By Promise Eze
The Nigerian Security Printing and Minting (NSPM) Plc has allayed the fears of Nigerians over the quality of the redesigned naira notes.
The company, also referred to as The MINT, is responsible for producing the naira, Nigeria’s currency.
According to The Nation, the Managing Director/Chief Executive of the Nigerian Security Printing and Minting (NSPM) Plc, Ahmed Halilu, in a statement on Friday, said the new naira notes “leave traces of intaglio inks when rubbed on plain white surfaces”.
He confirmed that the ink-staining naira notes were made of the same materials as the old ones and went through the same printing and finishing processes.
“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 counterfeit notes,” he added.
