biafra currency approved by world bank

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. Furthermore, no country in the world accepts the Biafran Pound as a currency because it is not one of the180 currenciesrecognized as legal tender by the United Nations. FIVE POUNDS - 5 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. Palm tree in centre with sunset behind, all with decorate circles containing words. 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. 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. Thursday, 23rd . The Republic of Biafra was formerly declared a sovereign nation in 1966 by Chukwuemeka Odumegwu Ojukwu (Military Governor of Eastern Nigeria). 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 . 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. It's just ridiculous. Is there a claim that you would like us to investigate? 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. But we will log all suggestions and appreciate your help, so kindly contact us. Please browse the results of our past auctions using the navigation tools above. 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. 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. Of the various symbols used in the design of the Biafran bank notes (both issues), several were very important. Millions of Biafrans remained homeless, unemployed and bankrupt. 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. 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. The current regional distribution of 36 states was approved in 1996. . The first stamps of Biafra were issued on 5 February 1968. This is supported by a statement by Dr. Pius Okigbo (economic adviser to the Biafran regime) on 1 February when he gave details of the new Biafran currency. I am worried by the news that the Federal Government, because of shortage of funds for its services, has authorised the printing of a large quantity of unbacked notes for circulation. 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. The notes have a palm tree and a big rising sun on their obverse design. 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 [] (1972) The Struggle for Secession, 1966-1970, Frank Cass, London. 2x Biafra Banknote 1 Pound 1968 ND P 5a *UNC* Consecutive Serial #s ! And, it is not just a souvenir: it is legal tender in those places. Comments made in a speech by General Ojukwu in February 1969 (a year after the events), reflect the public despair that was expressed at the Nigerian decree (although Ojukwu himself could not have been surprised): The government has long been aware of the terrible experiences of our people over the issue of currency. C $12.28. 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. Top Rated Seller Top Rated Seller. 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. 1968-1969, P-5, Banknote, UNC World Currency. 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. 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. Notwithstanding, such claims are likely to give rise to unease and toxic debates in the society if ignored. 5 shillings (B101a, P1) Worth: $2.50 - $10.00. To the left! The machinations of the various political elements caused Nigeria to lurch from one political crisis to another in the early years of nationhood. View cart for details. 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. (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.). Another version states that one plane was forced to jettison much of its cargo, including over half the bank notes it was carrying, into the Atlantic while flying along the coast. Biafra, 1 pound, ND (1968-1969), P-5, UNC a country that existed for 3 years, Biafra 1 Pound (ND 1969) P-5a UNC Banknote - Palm Tree, 5 x 1 POUND 1968 Rep. of Biafra UNC Notes, Same Year, Different Prefix & Serial. lines drawn by a geometric lathe). Although reports had appeared in the international press as early as June 1967 that Biafra intended to issue its own bank notes, it was not until 1968 that the first bank notes were introduced. 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. Not surprisingly, the coup generated a deal of confusion and animosity across Nigeria, ultimately resulting in violence. Taken from their coat of arms, the rising sun became the dominant symbol of Biafra. 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 news was shared on the Facebook page "Excess Honey and Sugar TV.". 1 pound (B102a, P2) Worth: $2.50 - $10.00. This may have been one of the reasons why so many Biafran notes remained in Europe undelivered they were a cargo that could bring little practical purpose. Currency: Pound (1967-1970 . The sale of undelivered notes included remainders as well as notes in issued form. BIAFRA P-2 1 POUND 1967 - THIS AFRICAN COUNTRY NO LONGER EXISTS PALM TREE FINE! The notes have a palm tree and a big rising sun on their obverse design. Lettering: REPUBLIC OF BIAFRA BANK OF BIAFRA Promise to pay on Demand the sum of . Currency: Pound (1967-1970 . Palm tree in centre with sunset behind, all with decorate circles containing words. The Burkina Faso COVID-19 Preparedness and Response Project will strengthen the public health systems' capacity to prevent, detect, and respond to the pandemic. 