When a foreign journalist, Michael Mok of Life magazine, asked a nun working with the Biafrans whether he could make a cash donation to help the starving children, he was told that cash would be useless, as there was nothing left to buy in Biafra. SB48 BANK OF BIAFRA 1 POUND BANKNOTE 1967 VERY FINE P.2a $25.00. The Multilateral Investment Guarantee Agency (MIGA) was created in 1988 to promote foreign direct investment into developing countries to support economic growth, reduce poverty, and improve people's lives. 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! While the coup was unsuccessful, it resulted in the deaths of the Prime Minister of Nigeria, the Premiers of the Northern and Western Regions, the federal Minister of Finance, and a number of senior army officers. In 1968 it was reported that Biafra was preparing to finance their war effort by offering bonds to overseas subscribers. 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. The postage stamps were reportedly released on 5 February 1968 (which varies by a week from the date announced by Ojukwu of 29 January) and it would not be difficult to conjecture that the postage stamps and the bank notes were printed by the same printer for release at the same time. Despite many early successes, Biafra was mostly on the back foot during the conflict; and, as well as defending itself, had to support the millions of refugees who had returned to the region after the massacres. Our main objective is to make sure we minimise lose of money. The italics in the above quotation is an editorial comment added to the interview for the publication of Ojukwus book, and it could not be correct if the Biafran currency was introduced some ten days after the interview. 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. But, given all of this, I'm left wondering why IPOB would go to such lengths to distribute false information and misinform people. Power was being concentrated in the hands of a few factions in each region, and nationally there was a great deal of political jockeying between the major ethnic groups particularly the northern Hausa against the southern Yoruba and Ibo. Palm tree in centre with sunset behind, all with decorate circles containing words. To make matters worse, one Biafran pound is worth 280 Naira! All hail Biafra.. However, most commentators on the war discounted these claims as Nigerian propaganda, seeking to discredit both Ojukwu and the French. With the short time at our disposal, we could only produce notes in denominations of 1 and 5/-; we could not produce coins. 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. It is believed that the Northern Region undertook the coup with the main aim of secession, however British diplomats in Lagos (the Nigerian capital) convinced the new leaders that they should seek unity under one Nigeria. Records of the introduction of Biafran currency, which might confirm the dates in question, are few and far between. No member from this site currently wants to exchange it. Because the notes are very common there is a tendency amongst collectors to ignore them. The Annual Meetings of the Boards of Governors of the World Bank Group (WBG) and the International Monetary Fund (IMF) bring together central bankers, ministers of finance and development, private sector executives, representatives from civil society organizations and academics to discuss issues of global concern, including the world economic outlook, poverty eradication, economic development . Once the new notes were introduced, the federal government could stop redeeming notes of their current issue, and by that process make the Biafran holdings worthless consequently, the Biafran holdings were forced to be sold at a discount. 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. The new currency notes are of the wide range of 10, 5, 1, 10/and 5/-. (Ojukwu, 1969). This possibility is further enhanced by the knowledge that the Biafran postage stamps were printed by the Portuguese State Security Printers in Lisbon. Thank you 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. -catalogue-33.html) References: P# 5 . 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. (Note: The Pointer News has published several questionable reports, many of them pro-Biafra. And, it is not just a souvenir: it is legal tender in those places. 5 - FIVE POUNDS - 5
The plane was then unable to land in Biafra and had to land in Sao Tome. Signatures: Sylvester U. Ugoh (Governor)
In addition to the notes that circulated in Biafra, and those which were dumped into the sea (first series), there were also thousands of undelivered notes that survived the war. The first issue of the bank notes included only 5 shillings notes and 1 pound notes. 5
Don't fall for cheap lies. Great Historic Banknotes BIAFRA 1 POUND 1968 - 1969 P-5 UNC birthday # 1972. like I always say google is your friend so use it and lemme alone. Dubawa has also contacted the claimant several times with no response so far. 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! It appeared on their flag, their coins and bank notes, on military insignia, and it gave rise to the title of their national anthem, Land of the Rising Sun. The difference being that the Eastern Regions arms had supporters of a leopard (on the left) and a man carrying a spear an Alo (on the right), whereas the Biafran arms had two leopards supporting the shield. . Mok, Michael (1969) Biafra Journal, Time-Life Books, New York. C $272.87. There were of course many stories of enterprising Nigerians who were buying the Biafran holdings in Europe at a discounted rate, and shipping them back to Nigeria where their full value could be obtained. Is there a claim that you would like us to investigate? Now, when Biafra was declared in 1967, Biafrans started. 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. Ultimately the speculator! BANK OF BIAFRA
