Ballot papers, bank notes to be printed by NSPM – Jonathan

Speaking yesterday at the launch of the National e-ID at the presidential Villa, Jonathan said Nigeria could not continue to claim to be a giant while it continues exporting all kind of jobs outside, empowering other countries.He said he had directed the new governor of the  Central Bank of Nigeria to restructure the Nigerian Security […]

Speaking yesterday at the launch of the National e-ID at the presidential Villa, Jonathan said Nigeria could not continue to claim to be a giant while it continues exporting all kind of jobs outside, empowering other countries.
He said he had directed the new governor of the  Central Bank of Nigeria to restructure the Nigerian Security Printing and Minting Plc so that “we cannot give approval for any printing whether passport or anything except the Mint say they cannot produce that. As far as Mint can produce it, we must produce everything in this country.”
“In fact when I appointed the new CBN governor, I told him that the Nigerian Security and Minting Company must be reformed. The board must look into management and get choice global players who are into this business and partner with them”, Jonathan said.
The president noted that those who would use these services must have their credibility to protect, saying “that means Mint must be in a position to tell INEC Chairman that whatever I give you, the security devices are okay and you will get the result you want.”
“We must change our institutions; we must strengthen them to move to the direction we want.”
Jonathan said he was quite pleased with the National Identity Management Commission (NIMC).
“In fact, with NIMC success story, as a nation, we are moving. And I said that everybody talks about change and I always say that is not just to wake up and change. A change is a vector you must have the magnitude and the direction.”
“So we must have a direction that we are going. The key thing is to strengthen our institutions and that is why I am happy with NIMC. NIMC almost went the way of Nigerian Airways, Nigerian Shipping Line and Ajaokuta. Now NIMC is coming back.”
Meanwhile, the board of directors of the Nigerian Security Printing and Minting Plc yesterday dissolved the executive management of the company.
A statement by the Company Secretary/ Legal Adviser,  Lawal Adamu, said the board appointed Mr Joseph Ugbo as substantive managing director/chief executive officer and Alhaji Abbas Umar Masanawa as executive director in charge of financial strategy of the company.
The statement directed the acting managing director and the other directors to retire with effect from September 1, 2014.