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Nigeria is among the many 4 African international locations that prints its currencies regionally

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President Muhammadu Buhari has revealed that Nigeria is amongst 4 of the 54 African international locations that print their currencies regionally.

Talking on Wednesday, November 23, whereas unveiling the brand new Naira notes redesigned by the Central Financial institution of Nigeria, Buhari mentioned it’s a factor of satisfaction that Nigeria doesn’t print its currencies overseas like many African international locations.

“Whereas this is probably not obvious to many Nigerians, solely 4 out of the 54 African international locations print their currencies of their international locations and Nigeria is one. And majority of African international locations print their currencies overseas and import them the way in which we import different items.

“That’s the reason it’s with immense satisfaction that I announce that these redesigned currencies are regionally produced proper right here in Nigeria by our Safety Printing and Minting PLC.”

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