President Muhammadu Buhari Thursday in Abuja conferred the sole power for the personalisation of all Nigerian e-passports and related documentation on the Nigerian Security Printing & Minting Company .
According to the statement, with the new presidential directive, all existing memoranda of understanding and contracts on printing by other institutions or companies will not be renewed. “Under the chairmanship of the Central Bank Governor, Mr Godwin Emefiele, new targets were set, and Managing Director/Chief Executive Officer of The Mint, Mr. Abbas Umar Masanawa, recounts some of the achievements to include: zero importation of currency from 2014 to date, with attendant benefits of conservation of foreign reserve, revenue and employment generation, as well as safeguarding the nation’s sovereignty.
“Other achievements include enhanced production capacity, revenue diversification, reduced cost of production, institutionalisation of corporate governance, improved staff welfare and industrial harmony, among others.”
Good move 👏🏿
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