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Nigeria To Mint Coins For Ghana (Replacing Germany) - Business - Nairaland

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Senate Wants CBN To Convert Lower Naira Notes Into Coins / Nigeria To Mint Currency For Ghana, Cote D'ivoire / Nigeria To Mint Currency For Ghana And Ivory Coast. (2) (3) (4)

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Nigeria To Mint Coins For Ghana (Replacing Germany) by Ikengawo: 7:58pm On Mar 19, 2015


Currency notes of Ghana, Ivory Coast and other countries would soon be printed by the Nigerian Security Printing and Minting (NSPM) Plc, its managing director, Joseph Ugbo, revealed yesterday.

He told the House of Representatives committee on banking and currency at the 2015 budget defence that apart from the notes, other security documents of the countries would also be printed by the NSPM.

Ugbo said an installation of newly procured state-of-the-art machines for security documents has since commenced.

He said the installations are aimed at perfecting final preparation in the build up to the production of the banknotes and other security documents required by the Central Bank of Nigeria (CBN).

The managing director said the Lagos and Abuja facilities of the company can produce 1.2 billion and 1.4 billion bank notes while the new facility could print 1.2 billion notes.

Chairman of the committee Rep Jones Onyeriri however queried the N200 million earmarked as exit incentives as against the N150 million in 2014 as well as N50 million for the year-end gift by the company.

http://www.ghanaweb.com/GhanaHomePage/NewsArchive/artikel.php?ID=349248&comment=0#com

17 Likes 2 Shares

Re: Nigeria To Mint Coins For Ghana (Replacing Germany) by SeverusSnape(m): 8:04pm On Mar 19, 2015
GEJ is working

88 Likes 3 Shares

Re: Nigeria To Mint Coins For Ghana (Replacing Germany) by temitemi1(m): 8:10pm On Mar 19, 2015
God bless Nigeria! GEJ till 2019!!!

78 Likes 4 Shares

Re: Nigeria To Mint Coins For Ghana (Replacing Germany) by aljharem(m): 8:13pm On Mar 19, 2015
Meanwhile in APC the presidential candidate will stabilize our oil prices

OP
\
This is real economics being played out by GEJ and the CBN Governor

62 Likes 5 Shares

Re: Nigeria To Mint Coins For Ghana (Replacing Germany) by Nobody: 8:23pm On Mar 19, 2015
wow. Nice

14 Likes

Re: Nigeria To Mint Coins For Ghana (Replacing Germany) by Nobody: 8:34pm On Mar 19, 2015
Nigeria is my country!

35 Likes 1 Share

Re: Nigeria To Mint Coins For Ghana (Replacing Germany) by mumumugu(m): 8:35pm On Mar 19, 2015
When we dont even use coins

5 Likes

Re: Nigeria To Mint Coins For Ghana (Replacing Germany) by Chimarto: 8:59pm On Mar 19, 2015
GEJ till Ameachi offer me scholarship to study Buhariology in GMB millitary university - Sambisia campus.

55 Likes 1 Share

Re: Nigeria To Mint Coins For Ghana (Replacing Germany) by Bonapart(m): 9:00pm On Mar 19, 2015
Hoe-kay
Re: Nigeria To Mint Coins For Ghana (Replacing Germany) by angrybird007: 9:02pm On Mar 19, 2015
Use dat resources to print more money for us.
Lately Naira is scarce
Re: Nigeria To Mint Coins For Ghana (Replacing Germany) by Nobody: 9:02pm On Mar 19, 2015
I'm confused. Is it that Jonathan is doing well and I've just not been seeing, or it that all these good news and achievements are mere election propaganda?

8 Likes

Re: Nigeria To Mint Coins For Ghana (Replacing Germany) by Sunnidinho: 9:02pm On Mar 19, 2015
mumumugu:
When we dont even use coins
meaning?

4 Likes

Re: Nigeria To Mint Coins For Ghana (Replacing Germany) by Nobody: 9:02pm On Mar 19, 2015
Nigeria minting coins for the Banku eaters...
Lolxxx..

