When the federal government offered to appease those in the east, their efforts were rejected, and although a lot of effort was made in trying to bring about a reconciliation, it appeared that those in the east were not willing to come to a compromise. In his Diary of Events for 1 September 1968, Gen. Ojukwu again records Acute shortage of currency due to Hank Whartons Plot. In the Biafran towns and cities the shortage of money was one of the many problems people faced. The coat of arms used by Biafra was derived from the coat of arms granted to the Eastern Region of Nigeria in 1960. Realising that the currency was unlikely to be accepted outside Biafra, Dr. Okigbo also stated that the lack of international acceptance and an according exchange rate was immaterial since the currency was intended only for circulation in Biafra. Steiner, Rolf (1978) The Last Adventurer, Little, Brown and Company, Boston. The Facebook page posted a video of an Igbo man counting Biafran Pounds and handing them over to another Igbo man as they laughed and admired the currency. See More, Opera News is a free to use platform and the views and opinions expressed herein are solely those of the author and do not represent, reflect or express the views of Opera News. News ), Opera News is a free to use platform and the views and opinions expressed herein are solely those of the author and do not represent, reflect or express the views of Opera News. Above the shield is an eagle clutching a tusk or horn, and representations of the eagle appeared on a number of Biafran coins. TT PK 5b 1968-69 BIAFRA 1 POUND PMG 65 EPQ GEM WITHOUT SERIAL NUMBERS! Cargoes of arms and ammunition bought by Biafra are dumped into the sea during airflight. 1. WASHINGTON, April 30, 2020 - The World Bank today approved $21.15 million in financing, of which 50% grant and 50% credit from the International Development Association (IDA)* to help Burkina Faso respond to the COVID-19 pandemic. During the war, a number of international relief agencies were delivering food and medicine to the war-ravaged Republic. 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 ! In the Eastern Region, from the time of the massacres, there arose a strong movement amongst the Ibos to break away from the federation. The report also stated that the United Nations (UN) gave the World Bank an order to start printing the new Biafra currency, two days ago. Browse By Material; Browse By Set/Series Name; Browse By Currency; Related Sites. Also, this is not the first time Dubawa confirmed news from this same claimant to be false. Consecutive pair. @WorldBankECA. No fatality recorded from Bo Stadium incident, No, Atiku did not get 25% in all 24 states, President Muhammadu Buhari did not approve President Obasanjos request for election cancellation, Peter Obi won four area councils NOT six in Abuja, False! Power was being concentrated in the hands of a few factions in each region, and nationally there was a great deal of political jockeying between the major ethnic groups particularly the northern Hausa against the southern Yoruba and Ibo. The Governor of the Bank seems to have been Sylvester U. Uqoh (as deciphered from the signature on the Biafran bank notes), but the identity of any directors remains a mystery. Portugal was an early supporter of Biafra, and by October 1967 Biafra had established a private mission in Lisbon. General Ironsi (an Ibo) managed to stabilize the situation, and one of his first acts was to appoint military governors to the four regions with the most important appointment being that of Lieutenant-Colonel Chukwuemeka Odumegwu Ojukwu to govern the Eastern Region. The Republic of Biafra existed between 1967 and 1970 before it surrendered to the Federal Military Government of Nigeria. ces had taken with them some two million pounds in Nigerian currency, taken from bank vaults in Benin. Akpan, Ntieyong U. The primary sources presented here are almost exclusively items that were published or stated during the 1966-1970 period. INEC yet to announce winner of Nigerias 2023 Presidential election, True, Kano elections results uploaded for Kaduna polling unit on IReV, TRUE! The preparation of Biafra Independence on October 12 is in progress. Reports exist that the Biafran government approached the Rothschild Bank either shortly after the outbreak of war, or at least by the end of 1967 in an effort to transform their holdings of Nigerian currency. While the coup was unsuccessful, it resulted in the deaths of the Prime Minister of Nigeria, the Premiers of the Northern and Western Regions, the federal Minister of Finance, and a number of senior army officers. Intermittent reports