A former Central Bank of Nigeria director of currency operations, Ahmed Umar, has disclosed that the immediate past governor, Godwin Emefiele, printed his own design of the naira.
Umar disclosed this while giving evidence at the Federal Capital Territory (FCT) High Court sitting in Maitama.
The former CBN director said the features in the design approved by former President Muhammadu Buhari were different from the one Emefiele ordered to be printed.
Umar added that the design approved by the president had a QR code, which the currency in circulation does not, noting that the positioning of the portrait was on the right side, while that printed by the CBN was on the left, and the number scheme approved by the president is different from what the CBN produced.
Umar who was led in evidence by prosecuting lawyer, Rotimi Oyedepo (SAN), said the CBN Act requires that when new notes were to be printed there should be a recommendation of the CBN Board of Directors to the President.
He added that the Act said the President shall approve the form, design and devices on any new currency note to be produced.
