President Jonathan To Launch N100 Centenary Note On Wednesday

President Goodluck Jonathan will on Wednesday unveil the specially designed commemorative N100 banknote by the Central Bank of Nigeria.

A statement by the apex bank on Monday in Abuja confirmed the development.

It said the commemorative note was part of the CBN’s contribution to the Centenary celebration, which is in line with its mandate of issuing legal tender currency in Nigeria.

It reads in part, “The choice of the N100 denomination is to mark the centenary celebration of Nigeria and is consistent with best global practices for Central Banks around the world during the celebration of national events.

“Part of the features of the commemorative banknote is the inscription of the theme of the centenary celebration: ‘One Nigeria, Great Promise’as a micro-text.

“While retaining the portrait of the late Chief Obafemi Awolowo on the front, the new note features Nigerian traditional dancers at the back. The commemorative note comes in different dominant colours.”

The new note, according to the statement is also designed to incorporate additional security features for digital communication, protection against counterfeiting, tolerance to the tropics and ease of recognition of genuineness.