President Muhammadu Buhari has granted the Nigerian Security Printing & Minting Company (NSPMC) the monopoly for the production and personalization of all Nigerian E-passports and related documentation.
Buhari gave the directive recently.
Popularly known as The Mint, the company was established in 1963 with the objective of producing the nation’s currency notes and coins for the Central Bank of Nigeria as well as security documents for Ministries, Departments and Agencies of government, banks and other blue chip companies.
With the new directive from the President, all existing memoranda of understanding and contracts on printing by other institutions/companies will not be renewed.
The Mint is the largest banknote and security documents specialist printing company in West Africa. However, its performance was rapidly dwindling in terms of both currency production and security documents prior to 2014.