President Goodluck Jonathan will on Wednesday unveil the specially
designed commemorative N100 banknote by the Central Bank of Nigeria.
The CBN disclosed this in a statement on Monday in Abuja.
The bank said the commemorative note was part of its contribution to
the centenary celebration and was in line with its mandate of issuing
legal tender currencies for the country.
The statement read in part, "The choice of the N100 denomination is to
mark the centenary celebration of Nigeria and is consistent with best
global practices for central banks around the world during the
celebration of national events.
"Part of the features of the commemorative banknote is the inscription
of the theme of the centenary celebration: 'One Nigeria, Great
Promise' as a micro-text.
"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."
The new note, according to the statement, 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 stated that the commemorative note was for the purpose of the
centenary celebration and would circulate alongside the existing N100
note.
It will be recalled that the bank issued a commemorative N50 polymer
note to mark Nigeria's 50th independence anniversary in 2010.
The N100 note bearing the portrait of Awolowo was first issued in December 1999.
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