The Nigerian Security Printing and Minting (NSPM) said it has the capacity to produce the redesigned banknotes and other Nigerian currencies, contrary to false claim of incapacity to do so.
It further said De-la-Rue of the United Kingdom does not produce or supply currency papers.
The NSPM Managing Director and Chief Executive, Ahmad A. Halillu, made the disclaimer Saturday, in a press release.
“The attention of the Nigerian Security Printing and Minting (NSPM) Plc has been drawn to some publications allegedly credited to the Central Bank of Nigeria Governor about the capacity of the NSPM to continue the production of redesigned banknotes owing to supply chain constraints,” he said.
He stated that it is expedient for the NSPM to add its voice to an earlier debunking of such false claim by the CBN.
“While the CBN has debunked the false claim, it is expedient to add that contrary to the mischievous claim, De-la-Rue of United Kingdom does not produce nor supply paper substrate within the currency industry,” the NSPM said.