President
Goodluck Jonathan has formally unveiled the new N100 commemorative
notes at the Presidential Villa, Abuja. The ceremony was initially to
take place on Wednesday last week but was postponed due to the
president's visit to Burkina Faso.
Joining Mr. President to unveil the note was Vice President, Namadi Sambo and the Central bank Governor, Godwin Emefiele during the Federal Executive Council meeting.
Emefiele said it was issued to commemorate the 100 years of the nation’s amalgamation also listing some countries that had before now issued currencies to mark epochal events to include Morocco, Russia and Costa Rica among others. He added that the new notes were produced with advanced security features listing the design platforms, the note was made to include security, durability, attractiveness, cultural heritage and transfromation.
Jonathan lauded the CBN for coming up with the commemorative note, though it was coming a bit late since activities marking the nation’s centenary had been concluded. He recalled that commemorative N50 notes were also introduced to mark the nation’s 50th independence anniversary.
Dr. Ngozi Okonjo-Iweala, Minister of Finance also commended the CBN for coming up with the notes specifically lauding the QRC feature on the back of the note.
The code, if scanned with smart phones, leads users to a website where the nation’s history could be accessed. The minister also raised questions on the amount the CBN will use to print the new notes and whether it would be done locally.
Jonathan however said the questions would be answered when a memorandum on the issue is presented to the council.
- See more at: http://aitonline.tv/post-president_jonathan_unveils_n100_commemorative_notes#sthash.wF6omnMU.dpuf
Joining Mr. President to unveil the note was Vice President, Namadi Sambo and the Central bank Governor, Godwin Emefiele during the Federal Executive Council meeting.
Emefiele said it was issued to commemorate the 100 years of the nation’s amalgamation also listing some countries that had before now issued currencies to mark epochal events to include Morocco, Russia and Costa Rica among others. He added that the new notes were produced with advanced security features listing the design platforms, the note was made to include security, durability, attractiveness, cultural heritage and transfromation.
Jonathan lauded the CBN for coming up with the commemorative note, though it was coming a bit late since activities marking the nation’s centenary had been concluded. He recalled that commemorative N50 notes were also introduced to mark the nation’s 50th independence anniversary.
Dr. Ngozi Okonjo-Iweala, Minister of Finance also commended the CBN for coming up with the notes specifically lauding the QRC feature on the back of the note.
The code, if scanned with smart phones, leads users to a website where the nation’s history could be accessed. The minister also raised questions on the amount the CBN will use to print the new notes and whether it would be done locally.
Jonathan however said the questions would be answered when a memorandum on the issue is presented to the council.
- See more at: http://aitonline.tv/post-president_jonathan_unveils_n100_commemorative_notes#sthash.wF6omnMU.dpuf
President Goodluck Jonathan has formally unveiled the new N100 commemorative notes at the Presidential Villa, Abuja. The ceremony was initially to take place on Wednesday last week but was postponed due to the president's visit to Burkina Faso.
Joining Mr. President to unveil the note was Vice President, Namadi Sambo and the Central bank Governor, Godwin Emefiele during the Federal Executive Council meeting.
Emefiele said it was issued to commemorate the 100 years
of the nation’s amalgamation also listing some countries that had before now
issued currencies to mark epochal events to include Morocco, Russia and Costa
Rica among others. He added that the new notes were produced with advanced
security features listing the design platforms, the note was made to include
security, durability, attractiveness, cultural heritage and transfromation.
Jonathan lauded the CBN for coming up with the
commemorative note, though it was coming a bit late since activities marking
the nation’s centenary had been concluded. He recalled that commemorative N50
notes were also introduced to mark the nation’s 50th independence anniversary.
Dr. Ngozi Okonjo-Iweala, Minister of Finance also
commended the CBN for coming up with the notes specifically lauding the QRC
feature on the back of the note.
The code, if scanned with smart phones, leads users to a
website where the nation’s history could be accessed. The minister also raised
questions on the amount the CBN will use to print the new notes and whether it
would be done locally.
Jonathan however said the questions would be answered
when a memorandum on the issue is presented to the council.
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