5 shillings (B101a, P1) Worth: $2.50 - $10.00. Notwithstanding, such claims are likely to give rise to unease and toxic debates in the society if ignored. For example, a comment by one viewer seems to question the veracity of the claim: Why all these nonsense misinformation on YouTube?.Can you all stop these gabbage propaganda news that is being posted every minute by many people in the disguise interest of Biafra.I have no problem seeking to make money from You Tube but your approach is isnt healthy._Uche Ozoemelam. The new currency went public on 28 January 1968, and the Nigerian pound was not accepted as an exchange unit. The first issue of the bank notes included only 5 shillings notes and 1 pound notes. 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. Thank you for subscribing to the newsletter! This is due to two main reasons firstly, such a matter becomes of secondary importance in the struggle of a war-torn country, and secondly, it appears that Ojukwu played his hand on this matter quite close to his chest. The common features are the rising sun (now a much smaller representation), the palm tree, the names of the Republic and the Bank, a white disc to the right of the note, and patterns imitating engine work surrounding the note. Hank Wharton was an American transport operator who had come to an arrangement with the Biafrans to fly arms twice weekly from Lisbon (Portugal) to Biafra. Perhaps, this was what made the video to . The known prefixes and the number of notes issued is summarized as follows: 5s. Wharton was subsequently fired and a new supply route established. The back of the 5-shilling note is very similar to the first issue, with the picture of the four Ibo girls and the manilla being used in the same manner. Nigeria had quickly become aware of the movement of currency from Biafra to Europe and its conversion into foreign exchange. See Details. FY18 budget includes certain non-salary staff costs in program budgets that up to FY17 were included in Centrally Managed Accounts & Miscellaneous Programs. Beresiner, Yasha & Narbeth, Colin (1973) The Story of Paper Money, David & Charles, Newton Abbot. ), It is interesting that such an attempt has been made to produce this quasi-security device, as another very simple security device is absent that of non-fluorescing paper. While this amount may seem large, it must be remembered that Biafra had a population of 14 million, and the amount in circulation would equate to 10 per person at the most optimistic estimate. SB48 BANK OF BIAFRA 1 POUND BANKNOTE 1967 VERY FINE P.2a $25.00. Under a separate decree Decree No.4 of 1967 (also known as the Banking Decree, 1967) the Banking Act of the Federal Republic of Nigeria was adapted to suit the requirements of the Republic of Biafra. 1968-69 1 Pound from Biafra. Numista does not buy or sell coins or banknotes. 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. From January 1968, a Swiss public relations company, Markpress of Geneva, looked after various interests of the Biafran government, operating the Biafran Overseas Press Division and providing access for journalists to Biafra. The Togolese government was reported to be seeking a reward from the Nigerians for the seizure, and although no public announcement was ever made, rumours persisted that a large sum was paid to the Togolese as a reward for handing over the money. This section addresses the basic events of the secessionist period in Nigeria. Millions of Biafrans remained homeless, unemployed and bankrupt. Any/all written content and images displayed are provided by the blogger/author, appear herein as submitted by the blogger/author and are unedited by Opera News. A video on this YouTube channel 'Biafra Generation' claims that the world bank has approved the Biafran currency (what they termed as the Ejemme). Waugh, Auberon & Cronje, Suzanne (1969) Biafra Britains Shame, Michael Joseph, London. Or browse our previous auctions using our text-based directory. Biafra 1968. The leaders of this movement were close to the Military Governor, and from late 1966 it seems that plans were being put in place for the Eastern Region to secede. Please sign in or create an account to manage your collection. Nigeria is writhing her way through the throes of imminent collapse. Lettering: REPUBLIC OF BIAFRA BANK OF BIAFRA Promise to pay on Demand the sum of . World Bank-approved administrative boundaries (Admin 0) (and polygons . 5 Our main objective is to make sure we minimise lose of money. Latest World news news, comment and analysis from the Guardian, the world's leading liberal voice 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. These agents are under direct and personal orders from Obasanjo for "zero-tolerance" for anything Biafra. Tons of new Biafran currency are dumped into the sea, to create artificial scarcity in the Republic. (Ojukwu, 1969). Money was also being raised from outside the republic. See each listing for international shipping options and costs. Under this decree the bank was to be administered by a board consisting of a Governor and not less than four Directors, who were to be appointed by the Military Governor. The Burkina Faso COVID-19 Preparedness and Response Project will strengthen the public health systems' capacity to prevent, detect, and respond to the pandemic. Akpan, Ntieyong U. The Bank of Nigeria . is helping the country rebuild and recover: blogs.worldbank.org. the 5-shilling note repeats Bank of Biafra Five Shillings. It was generally reported that the notes were being sold at discounts! The Bank of Biafra Decree also stated that all property held in the republic by the Central Bank of Nigeria was to be transferred to the Bank of Biafra. Cargoes of arms and ammunition bought by Biafra are dumped into the sea during airflight. Looks like there are no products in this category yet! View cart for details. Not surprisingly, the coup generated a deal of confusion and animosity across Nigeria, ultimately resulting in violence. While the continued acceptance of old Nigerian notes encouraged the continued activities by smugglers, by January 1969 the old Nigerian Pound had become almost unacceptable on the black market, worth only the merest fraction of its face value. The information reaching our desk this afternoon, from Biafran blogger Eze Ndukwe . (The notes of the Currency Board had circulated in a number of countries including Nigeria.). See Details. Russia's invasion of #Ukraine has had a devastating impact, with billions of dollars in damaged infrastructure and 8 million more Ukrainians living in poverty in 2022. First published in the. Copyright 1995-2023 eBay Inc. All Rights Reserved. Records of the introduction of Biafran currency, which might confirm the dates in question, are few and far between. 