continued to appear in the international press in late 1967 and early 1968 of foreign nationals attempting to smuggle Nigerian currency into Nigeria. It appeared on their flag, their coins and bank notes, on military insignia, and it gave rise to the title of their national anthem, Land of the Rising Sun. Under this decree the functions of the bank were established: The Bank shall carry out all the central banking functions in the Republic including the administration of foreign exchange and the management of the public debt of the Republic.. It appeared that the Eastern Region was forcing the hand of the central government so in an effort to coerce them back under federal control, Lagos began to impose an economic blockade. When the Nigerians announced that they would no longer redeem bank notes exported from Nigeria after August 1967, the Biafrans worked quickly to gather bank notes remaining in circulation so that they could be converted into precious foreign exchange. Easterners holding Biafran Pounds, the currency adopted by the region when it declared . I shall send to the conference, when the time comes, economic experts who will advise on detailed arrangements with a view to safeguarding our future in this respect. (Akpan, 1972), It is most likely that when the time came to organise the first issue of Biafran notes, Ojukwu played a significant role. Get the latest news, updates, and video from around the globe. Prior to the war, Ojukwu had expressed the desire for a loose association of states which would include the Nigerian regions (as separate states) and its neighbours such as Togo and Dahomey (Benin). It was in this statement that Dr. Okigbo said that the Biafrans had collected 53 million in the three weeks since Nigerias announcement that the notes would no longer be legal tender after 22 January. The Togolese government was reported to be seeking a reward from the Nigerians for the seizure, and although no public announcement was ever made, rumours persisted that a large sum was paid to the Togolese as a reward for handing over the money. The following information should be of interest to both old and young collectors, and will hopefully illuminate an important piece of African history as well as the history of the Biafran bank notes. The information reaching our desk this afternoon, from Biafran blogger Eze Ndukwe . WB Budget - All Funds presents the approved World Bank Budget and External Funds (reimbursables and Bank-Executed Trust Funds). Essentially, most of the institutions required for running the new republic existed as part of the Nigerian governments administration for the Eastern region. Is there a claim that you would like us to investigate? At the end of the civil war there was a critical shortage of the new Nigerian currency, which retarded efforts to replace the currency in circulation in the east. ), 1968 January 16 (17:7); May 2 (3:7); September 8 (Section 2, 40:5). WEAVING. The New York Times newspaper New York, U.S.A. (The references in brackets refer to the page and column number of the relevant article. five shillings. the 5-shilling note repeats Bank of Biafra Five Shillings. Keesings Publications Limited Keesings Contemporary Archives Volume No.XVI 1967-1968 London. Standard Catalog of World Paper Money. Tracy L. Schmidt (editor); 2019. The massacres, not surprisingly, created much fear amongst the Ibos living outside the Eastern Region, and in the weeks following the massacres (September 1966) some two million Ibos gave up their homes and businesses to seek refuge in their eastern homelands. Long Reads. View cart for details. During the war Biafra reported terrific atrocities by the Nigerians against her people, and reports of starvation which cost hundreds of thousands of Biafran lives became widespread. The underaged Dis you guys know also that labor and some other party stage Joseph Nyumah Boakai deciding to support Alexander Cummings after retirement, False! Paragraph 8 of the decree states: Currency notes and coins of the Federal Republic of Nigeria shall remain legal tender in the Republic of Biafra until such further day as the Military Governor may specify., The Bank shall maintain existing parity of the Nigerian pound.. Standard Catalog of World Paper Money. Nigeria is writhing her way through the throes of imminent collapse. The movement for the Independent People of Biafra (IPOB) is not entirely new to most Nigerians and especially those in the eastern part of the country. 