₦airaland Forum

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Nigerians need to cultivate the habit of doing things on time and stop relying on the fact that the date would be extended. We are all shouting CHANGE meanwhile what we should be doing is examining ourselves cos the change starts with us.

To be fair on the banks and CBN this BVN registration was highly publicized and some of us were even called on phone still yet a lot of us decided to wait till the deadline and then bombard the banks...

This is not just about BVN but that's how we generally take things...I think everyone needs to change their attitude so we can have a better Nigeria.

The President of the Senate is the presiding officer over the National Assembly and in particular the upper house known as the Senate. He is addressed as Mr President.
Olubukola Saraki is our new Senate President. Executive governor of Kwara State from 2003 to 2011, he became a senator, on the platform of the Peoples Democratic Party in the 7th last National Assembly inaugurated in 2011. He is a medical doctor by training and represents Kwara Central in the Upper House on the ticket of All Progressives Congress. He succeeds Senator David Mark.
Before taking his seat as a Senator, he is expected to have declared his assets in line with the Constitution of the Federal Republic of Nigeria.
His Chamber duties include
• Running the meetings of the Senate, just like a chairman runs a meeting
• Making sure that the standing orders are obeyed
• Participating in special ceremonial occasions of the nation
• Presiding over the joint sittings of the legislative houses

His Office duties include
• Overall responsibility for the legislature including budgets, staffing and allocation of senators’ committees
• Representing the Senate in dealings with the House of Representatives, The Executive, Other Parliaments and foreign heads of service.
• The President does not usually participate in debates but he is not disqualified from voting with other senators.
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lol

Features To Look For On The New N100 Commemorative Centenary Banknote
The President, Dr. Goodluck Ebele Jonathan GCFR unveiled the N100 centenary
commemorative banknote on 12th November, 2014. Find below the basic look,
feel and tilt security features for easy identification of a genuine note. Kindly
follow these simple steps to make sure your banknotes are genuine. Remember,
do not rely on just one feature, check a few.
1. Check the paper and the raised embossed print: By running your fingers
across the front of the new note, you will feel the raised prints in areas such
as “Central Bank of Nigeria”, the image of Chief Obafemi Awolowo and the
N100 numeral on the top left and bottom corners.
2. Check the Motion thread: This security thread is embedded on the
banknote. It appears as green dashes in the front of the new note with
“100” and Nigerian flag moving when tilted.
3. Check the water mark: Hold the note up to the light with the front of the
note facing you. In the clear area on the right, you will see an image of
Chief Obafemi Awolowo’s portrait together with a 100 numeral. Any
banknote that does not contain a watermark is not genuine.
4. Check the Optical Variable Magnetic Ink (OVMI Spark): A rolling bar that
changes colour from green to purple when tilted. This feature is
superimposed on two squares with a manila, which are strategically placed
at the front of the banknote.
5. Check the QR (Quick Response) Code: Digitalized barcode that tells the
centenary story when scanned with an internet enabled mobile device or
an Ipad. It is located at the back of the note.
2
6. Check the Serial Number: A unique 7 digit novel serial numbering,
consisting of letters and numbers printed on the front side of the new note.
The horizontal number is conical, that is, it grows in height from left to
right.
7. Check the See through feature: located on the front of the note (left
corner), effect is produced on coconut.
8. Tactile marks for the visually impaired: Pronounced raised lines on the left
and right corner on the front of the banknotes.
Frequently Asked Questions on the Centenary N100 banknote
1. What is the core mandate of CBN in relation to currency management?
The CBN Act of 2007 charges the Bank with the responsibility for the issuance and
management of the legal tender currency.
2. What is the role of CBN with respect to Banknotes?
The Bank is charged with the responsibility to plan for the printing, issuance and
management of the legal tender currency in Nigeria. In addition, global best
practice demands that countries review their currencies every 5-8 years to be
ahead of counterfeiters.
3. Why a new N100 banknote at this time?
The Rationale for the introduction of the new N100 commemorative banknote is
to celebrate Nigeria’s centenary (100 years of existence) 1914-2014.
4. How durable is the new N100 commemorative banknote?
The redesign of the notes is aimed at making it more secure; to enhance its
durability to last longer in circulation and to streamline its aesthetic and security
features.
3
5. What will happen to the existing Banknotes in circulation?
The existing N100 banknotes will circulate side by side with the new banknote.
Both banknotes are legal tender and acceptable.
6. What features should I check?
When checking your banknote, do not rely on just one security feature, check a
few of the ones described in this leaflet. Feel, tilt and look at the note in your
hand closely.
7. What should I do if I suspect a banknote to be fake or counterfeit?
You should refuse to accept it and ask for another banknote. Remember that it is
a criminal offence to use and pass on a counterfeit note knowingly. If you suspect
any note to be counterfeit, report to the police as soon as possible. They will send
the note to the Central Bank of Nigeria for analysis.
8. How can a visually impaired person recognize the new banknotes as
genuine?
The new N100 banknote has pronounced raised lines (tactile lines) on the left and
right edges on the front of the banknote. The denomination numerals on the
front top left and bottom corners of the banknote are more embossed to assist
the visually impaired.
9. Is there a Jewish symbol (Star of David) on the new N100 banknote?
No. The Jewish symbol (Star of David) is two triangles and is not on the new N100
banknote. However, there are two squares and a manila.
10.How can I get the new N100 commemorative banknote?
You can get it in your bank effective from the date of issuance.
4
11.How can I use the QR-Code to check if the new N100 commemorative
banknote is genuine?
Download a QR-Code scanner with an internet enabled phone or handheld
device. Use the device to scan the barcode on the new N100 banknote and a brief
history of Nigeria’s journey from 1914 to date will appear.
12.Are the security features on the new commemorative N100 Banknotes
too many?
No, the security features are meant to secure the banknote and deter
counterfeiters.
13.Why remove the Ajami script and Zuma rock on the new N100
commemorative banknote?
When reviewing or restructuring a banknote, aesthetics such as symbols and
features are often changed to stay ahead of counterfeiters.
Culled from CBN Website.

Very educative piece thanks for sharing. More awareness needs to be created to secure our younger generations from these perverts.

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Lol...Does money end? I guess its till infinity...

Hey guys lets all calm down here no need for the insults we are adults and can make our issues known without profanity.

Thanks

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May the best man win come 2015
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Congratulations to General Buhari!

Hey there,

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hmm no comment. I dey laugh o

lol this is really confusing but i think i get it. So if you don't, why not Ask the Lawyer @ www.askthelawyeronline.com. its free...

dollarlander:
Booked. Its like 9jas no get job again. Their job is to be the first to comment on any thread that hits the front page. Nawa o.

But I think these must be the children at home, who survive under the feeding of their parents or guardians. Because if you have responsibilities, you will Nairaland less.

Kudos anyways.

If that is the case is it save to say you are also a child? #justasking
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Yes nicely written and also because we are use to chatting in short hand a lot of people send official mails and letters with abbreviations like "pple" instead of people, becos instead of because and so on.

thanks a lot for this information our learned brother we should keep striving to make Nigeria a better place by exposing fraudulent omoniles. I hope your client and others out there has learnt their lessons.
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Thanks for the information. Keep it up [color=#770077][/color]