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| Hundred Naira Centenary Note |
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 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.
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.
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