Ahmed Umar, a former Central Bank of Nigeria (CBN) Director of Currency Operations, revealed that the immediate past governor, Godwin Emefiele, printed his own design of the naira, deviating from the design approved by former President Muhammadu Buhari.
Umar made this disclosure while testifying at the Federal Capital Territory (FCT) High Court in Maitama. He stated, “The design approved by the President had a QR code, which the currency in circulation does not. The positioning of the portrait was on the right side, that printed by the CBN was on the left and the number scheme approved by the President is different from what the CBN produced.”
The Economic and Financial Crimes Commission (EFCC) arraigned Emefiele on May 15 on a four-count charge before Justice Maryanne Anenih of the FCT High Court. Emefiele denied the charges and was granted bail in the sum of N300 million.