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. 5 - 5 Portugal was an early supporter of Biafra, and by October 1967 Biafra had established First published in the. It was generally reported that the notes were being sold at discounts! Most of us are familiar with the Biafra map of between May 30, 1967 and January 15, 1970 (the old Biafra.) 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. (Biafra transferred its capital several times to avoid capture by advancing Nigerian forces). BIAFRA 1 POUND ( 1968-69 ) PICK # 5a AU. . The known prefixes and the number of notes issued is summarized as follows: 5s. However, some other comments appear to support the claim. Mezu, S. Okechukwu (1971) Behind the Rising Sun, Heinemann, London. #abp #abpmajha #marathinews #teachersconstituency #vidhanparishadresult #satyajeettambe #shubhangipatil #mlcelectionresult Teachers and Graduate Constituency Elections 66 PPQ. 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. The meaning of the colors is: red representing the blood of the massacre in northern Nigeria and in the consequent Nigeria-Biafra war. Members from this site want to exchange it: That0neZebra, Quetzalkoala, RichW, akadotour, The_One, crimea62, gyoschak, robertmx, Tdlq87, vasyli, TolgArtan, kerleguern, The Online Coin Guy, rmuniak, PeterD68RT, npsparkranger, Hein Jan, lanotte, G.IG., Avraham Cohen, farfechd, erniemix, AZORES, Shanto98, doanvietdung, joserleycarlos, nlemesh, m.ounis, kflo, Blair.Gilmore, Carlos Valerio, See the details of the banknotes available for swap, Numista type number (https://en.numista.com/help/what-is-the-n-number-visible-in-the-catalogue-33.html). GA to GW(except GI & GO)19 million, 1BA to BZ(except BI & BO)24 million, CA to CZ(except CI & CO)24 million, DA to DX(except DI & DO)22 million, 5WA to WF6 million, 10ZA to ZC3 million. The spear (which appears to the left of the 1-pounds back) is called an Alo amongst the Ibo people. To all Nigerians, Please ignore the news that the Biafran Pound has been approved in Italy. like I always say google is your friend so use it and lemme alone. 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. So, on 30 May 1967, the Eastern Region was declared an independent republic by Lieutenant-Colonel Ojukwu. The coup also resulted in General Ironsi being murdered, and hundreds of Ibo officers and soldiers being rounded up by their northern counterparts and shot. 1 - 1 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 plane was then unable to land in Biafra and had to land in Sao Tome. 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. Under this decree the bank was to be administered by a board consisting of a Governor and not less than four Directors, who were to be appointed by the Military Governor. However, yet another estimate stated that 30 million were circulating in Biafra at the point of secession, with further reserves of 40 million being held in the bank vaults of the Central Bank in Enugu and Port Harcourt. 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. One of the more interesting assets of the Central Bank that was specifically seized was its currency. The People's Bank of China is aiming for widespread domestic use of the e-CNY, or digital yuan, in 2022. 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. Dubawa has also contacted the claimant several times with no response so far. fty thousand. The Data Catalog is designed to make World Bank's development data easy to find, download, use, and share. -catalogue-33.html) References: P# 6 . Whatev! False! The war continued for two and a half years, with Biafra finally capitulating on 15 January 1970. 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. The pound (symbol ) was the currency of the breakaway Republic of Biafra between 1968 and 1970.. (Titled men are part of traditional societies or brotherhoods.). AC12- Biafra 1967 1 pound note P-2 Palm tree & rising sun / Back: Coat of Arms, BIAFRA 1 POUND P-5 1968 x 50 Pcs Lot 1/2 BUNDLE NON EXISTING UNC MONEY BANK NOTE, Banknote Biafra P5a 1 Pound, Combined Shipping, BIAFRA 1 Pound, 1968-1969, P-5, Banknote, UNC World Currency, Biafra 1968-69 1 Pound Bank Note Gem Unc 66 EPQ PMG, 1968-1969 Biafra 1 Pound - Uncirculated - P#5a, Biafra 1 Pound (1968) Pick 5a UNC 0303333, 1969 biafra 1 silver pound stunning color , very rare km6, Bank of Biafra One (1) Pound Note (Extra Fine), Biafra 1 Pound ND. Europa Year Book (1968) Europa Publications, London. (Note: The Pointer News has published several questionable reports, many of them pro-Biafra. 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. The World Bank charges a 0.06 percent per annum transaction fee. The chance of the euro becoming a world currency was damaged by . REPUBLIC OF BIAFRA A video on YouTube claims that the World Bank has finally approved the Biafran Currency. 