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President Goodluck Jonathan on 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.
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.
The Punch
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