about us

Our History

The Nigerian Security Printing and Minting PLC apart from being the foremost in Africa, is the only full-fledged security printing organisation in the whole of African sub-region. It was established in 1963 by the government of the Federal Republic of Nigeria in partnership with De La Rue of the U.K. With so many staff, the company is wholly managed and operated by Nigerians.

Since 1965 when The MINT, as we are known, began full operation, we have been producing currency notes and coins for the Central Bank of Nigeria as well as a wide range of security documents for federal, state and local government establishments, commercial banks, blue chip companies amongst others. Our operational capability compares favourably with any international security printing establishment of high repute due to our huge investment in high technology equipment, technical training, and calibre of human resources, research and development.

our infrastructure

Our Production Facilities

The company has its headquarters in Abuja. It has two ultra-modern factory complexes in Abuja and Lagos with adequate capacity and technologically up-to-date machinery.The two broad divisions under which production is carried out are the Currency Division and the Security Documents Division.

CURRENCY DIVISION

The banknotes production facilities consist of the most up-to-date machines available in the industry. Our high-tech electronically controlled machines, sophisticated inks and highly skilled personnel all go to show that we keep pace with the most current trend in the industry world-wide. To support our operations and satisfy our clients’ individual demands, The MINT manufactures its offset and intaglio printing plates here in Nigeria while the sophisticated production machines and key raw materials are imported from diversified but highly reliable dealers overseas.

SECURITY DOCUMENTS DIVISION

The production process in the security document division usually starts with the highly skilled and innovative graphic artists who are not only fully conversant with the latest techniques and materials to counteract forgery and adulteration, but are aware of the current capabilities of criminals. This knowledge combined with information on the latest international counterfeiting methods enable our designers to continually upgrade the security features and materials to ensure that our products are constantly ahead of potential counterfeiters. The company uses modern local letter-assembly facilities to add the require text matter to these designs. The resultant designs are then produced on a variety of sheet-fed wet or dry to four colours at once with the capability of printing on both the front and the back of the sheet simultaneously. The numbering of the documents which in itself is a complex operation, involving the need for absolute accuracy, is available in a variety of styles. Finishing is carried out in controlled conditions in line with the importance The MINT attaches to the security and integrity of its products.

SUBSIDIARY

Part of our expansion strategy is to source raw materials locally as a logical first step, and this initiative inspired the establishment of an indigenous company in partnership with a renown technical partner for the production of security inks in Nigeria. A Memorandum of Understanding was signed on the 19 of June, 1987, for the formation of a company under the business name of Tawada Limited. The shareholders in this company being NSPM Plc (60%) and SICPA S. A. of Switzerland (40%). Tawada Limited came into existence as a result of the backward integration policy of the Nigerian Security Printing and Minting Plc (NSPM Plc) and the willingness of SICPA S. A. of Switzerland to go into a joint venture arrangement for the manufacture of security and commercial printing inks in Nigeria. The Tawada Limited has since commenced production of high-quality security inks.

Ownership & Capital Structure

The Federal Government of Nigeria owns majority shares in the Nigerian Security Printing and Minting P.L.C as reflected in the following ownership structure of the company.