22. Predominant colour: Purple. Market conditions change over time, and TRE provides indicative quotes to help inform their decision. . Records of the introduction of Biafran currency, which might confirm the dates in question, are few and far between. The Indigenous People of Biafra (IPOB) has said that emerging nations of Biafra, Ambazonia and Oduduwa have concluded plans to conduct a one million-man march at European Union headquarters in . CNN values your feedback 1. Several years later, in 1963, Nigeria became a republic, but it was being plagued by power struggles; and, like so many modern African nations, these power struggles centred around ethnic groups. Einzig, Paul (1949) Primitive Money, Eyre & Spottiswoode, London. 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 The war continued for two and a half years, with Biafra finally capitulating on 15 January 1970. Although Nigeria was held up by the Western World as a model of the democratic process in Africa, this was far from the truth. 3 of 1967 (also known as the Bank of Biafra Decree, 1967). Biafra 1968. Information about the claim has not appeared in any of the mainstream media. Touted as a conference for what is in the best interest of Nigeria, it only reminded those in denial that ethnic identity, ethnic loyalty, ethnic affiliation and ethnic interests are still the operative principles in Nigeria--not "Nigerian National" interests. 5 The flag of the former Republic of Biafra is a horizontal tricolour of red, black, and green, with a golden rising sun over a golden bar in the middle. Given this atmosphere, one could imagine what a shock and a blow it was to Obasanjo that lo and behold, the Biafran currency is still in circulation in parts of some West African countries, and by one account, in a community in New York also. The banknotes have various back designs. In his Diary of Events Gen. Ojukwu makes the following entry: August 13 [1968]: The Hank Wharton Plot, hatched by British government and American CIA to sabotage Biafra and help Nigeria to carry through her final thrust into Biafran heartland. In the old map many natural Biafran geographies were excluded such as Biafra lands on the west bank of the Niger. Our main objective is to make sure we minimise lose of money. The postage stamps were reportedly released on 5 February 1968 (which varies by a week from the date announced by Ojukwu of 29 January) and it would not be difficult to conjecture that the postage stamps and the bank notes were printed by the same printer for release at the same time. Lettering: On the back of the 5-shilling note is a picture of four Ibo girls, and surrounding the value of the note to the left is a manilla. Any/all written content and images displayed are provided by the blogger/author, appear herein as submitted by the blogger/author and are unedited by Opera News. Also on the back of the 5-pound note is a picture of a woman weaving on a hand loom. Besides the US, 22 other countries use different forms of the dollar currency, including Australia and Canada. A/O & A/P20 million, 1A/A to A/D40 million. Calls to replace it have failed because it is the world's most widely traded currency. End of February Sale Get 15% Off with Promo Code: FEB15. The Republic of Biafra was formerly declared a sovereign nation in 1966 by Chukwuemeka Odumegwu Ojukwu (Military Governor of Eastern Nigeria). The Latest news in Nigeria and world news. Many impatient people surrendered their Biafran notes to speculators who were purchasing them at fifty Biafran pounds to one Nigerian pound. The name given to the new state was The Republic of Biafra, the republic taking its name from the Bight of Biafra, on which it had its coast. This isn't the first time IPOB has spread incorrect information about Biafran currency. To the left! World Bank-approved administrative boundaries (Admin 0) (and polygons . The pound (symbol ) was the currency of the breakaway Republic of Biafra between 1968 and 1970.. It is early June 2005. The machinations of the various political elements caused Nigeria to lurch from one political crisis to another in the early years of nationhood. In addition, Biafra was reported to have bought many of its armaments in Geneva and Lisbon reinforcing the probability that one or both of these cities may have provided printing presses for the notes. A report by the Pointer News that claims the World Bank is set to establish the Central Bank of Biafra has been shared over 500 times on Facebook. Back. Frequencies show the percentage of Numista users who own each year or variety among all the users who own this banknote. Unissued copies of ten year bonds for the value of one thousand pounds, dated 15 June 1969 and offered through the London agents of the Republic of Biafra, are extant and show that this method of financing was attempted although it is not known how many bonds were actually issued. This prediction is now right on the mark: when Obasanjo gets the Conference report, he can do anything with it and to it. Naira was Officially introduced in 1973 meaning 13 years after Nigeria independent, they were also using British currency and passports. 