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NEWS and REPORTS => Nigerian News => Topic started by: MrVan on Sep 09, 2012, 07:30 AM

Title: Mint to strengthen confidence in N5000 note
Post by: MrVan on Sep 09, 2012, 07:30 AM
By AKOMA CHINWEOKE

Worried by CBN criticism that greeted  the proposed  introduction of N5,000 note by the Central Bank Nigeria, CBN,  the Nigerian Security Printing and Minting Plc , NSPM, is set to create more awareness on how  the proposed currency restructuring would help shore up  value in the economy.

The Managing Director of  NSPM, Mr. Ehi Okoyomon, said the forthcoming 17th edition of the Association of African Banknotes and Security Documents Printers AABSDP Conference will be used to create more awareness on the proposed currency restructuring by the CBN.

The conference, to be declared open  tomorrow in Lagos by the CBN Governor, Lamido Sanusi, according to the AABSDP,  would showcase the largest exhibition in high level security print in Africa where stakeholders and industry players meet to interact and discuss issues in the industry.

"Following the Federal Government's endorsement of N5,000 which has created a lot of controversy , the conference is an opportunity for  exchange of knowledge and awareness creation.

Vanguard Nigeria
Title: Re: Mint to strengthen confidence in N5000 note
Post by: Nifemi Donald on Sep 11, 2012, 04:26 PM
There is nothing they are strengthning that will convince me.The initiative is not good.there is no two ways about it
Title: Re: Mint to strengthen confidence in N5000 note
Post by: Folami David on Sep 13, 2012, 02:40 PM
This nigerians i'm seeing and hearing are not read to have confidence in anything.They don't want it and that is final