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» »Unlabelled » President Jonathan To Unveil N100 centenary note on Wednesday

President Goodluck Jonathan will on Wednesday
unveil the specially designed commemorative N100
banknote by the Central Bank of Nigeria.
A statement by the apex bank on Monday in Abuja
confirmed the development.
It said the commemorative note was part of the CBN’s
contribution to the Centenary celebration, which is in
line with its mandate of issuing legal tender
currency in Nigeria.
It reads 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 PUNCH

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