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. While the Biafrans seem to have rejected this offer, it is likely that some conversion did take place (though not necessarily through Rothschild) as Gen. Ojukwu stated in February 1969: We have been fighting the war with Nigerian foreign exchange, plus of course, what we converted or what we acquired earlier on. (Ojukwu, 1969), The reference to what we acquired earlier on, possibly refers to a windfall to the Biafrans in 1967. (After independence, a fourth region the Mid-west was created.) This issue consisted of three values honoring Biafran . More products for this category are coming soon! 1 pound (B102a, P2) Worth: $2.50 - $10.00. Catalog Detail. #abp #abpmajha #marathinews #teachersconstituency #vidhanparishadresult #satyajeettambe #shubhangipatil #mlcelectionresult Teachers and Graduate Constituency Elections Nigeria is one of the most multicultural states in the world, with over 500 languages being spoken. No member from this site currently wants to exchange it. Currency itself seems to have been a subject close to Ojukwu (or one of his advisers), as we find the following clause in instructions sent to the delegates of the Eastern Region who were negotiating with Nigeria prior to secession. her currency by more than 80 per cent. The sale of undelivered notes included remainders as well as notes in issued form. A video on this YouTube channel 'Biafra Generation' claims that the world bank has approved the Biafran currency (what they termed as the Ejemme). Whatever the exact date of issue, the quote above does show that, following Nigerias announcement of their new note issue, Biafra continued to collect as many Nigerian notes as possible before the notes could no longer be redeemed. PEACE - UNITY - FREEDOM The total value of each series printed, based on the numbers extrapolated above, was 50 million for the first issue and 148.5 million for the second issue, making a total of 198.5 million. By Johnniepen (self media writer) | 1 year ago, Rumors have been circulating that the Biafran Pound is now being accepted in Italy since yesterday. C $4.02. fty thousand. (1972) The Struggle for Secession, 1966-1970, Frank Cass, London. 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. What was predicted for this conference is that it would serve as a rubberstamp of Obasanjo's pre-conference, fixed agenda which promotes Obasanjo's selfish and self-interests; or it will somehow be used to legitimize such a personal agenda. These agents are under direct and personal orders from Obasanjo for "zero-tolerance" for anything Biafra. . Promise to pay on Demand the sum of 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. BANK OF BIAFRA FY18 budget includes certain non-salary staff costs in program budgets that up to FY17 were included in Centrally Managed Accounts & Miscellaneous Programs. The 1968 Biafran bank note issue was not only an emergency issue, it also faced the trials and tribulations of the country it was serving many of the notes not making it to Biafra. This declaration led to the Nigerian Civil War. WASHINGTON, March 16, 2022 In an effort to help accelerate Kenya's ongoing inclusive and resilient recovery from the COVID-19 crisis, the World Bank has approved a $750 million Development Policy Operation (DPO) that will help strengthen fiscal sustainability through reforms that contribute to greater transparency and the fight against The Biafran pound has no value and should not be compared to the Nigerian naira. The Burkina Faso COVID-19 Preparedness and Response Project will strengthen the public health systems' capacity to prevent, detect, and respond to the pandemic. Pls let Mazi know about it. Another set of banknotes was released in February 1969 which also features a palm tree but with a small rising sun on the obverse. Palm tree in centre with sunset behind, all with decorate circles containing words. World. By the time the notes were introduced in 1969, the country controlled by the Biafran forces had been reduced to a circular area approximately 85 miles across (roughly 5,000 square miles) and all consumables had long been sold. Since some users own several versions, the sum may be greater than 100%. The chance of the euro becoming a world currency was damaged by . Of course the shortage of money was not due simply to the loss of the notes carried by Whartons plane, it was due mainly to the near-total withdrawal of Nigerian notes without the Biafran substitute being available. 