The President, Dr. Goodluck Ebele Jonathan, GCFR, formally unveiled the redesigned commemorative N100 banknote last week Wednesday, November 12, 2014, at the Council Chambers, State House, Abuja.
The commemorative banknote has been designed and produced with the most
advanced and security technology features with strong resistance to
counterfeiting. It is meant to be durable, attractive and reflect Nigeria’s
collective heritage and memory as a united nation.
The new banknote retains the portrait of the late sage, Chief Obafemi
Awolowo on the front and raised embossed line to assist visually impaired
persons in recognizing the face value. The back side incorporates Quick
Recognition Code (QRC) window, which encrypts significant information that
highlight Nigeria’s 100-year journey, thereby making it one of the best
smart-connected paper banknote using smart phones as identity and security tool
for de-encryption of information.
In a brief remark at the event, the Governor, Central Bank of Nigeria, Mr.
Godwin Emefiele, CON, stated that Central Banks across the globe issue new
banknotes mainly to replace or occasionally, to commemorate epochal events. He
noted that the new N100 banknote unveiled today is for the second reason - to
commemorate our 100 years as a single united nation.
Meanwhile, the new banknote will be issued to the public at a later
date in December 2014.
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