CENTRAL BANK OF NIGERIA ACT

Section 18: Power to print notes and mint coins.

2007Section 18 of 61Federal Republic of Nigeria

(1) The Bank shall-
(a) arrange for the printing of currency notes and the minting of coins;
(b) issue, re-issue and exchange currency notes and coins at the Bank's offices and at such agencies as it may, from time to time, establish or appoint;
(c) arrange for the safe custody of un-issued stocks of currency notes and for the preparation, safe custody and destruction of plates and paper for the printing of currency notes and disc for the minting of coins; and
(d) arrange for the destruction of currency notes and coins withdrawn from circulation under the provisions of section 20 (3) of this Act or otherwise found by the Bank to be unfit for use.

Cite this section

Section 18, CENTRAL BANK OF NIGERIA ACT (2007).

https://repo.podus.ai/laws/central-bank-of-nigeria-act/section/18/