Another discrepancy in official versions lies in the date of the declaration whereby Nigerian notes were no longer to be legal tender. If this is intended to imitate a Morse code thread, then one can only wonder what the Morse characters are meant to spell. To have a better understanding about biafran currency notes, you can visit Mintage World and explore the world of currency notes. 1 - ONE POUND - 1. Has a politician, a business or union leader, a health association or environmental group said something that you suspect is untrue or misleading and that should be challenged? 22. If the content contained herein violates any of your rights, including those of copyright, and/or violates any the above mentioned factors, you are requested to immediately notify us using via the following email address operanews-external(at)opera.com and/or report the article using the available reporting functionality built into our Platform. 1967 P 2 Circulated Banknote ERROR, SB48 BANK OF BIAFRA 1 POUND BANKNOTE 1967 VERY FINE P.2a $25.00, Biafra 1 Pound ND. Consequently there were three currencies circulating in Nigeria new Nigerian notes in the West and North, Biafran notes in the areas controlled by the rebels and old Nigerian notes in those areas of the East which had been liberated by the Nigerians. One of the more intriguing aspects of the first issue is the dotted line which runs through the right hand side on the front of the notes. BanknoteBuys.com; Compass Collectables . Nothing false about it,its merely voter education to guide o okay , thanks for the cross checking , i will verify my info okay , thanks for the cross checking , i verify my informati Hello FACEBOOK, this is not false information. We have also posted below an interesting write-up of the history of the Biafra War of 1967-1970 using Biafra Currency as the thread. Pick Publishing Corporation (1971) Picks Currency Year Book 1970, New York. Modern issues 1961-present (25 th . Despite the advance warnings given by Lagos, and the dubious manner in which the Biafrans were raising revenue with Nigerian currency, the Biafran Government looked upon the Nigerian announcement as ! Falana gives CBN seven-day ultimatum, demands details of new naira notes distribution Bayelsa governor urges calm over cash crunch CSOs asks Buhari to uphold rule of law El-Rufai has advanced on his treasonable trajectory, says Osuntokun Ahead of tomorrow's Supreme Court sitting on the suit filed by governors against the Central [] What is the cost of converting to local currency? The 10-pound note has a male carver depicted on its back, as well as having the coat of arms in a white disc to the left. Adaobi Tricia Nwaubani Spiralling violence in southeast Nigeria stirs memories of civil war. However the Alo makes its reappearance on the back of the 5-pound note, this time having a white disc with the coat of arms laying over its shaft. This issue consisted of three values honoring Biafran . Having alienated the Ibos, the future of a united Nigeria was looking slim, particularly as those in the Eastern Region refused to recognise the legitimacy of the new government. It goes to prove the point: Biafra is really here to stay. Within a matter of weeks of Nigerias announcement of their new note issue, an answering announcement was made by the Biafrans. -catalogue-33.html) References: P# 6 . Besides the US, 22 other countries use different forms of the dollar currency, including Australia and Canada. The war ended 50 years ago on 15th January 1970 when Ojukwu fled the country. Equipment had to be bought quickly, and (of course) had to be paid for. The Times newspaper London, United Kingdom, (The references in brackets refer to the page number and column location of the relevant article. New currency was introduced. Above the shield is an eagle clutching a tusk or horn, and representations of the eagle appeared on a number of Biafran coins. UNCIRCULATED. GOVERNOR - DIRECTOR The official exchange rate at the beginning of 1968 was one Nigerian pound to one pound three shillings and four pence sterling making the Rothschild offer approximately half its real value.) Many impatient people surrendered their Biafran notes to speculators who were purchasing them at fifty Biafran pounds to one Nigerian pound. Auction 109. But, they have zero influence over the activities of Biafrans overseas; these Biafrans put on a successful worldwide demonstration (WWD) at the close of the month of May 2005 during which they sensitized the rest of the world--from Canada to South Africa, Austria to Gabon, and from Ireland to Ukraine to the case for Biafra, pressing for the support of self-determination as a natural and moral right, and as a right ratified by UN Charter. These undelivered notes were sold into the collector market once they became unusable, and were sold in such numbers that the market became flooded. Rumours as to what value the Central Bank of Nigeria would place on the Biafran notes became widespread, with many believing one rumour that twenty Biafran pounds would be given the value of one Nigerian pound. In contrast, the so-called leaders of Nigeria, including General Obasanjo, the president, whose affluent ways and self-serving power displays depend on Nigeria being seen as virile and together, vigorously deny that there is any problem with Nigeria. Although the Central Bank of Nigeria had declared that the old Nigerian currency would no longer be exchanged after 22 January 1968, the trade in old Nigerian bank notes continued well into 1968. Following the end of the war, federal sources claimed that they had found evidence of the Biafrans asking the relief agencies to pay landing fees (in foreign exchange), for the use of their air-strips. Nigeria had quickly become aware of the movement of currency from Biafra to Europe and its conversion into foreign exchange. (After independence, a fourth region the Mid-west was created.) To the left! Another external source of revenue that was rumoured to have come to the Biafrans, was an advance of six million pounds against the promise of mineral rights. By Johnniepen (self media writer) | 1 year ago, Rumors have been circulating that the Biafran Pound is now being accepted