Jonathan unveils N100 New Note
Wednesday formally unveiled the new
N100 commemorative notes at the
Presidential Villa, Abuja.
The short ceremony which was
initially scheduled for last Wednesday
did not hold then because of the
President's journey to Burkina Faso.
Vice President Namadi Sambo and
the Central Bank of Nigeria's
Governor, Godwin Emefiele, joined
the President to unveil the note
during the weekly Federal Executive
Council meeting.
Shortly after presenting the note,
Emefiele said it was issued to
commemorate the 100 years of the
nation's amalgamation.
He listed some countries that had
before now issued currencies to mark
epochal events to include Morocco,
Russia and Costa Rica among others.
Credit: Lekan Adetayo
He said the new note was produced
with what he described as most
advanced security features in the
world.
Emefiele listed the design platforms
on which the note was made to
include security, durability,
attractiveness, cultural heritage and
transformation.
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.
Minister of Finance, Dr. Ngozi Okonjo-
Iweala, also commended the CBN for
coming up with the notes.
She specifically lauded 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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