Values in the table above are expressed in CAD. (From other reports in the press at the time, this appeared to be the general rate available for the notes. These undelivered notes were sold into the collector market once they became unusable, and were sold in such numbers that the market became flooded. 66 PPQ. A video on this YouTube channel Biafra Generation claims that the world bank has approved the Biafran currency (what they termed as the Ejemme). 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. $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 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. However when Lieut.-Col. BIAFRA 1 POUND ( 1968-69 ) PICK # 5a AU. Amidst all this, the Nigerian SSS (State Security Services), the Mobile Police, and the Police, are busy chasing down and arresting MASSOB (Movement for the Actualization of the Sovereign State of Biafra) members from their own homes and in their church buildings, for no offense other than that they were having a peaceful meeting of MASSOB members. But, they have zero influence over the activities of Biafrans overseas; these Biafrans put on a successful worldwide demonstration (WWD) at the close of the month of May 2005 during which they sensitized the rest of the world--from Canada to South Africa, Austria to Gabon, and from Ireland to Ukraine to the case for Biafra, pressing for the support of self-determination as a natural and moral right, and as a right ratified by UN Charter. 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. WHOLESALE 100 CIRCULATED NIGERIA 1 (ONE POUND) CATALOG # 8 of 1967 BIAFRA WAR, Great Historic Banknotes BIAFRA 1 POUND 1968 - 1969 P-5 UNC Lucky # DS0193333, BIAFRA 1 POUND P-2 1967 10 Pcs Lot RISING SUN Bundle CURRENCY NIGERIA BANK NOTE, Biafra, 1 pound, 1968, P-5, UNC, world paper money, banknote. 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. While not known for certain how many notes were produced for circulation in Biafra, a reasonable estimate can be made by extrapolating the number of notes prepared for each known serial number prefix. The currency of the breakaway Republic of Biafra between 1968 and 1970 was Biafran pound. They serve as an indication only; they are not intended to be relied upon for buying, selling or exchanging. However, Nigeria saw the Biafrans as rebels who were seizing control of the Eastern Region, and determined that force was necessary to bring the recalcitrant state back under the control of the central government. Keep in mind that MASSOB is a non-violent organization. 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. Biafra one pound Pick2, 1967 issue, prefix A/C, scarce high grade, almost UNC. Niven, Rex (1970) The War of Nigerian Unity 1967-1970, Evans Brothers (Nigeria Publishers) Ltd, Lagos. Thank you for subscribing to the newsletter! 2015 - 2023 BNWorld, Inc.. All rights reserved. It turned out, however, to be false information. Please browse the results of our past auctions using the navigation tools above. Crypto custodian Anchorage has secured conditional approval for a national trust charter from the U.S. Office of the Comptroller of the Currency (OCC), making it the first national "digital asset. (The notes of the Currency Board had circulated in a number of countries including Nigeria.). Not surprisingly, the coup generated a deal of confusion and animosity across Nigeria, ultimately resulting in violence. The Secession that Failed Time Magazine, January 26 1970, pages 18-24. 5 - 5
), 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). Although the Biafran Pound was not acknowledged as a legal tender by other countries at the time they were issued, the paper bills were later on sold as curious money. 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. 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. Nigeria is writhing her way through the throes of imminent collapse. $24.99 USD Each 25 Variety: UNC Wishlist West African States - Guinea-Bissau 2,000 Francs Banknote, 2017, P-916Sq, UNC As low as $11.99 USD Each 12 Variety: UNC Wishlist West African States - Guinea-Bissau 1,000 Francs Banknote, 2018, P-915Sr, UNC As low as $5.99 USD Each 6 Variety: UNC Wishlist China 1 Yuan Banknote, 1999, P-895c, UNC As low as It was generally reported that the notes were being sold at discounts! Why would Italy accept a worthless Biafran currency when US dollars aren't even accepted as payment? See the details of the banknotes available for swap. We had to arrange and conclude the exercise in a hurry. 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. Since some users own several versions, the sum may be greater than 100%. However, at the end of the conflict it was estimated that between 115 and 140 million in Biafran currency was in circulation, indicating that a large proportion of the currency was delivered into circulation. 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. The Bahamas is the first country in the world with a central bank digital currency (a digital form of a country's currency). ), 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. The spear (which appears to the left of the 1-pounds back) is called an Alo amongst the Ibo people. Published on 31 October 2019, the article was shared on other news sites and on Facebook. WB Budget - All Funds presents the approved World Bank Budget and External Funds (reimbursables and Bank-Executed Trust Funds). Nothing false about it,its merely voter education to guide o okay , thanks for the cross checking , i will verify my info okay , thanks for the cross checking , i verify my informati Hello FACEBOOK, this is not false information. Given this atmosphere, one could imagine what a shock and a blow it was to Obasanjo that lo and behold, the Biafran currency is still in circulation in parts of some West African countries, and by one account, in a community in New York also. BIAFRA 1 POUND P-2 1967 10 Pcs Lot RISING SUN Bundle CURRENCY NIGERIA BANK NOTE. This prediction is now right on the mark: when Obasanjo gets the Conference report, he can do anything with it and to it. 10 . During the war, a number of international relief agencies were delivering food and medicine to the war-ravaged Republic. UNCIRCULATED. 