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. Naira was Officially introduced in 1973 meaning 13 years after Nigeria independent, they were also using British currency and passports. 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. The Republic of Biafra. The back of the 10-shilling note uses the manilla in the same manner as the 5-shilling note (enclosing the value of the note in a white disc) and has a picture of an oil refinery possibly the one at Port Harcourt. Latest World news news, comment and analysis from the Guardian, the world's leading liberal voice 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. Nigeria is one of the most multicultural states in the world, with over 500 languages being spoken. Authorities say Ipob has been responsible for attacks. 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. Their use was very popular amongst the Ibos until recent times and they were only demonetised during the 1940s. #abp #abpmajha #marathinews #teachersconstituency #vidhanparishadresult #satyajeettambe #shubhangipatil #mlcelectionresult Teachers and Graduate Constituency Elections Easterners holding Biafran Pounds, the currency adopted by the region when it declared . Biafra digital currency is coming to save the situation ASAP but for now, follow the instructions. 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. In this case, the claimant blatantly declared that the World Bank has approved the Biafran Currency, without making reference to a source or quotation. Product has been added to . The sale of undelivered notes included remainders as well as notes in issued form. World Currency / Biafra / Bank of Biafra ; Greysheet Catalog Details. See Details. Lettering: Portugal was an early supporter of Biafra, and by October 1967 Biafra had established It's just ridiculous. So it was merely a matter of changing the line of authority to the Military Governor of Biafra, rather than to the relevant Minister in the Nigerian government. Taken from their coat of arms, the rising sun became the dominant symbol of Biafra. 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. 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. Once the new notes were introduced, the federal government could stop redeeming notes of their current issue, and by that process make the Biafran holdings worthless consequently, the Biafran holdings were forced to be sold at a discount. But we will log all suggestions and appreciate your help, so kindly contact us. What has been spreading on social media is fake information disseminated by IPOB in order to mislead people and massage the egos of Biafra supporters. 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. The pound (symbol ) was the currency of the breakaway Republic of Biafra between 1968 and 1970.. . Palm tree in centre with sunset behind, all with decorate circles containing words. 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. The first Biafran banknote was introduced in 1968 which replaced the Nigerian currency. 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. Visit these great CDN Sponsors. 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. 2x Biafra Banknote 1 Pound 1968 ND P 5 *UNC* Consecutive Serial #s &! Because the old Nigerian notes continued to be accepted in certain areas, the value of the old Nigerian currency was not entirely worthle! The primary sources presented here are almost exclusively items that were published or stated during the 1966-1970 period. The Secession that Failed Time Magazine, January 26 1970, pages 18-24. The cases were due to be loaded on a flight to Accra in Ghana. 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 ! Security printers usually use paper, particularly paper with high linen and cotton content, which is not treated in such a manner.). The notes have a palm tree and a big rising sun on their obverse design. @, 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. 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. Wharton was subsequently fired and a new supply route established. The new currency went public on 28 January 1968, and the Nigerian pound was not accepted as an exchange unit. Because 13 tons of the notes arrived in an aircraft registered in Rhodesia, a country with which Switzerland had no diplomatic relations, the Swiss authorities refused to let the cargo be unloaded and the aircraft was forced to continue to Lisbon. 2x Biafra Banknote 1 Pound 1968 ND P 5a *UNC* Consecutive Serial #s ! All hail Biafra.. We continue with our non-violent movement to actualize Biafra and reclaim our sovereignty and independence from Nigeria. 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. The small print appears as continuous lines, however the print is made less easy to detect by being overlaid with a pattern of lines the pattern being different on each denomination. 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. 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. Looks like there are no products in this category yet! Content created and supplied by: Johnniepen (via Opera Realising that their activities had led to a greatly reduced amount of money in circulation, the Biafrans prepared to replace the Nigerian currency, with this endeavour resulting in the first Biafran note issue. The currency of the breakaway Republic of Biafra between 1968 and 1970 was Biafran pound. Palm tree in centre with sunset behind, all with decorate circles containing words. 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. 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. Biafra was established on 30 May 1967 by Igbo military officer and Eastern Region governor C. Odumegwu Ojukwu under his presidency . Pick Publishing Corporation (1970) Picks Currency Year Book 1969, New York. (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. In January 1967 the Eastern Region began impounding the rolling stock of the Nigerian Railways and seizing goods at Port Harcourt that were the property of federal authorities. Crypto custodian Anchorage has secured conditional approval for a national trust charter from the U.S. Office of the Comptroller of the Currency (OCC), making it the first national "digital asset. 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). This index is based on the data of Numista members collections. 1967 (ND), BIAFRA 1 POUND BANKNOTE, CIRCULATED. 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. 