Umar Masanawa, director in charge of printing naira, picks APC forms without resigning

Abbas Umar Masanawa, Nigerian Security Printing and Minting Company (NSPMC)’s managing director, has declared his intention to contest the governorship election in Katsina on the All Progressives Congress (APC) platform without stepping down from office.
The NSPMC is a subsidiary of the Central Bank of Nigeria (CBN) responsible for printing and minting the nation’s currency notes, coins and high-level security documents.
Purchasing the N50 million APC governorship form on Wednesday, Mr Masanawa joined the ilk of CBN governor Godwin Emefiele and other political appointees actively pursuing their political ambitions without resigning their present positions.
A former deputy general manager at Zenith bank, Mr Masanawa served as special adviser to Mr Emefiele, and steadily moved up the rung to become the executive director at the NSPMC.
President Muhammadu Buhari appointed him as the organisation’s managing director in 2015.
Mr Masanawa told Peoples Gazette on Thursday morning he had resigned from office, but failed to provide evidence of his resignation or when it happened. Officials at his office said he had declined to resign, saying his position doesn’t fall under public officials who are required to step down to pursue elective offices in the upcoming general elections.
On Monday, the Independent National Electoral Commission (INEC) warned of serious implications should the CBN governor proceed with his presidential ambition.
Meanwhile, Mr Buhari has ordered Mr Emefiele to resign from the CBN over his intention to run for president in the 2023 presidential election. This affects Mr Masanawa too.
Mr Buhari’s directive came via a circular on Thursday demanding public officeholders seeking elective positions in the 2023 general elections to resign by May 16.
We have recently deactivated our website's comment provider in favour of other channels of distribution and commentary. We encourage you to join the conversation on our stories via our Facebook, Twitter and other social media pages.
More from Peoples Gazette

Agriculture
FG tasks ECOWAS on leveraging financing strategies for agroecology
The federal government has urged stakeholders in the agriculture and finance sectors in the West Africa region to leverage financing strategies to enhance agroecology practices

Politics
Katsina youths pledge to deliver over 2 million votes to Atiku
“Katsina State is Atiku’s political base because it is his second home.”

NationWide
ICPC’s PFIPC probe report submitted to Tinubu shows Adeyemi floated two other fake agencies
The ICPC said its findings established that Mr Adeyemi was never appointed by the federal government or any affiliated agency.

World
Power failure disrupts railway operations in UK
The power failure reportedly affected a communications centre in the region, including the control room and signals required to operate the railway safely.

Abuja
Nollywood veteran Steph-Nora Okere urges stakeholder collaboration to make Abuja film hub
“We have actors, but we don’t really have an industry. Everybody seems to be performing independently,” she said.

States
UNICEF, RUWASSA intensify cholera prevention efforts in Bauchi
UNICEF and RUWASSA are collaborating to strengthen cholera preparedness and response in Bauchi, with participants drawn from the state’s 20 local government areas.

NationWide
Ex-finance minister Kemi Adeosun loses husband
Mr Adeosun died on Wednesday, according to a statement by the family.

Africa
APRC backs Duke-Abiola’s UN secretary-general bid
The African Policy and Research Consortium (APRC) has thrown its weight behind Nigerian Akasoba Duke-Abiola for the office of the UN secretary-general.






