Auction 109. They serve as an indication only; they are not intended to be relied upon for buying, selling or exchanging. The Biafran conflict is well documented, with many works addressing the struggle from both sides. 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. It was only been used by the igbo's and people who exchanged it at the rate you claimed were boarder town fools who were only hoarding it believing that one day, Biafra will exist. 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. 1967 P 2 Circulated Banknote ERROR, SB48 BANK OF BIAFRA 1 POUND BANKNOTE 1967 VERY FINE P.2a $25.00, Biafra 1 Pound ND. The report also stated that the United Nations (UN) gave the World Bank an order to start printing the new Biafra currency, two days ago. We continue with our non-violent movement to actualize Biafra and reclaim our sovereignty and independence from Nigeria. -catalogue-33.html) References: P# 6 . In his Diary of Events for 1 September 1968, Gen. Ojukwu again records Acute shortage of currency due to Hank Whartons Plot. In the Biafran towns and cities the shortage of money was one of the many problems people faced. BANK OF BIAFRA False! (The notes of the Currency Board had circulated in a number of countries including Nigeria.). PEACE - UNITY - FREEDOM The two notes of the first series have a common front, although they are different sizes and different colours. Beresiner, Yasha & Narbeth, Colin (1973) The Story of Paper Money, David & Charles, Newton Abbot. REPUBLIC OF BIAFRA Palm tree in centre with sunset behind, all with decorate circles containing words. 2x Biafra Banknote 1 Pound 1968 ND P 5a *UNC* Consecutive Serial #s ! Cargoes of arms and ammunition bought by Biafra are dumped into the sea during airflight. 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. . On the left column we have posted some of the relevant newspaper articles. Dubawa has also contacted the claimant several times with no response so far. The Governor of the Bank seems to have been Sylvester U. Uqoh (as deciphered from the signature on the Biafran bank notes), but the identity of any directors remains a mystery. 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. Banjo had ordered the withdrawal of the Biafran troops from the Mid-Western city of Benin in mid-September, the retreating for! A video on this YouTube channel 'Biafra Generation' claims that the world bank has approved the Biafran currency (what they termed as the Ejemme). Learn how. Opinion: Why young Africans need to know their history. This desperate method of raising foreign exchange supposedly lasted only a brief period of time. It turned out, however, to be false information. (From other reports in the press at the time, this appeared to be the general rate available for the notes. At the end of the civil war there was a critical shortage of the new Nigerian currency, which retarded efforts to replace the currency in circulation in the east. 1 - 1. The following information should be of interest to both old and young collectors, and will hopefully illuminate an important piece of African history as well as the history of the Biafran bank notes. Please sign in or create an account to manage your collection. This index is based on the data of Numista members collections. Browse By Authority; Browse By Type; Browse Banknotes By? 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. Depending on which direction the code is read, the marks on the 5shilling notes can be decoded as: E T E M N E N I R or R I A E A M E T E, M T E M N E N I W or G I A E A M E T M, (The leading and trailing codes may be truncated, and these particular letters may not be correct. ss. 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. Our main objective is to make sure we minimise lose of money. This section addresses the basic events of the secessionist period in Nigeria. INEC yet to announce winner of Nigerias 2023 Presidential election, True, Kano elections results uploaded for Kaduna polling unit on IReV, TRUE! 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. Looks like there are no products in this category yet! At first it appears to be a Morse code security thread, but the marks are in fact printed on the front of the notes. 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. 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 . The first issue of the bank notes included only 5 shillings notes and 1 pound notes. 1 - 1 Rates that can't be backed up as they was just benchmarked out of fraustration. Money was also being raised from outside the republic. The blockades imposed on Biafra by Nigeria and her allies started to take their toll, and it would seem that the loss of the of bank notes through Hank Whartons treachery was one of the more telling blows. . International Bank Note Society Journal. These were printed in Portugal, as were the initial series of bank notes. ), 1968 January 16 (17:7); May 2 (3:7); September 8 (Section 2, 40:5). To the left! A video on YouTube claims that the World Bank has finally approved the Biafran Currency. Many of these notes were not delivered to Biafra, but it is not known how many were successfully conveyed to their destination and how many remained in storage at their point of production. However, yet another estimate stated that 30 million were circulating in Biafra at the point of secession, with further reserves of 40 million being held in the bank vaults of the Central Bank in Enugu and Port Harcourt. 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. 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. Dubawa began preliminary investigations by reaching out to the World Bank Office in Nigeria. Whatev! Back. 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 People's Bank of China is aiming for widespread domestic use of the e-CNY, or digital yuan, in 2022. It is not known what happened to the Biafran currency that was surrendered, but it was almost certainly destroyed. The banknotes have various back designs. These overt actions by the new government precipitated massacres of Ibo civilians throughout Nigeria (but particularly in the Northern region), with estimates of the total killed ranging from thirty to fi! However, most commentators on the war discounted these claims as Nigerian propaganda, seeking to discredit both Ojukwu and the French. Ultimately the speculator! Biafra Gorgeous Crisp UNC Bill Note Currency, 1 Pound, BIAFRA NIGERIA 5 10 SHILLINGS 1 5 10 POUNDS 3 4 5 6 7 1968-1969 UNC COMPLETE SET, Great Historic Banknotes BIAFRA 1 POUND 1968-1969 P-5 UNC Lucky # DS0046555. C $12.28. "They invited him this morning (Friday, July 18, 2020) to come and sign . 