by Kolapo Olapoju
As part of the intiatives to mark the centenary clebration, President Goodluck Jonathan will launch a specially designed commemorative
N100 banknote by the Central Bank of Nigeria (CBN) on Wednesday, 5 November.
According to a statement from the central bank, “the commemorative note is part of its contribution to the centenary celebration, which is in line with its mandate of issuing legal tender currency in Nigeria.”
The apex bank explained that the decision to design a new note is consistent with best global practices for central banks around the world during the celebration of national events, adding that the selection of the
N100 denomination was to mark the centenary celebration of Nigeria.
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.
Another prominent feature on the new note is the inscription of the theme of the centenary celebration: “One Nigeria, Great Promise” as a micro-text.
The CBN statement said, “The new note 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 wishes to emphasise that the commemorative note is for the purpose of the centenary celebration and will circulate alongside the existing
N100 note. Wednesday’s unveiling ceremony will be preceded by a brief presentation by the CBN Governor, Mr. Godwin Emefiele, detailing the aesthetic and security features of the note.”
In 2010, the Central Bank of Nigeria issued a commemorative
N50 polymer note to mark Nigeria’s 50th Independence anniversary celebration.