Biafra 1968. Values in the table above are expressed in CAD. States where Ipob wants to establish an independent Biafra Mr Kanu is awaiting trial in Nigeria on charges including terrorism and treason. Nigeria had quickly become aware of the movement of currency from Biafra to Europe and its conversion into foreign exchange. 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 Bank-approved administrative boundaries (Admin 0) (and polygons . Lettering: Consecutive pair. Keep in mind that MASSOB is a non-violent organization. We cannot investigate every claim sent to us. Biafra, 1 pound, ND (1968-1969), P-5, UNC a country that existed for 3 years, Biafra 1 Pound (ND 1969) P-5a UNC Banknote - Palm Tree, 5 x 1 POUND 1968 Rep. of Biafra UNC Notes, Same Year, Different Prefix & Serial. Tracy L. Schmidt (editor); 2019. WB Budget - All Funds presents the approved World Bank Budget and External Funds (reimbursables and Bank-Executed Trust Funds). Dubawa began preliminary investigations by reaching out to the World Bank Office in Nigeria. 1 - 5, Lettering: The front of each note has a coloured pattern (around the outside of the central design) which contains very small print repeating the words Bank of Biafra followed by the denomination of the note e.g. Because many of the officers involved in the coup were Ibos, and because the Premiers of the Eastern and Mid-West Region (who were both Ibos) remained unharmed in the coup, it led many to believe that the coup was promoted by the Ibos. Top Rated Seller Top Rated Seller. 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. The Police is also showing a willingness to allow public meetings of the sort--recall that the last head of the Nigerian Police who was heavily bribed and allowed favors by Obasanjo in exchange for clamping down on the public and banning all such meetings, even though clearly allowed by the constitution, is now out of the way, and is currently facing charges for money laundering and embezzlement and corruption. One of the more intriguing aspects of the first issue is the dotted line which runs through the right hand side on the front of the notes. Because of the early support by Portugal and the later connection with Markpress, one could conjecture that the first series was printed in Portugal and the second in Switzerland. There have been differing reports as to the amount of Nigerian currency in circulation at the time of secession, but when Nigerias Finance Commissioner announced on 30 December 1967 that the new Nigerian notes would replace the current notes in circulation between 3 January and 22 January 1968, he also stated that some 37 million had been seized by the rebels in the east. 20,851 Results Certification Year Type Grade Circulated/Uncirculated Condition Price Buying Format All Filters CHINA 1949 HAINAN BANK 1 YUAN BANKNOTE RARE VERY CRISP XF.P-S#1457. However, the first numeral in the serial number for all notes of the second issue is always zero. On 22 January, seven suitcases filled with Nigerian currency worth 252,000 were discovered at London Airport after one of the suitcases split open. Calls to replace it have failed because it is the world's most widely traded currency. #EndSARS: The Trend And Threat Of Fake Social Media Accounts, No evidence Buhari threatened local government chairmen with imprisonment over funds. Why would Italy accept a worthless Biafran currency when US dollars aren't even accepted as payment? The People's Bank of China is aiming for widespread domestic use of the e-CNY, or digital yuan, in 2022. (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.). FY18 budget includes certain non-salary staff costs in program budgets that up to FY17 were included in Centrally Managed Accounts & Miscellaneous Programs. Its territory consisted of the predominantly Igbo-populated Eastern Region of Nigeria. A Nigerian newspaper, Breaking News, Nigerian News & Multimedia, Daily publication in Nigeria covering Niger delta, general national news, politics, business, energy . (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). (Although the refinery, if that is what it is, may well have been the one built by the Biafrans at Uzoakoli following their loss of access to Port Harcourt and the coast.) During Nigerias final thrust of August 1968 (which proved not so final), Whartons planes did not arrive when needed. Certain that no great force would be required to subdue the rebel government, the Nigerians prepared for what they referred to as a police action. 5 - FIVE POUNDS - 5 -catalogue-33.html) References: P# 5 . It includes data from the World Bank's microdata, finances and energy data platforms, as well as datasets from the open data catalog . Several years later, in 1963, Nigeria became a republic, but it was being plagued by power struggles; and, like so many modern African nations, these power struggles centred around ethnic groups. 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. Most of us are familiar with the Biafra map of between May 30, 1967 and January 15, 1970 (the old Biafra.) Or browse our previous auctions using our text-based directory. Modern issues 1961-present (25 th . is helping the country rebuild and recover: blogs.worldbank.org. 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. Because the old Nigerian notes continued to be accepted in certain areas, the value of the old Nigerian currency was not entirely worthle! 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. 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. Opinion: Why young Africans need to know their history. Bank of Biafra. The banknotes have various back designs. A south-eastern Nigerian secessionist state led by the Igbo community, the Republic of Biafra got its name from the Bight of Biafra. Copyright 1995-2023 eBay Inc. All Rights Reserved. The Swiss franc, the Canadian dollar, the Australian and New Zealand dollars, and the South African rand round out the list of top tradable currencies. 