Business

We have capacity to print electoral materials, Mint company tells INEC

216

The Nigerian Security, Printing and Minting, (NSPM) Plc, has appealed to the Chairman of the Independent National Electoral Commission (INEC), Mamood Yakub, to award the contract of producing the election materials for the 2019 general elections to the mint company.

“We are saying we have the capacity to compete with others, if INEC will gives us the opportunity, we have the capacity to do 100 percent of not only the ballot paper, all the electoral material in 2019, said Managing Director and Chief Executive of NSPM, Abbas Umar Masanawa.

“We are pleading with INEC, we are trying to see how they can be able to give us, we have been talking with them. We say instead of INEC to take it somewhere else outside the country, it is something that we can be able to do.

“We have the capacity to print in Nigeria 100 percent of all the electoral requirements come 2019 and we believe INEC will give us the opportunity to prove that we can be able to do it.”

It assured that the Minting company has the capacity to handle all election materials for the 2019 elections.

Masanawa who said already NSPM management has met with the INEC Chairman to discuss the matter, expressed optimism that  the minting company would considered for the job

This is coming on the heels of the outcry against printing of the nation’s passports in Malaysia instead of awarding the contract to NSPM, to patronize indigenous companies.

Critics say, the passport being a sensitive and important document should not be taken outside the country, adding that if the nation’s currency could be handled locally, it was pointless printing outside.

“Mint is a goldmine and what we have achieved is not to be compared with what we are capable of achieving, we believe we will be able to do better over time,” he said.

 

Leave a comment

Related Articles

Netflix raises subscription fees in Nigeria, the second in three months

by Ramlat Ibrahim Netflix has again announced another tariff hike for its...

Exciting prizes up for grabs with FirstBank Visa Gold and Visa Infinite Cards in 2024 summer campaign

First Bank, the West African premier financial institution and financial inclusion services...

Transcorp Hotels achieve 188 percent growth in 2024 half year

Transcorp Hotels, the hospitality subsidiary of one of Africa’s leading listed conglomerates,...

Why FG injected N1trn palliatives into manufacturing sector – Finance Minister Edun

The Federal Government has disclosed that a total sum of N1 trillion...

Breaking: Again, CBN increases interest to 26.75 percent

The Central Bank of Nigeria (CBN) has raised the monetary policy rate...

I’m no longer interested in investing in Nigeria’s steel industry, says Aliko Dangote

Alhaji Aliko Dangote, the Chairman of Dangote Industries Limited, has halted the...

With giants campaign, First Bank is truly woven into society’s fabric

The ‘Giant in you’ campaign of the FirstBank has again confirmed the...

CBN sells $122.67m to 46 authorized FX dealers

The Central Bank of Nigeria (CBN) says it has sold $122.67 million...

Nigeria’s FX reserves hit $35.05 bln, highest under Pres. Tinubu

Nigeria’s external reserves continue to soar, as the foreign exchange reserve hit...

UBA MD, Alawuba, appointed Chairman, CIBN Body of Banks’ CEOs

Oliver Alawuba, the Group Managing Director/Chief Executive Officer of United Bank for...

Nigeria seeks $172bn investment boost in key sectors

Nigeria Backbone Infrastructure Limited, a multinational company, has announced plans to invest...

Tinubu to release N2trn to revamp Nigerian economy

President Bola Tinubu has promised to revamp the Nigerian economy by injecting...

FG grants withholding tax exemptions to SMEs, farmers, manufacturers

Mr. Taiwo Oyedele, the Chairman of the Presidential Committee on Fiscal Policy...

Nigeria’s foreign investment inflows grow by 210% in Q1 2024

Foreign investment inflows to Nigeria grew to $3.38 billion in the first...

CBN gets 7 days ultimatum to account for missing N100bn dirty notes, public funds

SERAP said the allegations are documented in the latest annual report recently...

Nigeria’s external reserves surge to $34bln, first since March

Nigeria’s external reserve hit a new milestone in June, rising to $34.07...

Regulation of crypto, digital assets now under full control, says SEC DG

The Securities and Exchange Commission (SEC)  says it has complete oversight and...

Glory days ahead for the naira – CBN Gov. Cardoso

Dr. Olayemi Cardoso, the governor of the Central Bank of Nigeria (CBN),...

Dangote Sugar Refinery registers N209bln multi-instrument issuance programme

In a bid to uphold the standard of its corporate objectives, Dangote...

CBN issued IMTOs Naira access to boost remittances

The Central Bank of Nigeria (CBN) says it has implemented new measures...