To all Nigerians, Please ignore the news that the Biafran Pound has been approved in Italy. CNN values your feedback 1. Because the old Nigerian notes continued to be accepted in certain areas, the value of the old Nigerian currency was not entirely worthle! In late May 1967 a decision was made by the federal government to split the four regions of Nigeria into twelve states. Description Biafra Bank of Biafra 1 Pound ND (1967) Pick 2 PMG Gem Uncirculated 66 EPQ; Angola Banco de Angola 20 Escudos 1956 Pick 87 PMG Choice About Unc 58; Mozambique Banco de Mocambique 100 Escudos 1961 (ND 1976) pick 117a PMG Gem Uncirulated 66 EPQ. 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. The prefixes commenced with a letter that was assigned to the denomination, followed by a second letter that cycled through the alphabet from A to Z; although the letters I and O were not used due to their similarity with the numerals one and zero. Nigeria is one of the most multicultural states in the world, with over 500 languages being spoken. The back of the 5-shilling note is very similar to the first issue, with the picture of the four Ibo girls and the manilla being used in the same manner. (The vaults had held twelve million pounds, and the other ten million pounds were left untouched, it seems there was just too much money for the retreating forces to carry.). Published on 31 October 2019, the article was shared on other news sites and on Facebook. Under the decree, the central office of the Bank of Biafra was to be in Enugu, which was the capital of the Republic. 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. 1968-1969, P-5, Banknote, UNC World Currency. 1. It's fake! The known prefixes and the number of notes issued is summarized as follows: 5s. With these two decrees the financial framework of the Bank of Biafra was established, but there was still a more important problem to be faced that of financing the war. Consecutive pair. In the Eastern Region, from the time of the massacres, there arose a strong movement amongst the Ibos to break away from the federation. Yes my grand parents and my Ikwuano people called it Ojomma and not Ejemma. Looks like there are no products in this category yet! The international lender cited concerns over transparency and the environmental . According to one version, the planes broke down while flying in their cargo, and jettisoned the much needed supply of weapons, and evidently other cargo such as the Biafran bank notes, before returning to Lisbon. They serve as an indication only; they are not intended to be relied upon for buying, selling or exchanging. With such an interesting attempt at micro printing it would be pleasing to know where the notes were printed, but the printer of each issue is a mystery. (After independence, a fourth region the Mid-west was created.) ), 1967 October 25 (25g); May 29 (1e); June 9 (7d), 1968 January 3 (5d); January 23 (1e); January 26 (4g); January 30 (4h); April 17 (10f); June 20 (4h). False! The peoples living in Nigeria are looking forward to the SNC as the only genuine and serious conference that could solve the problem that is Nigeria. The reports indicate that Rothschild was prepared to pay twelve shillings and sixpence in British currency for each Nigerian pound. Bank Of Biafra (11) Browse Banknotes. We hope you enjoy shopping at BNWorld, Inc. Mon-Fri 8:30am-12:30am (Order cut-off for deliveries using USPS is 12:00pm and FedEx before 3:00pm (PST)), Graded Special Condition and Serial numbers, Venezuela Bolvar Digital (Digitales) 2021, Iraqi Dinar for ZImbabwe Dollars or Venezuelan Bolivar, Indonesia Rupiah for ZImbabwe Dollars or Venezuelan Bolivar, Vietnam Dong for ZImbabwe Dollars or Venezuelan Bolivar, Mixed Banknotes for ZImbabwe Dollars or Venezuelan Bolivar. 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. 3 of 1967 (also known as the Bank of Biafra Decree, 1967). 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. (The notes of the Currency Board had circulated in a number of countries including Nigeria.). This is a Currency Gallery page and some, most or even all of the banknotes 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. 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 spear (which appears to the left of the 1-pounds back) is called an Alo amongst the Ibo people. Cronje, Suzanne (1972) The World and Nigeria The Diplomatic History of the Biafran War 1967 1970, Sidgwick & Jackson, London. States where Ipob wants to establish an independent Biafra Mr Kanu is awaiting trial in Nigeria on charges including terrorism and treason. ss. The editorial comment is therefore either incorrect (the recall may have been for the interim receipts), or the currency was issued earlier than Ojukwu stated; and one source does give the date of issue as 10 January. 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). The second coup was successful, and resulted in northern officers taking control of the country and forming a new government led by General Gowon. The Bank Notes of Biafra. In the old map many natural Biafran geographies were excluded such as Biafra lands on the west bank of the Niger. In this case, the claimant blatantly declared that the World Bank has approved the Biafran Currency, without making reference to a source or quotation. 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 Euro currency () is used by 19 of the 27 EU member states, making it one of the currencies used by most countries. like I always say google is your friend so use it and lemme alone. This desire manifested itself six months after the unsuccessful coup, in a second coup which was led by elements of the Nigerian army controlled by the Northern Region. Continued denial of this obvious outcome by Obasanjo himself and by the hand-picked, well-paid conference participants is another nail in the coffin of Nigeria. Although the Biafran Pound was not acknowledged as a legal tender by other countries at the time they were issued, the paper bills were later on sold as curious money. Adaobi Tricia Nwaubani Spiralling violence in southeast Nigeria stirs memories of civil war. The 5 shillings depicts four Biafran girls while the 1 pound shows the coat of arms. Despite many early successes, Biafra was mostly on the back foot during the conflict; and, as well as defending itself, had to support the millions of refugees who had returned to the region after the massacres. 