5 shillings . Ojukwus speech dates the declaration at 27 January 1968 (the date of the announcement of Biafras new currency), whereas his Diary of Events dates it at 22 January (the same day that the old Nigerian notes were no longer accepted by the Central Bank of Nigeria). While peace and order were steadily re-established by the Military Government, the stability was being undermined by the desire of the Northern Region to secede from the Federation. This action and the preceding blockade were the necessary catalysts that those in the east were looking for to show their hand. There would be very few collectors of world bank notes who have not come across one or more of the bank notes issued by the secessionist state of Biafra during the Nigerian civil war. I am worried by the news that the Federal Government, because of shortage of funds for its services, has authorised the printing of a large quantity of unbacked notes for circulation. (The vaults had held twelve million pounds, and the other ten million pounds were left untouched, it seems there was just too much money for the retreating forces to carry.). Biafran stamps were initially just overprinted Nigerian stamps (overprinted SOVEREIGN BIAFRA), but the newborn country soon issued it's own designs. WEAVING. Pick Publishing Corporation (1970) Picks Currency Year Book 1969, New York. Many impatient people surrendered their Biafran notes to speculators who were purchasing them at fifty Biafran pounds to one Nigerian pound. Called the " sand dollar ," it will increase financial inclusion for inhabitants spread out across the country's 700 islands, where banking services such as cash machines are not always available. The Republic of Biafra existed between 1967 and 1970 before it surrendered to the Federal Military Government of Nigeria. It's just ridiculous. 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. The palm tree was important because of its economic significance to Biafra next to oil, products from the palm trees were the most valuable exports from the region prior to the new republic being declared. Equipment had to be bought quickly, and (of course) had to be paid for. Consequently receipts were issued to Biafrans for the value of Nigerian currency they surrendered. 22. 66 PPQ. However the Alo makes its reappearance on the back of the 5-pound note, this time having a white disc with the coat of arms laying over its shaft. What was predicted for this conference is that it would serve as a rubberstamp of Obasanjo's pre-conference, fixed agenda which promotes Obasanjo's selfish and self-interests; or it will somehow be used to legitimize such a personal agenda. A south-eastern Nigerian secessionist state led by the Igbo community, the Republic of Biafra got its name from the Bight of Biafra. @, 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. The massacres, not surprisingly, created much fear amongst the Ibos living outside the Eastern Region, and in the weeks following the massacres (September 1966) some two million Ibos gave up their homes and businesses to seek refuge in their eastern homelands. Palm tree in centre with sunset behind, all with decorate circles containing words. 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. An article on the website Jamyco claims the World Bank has invited Nnamdi Kanu, leader of the Indigenous People of Biafra, to put his name on a new currency for Biafra. Amounts shown in italicized text are for items listed in currency other than Canadian dollars and are approximate conversions to Canadian dollars based upon Bloomberg's conversion rates. (These were also the colours of the Biafran flag three horizontal bars of red, black, and green, with the rising sun in the centre of the black band). You can also ask Ihieagwa people in imo state its Ojomma. Mok, Michael (1969) Biafra Journal, Time-Life Books, New York. All hail Biafra.. 2015 - 2023 BNWorld, Inc.. All rights reserved. s got burnt, as the Central bank decided that there would be no exchange of Biafran currency for Nigerian currency, deciding instead to pay a flat rate of twenty Nigerian pounds to each depositor of Biafran or old Nigerian currency with the Central Bank. 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. 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 Times newspaper London, United Kingdom, (The references in brackets refer to the page number and column location of the relevant article. PEACE - UNITY - FREEDOM These undelivered notes were sold into the collector market once they became unusable, and were sold in such numbers that the market became flooded. GA to GW(except GI & GO)19 million, 1BA to BZ(except BI & BO)24 million, CA to CZ(except CI & CO)24 million, DA to DX(except DI & DO)22 million, 5WA to WF6 million, 10ZA to ZC3 million. P.2A $ 25.00 ammunition bought by Biafra are dumped into the sea, to create artificial scarcity the... Numista does not buy or sell coins or banknotes question, are few and far between got! Cronje, Suzanne ( 1969 ) Biafra Journal, Time-Life Books, new.! Waugh, Auberon & Cronje, Suzanne ( 1969 ) Biafra Journal Time-Life! Journal, Time-Life Books, new York and personal orders from Obasanjo for `` zero-tolerance '' for anything.. Of Biafrans remained homeless, unemployed and bankrupt were issued to Biafrans for the value of Nigerian currency they.... 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biafra currency approved by world bank
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