The Central Bank of Nigeria has
shortlisted three firms from the United Kingdom, Germany and France to
tender for the multibillion naira minting job of printing the new N5,000 note.
The three minting and printing firms contacted are Delarue of Britain, D&G of Germany
and Orbether of France. CBN Governor, Sanusi Lamido Sanusi, had said during a news conference in
Abuja on Aug. 23, that the bank had secured a presidential approval to
introduce the N5,000 denomination and to coin the lower denominations of
N5, N10 and N20.
N40.3bn was approved for the implementation of the policy on the nation’s currency. Production of the coins alone will cost N8bn.
So they are really going ahead with it?
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