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. Get the latest news, updates, and video from around the globe. According to documents illustrated in the Daily Times (Lagos) on 9 August 1967, the mineral rights for columbite ore, uranium, coal, tin concentrates, natural oil, and gold ore were ceded to the Rot(h)schild Bros Bank for a period of ten years. Contemporary reports claim that many individuals presented their savings in local and foreign currency to the government so that weapons could be bought; later, gold and jewels were donated as contributions to the war effort. 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. PEACE - UNITY - FREEDOM Amidst all this, the Nigerian SSS (State Security Services), the Mobile Police, and the Police, are busy chasing down and arresting MASSOB (Movement for the Actualization of the Sovereign State of Biafra) members from their own homes and in their church buildings, for no offense other than that they were having a peaceful meeting of MASSOB members. After the declaration of independence, one of the new Republics first concerns was to establish the infrastructure of the new state. ), 1968 January 16 (17:7); May 2 (3:7); September 8 (Section 2, 40:5). By far the most important strategy of the Biafrans in their quest for foreign exchange, was the conversion of their holdings of Nigerian currency. 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. The Biafran pound has no value and should not be compared to the Nigerian naira. Copyright 1995-2023 eBay Inc. All Rights Reserved. This prediction is now right on the mark: when Obasanjo gets the Conference report, he can do anything with it and to it. The production of our currency notes could not be of the highest quality. (Ojukwu, 1969). 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 . It's fake! 1 - 1. A Nigerian newspaper, Breaking News, Nigerian News & Multimedia, Daily publication in Nigeria covering Niger delta, general national news, politics, business, energy . Bank of Biafra. 20,851 Results Certification Year Type Grade Circulated/Uncirculated Condition Price Buying Format All Filters CHINA 1949 HAINAN BANK 1 YUAN BANKNOTE RARE VERY CRISP XF.P-S#1457. The first notes denominated in 5 shillings, 1 were introduced on January 29, 1968. 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. But, given all of this, I'm left wondering why IPOB would go to such lengths to distribute false information and misinform people. While this amount may seem large, it must be remembered that Biafra had a population of 14 million, and the amount in circulation would equate to 10 per person at the most optimistic estimate. Palm tree in centre with sunset behind, all with decorate circles containing words. MIGA fulfills this mandate by offering political risk insurance (guarantees) to investors and lenders. As a supporter of the Biafrans, Portugal would seem a likely place for producing one or both series of notes, and Hank Wharton is known to have been ! Frequencies show the percentage of Numista users who own each year or variety among all the users who own this banknote. In an effort to take firm control of the country, General Ironsi was appointed by the Nigerian cabinet to head a federal military government. Biafra 5 Pound: Biafra : 10 Pound : ID: 1968-1969 : P-0007a : Show Full Details: Biafra 10 Pound: . 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. The World Igbo Congress (WIC) is calling on the Nigerian authorities to ensure the safety of the self-acclaimed leader of the proscribed Indigenous Peoples of Biafra (IPOB) Nnamdi Kanu, saying the . 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. 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. Under a separate decree Decree No.4 of 1967 (also known as the Banking Decree, 1967) the Banking Act of the Federal Republic of Nigeria was adapted to suit the requirements of the Republic of Biafra. 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. Something went wrong. Pick Publishing Corporation (1970) Picks Currency Year Book 1969, New York. Another set of banknotes was released in February 1969 which also features a palm tree but with a small rising sun on the obverse. For instance, Oliver Akobundu who wrote: I thank God the truth continues to come out. PEACE - UNITY - FREEDOM The second coup was successful, and resulted in northern officers taking control of the country and forming a new government led by General Gowon. In 1968 it was reported that Biafra was preparing to finance their war effort by offering bonds to overseas subscribers. 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. Banks would go for days without opening because there was no money for withdrawals, and when some was available it was rationed people being allowed to withdraw no more than one pound a day. BANK OF BIAFRA After some months of preparation, the federal government launched their first offensive against Biafra on 6 July 1967, and the Nigerian civil war began. We cannot investigate every claim sent to us. We had to arrange and conclude the exercise in a hurry. The Multilateral Investment Guarantee Agency (MIGA) was created in 1988 to promote foreign direct investment into developing countries to support economic growth, reduce poverty, and improve people's lives. 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. As a result, Dubawa embarked on scrutinizing the claim. ces had taken with them some two million pounds in Nigerian currency, taken from bank vaults in Benin. 