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. 66 PPQ. TT PK 5b 1968-69 BIAFRA 1 POUND PMG 65 EPQ GEM WITHOUT SERIAL NUMBERS! Pick Publishing Corporation (1971) Picks Currency Year Book 1970, New York. Please sign in or create an account to manage your collection. $80.00 0 bids $5.25 shipping Ended China 1960s Banknotes $30.00 1 bid $5.00 shipping 1d 12h China 2 Jiao 1980 scarce unc $1.00 1 bid $5.00 shipping 6d 6h Frequencies show the percentage of Numista users who own each year or variety among all the users who own this banknote. Violent attacks threaten Nigeria's upcoming 2023 elections. 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. Yes my grand parents and my Ikwuano people called it Ojomma and not Ejemma. Standard Catalog of World Paper Money. SB48 BANK OF BIAFRA 1 POUND BANKNOTE 1967 VERY FINE P.2a $25.00. Money was also being raised from outside the republic. The Republic of Biafra existed between 1967 and 1970 before it surrendered to the Federal Military Government of Nigeria. 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! Browse By Material; Browse By Set/Series Name; Browse By Currency; Related Sites. World. 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. See Details. Long Reads. 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. The current regional distribution of 36 states was approved in 1996. . But we know the reason why. Touted as a conference for what is in the best interest of Nigeria, it only reminded those in denial that ethnic identity, ethnic loyalty, ethnic affiliation and ethnic interests are still the operative principles in Nigeria--not "Nigerian National" interests. See each listing for international shipping options and costs. Remainders are available only for the second series (with the apparent exception of the 10-shilling note which has not been positively recorded), and can be recognised by the lack of serial numbers which are to be found (if present) in the top right and bottom left on the front of the notes. It goes to prove the point: Biafra is really here to stay. 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. 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. WEAVING. It ranges from 0 to 100, 0 meaning a very common coin or banknote and 100 meaning a rare coin or banknote among Numista members. 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. Description Biafra Bank of Biafra 1 Pound ND (1967) Pick 2 PMG Gem Uncirculated 66 EPQ; Angola Banco de Angola 20 Escudos 1956 Pick 87 PMG Choice About Unc 58; Mozambique Banco de Mocambique 100 Escudos 1961 (ND 1976) pick 117a PMG Gem Uncirulated 66 EPQ. 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. There were many more notes prepared for the second issue of notes with the serial number prefixes being distinct for each denomination. MASSOB property is brazenly breached and destroyed by the these brutal operatives. 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. The news was shared on the Facebook page "Excess Honey and Sugar TV.". Palm tree in centre with sunset behind, all with decorate circles containing words. They are based on evaluations by Numista users and sales realized on Internet platforms. News. Niven, Rex (1970) The War of Nigerian Unity 1967-1970, Evans Brothers (Nigeria Publishers) Ltd, Lagos. Thank you The two notes of the first series have a common front, although they are different sizes and different colours. 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. 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. Our main objective is to make sure we minimise lose of money. In the old map many natural Biafran geographies were excluded such as Biafra lands on the west bank of the Niger. This possibility is further enhanced by the knowledge that the Biafran postage stamps were printed by the Portuguese State Security Printers in Lisbon. The first stamps of Biafra were issued on 5 February 1968. WASHINGTON, April 30, 2020 - The World Bank today approved $21.15 million in financing, of which 50% grant and 50% credit from the International Development Association (IDA)* to help Burkina Faso respond to the COVID-19 pandemic. The 2 million (all in 1 notes) were believed to have been taken by the Biafrans to a bank in Asaba during their retreat from Benin, but when Asaba was captured by the Nigerians the vaults were empty or at least that is what the military reported to the Central Bank of Nigeria. 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! No member from this site currently wants to exchange it. All details of foreign exchange and currency were handled by Ojukwu and a clique of personal supporters not by any part of the Biafran Civil Service. a heinous action. 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. In his Diary of Events Gen. Ojukwu makes the following entry: August 13 [1968]: The Hank Wharton Plot, hatched by British government and American CIA to sabotage Biafra and help Nigeria to carry through her final thrust into Biafran heartland. Top Rated Seller Top Rated Seller. Ivory Coast. Palm tree in centre with sunset behind, all with decorate circles containing words. Of the various symbols used in the design of the Biafran bank notes (both issues), several were very important. As a result, Dubawa embarked on scrutinizing the claim. By Johnniepen (self media writer) | 1 year ago, Rumors have been circulating that the Biafran Pound is now being accepted in Italy since yesterday. But we will log all suggestions and appreciate your help, so kindly contact us. The Republic of Biafra was formerly declared a sovereign nation in 1966 by Chukwuemeka Odumegwu Ojukwu (Military Governor of Eastern Nigeria). Visit these great CDN Sponsors. The first notes, in denominations of 5/- and 1, were introduced on January 29, 1968. 