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. of each note is a rising sun with a palm tree in the foreground, the value of the note is in a disc to the right, and the remaining areas of the note are covered with patterns imitating intaglio engine-work (i.e. Biafra digital currency is coming to save the situation ASAP but for now, follow the instructions. WEAVING. Currency: Pound (1967-1970 . 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. But I wonder how many of us have contemplated what the map of the new Biafra will look like. 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. Latest World news news, comment and analysis from the Guardian, the world's leading liberal voice Lettering: REPUBLIC OF BIAFRA BANK OF BIAFRA Promise to pay on Demand the sum of . 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. The news site posted the report, " World Bank set to established Central Bank of Biafra in Abia State," on its Facebook page on 30 March 2019. Perhaps, this was what made the video to spoon over 16,300 Views, 444 likes, and over 78 comments from different persons, expressing varied opinions. So, on 30 May 1967, the Eastern Region was declared an independent republic by Lieutenant-Colonel Ojukwu. False! The machinations of the various political elements caused Nigeria to lurch from one political crisis to another in the early years of nationhood. The Euro is the only currency in use in Italy. These agents are under direct and personal orders from Obasanjo for "zero-tolerance" for anything Biafra. Top Rated Seller Top Rated Seller. 5 shillings (B101ar, P1r) See Details. a heinous action. Great Historic Banknotes BIAFRA 1 POUND 1968 - 1969 P-5 UNC birthday # 1972. This, of course, has not escaped the watchful eyes of the US Intelligence which comes out with an Intelligence Report on Sub-Saharan Africa (SSA) predicting that within the next 15 years, Nigeria will totally collapse. 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. The first notes, in denominations of 5/- and 1, were introduced on January 29, 1968. Bank of Biafra. (Titled men are part of traditional societies or brotherhoods.). The first notes denominated in 5 shillings, 1 were introduced on January 29, 1968. Not only was Nigeria taking steps to halt the flow of currency from Biafra, steps were also being taken to introduce a new series of bank notes which would be unavailable to the Biafrans. Palm tree in centre with sunset behind, all with decorate circles containing words. 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. 22. There is the possibility that the Biafran currency was actually introduced earlier than stated, for in an interview at Umuahia on 18 January 1968, Gen. Ojukwu made the following comment: I understand that some women in the villages said that if this money [during the recall of Nigerian currency for Biafran currency] was wanted for the war they did not mind; the government should take it all. (Ojukwu, 1969). 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. Waugh, Auberon & Cronje, Suzanne (1969) Biafra Britains Shame, Michael Joseph, London. Bank Of Biafra (11) Browse Banknotes. You can also ask Ihieagwa people in imo state its Ojomma. Nigeria had quickly become aware of the movement of currency from Biafra to Europe and its conversion into foreign exchange. $24.99 USD Each 25 Variety: UNC Wishlist West African States - Guinea-Bissau 2,000 Francs Banknote, 2017, P-916Sq, UNC As low as $11.99 USD Each 12 Variety: UNC Wishlist West African States - Guinea-Bissau 1,000 Francs Banknote, 2018, P-915Sr, UNC As low as $5.99 USD Each 6 Variety: UNC Wishlist China 1 Yuan Banknote, 1999, P-895c, UNC As low as 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. 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. When the Nigerian government announced that the old currency would no longer be legal tender after 22 January 1968, there were frantic efforts by the Biafrans to exchange their holdings. (Biafra transferred its capital several times to avoid capture by advancing Nigerian forces). Number of bids and bid amounts may be slightly out of date. 5 Opera News does not consent to nor does it condone the posting of any content that violates the rights (including the copyrights) of any third party, nor content that may malign, inter alia, any religion, ethnic group, organization, gender, company, or individual. Above the shield is an eagle clutching a tusk or horn, and representations of the eagle appeared on a number of Biafran coins. During the war, a number of international relief agencies were delivering food and medicine to the war-ravaged Republic. Values in the table above are expressed in CAD. Opinion: Why young Africans need to know their history. 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. The Republic of Biafra was formerly declared a sovereign nation in 1966 by Chukwuemeka Odumegwu Ojukwu (Military Governor of Eastern Nigeria). Naira was Officially introduced in 1973 meaning 13 years after Nigeria independent, they were also using British currency and passports. Two days earlier an aeroplane carrying 7 million of Nigerian currency was seized at Lom in Togo. But we will log all suggestions and appreciate your help, so kindly contact us. The notes are signed by the Governor and a Director of the Bank of Biafra. 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. 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. 5 - 5 Cronje, Suzanne (1972) The World and Nigeria The Diplomatic History of the Biafran War 1967 1970, Sidgwick & Jackson, London. MA to MZ(except MI & MO)24 million, NA to NR(except NI & NO)16 million, 10s. Under the decree, the central office of the Bank of Biafra was to be in Enugu, which was the capital of the Republic. 8 The government asked bi- and multilateral donors to provide foreign experts and assistance to address the economic situation.9 In the cocoa sector, the Obiang adminstration invited former plantation owners to resume cocoa production and negotiated a cocoa rehabilitation project with the World Bank. Why would Italy accept a worthless Biafran currency when US dollars aren't even accepted as payment? 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 banknotes have various back designs. Moreover, he was commissioned to take part in a plan to assassinate Ojukwu and topple the Biafran regime a plan that was later uncovered and which cost Banjo his life. The Guardian Nigeria Newspaper brings you the latest headlines, opinions, political news, business reports and international news. Refine Results . WASHINGTON, March 17, 2020 The World Bank and IFC's Boards of Directors approved today an increased $14 billion package of fast-track financing to assist companies and countries in their efforts to prevent, detect and respond to the rapid spread of COVID-19. 5 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. A/O & A/P20 million, 1A/A to A/D40 million. It turned out, however, to be false information. is helping the country rebuild and recover: blogs.worldbank.org. The first issue of the bank notes included only 5 shillings notes and 1 pound notes. 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. We had to arrange and conclude the exercise in a hurry. The Spirit of Biafra is indomitable and indestructible. 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. The front of each note has a coloured pattern (around the outside of the central design) which contains very small print repeating the words Bank of Biafra followed by the denomination of the note e.g. (After independence, a fourth region the Mid-west was created.) 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. 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. These undelivered notes were sold into the collector market once they became unusable, and were sold in such numbers that the market became flooded. $195.00. 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. Steiner, Rolf (1978) The Last Adventurer, Little, Brown and Company, Boston. Also, this is not the first time Dubawa confirmed news from this same claimant to be false. 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 This is a Currency Gallery page and some, most or even all of the banknotes (Most types of paper have a high timber pulp content, and are treated with agents which brighten the paper and produce a surface which fluoresces under ultra-violet light. 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. Also on the back of the 5-pound note is a picture of a woman weaving on a hand loom. The sale of undelivered notes included remainders as well as notes in issued form. While each of the notes of the second issue have a degree of common design on their front, each denomination is distinct in its layout. 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. Tons of new Biafran currency are dumped into the sea, to create artificial scarcity in the Republic. (Ojukwu, 1969). All suggestions and appreciate your help, so kindly contact us a picture of woman. Included remainders as well as notes in issued form 13 years after Nigeria independent, they were also British... 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