The Nigerian Security Printing and Minting Plc (NSPM) has assured Nigerians that the new Naira notes in circulation are of the highest quality as the old notes but pointed out that the new notes leave traces of an Intaglio ink when rubbed on plain white surfaces.
Intaglio ink is part of the components used in the minting of the notes. There have been massive criticisms of the new Naira notes, particularly the inks that bleed quickly when the notes fall in water or are rubbed on white surfaces.
In a statement signed and released by its Managing Director/Chief Executive Ahmed A. Halilu, NSPM stated that the new notes are of the same substrates and passed through the same printing processes and finishing procedures of old Naira notes. He stated that the ink is generally a security feature of all banknotes that easily differentiates them from forged or counterfeit notes.
“The attention of the Nigerian Security Printing and Minting (NSPM) PIc has been drawn to various…
Source: Linda Ikeji