Ahmed Umar, a former director of currency operations at the Central Bank of Nigeria (CBN), revealed that Godwin Emefiele, the immediate past governor, produced his own naira design.
On May 15, 2024 the Economic and Financial Crimes Commission (EFCC) charged Emefiele with four counts before Justice Maryanne Anenih of the FCT High Court.
However, Emefiele rejected the charge and was granted N300 million bail.
However, Umar while giving evidence at the Federal Capital Territory, FCT, High Court sitting in Maitama, said the features in the design approved by former President Muhammadu Buhari were different from the one Emefiele ordered to be printed.
Umar said: “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.”