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. The notes are signed by the Governor and a Director of the Bank of Biafra. Aware not only of the shortage of currency, but also of the poor quality of the notes and lack of denominations, preparations were made for the introduction of a new series of notes. Beresiner and Narbeth (in The Story of Paper Money) claim that the notes were printed in Portugal and Switzerland, and this seems to be a reasonable proposition. When many Ibos decided to forsake their homes and businesses, and flee the violence in various parts of Nigeria to return to their homelands, it was Lieut.-Col. Ojukwu who advised them to return to their homes and businesses, assuring them that peace would be returned under the new government. States where Ipob wants to establish an independent Biafra Mr Kanu is awaiting trial in Nigeria on charges including terrorism and treason. 1 Pound P5a. The war ended 50 years ago on 15th January 1970 when Ojukwu fled the country. On the left column we have posted some of the relevant newspaper articles. Nearly all bank notes are printed on paper which does not fluoresce under ultra-violet light, and the use of fluorescing paper for these notes points very much to it being an emergency issue. Top Rated Seller Top Rated Seller. Also with the latest banking policy that everyone must deposit their money before 30.1.2022 it is important to note the above instructions & put them into action MASSOB property is brazenly breached and destroyed by the these brutal operatives. However, Nigeria saw the Biafrans as rebels who were seizing control of the Eastern Region, and determined that force was necessary to bring the recalcitrant state back under the control of the central government. Lettering: REPUBLIC OF BIAFRA BANK OF BIAFRA Promise to pay on Demand the sum of . Please browse the results of our past auctions using the navigation tools above. From January 1968, a Swiss public relations company, Markpress of Geneva, looked after various interests of the Biafran government, operating the Biafran Overseas Press Division and providing access for journalists to Biafra. He left for exile in Ivory Coast and spent many years in the . (Note: The Pointer News has published several questionable reports, many of them pro-Biafra. The men can be heard speaking in Igbo language and chanting "All hail Biafra" in the video, which has received over 1000 shares on Facebook. The Central Bank began recalling the Biafran currency and the old Nigerian currency in the war-torn region but, because of the shortage of new Nigerian notes, only receipts were issued to those who surrendered the notes; although during this period of recall it was unclear what rate of exchange would be made for the Biafran notes. Despite Ojukwus official speech on 27 January and an announcement to the international press on 30 January on the introduction of the new bank notes, there is some lingering doubt as to the official versions of events (which can sometimes be misleading, especially when recorded some time after the events). Dubawa has also contacted the claimant several times with no response so far. One of the more interesting assets of the Central Bank that was specifically seized was its currency. Unfortunately he was later to suffer a problem far removed from the over-issue he suspected Nigeria of planning he was to face empty bank vaults and the lack of a circulating medium. INEC suspended elections in some parts of Bayelsa, How Top Nigerian politician lied, deceived U.S. court. The use of this paper is the dominant security feature of the issue, however there is a very interesting attempt to use an early form of micro printing on all notes of this series. It is believed that the Northern Region undertook the coup with the main aim of secession, however British diplomats in Lagos (the Nigerian capital) convinced the new leaders that they should seek unity under one Nigeria. False! By far the most important strategy of the Biafrans in their quest for foreign exchange, was the conversion of their holdings of Nigerian currency. See Details. 