Nigerian government to privatise mint?

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The Nigerian government is considering whether to privatise the nation's mint - officially referred to as the Nigerian Security Printing and Minting Company - despite stiff opposition from the national parliament. Mint chairman, Abubakar Rimi, says he believes that conceding printing of the nation's currency to a foreign company might compromise national security. Joe Anichebe, public affairs director of the public enterprises bureau, dismisses criticism of the proposed privatisation. The mint, Anichebe says, has "consistently failed to meet the goals for which it was established".

Already, three foreign...

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