in Italy since yesterday. It is also known that one of Ojukwus financial advisers was based in Switzerland at the end of the war. As has been illustrated above, the Bank of Biafra Decree explicitly adopts Nigerian currency as the circulating medium for Biafra, and the Biafrans had seemed quite willing to maintain this currency for as long as they could. The current regional distribution of 36 states was approved in 1996. . Biafra Gorgeous Crisp UNC Bill Note Currency, 1 Pound, BIAFRA NIGERIA 5 10 SHILLINGS 1 5 10 POUNDS 3 4 5 6 7 1968-1969 UNC COMPLETE SET, Great Historic Banknotes BIAFRA 1 POUND 1968-1969 P-5 UNC Lucky # DS0046555. The Annual Meetings of the Boards of Governors of the World Bank Group (WBG) and the International Monetary Fund (IMF) bring together central bankers, ministers of finance and development, private sector executives, representatives from civil society organizations and academics to discuss issues of global concern, including the world economic outlook, poverty eradication, economic development . By far the most important strategy of the Biafrans in their quest for foreign exchange, was the conversion of their holdings of Nigerian currency. It appears that the authorities in Lagos would not release the new Nigerian bank notes in those areas of the Eastern Region which had been liberated from the Biafran rebels, for fear that a bank full off the new notes may be captured in a counter-offensive. Meanwhile, the popularity of the originally planned Sovereign National Conference (SNC) of Ethnic Nations living in Nigeria (which Obasanjo tried now to preempt after initially and all along vigorously and unsuccessfully opposing) is rising. 28.00 Current Monetary Policy Rate (%) 8.0 2 Inflation Target (%) 53.6 Current inflation rate (%) 32.7472 Although Nigeria was held up by the Western World as a model of the democratic process in Africa, this was far from the truth. It ranges from 0 to 100, 0 meaning a very common coin or banknote and 100 meaning a rare coin or banknote among Numista members. For the first series, there are only two known serial number prefixes, while for the second series there are four prefixes. However, at the end of the conflict it was estimated that between 115 and 140 million in Biafran currency was in circulation, indicating that a large proportion of the currency was delivered into circulation. (Titled men are part of traditional societies or brotherhoods.). In addition to the notes that circulated in Biafra, and those which were dumped into the sea (first series), there were also thousands of undelivered notes that survived the war. REPUBLIC OF BIAFRA The Biafran pound has no value and should not be compared to the Nigerian naira. This index is based on the data of Numista members collections. 1 Pound P5a. Dubawa has also contacted the claimant several times with no response so far. However in the case of the individual no more than 10 of the 30 could be made up with Biafran notes and in the case of the commercial enterprises the limit was 100. In 1967, following two coups and turmoil which led to about a million Igbos returning to the south-east of Nigeria, the Republic of Biafra seceded with 33-year-old military officer Emeka Odumegwu. flying from Lisbon when he dumped the cargo of Biafran notes at sea. Two days earlier an aeroplane carrying 7 million of Nigerian currency was seized at Lom in Togo. 2x Biafra Banknote 1 Pound 1968 ND P 5a *UNC* Consecutive Serial #s ! As a result, Dubawa embarked on scrutinizing the claim. FIVE POUNDS - 5 $80.00 0 bids $5.25 shipping Ended China 1960s Banknotes $30.00 1 bid $5.00 shipping 1d 12h China 2 Jiao 1980 scarce unc $1.00 1 bid $5.00 shipping 6d 6h On the other hand, the retention of Nigerian currency may simply have been to provide a recognised circulating medium, and to provide some legitimacy to Biafras use of Nigerian currency in purchasing foreign exchange. Biafra digital currency is coming to save the situation ASAP but for now, follow the instructions. The information reaching our desk this afternoon, from Biafran blogger Eze Ndukwe . ether they were brought back to Lagos by Nigerian soldiers, or by speculators in Nigerian currency who may have bought them at a discount from the Biafrans. The blockades imposed on Biafra by Nigeria and her allies started to take their toll, and it would seem that the loss of the of bank notes through Hank Whartons treachery was one of the more telling blows. Yes my grand parents and my Ikwuano people called it Ojomma and not Ejemma. The Latest news in Nigeria and world news. The production of our currency notes could not be of the highest quality. (Ojukwu, 1969). The Euro currency () is used by 19 of the 27 EU member states, making it one of the currencies used by most countries. This is a Currency Gallery page and some, most or even all of the banknotes displayed above on this page may not be available to purchase or to photograph. BANK OF BIAFRA When Biafra gained its independence, the Biafran Pound became the independent sovereign states currency with the introduction of the first banknote denominations of 5 shillings and1 pound on January 29, 1968. It is early June 2005. Called the " sand dollar ," it will increase financial inclusion for inhabitants spread out across the country's 700 islands, where banking services such as cash machines are not always available. Not only was Nigeria taking steps to halt the flow of currency from Biafra, steps were also being taken to introduce a new series of bank notes which would be unavailable to the Biafrans. Realising that their activities had led to a greatly reduced amount of money in circulation, the Biafrans prepared to replace the Nigerian currency, with this endeavour resulting in the first Biafran note issue. Consecutive pair. The notes of the second series are printed on non-fluorescing paper embedded with red and blue fibres. Prefixes, while for the second series there are only two known serial number prefixes, for. As a result, dubawa embarked on scrutinizing the claim value and should be.: Biafra is really here to stay series, there are four prefixes approved in 1996. my Ikwuano called. 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