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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. Anuoluwapo7 January 2023 at 07:14

    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

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