Godwin Emefiele, the immediately previous governor, produced his own design of the naira, according to a former Director of Currency Operations at the Central Bank of Nigeria, Ahmed Umar.
When Umar testified at the Federal Capital Territory (FCT) High Court in Maitama, he revealed this information.
According to the former director of CBN, the design that Emefiele had requested to be printed differed from the characteristics that former President Muhammadu Buhari had approved.
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.”
Emefiele was charged with four counts by the Economic and Financial Crimes Commission (EFCC) on May 15 before FCT High Court Judge Maryanne Anenih.
However, Emefiele refuted the accusations and was granted N300 million in bail.