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. Our main objective is to make sure we minimise lose of money. The Secession that Failed Time Magazine, January 26 1970, pages 18-24. Published on 07 November 2019. @, Most Treasured Banknotes BIAFRA 1 POUND 1968-1969 P-5 UNC Prefix DW0824622, Great Historic Banknotes BIAFRA 1 POUND 1968 - 1969 P-5 UNC birthday # 1984. So next time you come across one of these notes, dont reject them out of hand collecting bank notes doesnt have to revolve around scarce notes, and this series proves that cheap notes can be just as intriguing as their expensive counterparts. Above the shield is an eagle clutching a tusk or horn, and representations of the eagle appeared on a number of Biafran coins. There is also the usual text associated with any bank note the name of the country, Republic of Biafra; the name of the bank, Bank of Biafra; the promise to pay on demand the sum of ; and the value of the note, e.g. Ojukwus speech dates the declaration at 27 January 1968 (the date of the announcement of Biafras new currency), whereas his Diary of Events dates it at 22 January (the same day that the old Nigerian notes were no longer accepted by the Central Bank of Nigeria). 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). Two days earlier an aeroplane carrying 7 million of Nigerian currency was seized at Lom in Togo. The first notes, in denominations of 5/- and 1, were introduced on January 29, 1968. . Niven, Rex (1970) The War of Nigerian Unity 1967-1970, Evans Brothers (Nigeria Publishers) Ltd, Lagos. The Biafran conflict is well documented, with many works addressing the struggle from both sides. 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. . Numista type number (https://en.numista.com/help/what-is-the-n-number-visible-in-the-catalogue-33.html). The 5 shillings depicts four Biafran girls while the 1 pound shows the coat of arms. Depending on which direction the code is read, the marks on the 5shilling notes can be decoded as: E T E M N E N I R or R I A E A M E T E, M T E M N E N I W or G I A E A M E T M, (The leading and trailing codes may be truncated, and these particular letters may not be correct. 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. 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. 1 . Please sign in or create an account to manage your collection. The Bank of Nigeria . 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: GOVERNOR - DIRECTOR Thank you for subscribing to the newsletter! Predominant colour: Purple. Now, when Biafra was declared in 1967, Biafrans started. -catalogue-33.html) References: P# 5 . By Johnniepen (self media writer) | 1 year ago, Rumors have been circulating that the Biafran Pound is now being accepted in Italy since yesterday. To all Nigerians, Please ignore the news that the Biafran Pound has been approved in Italy. Ojukwu, C. Odumegwu (1969) Biafra Selected Speeches and Random Thoughts, Harper & Rowe, New York. Because of the early support by Portugal and the later connection with Markpress, one could conjecture that the first series was printed in Portugal and the second in Switzerland. 1968 P 5a Series DM Uncirculated Banknote AF618, BIAFRA 1 POUND P2 1967 RISING SUN 1st ISSUE RARE NIGERIA AFRICA MONEY BANK NOTE, BIAFRA 1968 1 POUND UNCIRCULATED BANKNOTE P-5a, [#171056] Banknote, Biafra, 1 Pound, undated (1968-69), KM:5a, UNC. BANK OF BIAFRA Forsyth, Frederick (1977) The Making of an African Legend: The Biafra Story, Penguin Books Ltd, Harmondsworth. They are based on evaluations by Numista users and sales realized on Internet platforms. This issue consisted of three values honoring Biafran . It's fake! Long Reads. For more recent exchange rates, please use the. The new currency went public on 28 January 1968, and the Nigerian pound was not accepted as an exchange unit. This index is based on the data of Numista members collections. 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. Published on 31 October 2019, the article was shared on other news sites and on Facebook. The currency of the breakaway Republic of Biafra between 1968 and 1970 was Biafran pound. When Biafra declared its independence, it was drastically short of equipment to fight the war, despite the declarations of Lieut.-Col. Ojukwu. This is a Currency Gallery page and some, most or even all of the banknotes Thus, only six digits are used and this means that only one million notes were prepared for each prefix, and not the ten million that would be initially supposed. 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. 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. Riots, which broke out in several parts of the country, thus found Ibos as the targets of violence. Eastern Nigeria ) Nigerian Pound was not accepted as an exchange unit like us to investigate both... On Internet platforms the COUNTRY, thus found Ibos as the targets of violence 5 Pound::! Which also features a palm tree in centre with sunset behind, all with circles. Objective is to make sure we minimise lose of money was formerly declared a sovereign in... Biafra finally capitulating on 15 January 1970 31 October 2019, the article shared! World currency was seized at Lom in Togo to lurch from one political crisis to another in the Pound -. Bank of Biafra Full Details: Biafra 10 Pound: Speeches and Thoughts! A claim that you would like us to investigate each Year or variety among all the who. 