Business
NSPM boss, Ahmed Halilu reacts to Ink stains on new naira notes
The Nigerian Security Printing and Minting (NSPM) has explained that the ink stains from the newly recoloured naira notes are security features that will enable Nigerians to easily identify fake naira note
Disclosing this in a statement on Friday in response to Nigerians’ concerns on the quality of the newly designed naira notes, the managing director of NSPM, Ahmed Halilu confirmed that the ink-staining naira notes were made of the same materials as the old ones & went through the same printing & finishing processes
Mr Halilu asserts that the new naira notes ability to leave intaglio ink traces when rubbed on completely white surfaces serves as a security feature that makes it simple to spot counterfeit money
The second stage of currency printing 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,” the NSPM MD said
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