paper substrate within the curreny industry”

” We wish to further assure Nigerians that NSPM has made adequate arrangement to continuously produce redesigned banknotes as well as other denominations in line with the CBN indent for the year 2023″ said NSPM

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