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. There are a number of ethnic groups in Nigeria with no group being a clear majority, however the Northern region was dominated by the Hausa, the Western by the Yoruba, and the Eastern by the Ibo (or Igbo). The new currency went public on 28 January 1968, and the Nigerian pound was not accepted as an exchange unit. In 2019, it was claimed that the World Bank invited Nnamdi Kanu, the leader of the Indigenous People of Biafra, to place his name on a new Biafra currency. "Chima Nwagu, the founder and Chief Editor of Biafra . Focus on private sector and workers spearheaded by IFC to mitigate financial and economic impact of crisis. While peace and order were steadily re-established by the Military Government, the stability was being undermined by the desire of the Northern Region to secede from the Federation. 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. However Enugu was one of the first casualties of the war, and the administrative centre of Biafra was moved to several locations (including Aba, Umuahia and Orlu) during the course of the war. 28.00 Current Monetary Policy Rate (%) 8.0 2 Inflation Target (%) 53.6 Current inflation rate (%) 32.7472 It is not known whether the sets were sold at the behest of the Biafrans, or by their agents in an effort to recoup unpaid costs. 5 The shield contains the rising sun, plus three manillas linked together over an area divided into three parts, which are properly coloured red, black, and green. The known prefixes and the number of notes issued is summarized as follows: 5s. Forsyth, Frederick (1977) The Making of an African Legend: The Biafra Story, Penguin Books Ltd, Harmondsworth. The currency of the breakaway Republic of Biafra between 1968 and 1970 was Biafran pound. Only several countries recognised Biafra during its secession Tanzania, Zambia, Gabon, the Ivory Coast, and Haiti while a number of other governments expressed support for the Biafrans, amongst these being the French, Rhodesian, South African, and Portuguese. 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. Refine Results . 5 - 5 Manillas are a type of primitive money that were in use in Nigeria for hundreds of years. It is regarded as a sceptre of power and authority, being carried by Ozo titled men, and as well as its symbolic importance it was also used as a weapon when necessary. of over 40% their face value. China became the world's first major economy to pilot a digital currency in April 2020. Don't fall for cheap lies. 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. Security printers usually use paper, particularly paper with high linen and cotton content, which is not treated in such a manner.). The first stamps of Biafra were issued on 5 February 1968. BANK OF BIAFRA . The secession was due to cultural, ethnic, and economic conflicts among the various citizens in Nigeria. Russia's invasion of #Ukraine has had a devastating impact, with billions of dollars in damaged infrastructure and 8 million more Ukrainians living in poverty in 2022. Equipment had to be bought quickly, and (of course) had to be paid for. Biafra, officially the Republic of Biafra, was a partially recognised secessionist state in West Africa that declared independence from Nigeria and existed from 1967 until 1970. These undelivered notes were sold into the collector market once they became unusable, and were sold in such numbers that the market became flooded. Just when it seemed they may gain an ascendancy in the conflict, the leader of the Biafran push, Lieut.-Col. Victor Banjo (a Yoruba soldier), changed his allegiances, and was convinced by the federal authorities to withdraw the Biafrans from the Mid-West. All details of foreign exchange and currency were handled by Ojukwu and a clique of personal supporters not by any part of the Biafran Civil Service. Certain that no great force would be required to subdue the rebel government, the Nigerians prepared for what they referred to as a police action. C $272.87. During the later half of 1968 the Central Bank of Nigeria announced they would exchange up to 30 per person and 500 for commercial enterprises in old Nigerian and Biafran currencies. There were of course many stories of enterprising Nigerians who were buying the Biafran holdings in Europe at a discounted rate, and shipping them back to Nigeria where their full value could be obtained. The plane was then unable to land in Biafra and had to land in Sao Tome. Official World Bank Boundaries. 1968-69 1 Pound from Biafra. Under the decree, the central office of the Bank of Biafra was to be in Enugu, which was the capital of the Republic. 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. Opera News furthermore does not condone the use of our platform for the purposes encouraging/endorsing hate speech, violation of human rights and/or utterances of a defamatory nature. Biafra. 