Pres. Buhari Appoints First Lady’s Brother To Head Company Printing Naira Notes

September 1, 2022
Ahmed Halilu and Aisha Buhari. Photo Credit: Punchng and Dailynigerian

President Muhammadu Buhari has made the appointment of Ahmed Halilu, the acting Managing Director of Nigerian Security Printing and Minting Company (NSPMC), permanent. 

Halilu, who happens to be the elder brother of the First Lady, Aisha Buhari, had been the acting MD of Nigerian Security Printing and Minting Company, since Abbas Masanawa resigned from the position in May. 

Join our WhatsApp Channel

Recall that President Buhari had instructed his political appointees to resign from their position if they intend to contest for an elective office in the coming 2023 election on or before May 16, 2022. This led to Masanawa submitting his resignation. 

He joined the gubernatorial race in Katsina State, but lost the governorship primaries to former Small and Medium Enterprises Development Agency of Nigeria (SMEDAN) Director-General, Dikko Radda. 

Halilu will now remain in the office for three more years after President Buhari permanent his appointment, following the backing he reportedly received from Central Bank of Nigeria (CBN) governor, Godwin Emefiele.

Nigerian Security Printing and Minting Company is responsible for the printing of Nigeria’s currency, Naira, and the firm is chaired by the governor of the central bank. 

Prior to his time in the Nigerian Security Printing and Minting Company, Halilu’s 23 years banking career had spanned across African International Bank Limited (AIB) and Zenith Bank Plc. 

He is a member of Nigerian Institute of Management (NIM), and holds several certificates from Ahmadu Bello University Zaria, including Bachelor’s degree in Agriculture B. (Agric), Masters in Business Administration, and a Masters in International Affairs & Diplomacy.

+ posts
Peter Obi Says Oil Industry Can Reduce Sufferings Of Nigerians, Reveals How
Previous Story

You’re Number 1 Foreign Investor, Obi Tells Nigerians In Diaspora

Next Story

Truecaller Launches Vastly Improved iOS App

Featured Stories

Latest from Business News

Fuel Subsidy: World Bank Must Allow Africa’s Poor Breathe

World Bank Flags Taxes, Bribery as Constraints on Kenya Businesses

Written by Amanze Chinonye Kenya’s private sector faces higher costs and uncertainty from multiple taxes, regulatory hurdles and bribery, the World Bank said on Thursday, warning that the constraints are weighing on investment and business growth. While Kenya’s corporate income tax rate is

Rwanda Expands Fuel Imports Through Mombasa under Kenya Deal

Written by Amanze Chinonye Rwanda has begun importing bulk refined petroleum products through Kenya’s Mombasa port under a new government-to-government arrangement aimed at diversifying its fuel supply routes and strengthening energy security, with the first 40,000-tonne cargo arriving this week. Join our WhatsApp

Wealth Without Access is Stranded Wealth – Opiva Capital Chairman 

Written by Kamsiyochukwu Mbamalu The Chairman of Optiva Capital Partners, Franklin Nechi, has called on African entrepreneurs, investors and families to move beyond traditional wealth accumulation and embrace global access as a strategic tool for business growth, family security and intergenerational legacy. Nechi
Peter Obi Says Oil Industry Can Reduce Sufferings Of Nigerians, Reveals How
Previous Story

You’re Number 1 Foreign Investor, Obi Tells Nigerians In Diaspora

Next Story

Truecaller Launches Vastly Improved iOS App

Don't Miss

Chidimma Adetshina Wins Miss Universe Nigeria

Chidimma Adetshina Wins Miss Universe Nigeria

A former Miss South Africa contestant, Chidimma Onwe Adetshina, has
LP’s Obi Sweeps Presidential Poll In Anambra, Imo, Delta

LP’s Obi Sweeps Presidential Poll In Anambra, Imo, Delta

The Labour Party (LP) presidential candidate, Mr Peter Obi, has