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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