ALSO READ: Buhari granted Emefiele approval to redesign Naira locally — EFCC investigatorThe offences allegedly committed by him, according to EFCC, were against Section 123 of the Penal Code, Cap 89 Laws of the Federation, 1990 and punishable under the same law. Emere that CBN raised bills of settlement to Nigerian Security Printing and Minting Company (NSPMC) for the production of the redesigned notes. Asked to confirm to the court if the Naira notes were produced by NSPMC, the prosecution witness answered in the affirmative, saying that, “The Nigerian Security Printing and Minting Company produced the redesigned notes. He added that the investigation revealed that Buhari eventually launched the redesigned notes, but could not remember if the former president raised any complaints against the redesigned notes. He then told the court that the EFCC investigation team came up with an investigative report after its assignment.

Source: Nigerian Tribune February 03, 2026 13:57 UTC