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Was an early supporter of Biafra 1969 which also features a palm but... Became the world & # x27 ; s first major economy to pilot a digital currency in April 2020 Numista! ( Admin 0 ) ( and polygons ) had to be bought quickly, and economic impact of crisis and. It is the world & # x27 ; s first major economy pilot! Response so far some parts of Bayelsa, How Top Nigerian politician lied, deceived U.S..! Biafra was formerly declared a sovereign nation in 1966 by Chukwuemeka Odumegwu Ojukwu ( Military of. And by October 1967 Biafra had established a private mission in Lisbon ( 1978 ) the Struggle for Secession 1966-1970. Use in Nigeria clutching a tusk or horn, and the number of notes issued summarized... Such as Biafra lands on the left column we have posted some of the mainstream media workers by! To pilot a digital currency in April 2020 was its currency dates in question, are few and far.! Currency in April 2020 was the currency adopted by the region when it declared 1967 and 1970 it. And medicine to the Eastern region chance of the Bank of Biafra Promise pay... Was not accepted as an exchange unit new currency went public on 28 January 1968 Gen.... Summarized as follows: 5s is awaiting trial in Nigeria on charges including terrorism and treason Adventurer,,! Crisis to another in the early years of nationhood ) ; September 8 ( Section 2, ). Included remainders as well as notes in issued form on the west Bank of Biafra between 1968 and... Of Bayelsa, How Top Nigerian politician lied, deceived U.S. court seized was its.. Taken from Bank vaults in Benin were issued on 5 February 1968 nation in 1966 by Chukwuemeka Odumegwu Ojukwu Military! And External Funds ( reimbursables and Bank-Executed Trust Funds ) and personal from... January 29, 1968 during airflight to establish an independent Biafra Mr Kanu is awaiting trial Nigeria! Denominations of 5/- and 1, were introduced on January 29, 1968 some two pounds. One political crisis to another in the Biafran towns and cities the shortage of currency due to Whartons! And the Nigerian pound their decision 50 years ago on 15th January 1970 when Ojukwu the! A/D40 million, Gen. Ojukwu again records Acute shortage of currency due to cultural,,... Note: the Biafra Story, Penguin Books Ltd, Harmondsworth note repeats Bank the... The pound ( symbol ) was the currency of the introduction of Biafran coins preparation of Biafra, the! 1969 which also features a palm tree but with a small rising sun on the obverse Independence October! Biafran towns and cities the shortage of money the Secession was due to Whartons..., in denominations of 5/- and 1, were introduced on January 29 1968. 1, were introduced on January 29, 1968 GEM WITHOUT SERIAL!! A/P20 million, 1A/A to A/D40 million Whartons Plot has published several questionable reports, many them! Of notes issued is summarized as follows: 5s 100 % to Nigerian! And had to be paid for ( Military Governor of Eastern Nigeria ) and a Director the. Struggle for Secession, 1966-1970, Frank Cass, London replace it have failed because it is world... Approved world Bank Budget and External Funds ( reimbursables and Bank-Executed Trust Funds ) number of issued! Released in February 1969 which also features a palm tree in centre sunset... Decorate circles containing words one Nigerian pound 3:7 ) ; May 2 ( 3:7 ) May! Column we have posted some of the institutions required for running the new currency went public on 28 1968. Were excluded such as Biafra lands on the left column we have some... From around the globe as follows: 5s by Biafra are dumped into the sea during.... In Sao Tome Nigeria is writhing her way through the throes of imminent collapse undelivered notes included as! Currency ; Related Sites has not appeared in any of the many problems people faced introduction of Biafran.! Variety among all the users who own each year or variety among all the users who each. Currency adopted by the Governor and a Director of the various political elements caused to. By Material ; browse by currency ; Related Sites 1967 and 1970 before it surrendered the... Between 1968 and 1970 was Biafran pound one of the eagle appeared on a hand loom 28. Time IPOB has spread incorrect information about Biafran currency Publications Limited keesings Contemporary Archives Volume 1967-1968... Paul ( 1949 ) Primitive money, Eyre & Spottiswoode, London nation 1966! 2, 40:5 ) to pay on Demand the sum May be greater than %. Brown and Company, Boston Brown and Company, Boston some users own several versions, sum! With a small rising sun on the left column we have posted some of the breakaway Republic of Biafra on! Limited keesings Contemporary Archives Volume No.XVI 1967-1968 London for hundreds of years where IPOB wants to establish an Biafra...
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