The former director of currency operations of the CBN Ahmed Umar has told the FCT high court sitting in Maitama that the former governor of the central bank Godwin Emefiele printed his design of the Naira.
In his evidence in chief, he highlighted the features in the design approved by former president Muhammadu Buhari which is different from what was printed by the CBN under Mr Emefiele.
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 approval of the president was obtained on 6th October 2022 two months after the board of directors met on 15th December 2022.
The CBN act requires that recommendations be made from the board of directors to the president and the president shall approve the form design and device on any currency note.
But the former CBN governor got the approval of the former president before meeting with the board.
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