President
Goodluck Jonathan will on Wednesday unveil the specially designed
commemorative N100 banknote by the Central Bank of Nigeria.
The CBN disclosed this in a statement on Monday in Abuja.
The
bank said the commemorative note was part of its contribution to the
centenary celebration and was in line with its mandate of issuing legal
tender currencies for the country.
The
statement read in part, “The choice of the N100 denomination is to mark
the centenary celebration of Nigeria and is consistent with best global
practices for central banks around the world during the celebration of
national events.
“Part
of the features of the commemorative banknote is the inscription of the
theme of the centenary celebration: ‘One Nigeria, Great Promise’ as a
micro-text.
“While
retaining the portrait of the late Chief Obafemi Awolowo on the front,
the new note features Nigerian traditional dancers at the back. The
commemorative note comes in different dominant colours.”
The
new note, according to the statement, is also designed to incorporate
additional security features for digital communication, protection
against counterfeiting, tolerance to the tropics and ease of recognition
of genuineness.
The
bank stated that the commemorative note was for the purpose of the
centenary celebration and would circulate alongside the existing N100
note.
It
will be recalled that the bank issued a commemorative N50 polymer note
to mark Nigeria’s 50th independence anniversary in 2010.
The N100 note bearing the portrait of Awolowo was first issued in December 1999.
Source: http://www.ereporter.com.ng/index.php/national-news/item/1047-president-jonathan-to-unveil-new-n100-bank-note
Source: http://www.ereporter.com.ng/index.php/national-news/item/1047-president-jonathan-to-unveil-new-n100-bank-note
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