Skip to main content

The New Naira Notes Leaves Ink When Rubbed On White Surfaces – The Nigerian Security Printing and Minting (NSPM) Plc Throws More Light

On Friday, the Nigerian Security Printing and Minting (NSPM) Plc, responsible for printing the naira notes, explained why the new Naira notes leave ink when rubbed on plain white surfaces.

In a statement on Friday, signed by NSPM’s Managing Director, Ahmed Halilu, as regards various clips, skits, concerns and comments on diverse platforms regarding the quality of the redesigned notes.

Ahmed Haliru said that;

“It is, therefore, basically the same as the other notes in circulation,” he explained.

“It is, however, important to note that new banknotes are generally light when issued, then become heavier in circulation on getting in contact with dirt and moisture,” Halilu added.

“In addition, the second stage of currency printing (intaglio) requires a heavy deposit of special inks with fairly large particles to give a tactile feeling of the portraits as well as other raised prints by way of design.

“One of the properties of intaglio inks is non-solubility in water and ease of transfer (light stain) on plain white materials owing to the size of the particles.

“This is generally a security feature of all banknotes that easily differentiates them from forged or counterfeited notes.”

Haliru further stressed that international best practice was followed in the production of the new naira notes.

further said the best international practices have been deployed in the production of the new naira notes, adding that his agency would continue to ensure that it meets international standards.

“The naira is our legal tender and national symbol. We, therefore, urge Nigerians and other users of the naira banknotes not to subject our banknotes to experiment in order to prove a point,” he said.

Comments

  1. Excuses!!! He ended up saying absolutely nothing. He should admit that the notes in circulation was badly printed and will try to work toward perfecting any more notes coming out.

    ReplyDelete

Post a Comment

Type your comments here

Popular posts from this blog

AFCON, Senegal Wins!!

Congratulations Senegal πŸ‡ΈπŸ‡³  Sadio Mane wins AFCON for Senegal! Liverpool star fires home winning penalty in shootout after he had missed an early spot-kick in the final and escaped a red card, to leave Mo Salah devastated. Senegal made history as they won AFCON for the first time by beating Egypt  Sadio Mane saw a penalty saved by Gabaski just four minutes into the clash  90 minutes of normal time and extra time failed to produce a match winner  But Mane redeemed himself scoring the winning penalty to see Senegal win 4-2 Senegal made history as they won the Africa Cup of Nations for the first time, with a dramatic 4-2 victory on penalties over Egypt.  Bravo!!!

New Super Eagles Head Coach Appointed

  The Nigeria Football Federation (NFF) has appointed a new Super Eagles coach.  Portuguese manager Jose Peseiro as the new head coach of the Super Eagles. The NFF endorsed a proposal by its Technical and Development sub-committee for the appointment of the new coach. His appointment follows the sacking of Gernot Rohr earlier this December, 2021. Nevertheless, the interim head coach Augustine Eguavoen will be in charge of the three-time African champions for the African Cup of Nations in Cameroon,  while coach Peseiro will serve as an observer. This decision was made known by the executive committee of the NFF. The NFF says the tournament will be a good avenue for Peseiro to launch a working relationship with Eguavoen, who will revert to his role as technical director of the NFF after the AFCON. The 61-year-old was in charge of the Venezuela national team until August and has also coached Sporting Lisbon, FC Porto, and Al Ahly of Egypt. A friendly match will be held for t...

Groups Thronged Turban Occasion To Mobilise Support For Amaechi For President In 2023

Amaechi for President banners flood Daura. The Emir of Daura, HRH Faruk Umar Faruk, yesterday, in Daura, Katsina State prayed for the Minister of Transportation, Rotimi Amaechi, whom he described as a goal getter, to attain a higher office. The revered Emir prayed the prayer while honoring Amaechi with the title  of ‘Dan Amanar Daura’,  meaning the trusted son of Daura. The occasion  was attended by eminent people from across Nigeria and those campaigning for the Minister as President ahead of the 2023 polls who flooded the town with ‘Amaechi for President’ banners. The Emir said:“We are gathered here to reciprocate the kind gesture done to us by the  Hon Minister of Transportation, Chibuke Rotimi Amaechi, for his whole hearted love and support for us.  Therefore, it is binding on the Daura traditional emirate to acknowledge the kind gesture. My prayer is for God to give you a higher office.” Faruk said the Daura Emirate conferred the title on Amaechi also in re...