The Central Bank of Nigeria has sensitised Gombe traders on the importance of accepting the new currency notes, with focus on realising its basic security features.
Speaking on Tuesday, during a one-day awareness programme at Gombe International Market, the Senior Manager, Currency Operations Department, Shamsudeen Imam, disclosed that the currency change was a good step with lots of benefits to the economy.
While speaking on the basic security features for the new naira notes, Imam said, “Some counterfeiters find it difficult to counterfeit some features. The issue of colour; if you are carrying an original currency if you use handkerchief the colour will come out; it means that currency is original but if it is fake if you put handkerchief, the colour will not come out. The watermark is basic another basic security feature.”
According to him, other countries change theirs every five years.