The Central Bank of Nigeria has agreed in principle to mint the Gambian Dalasi.
Mr. Godwin Emiefele, Central Bank Governor agreed to the currency minting proposal from the Governor of the Central Bank of Gambia, Mr. Buah Saidy, who led a delegation to visit him on Tuesday, June 15.
According to reports, Mr. Emiefele said Nigeria has a lot of capacity in currency printing as she has been minting since the 1960’s and ” we are willing to assist in printing your currency. We can be extremely competitive in terms of cost”
The Governor of CBN Gambia has earlier said that his country is running low on currency and wants to learn how to manage their currency need annually leveraging Nigeria’s wealth of knowledge and experience.
He said currently, they placed an order for two years currency minting deal abroad but they are considering also minting from Nigeria if Nigeria is willing.