Nigeria’s House of Representatives has recommended that the Nigerian Security Printing and Minting Company should partner with the Independent National Electoral Commission, INEC, to print sensitive and non-sensitive election materials locally to save the nation’s foreign exchange.
This was the position of the House Committee on Banking and Currency when it made an oversight visit to the company’s plant in Lagos to ascertain the 2017 Budget performance.
The House Committee members expressed satisfaction with the performance and called for a harmonization of functions between the agencies and made handling sensitive documents such as the INEC and examination materials.
The lawmakers expressed satisfaction that the agency exceeded its projected revenue of 3.6 billion Naira and was able to produce two billion bank notes as against the projected 2.6 billion with a short fall of six hundred million notes amid meager resources.
In a related development, the Committee acknowledged the efforts of Nexim Bank in trying to resuscitate moribund industries such as the Cocoa Industry in Ogun State and other export related sectors.
This was the position of the House Committee on Banking and Currency when it made an oversight visit to the company’s plant in Lagos to ascertain the 2017 Budget performance.
The House Committee members expressed satisfaction with the performance and called for a harmonization of functions between the agencies and made handling sensitive documents such as the INEC and examination materials.
The lawmakers expressed satisfaction that the agency exceeded its projected revenue of 3.6 billion Naira and was able to produce two billion bank notes as against the projected 2.6 billion with a short fall of six hundred million notes amid meager resources.
In a related development, the Committee acknowledged the efforts of Nexim Bank in trying to resuscitate moribund industries such as the Cocoa Industry in Ogun State and other export related sectors.
![[Funny Video] AAUA students go rogue, turn roadside sellers](https://blogger.googleusercontent.com/img/b/R29vZ2xl/AVvXsEhDO3NevIymQBgVfQW7RcoaTeWgYKp4g_3GjdRDLmCh2EfP_bEVUC61tes6ShdxhopBpwEwrej7gqerurRI_tout2v63bV51NOsTYu6HyIiZ0e8eSnXN7S1FFN3YOF23_LrT3ELfB3PKWU/s72-c/%255BUNSET%255D)
No comments:
Post a Comment