Monday , 21 August 2017
Breaking News
Home » Jonathan Unveils New N100 Note
subscribe

Jonathan Unveils New N100 Note

The new N100 centenary banknote was
formally presented to the Federal Executive
Council (FEC) meeting presided by President
Goodluck Jonathan at the State House on
Wednesday.

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.

Stressing that it was produced with the most
advanced technology in the world, he 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note has been replaced by Q.R. code and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.

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.

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 19th
December


LIKE Us on Facebook
Follow Us on Twitter
Join our BBM Channel

subscribe


subscribe

Leave a Reply

Your comment will be published soon.