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. WEAVING. However, some other comments appear to support the claim. Long Reads. The primary sources presented here are almost exclusively items that were published or stated during the 1966-1970 period. BIAFRA - 1 POUND - ND1968-69 - P5a - UNCIRCULATED, BIAFRA NIGERIA 1 POUND P5 1968 X 100 PCS LOT BUNDLE PALM TREE NON EXIST UNC NOTE, 4 Biafra 1 One Pound Nigeria Breakaway State Cold War African State 1968-1969, Biafra 1967 1 pound note paper money in protective holder - Palm Tree Leopard, 1968-1969 Biafra 1 One Pound - World Currency Banknote, [#625457] Banknote, Biafra, 1 Pound, Undated (1968), KM:5a, UNC, Great Historic Banknotes BIAFRA 1 POUND 1968-1969 P-5 UNC Lucky # DU0013332, Great Historic Banknotes BIAFRA 1 POUND 1968 - 1969 P-5 UNC birthday # 1983. 1967 (ND), BIAFRA 1 POUND BANKNOTE, CIRCULATED. It makes up 20% of known central bank foreign currency reserves. A series of coins was issued in 1969; 3d, 6d, 1/-, and 2/6 coins were minted, all struck in aluminium.In February 1969, a second family of notes was issued in denominations of 5/- and 10/-, 1, 5 and . GOVERNOR - DIRECTOR 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. They are based on evaluations by Numista users and sales realized on Internet platforms. TT PK 5b 1968-69 BIAFRA 1 POUND PMG 65 EPQ GEM WITHOUT SERIAL NUMBERS! By far the most important strategy of the Biafrans in their quest for foreign exchange, was the conversion of their holdings of Nigerian currency. Mezu, S. Okechukwu (1971) Behind the Rising Sun, Heinemann, 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. A video on this YouTube channel 'Biafra Generation' claims that the world bank has approved the Biafran currency (what they termed as the Ejemme). Dubawa began preliminary investigations by reaching out to the World Bank Office in Nigeria. One of the more interesting assets of the Central Bank that was specifically seized was its currency. These agents are under direct and personal orders from Obasanjo for "zero-tolerance" for anything Biafra. Within a matter of weeks of Nigerias announcement of their new note issue, an answering announcement was made by the Biafrans. at Wharton had been got at by the CIA and the British (who were also working amongst African nations in an effort to stop assistance to the struggling republic). lines drawn by a geometric lathe). Beresiner, Yasha & Narbeth, Colin (1973) The Story of Paper Money, David & Charles, Newton Abbot. In August of that year, just after war had broken out, the Biafrans made a bold assault on the Mid-West region, and meeting little opposition moved to within 120 miles of Lagos. For the first series, there are only two known serial number prefixes, while for the second series there are four prefixes. Palm tree in centre with sunset behind, all with decorate circles containing words. 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. There were many more notes prepared for the second issue of notes with the serial number prefixes being distinct for each denomination. Most commentators on Biafras bank notes report that the first issue occurred immediately after the declaration of independence but this is not correct. The Spirit of Biafra is indomitable and indestructible. This edition has been updated. 5 Portugal was an early supporter of Biafra, and by October 1967 Biafra had established 5 - 5 BANK OF BIAFRA Now, the United States is the latest to signal "urgency" in researching a potential digital version of its dollar via a Central Bank Digital Currency, or CBDC. On 12 January more than 20 tons of Nigerian bank notes were flown into Switzerland on two aeroplanes but only 7 tons were permitted to be unloaded. It turned out, however, to be false information. UNCIRCULATED. Pick Publishing Corporation (1971) Picks Currency Year Book 1970, New York. The sale of the notes had begun in September 1968 when agents of the Biafran government in Geneva offered sets of the second series of Biafran bank notes for sale to collectors and others at the price of 20 10s (sterling) per set. Great Historic Banknotes BIAFRA 1 POUND 1968 - 1969 P-5 UNC birthday # 1972. 1 - 1. The first issue of the bank notes included only 5 shillings notes and 1 pound notes. Volume 36, No.4, 1997. At first it appears to be a Morse code security thread, but the marks are in fact printed on the front of the notes. er the actual amount was, following secession large amounts of currency were quickly taken to Europe where they were added to a further 6 million that had been transferred prior to secession, and steps were taken to convert these Nigerian bank notes into foreign exchange. Notwithstanding, such claims are likely to give rise to unease and toxic debates in the society if ignored. Also, DAILY BIAFRA NEWSPAPER reported that World bank will not start printing the new Biafra currency until Nnamdi Kanu signs on it. The new currency went public on 28 January 1968, and the Nigerian pound was not accepted as an exchange unit. This video has been widely circulated on social media, causing great pleasure among many, with some suggesting that the Biafran Pound is more valuable than the Nigerian Naira. Washington, DC: The Executive Boards of the World Bank's International Development Association (IDA) and the International Monetary Fund (IMF) have determined that Sudan has taken the necessary steps to begin receiving debt relief under the enhanced Heavily Indebted Poor Countries (HIPC) Initiative. Two days ago United Nations gave World bank order to start printing new Biafra currency. An article on the website Jamyco claims the World Bank has invited Nnamdi Kanu, leader of the Indigenous People of Biafra, to put his name on a new currency for Biafra. By Johnniepen (self media writer) | 1 year ago, Rumors have been circulating that the Biafran Pound is now being accepted in Italy since yesterday. But, given all of this, I'm left wondering why IPOB would go to such lengths to distribute false information and misinform people. The Niger be false information Office in Nigeria on charges including terrorism and.! 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