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Emefiele printed ‘his own Naira’, ignored design approved by Buhari – Ex-CBN director

MixCollage 11 Jun 2024 12 49 PM 6339
Written by Areatatafo
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A former Central Bank of Nigeria, CBN, Director of Currency Operations, Ahmed Umar, has disclosed that the immediate past governor, Godwin Emefiele, printed his own design of the naira.

Umar disclosed this while giving evidence at the Federal Capital Territory, , High sitting in Maitama.

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The former CBN director said the features in the design approved by former President Muhammadu was different from the one Emefiele ordered to be printed.

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Umar said, “The design approved by the President had a QR code, which the currency in circulation does not. The positioning of the portrait was on the right side, that printed by the CBN was on the left and the number scheme approved by the President is different from what the CBN produced.”

The Economic and Financial Crimes Commission, EFCC, had on May 15, arraigned Emefiele on a four count charge before Justice Maryanne Anenih of the FCT High Court.

Emefiele however denied the charge and was admitted to bail in the sum of N300 million.


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