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 . Information about the claim has not appeared in any of the mainstream media. But we know the reason why. MA to MZ(except MI & MO)24 million, NA to NR(except NI & NO)16 million, 10s. These Swiss connections support the argument of one or more issues being printed in Switzerland. Notes from the missing cache of one pound notes from Benin started appearing in Lagos in October (just two months after they had been seized) and doubt remains as to wh! Ojukwu, C. Odumegwu (1969) Biafra Selected Speeches and Random Thoughts, Harper & Rowe, New York. 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. Please sign in or create an account to manage your collection. After the declaration of independence, one of the new Republics first concerns was to establish the infrastructure of the new state. See the details of the banknotes available for swap. 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 international lender cited concerns over transparency and the environmental . Following the end of the war, federal sources claimed that they had found evidence of the Biafrans asking the relief agencies to pay landing fees (in foreign exchange), for the use of their air-strips. 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. False: the world bank has not approved the Biafran currency and has confirmed this claim to be false alongside shreds of facts gathered by Dubawa. 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. (Total: 3 notes) TT PK 5b 1968-69 BIAFRA 1 POUND PMG 65 EPQ GEM WITHOUT SERIAL NUMBERS! 22. The machinations of the various political elements caused Nigeria to lurch from one political crisis to another in the early years of nationhood. 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 of Whartons planes had been destroyed mysteriously in Bissau (in Portuguese Guinea) shortly before this, and another had been impounded in Athens, leading the Biafrans to believe th! 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. World. 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. To make matters worse, one Biafran pound is worth 280 Naira! Our new currency notes, along with our new postage stamps, will be issued to the public on January 29, 1968. (Ojukwu, 1969). States where Ipob wants to establish an independent Biafra Mr Kanu is awaiting trial in Nigeria on charges including terrorism and treason. Keep in mind that MASSOB is a non-violent organization. The currency of Biafra had been the Nigerian pound, until the Bank of Biafra started printing out its own notes, the Biafran pound. 5 - 5
Lettering: 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. Great Historic Banknotes BIAFRA 1 POUND 1968 - 1969 P-5 UNC birthday # 1972. This isn't the first time IPOB has spread incorrect information about Biafran currency. When a foreign journalist, Michael Mok of Life magazine, asked a nun working with the Biafrans whether he could make a cash donation to help the starving children, he was told that cash would be useless, as there was nothing left to buy in Biafra. Pick Publishing Corporation (1971) Picks Currency Year Book 1970, New York. 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. (This occurrence being due to insufficient Biafran notes being delivered to replace the Nigerian currency, which had been extracted from circulation.). (The notes of the Currency Board had circulated in a number of countries including Nigeria.). Many impatient people surrendered their Biafran notes to speculators who were purchasing them at fifty Biafran pounds to one Nigerian pound. Many collectors will be familiar with the events of the Nigerian civil war, and equally there will be many younger collectors who have little or no memory of the events. 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. Thursday, 23rd . SB48 BANK OF BIAFRA 1 POUND BANKNOTE 1967 VERY FINE P.2a $25.00. Another discrepancy in official versions lies in the date of the declaration whereby Nigerian notes were no longer to be legal tender. During the war, a number of international relief agencies were delivering food and medicine to the war-ravaged Republic. 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.. 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. 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. As the situation in Biafra deteriorated it would appear ! 1
There were many more notes prepared for the second issue of notes with the serial number prefixes being distinct for each denomination. 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. It has also been suggested that the money ultimately fell into the hands of Nigerian soldiers who failed to declare their discovery. You can also ask Ihieagwa people in imo state its Ojomma. "They invited him this morning (Friday, July 18, 2020) to come and sign . Currency Gallery: Biafra Africa Index World Index Banknotes for Sale Consignment List Banknotes Wanted Note Evaluation Banknote Grading Numismatic Books If you are looking to purchase Biafran banknotes, then please visit our Store instead. Niven, Rex (1970) The War of Nigerian Unity 1967-1970, Evans Brothers (Nigeria Publishers) Ltd, Lagos. 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. 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. . It turned out, however, to be false information. 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. From April 1967 payments to federal-owned concerns (and employees) were stopped, import licenses to the region were with-held, and all foreign exchange standing in credit of the regional government was seized. 10 . The notes were reported to be on transfer from the Banque Populaire Suisse in Basle to a bank in Ibadan (in Nigeria), but were handed over to the Nigerian government by the Togolese authorities. The notes of the second series are printed on non-fluorescing paper embedded with red and blue fibres. Tracy L. Schmidt (editor); 2019. 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. The new currency notes are of the wide range of 10, 5, 1, 10/and 5/-. (Ojukwu, 1969). Keesings Publications Limited Keesings Contemporary Archives Volume No.XVI 1967-1968 London. 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. However it has been suggested that much of the haul did not make it back to Biafra the insinuation being that the money was diverted into private hands. BANK OF BIAFRA
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