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. To make matters worse, one Biafran pound is worth 280 Naira! However, matters became critical in January 1966 when a number of junior army officers attempted a coup. "Chima Nwagu, the founder and Chief Editor of Biafra . The black is for mourning them and in remembrance. Contemporary reports claim that many individuals presented their savings in local and foreign currency to the government so that weapons could be bought; later, gold and jewels were donated as contributions to the war effort. This edition has been updated. Number of bids and bid amounts may be slightly out of date. Published on 07 November 2019. 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. So, on 30 May 1967, the Eastern Region was declared an independent republic by Lieutenant-Colonel Ojukwu. 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. 5 shillings (B101a, P1) Worth: $2.50 - $10.00. Such a unilateral inflationary decision could damage the economy of the component parts. Prior to the war, Ojukwu had expressed the desire for a loose association of states which would include the Nigerian regions (as separate states) and its neighbours such as Togo and Dahomey (Benin). 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. 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. 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. Top Rated Seller . During the war, a number of international relief agencies were delivering food and medicine to the war-ravaged Republic. Please sign in or create an account to manage your collection. The National Political Reform Conference arranged, funded (illegally) and teleguided by Obasanjo himself, is about to wind up, pretending that it has been successful, although the fragmentation of interests along ethnic and regional lines is the most visible outcome--not surprisingly. From Ojukwus speech it appears that the emergency issue was prepared in a short period of time, although the need for an alternate currency would have dated from the time when Nigerian notes were first withdrawn from circulation. -catalogue-33.html) References: P# 6 . Palm tree in centre with sunset behind, all with decorate circles containing words. Looks like there are no products in this category yet! The Euro currency () is used by 19 of the 27 EU member states, making it one of the currencies used by most countries. There were only two denominations in the first issue (five shillings and one pound), and according to Dr. Okigbo in his statement of 1 February the reason for this was the desire for the Biafrans to deflate their economy although the reality would appear to be insufficient planning. This desire manifested itself six months after the unsuccessful coup, in a second coup which was led by elements of the Nigerian army controlled by the Northern Region. Decorative pattern with Biafran arms to the right. 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. Nigeria is writhing her way through the throes of imminent collapse. It is also known that one of Ojukwus financial advisers was based in Switzerland at the end of the war. ONE POUND - 1 To all Nigerians, Please ignore the news that the Biafran Pound has been approved in Italy. 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. Biafra. Currency itself seems to have been a subject close to Ojukwu (or one of his advisers), as we find the following clause in instructions sent to the delegates of the Eastern Region who were negotiating with Nigeria prior to secession. Learn how. 5 shillings (B101ar, P1r) See Details. 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. The headquarters of the Bank of Biafra were known to be located in Port Harcourt in early 1968, but the town fell to federal troops on 19 May of that year, and the headquarters of the Bank were probably relocated several times due to the fluctuating fortunes of the Republic. 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. BANK OF BIAFRA In contrast, the so-called leaders of Nigeria, including General Obasanjo, the president, whose affluent ways and self-serving power displays depend on Nigeria being seen as virile and together, vigorously deny that there is any problem with Nigeria. BANK OF BIAFRA 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. 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. 1 1968 P 5a Series DM Uncirculated Banknote AF618, BIAFRA 1 POUND P2 1967 RISING SUN 1st ISSUE RARE NIGERIA AFRICA MONEY BANK NOTE, BIAFRA 1968 1 POUND UNCIRCULATED BANKNOTE P-5a, [#171056] Banknote, Biafra, 1 Pound, undated (1968-69), KM:5a, UNC. To the left! As the situation in Biafra deteriorated it would appear ! A video on this YouTube channel Biafra Generation claims that the world bank has approved the Biafran currency (what they termed as the Ejemme). In late May 1967 a decision was made by the federal government to split the four regions of Nigeria into twelve states. Lot. 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. See More, Opera News is a free to use platform and the views and opinions expressed herein are solely those of the author and do not represent, reflect or express the views of Opera News. 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. BIAFRAN CURRENCY HAS BEEN APPROVED FROM WORLD BANK, BIAFRA IS COMING The underaged Dis you guys know also that labor and some other party stage Joseph Nyumah Boakai deciding to support Alexander Cummings after retirement, False! For international shipping options and costs of Eastern Nigeria ) Nigeria into twelve states the regions... 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Delivering food and medicine to the Federal Military government of Nigeria $ 25.00 and cities the shortage of money Admin! No products in this category yet sure we minimise lose of money was one of Ojukwus advisers! The news that the Biafran POUND has been approved in 1996. Related Sites junior! Sb48 Bank of Biafra existed between 1967 and 1970 before it surrendered the.