Wednesday, 12 November 2014

Jonathan Unveils New ₦100 Centenary Note


President Jonathan unveils new ₦100, Commemorative Centenary banknote at the Villa

President Goodluck Jonathan of Nigeria on Wednesday, 12 November 2014 unveiled the new 100 centenary banknote to commemorate 100 years amalgamation of the northern and Southern protectorates in 1914.

The note was formally presented to the Federal Executive Council (FEC) meeting presided over by President Jonathan. The short ceremony, initially scheduled for last Wednesday was postponed till today because of the President’s journey to Burkina Faso.
Governor of the Central Bank of Nigeria (CBN), Godwin Emefuele, who presented the note, said that the note is to commemorate 100 years amalgamation of the northern and southern protectorates in 1914.
President Jonathan, with CBN Governor, unveils new ₦100, Commemorative Centenary banknote at the Villa, Abuja
He stressed that it was produced with the most advanced technology in the world, and said that the note retained the picture of late Chief Obafemi Awolowo on the front side.
He said that the new note has security features against counterfeiting and with special durability tolerance.
The Zuma Rock at the back of the current note has been replaced by Q.R. code and other pictures.

Specimen - New ₦100, Commemorative Centenary banknote/front.
Specimen- New ₦100, Commemorative Centenary banknote/back.

Speaking on the Q.R. code, the CBN governor said that with telephone set and iPad having QR code scanner and the application to be released by the bank, Nigerian will be able to scan and read historical facts about Nigeria.
The Minister of Finance, Dr. Ngozi Okonjo-Iweala who wondered  how much it will cost to print the notes, noted that the Q.R. code features will be useful for students to catch up with the history of Nigeria.
President Jonathan unveils the new ₦100, Commemorative Centenary banknote at the Villa.
From the leaflets circulated showed various programmes leading to issuance of the note to Nigerians. While the launch of the partnership programme aimed at banknote equipment manufacturers and other machine suppliers will hold next Wednesday, the new notes will be issued into circulation on Friday, December 19, 2014.

Photo: ©State House Abuja

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