5 Likes

Re: Nigeria To Mint Coins For Ghana (Replacing Germany) by KingEbukasBlog(m): 9:02pm On Mar 19, 2015
hmmm
Re: Nigeria To Mint Coins For Ghana (Replacing Germany) by Firefire(m): 9:03pm On Mar 19, 2015
God bless Nigeria

God bless Dr. Goodluck Jonathan

Nigeria on the path to Greatness...

25 Likes 2 Shares

Re: Nigeria To Mint Coins For Ghana (Replacing Germany) by Pearlvictory(m): 9:03pm On Mar 19, 2015
O yes! But isn't this funny? China is still printing Nigeria's notes and yet Nigeria wants to print other countries' notes. What a paradox!

20 Likes 3 Shares

Re: Nigeria To Mint Coins For Ghana (Replacing Germany) by Nobody: 9:03pm On Mar 19, 2015
SeverusSnape:
GEJ is working
and who told you the minting company was started by GEJ? All this Gejites no go let person hear word. Be ready to cry by March 30th.

12 Likes 1 Share

Re: Nigeria To Mint Coins For Ghana (Replacing Germany) by Kangol99(m): 9:03pm On Mar 19, 2015
But why the devaluatn of our naira?
Make them no allow 9ja devalue their money ooo
Re: Nigeria To Mint Coins For Ghana (Replacing Germany) by Firefire(m): 9:03pm On Mar 19, 2015
SeverusSnape:
GEJ is working

I agree...

The people hating Jonathan online are just wasting their time grin

Jonathan till they regain their consciousness cool

24 Likes 2 Shares

Re: Nigeria To Mint Coins For Ghana (Replacing Germany) by uzolexis(f): 9:03pm On Mar 19, 2015
Ghana dont worry, big brother Nigeria always got ur back grin grin

17 Likes 1 Share

Re: Nigeria To Mint Coins For Ghana (Replacing Germany) by Obaino2013(m): 9:03pm On Mar 19, 2015
Nice development.
Re: Nigeria To Mint Coins For Ghana (Replacing Germany) by vicoloni(m): 9:04pm On Mar 19, 2015
Posterity shall judge you all.

1 Like 1 Share

Re: Nigeria To Mint Coins For Ghana (Replacing Germany) by thinkdip(m): 9:04pm On Mar 19, 2015
great one
President keep working
APChit keep hating
Media keep panicking
Nigeria keep moving forward
Bookohari and Thie.fnubu keep planning a parallel govt.
One day our struggle would all be over,
then we will all sit and tell a story to our children that once upon a time....
There was a 72yrs old grandfather who was planning to hijack a peaceful democratic govt the way he did in 1983. HE KILLED AND TRAINED TERROR JUST TO CAUSE A NEGATIVE IMPRESSION ABOUT THE PEACEFUL GOVT, AFTER THAT HE...to be cont'd.
get till 2019.

16 Likes 1 Share

Re: Nigeria To Mint Coins For Ghana (Replacing Germany) by Maczeelly(m): 9:04pm On Mar 19, 2015
So....how does that make us have a stable power supply........

4 Likes

Re: Nigeria To Mint Coins For Ghana (Replacing Germany) by GEJmustGO(f): 9:04pm On Mar 19, 2015
Sai mai gaskiya

1 Like

Re: Nigeria To Mint Coins For Ghana (Replacing Germany) by chelseabmw(m): 9:04pm On Mar 19, 2015
When he(Buhari) becomes the president, we will print for more countries like South Africa, Egypt, Morocco, Kenya, Spain, Turkey and Portugal

Buhari is the answer

#InBuhariWeTrust

Sai Buhari

13 Likes

Re: Nigeria To Mint Coins For Ghana (Replacing Germany) by seapson(m): 9:05pm On Mar 19, 2015
Booked

3 Likes

Re: Nigeria To Mint Coins For Ghana (Replacing Germany) by amadice(m): 9:05pm On Mar 19, 2015
aljharem:
Meanwhile in APC the presidential candidate will stabilize our oil prices

OP
\
This is real economics being played out by GEJ and the CBN Governor

...don't mind that Fulani man....he wants to stabilize oil price as if Na him papa get OPEC..

12 Likes 1 Share

Re: Nigeria To Mint Coins For Ghana (Replacing Germany) by Firefire(m): 9:05pm On Mar 19, 2015
vicoloni:
Posterity shall judge you all.
?

2 Likes 1 Share

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