The Central Bank of Nigeria (CBN) has agreed in principle to
mint The Gambian Dalasi.
The CBN governor, Godwin Emefiele, agreed to the currency
minting proposal from the Governor of the Central Bank of The Gambia, Buah
Saidy, who led a delegation to visit him on Tuesday.
Emefiele said Nigeria has a lot of capacity in currency
printing as she has been minting since the 1960s and “we are willing to assist
in printing your currency. We can be extremely competitive in terms of cost.”
The Gambian Central Bank governor said his country is running very low on currency and wants to learn how to manage their currency need annually leveraging Nigeria’s wealth of knowledge and experience.
He said currently, they placed an order for two years
currency minting deal abroad but they are considering also minting from Nigeria
if Nigeria is willing.
On its part, the Nigerian Security Printing and Minting
Company Plc said it is ready if both parties come to a deal.
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