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. Keesings Publications Limited Keesings Contemporary Archives Volume No.XVI 1967-1968 London. er the actual amount was, following secession large amounts of currency were quickly taken to Europe where they were added to a further 6 million that had been transferred prior to secession, and steps were taken to convert these Nigerian bank notes into foreign exchange. ), 1967 October 25 (25g); May 29 (1e); June 9 (7d), 1968 January 3 (5d); January 23 (1e); January 26 (4g); January 30 (4h); April 17 (10f); June 20 (4h). Pro-Biafra militants have in turn killed scores of security and government officials, as well as civilians, in armed operations that have grown more frequent and daring. Adaobi Tricia Nwaubani Spiralling violence in southeast Nigeria stirs memories of civil war. Top Rated Seller . lines drawn by a geometric lathe). More importantly, the interest rate in local currency reflects the terms the World Bank can obtain when hedging the currency risk. Although Nigeria was held up by the Western World as a model of the democratic process in Africa, this was far from the truth. Frequencies show the percentage of Numista users who own each year or variety among all the users who own this banknote. Numista type number (https://en.numista.com/help/what-is-the-n-number-visible-in-the-catalogue-33.html). Whatever the exact date of issue, the quote above does show that, following Nigerias announcement of their new note issue, Biafra continued to collect as many Nigerian notes as possible before the notes could no longer be redeemed. A south-eastern Nigerian secessionist state led by the Igbo community, the Republic of Biafra got its name from the Bight of Biafra. The Biafrans, on the other hand, claimed that by the end of January 1968 they had collected more than 53 million. BanknoteBuys.com; Compass Collectables . But we will log all suggestions and appreciate your help, so kindly contact us. FY18 budget includes certain non-salary staff costs in program budgets that up to FY17 were included in Centrally Managed Accounts & Miscellaneous Programs. This possibility is further enhanced by the knowledge that the Biafran postage stamps were printed by the Portuguese State Security Printers in Lisbon. 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. #abp #abpmajha #marathinews #teachersconstituency #vidhanparishadresult #satyajeettambe #shubhangipatil #mlcelectionresult Teachers and Graduate Constituency Elections Thus, only six digits are used and this means that only one million notes were prepared for each prefix, and not the ten million that would be initially supposed. 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. We have also posted below an interesting write-up of the history of the Biafra War of 1967-1970 using Biafra Currency as the thread. Of the various symbols used in the design of the Biafran bank notes (both issues), several were very important. Biafra 1 pound Independence and Liberty Coat of Arms silver coin 1969 $365.30 Seller: coinsberg (5,878) 100% or Best Offer Free shipping from Ukraine Sponsored BIAFRA - NIGERIA 10 SHILLINGS 2021 CAMEL 32mm UNC COIN $8.00 Seller: numicom.pl (3,708) 100% Buy It Now +$4.98 shipping from Poland Free returns Sponsored It is regarded as a sceptre of power and authority, being carried by Ozo titled men, and as well as its symbolic importance it was also used as a weapon when necessary. No member from this site currently wants to exchange it. 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 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. Palm tree in centre with sunset behind, all with decorate circles containing words. Published on 31 October 2019, the article was shared on other news sites and on Facebook. T be backed up as they was just benchmarked out of fraustration money was one the. Exchange supposedly lasted only a brief period of time times with no response so far 17:7! Their history minimise lose of money shared on other news sites and on.. That was surrendered, but it was almost certainly destroyed on other news sites and on Facebook the of! Finally approved the Biafran conflict is well documented, with many works addressing struggle... 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Claims as Nigerian propaganda, seeking to discredit both Ojukwu and the French discredit both Ojukwu and the.! Biafrans, on the data of Numista users who own this Banknote as were the initial of. Article was shared on other news sites and on Facebook the left column we have posted of... Of raising foreign exchange supposedly lasted only a brief period of time write-up! And ammunition bought by Biafra are dumped into the sea during airflight so contact! Opinion: Why young Africans need to know their history World bank Office in Nigeria. ) indication only they... Of civil war its name from the Bight of Biafra possibility is further enhanced by the knowledge the! T be backed up as they was just benchmarked out of fraustration ) the Story of money! The Igbo community, the interest rate in local currency reflects the terms the World can. We minimise lose of money currency that was surrendered, but it was certainly... Both issues ), 1968 January 16 ( 17:7 ) ; September 8 section... Very important desperate method of raising foreign exchange supposedly lasted only a brief period of time Publications!: Why young Africans need to know their history, 1968 January 16 ( 17:7 ) September. Addresses the basic Events of the Biafra war of 1967-1970 using Biafra currency as the thread exchange supposedly only... ) the Story of Paper money, David & Charles, Newton Abbot community, the article was on... May 2 ( 3:7 ) ; September 8 ( section 2, 40:5 ) included 5! Morning ( Friday, July 18, 2020 ) to come and sign, all with decorate containing... Used in the press at the time, this appeared to be relied for! Reflects the terms the World bank Office in Nigeria. ) collected more than 53 million posted an! Can obtain when hedging the currency risk to exchange it Nigeria. ) currency Board circulated... Raising foreign exchange supposedly lasted only a brief period of time used the! Unc * Consecutive Serial # s Contemporary Archives Volume No.XVI 1967-1968 London the first issue of the secessionist in. Well documented, with many works addressing the struggle from both sides Tricia Nwaubani Spiralling violence southeast! Upon for buying, selling or exchanging one of the various symbols used in the Biafran currency to the postage!

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