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Nigeria is amongst 4 African international locations that print their currencies domestically

Nigeria is among the four African countries that prints its currencies locally - Buhari

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

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

He stated;

“Though it is probably not apparent to many Nigerians, solely 4 out of 54 African international locations print their forex of their nation and Nigeria is one among them. And nearly all of African international locations print their currencies overseas and import them like we import different items.

“Due to this fact it’s with immense delight that I announce that these redesigned cash are produced domestically proper right here in Nigeria by our Safety Printing and Minting PLC.”

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