The new N100 centenary
banknote was formally
presented to the Federal
Executive Council (FEC) meeting
presided by President Goodluck
Jonathan at the State House on Wednesday. Governor of the Central Bank of
Nigeria (CBN), Godwin Emefuele,
who presented the note, said
that the note is to
commemorate 100 years
amalgamation of the northern and southern protectorates in
1914. Stressing that it was produced
with the most advanced
technology in the world, he said
that the note retained the
picture of late Chief Obafemi
Awolowo on the front side. He said that the new note has
security features against
counterfeiting and with special
durability tolerance. The Zuma Rock at the back of
the current note has been
replaced by Q.R. code and other
pictures. Speaking on the Q.R. code, the
CBN governor said that with
telephone set and iPad having QR
code scanner and the application
to be released by the bank,
Nigerian will be able to scan and read historical facts about
Nigeria. The Minister of Finance, Dr. Ngozi
Okonjo-Iweala who wondered
how much it will cost to print the
notes, noted that the Q.R. code
features will be useful for
students to catch up with the history of Nigeria. From the leaflets circulated
showed various programmes
leading to issuance of the note
to Nigerians. While the launch of the
partnership programme aimed at
banknote equipment
manufacturers and other
machine suppliers will hold next
Wednesday, the new notes will be issued into circulation on
Friday 19th December END

source:www.thenationonlineng.net/new/fg-unveils-new-n100-centenary-note/