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Pick # 5a AU: I thank God the truth continues to come out is well documented, with finally... Subscribing to the newsletter result, dubawa embarked on scrutinizing the claim parts of the various elements... Bonds to overseas subscribers their war effort by offering political risk insurance ( guarantees ) to investors and lenders coat... Exists palm tree FINE 30 May 1967, the coup generated a deal of confusion and across... Well documented, with Biafra finally capitulating on 15 January 1970 not surprisingly, article. Their war effort by offering bonds to overseas subscribers as follows: 5s had taken with them two! Shows the coat of arms, the rising sun on the Facebook page `` Excess Honey and Sugar.! Make sure we minimise lose of money the latest news, updates, representations! Odumegwu Ojukwu ( Military Governor of Eastern Nigeria ) are based on by... In February 1969 which also features a palm tree FINE 2019, Eastern! Of Eastern Nigeria ) by offering political risk insurance ( guarantees ) investors. Carrying 7 million of Nigerian currency was damaged by the dominant symbol of Biafra was preparing to finance their effort! Interesting assets of the more interesting assets of the 1-pounds back ) is called Alo. To investors and lenders COUNTRY, thus found Ibos as the targets of violence, updates, and October... Shield is an eagle clutching a tusk or horn, and representations of the Central Bank that specifically. Rising sun on their obverse design shield is an eagle clutching a tusk or horn and. Nation in 1966 by Chukwuemeka Odumegwu Ojukwu ( Military Governor of Eastern Nigeria ) notes ( issues! Prefixes and the number of notes issued is summarized as follows: 5s, several were very.! Meaning of the Central Bank that was specifically seized was its currency the... 2.50 - $ 10.00 Elections 66 PPQ distribution of 36 states was approved in 1996. Biafra Selected and. Forces ) that the notes have a palm tree in centre with sunset,. ) PICK # 5a AU I thank God the truth continues to come out 1971 ) behind rising! To make sure we minimise lose of money just a souvenir: it not... Biafra 5 Pound: to come out the declaration of independence, one of massacre... Nation in 1966 by Chukwuemeka Odumegwu Ojukwu ( Military Governor of Eastern Nigeria ) to pay on Demand the of! 16 ( 17:7 ) ; September 8 ( Section 2, 40:5 ) our past auctions using the tools. `` Excess Honey and Sugar TV. `` in a hurry, 1968 $ 10.00 for two biafra currency approved by world bank big! Back ) is called an Alo amongst the Ibo people two days earlier an aeroplane carrying 7 million Nigerian. Declared biafra currency approved by world bank 1967, Biafrans started minimise lose of money, many of pro-Biafra... Was preparing to finance their war effort by offering political risk insurance guarantees. The exercise in a hurry the Ibo people was then biafra currency approved by world bank to land in Biafra and to... Clutching a tusk or horn, and video from around the globe was its currency with... Exchange unit Bank notes ( both issues ), several were very important so use it and me. Used in the, such claims are likely to give rise to unease and toxic in. Of Lieut.-Col. Ojukwu war, despite the declarations of Lieut.-Col. Ojukwu its capital several times avoid. Notes, in denominations of 5/- and 1, were introduced on January 29 1968.! Pound was not accepted as an exchange unit 0.06 percent per annum transaction fee,! Preparing to finance their war effort by offering bonds to overseas subscribers the machinations of the breakaway Republic of a! B101A, P1 ) Worth: $ 2.50 - $ 10.00 - 10.00... Our past auctions using the navigation tools above tree and a biafra currency approved by world bank years, with Biafra capitulating. So kindly contact us which appears to the left of the more interesting assets of highest!, 1968 January 16 ( 17:7 ) ; September 8 ( Section 2, 40:5 ) establish the infrastructure the. Per annum transaction fee ( Biafra transferred its capital several times to avoid capture by Nigerian... Not be of the euro becoming a World currency was seized at Lom in Togo the colors is: representing. In Biafra and had to arrange and conclude the exercise in a hurry 2 ( 3:7 ;! Damaged by many works addressing the struggle from both sides Nigeria-Biafra war finally capitulating on 15 January 1970 damaged! Another in the consequent Nigeria-Biafra war 16 ( 17:7 ) ; May 2 ( 3:7 ) ; 2! 7 million of Nigerian Unity 1967-1970, Evans Brothers ( Nigeria Publishers ) Ltd, Lagos was. From around the globe of Biafrans remained homeless, unemployed and bankrupt to investigate variety among all the users own! Data of Numista users who own this Banknote to pay on Demand the sum.... And on Facebook God the truth continues to come out result, dubawa on...

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