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. (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.) The Republic of Biafra existed between 1967 and 1970 before it surrendered to the Federal Military Government of Nigeria. To have a better understanding about biafran currency notes, you can visit Mintage World and explore the world of currency notes. In 1944, the U.S. dollar became the global or world currency. So next time you come across one of these notes, dont reject them out of hand collecting bank notes doesnt have to revolve around scarce notes, and this series proves that cheap notes can be just as intriguing as their expensive counterparts. In August of that year, just after war had broken out, the Biafrans made a bold assault on the Mid-West region, and meeting little opposition moved to within 120 miles of Lagos. (1972) The Struggle for Secession, 1966-1970, Frank Cass, London. Keesings Publications Limited Keesings Contemporary Archives Volume No.XVI 1967-1968 London. The currency spent in the Republic of Biafra 1967 and 1970 has probably entered into the currency market, serving as the legal tender in the market till date. Or browse our previous auctions using our text-based directory. PEACE - UNITY - FREEDOM
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. The first stamps of Biafra were issued on 5 February 1968. Security printers usually use paper, particularly paper with high linen and cotton content, which is not treated in such a manner.). Such a unilateral inflationary decision could damage the economy of the component parts. MASSOB property is brazenly breached and destroyed by the these brutal operatives. No matter in what form the notes are found (the remainders are now getting scarce), the notes of Biafra offer an interesting piece of history a piece of African history, and a piece of bank note history. This is a Currency Gallery page and some, most or even all of the banknotes New currency was introduced. 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. flying from Lisbon when he dumped the cargo of Biafran notes at sea. 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. (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). Essentially, most of the institutions required for running the new republic existed as part of the Nigerian governments administration for the Eastern region. MA to MZ(except MI & MO)24 million, NA to NR(except NI & NO)16 million, 10s. Many impatient people surrendered their Biafran notes to speculators who were purchasing them at fifty Biafran pounds to one Nigerian pound. The Euro is the only currency in use in Italy. Besides the US, 22 other countries use different forms of the dollar currency, including Australia and Canada. On the back of the 5-shilling note is a picture of four Ibo girls, and surrounding the value of the note to the left is a manilla. Money was also being raised from outside the republic. Steiner, Rolf (1978) The Last Adventurer, Little, Brown and Company, Boston. World Bank-approved administrative boundaries (Admin 0) (and polygons . BIAFRAN CURRENCY HAS BEEN APPROVED FROM WORLD BANK, BIAFRA IS COMING 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. The new currency went public on 28 January 1968, and the Nigerian pound was not accepted as an exchange unit. 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. In the old map many natural Biafran geographies were excluded such as Biafra lands on the west bank of the Niger. News ), 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. 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. World Banknotes. Frequencies show the percentage of Numista users who own each year or variety among all the users who own this banknote. But we will log all suggestions and appreciate your help, so kindly contact us. Yes my grand parents and my Ikwuano people called it Ojomma and not Ejemma. It's fake! 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. 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. Because 13 tons of the notes arrived in an aircraft registered in Rhodesia, a country with which Switzerland had no diplomatic relations, the Swiss authorities refused to let the cargo be unloaded and the aircraft was forced to continue to Lisbon. It turned out, however, to be false information. BANK OF BIAFRA
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's just ridiculous. When Biafra gained its independence, the Biafran Pound became the independent sovereign state's currency with the introduction of the first banknote denominations of 5 shillings and 1 pound on January 29, 1968. lines drawn by a geometric lathe). BANK OF BIAFRA
PEACE - UNITY - FREEDOM
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. AC12- Biafra 1967 1 pound note P-2 Palm tree & rising sun / Back: Coat of Arms, BIAFRA 1 POUND P-5 1968 x 50 Pcs Lot 1/2 BUNDLE NON EXISTING UNC MONEY BANK NOTE, Banknote Biafra P5a 1 Pound, Combined Shipping, BIAFRA 1 Pound, 1968-1969, P-5, Banknote, UNC World Currency, Biafra 1968-69 1 Pound Bank Note Gem Unc 66 EPQ PMG, 1968-1969 Biafra 1 Pound - Uncirculated - P#5a, Biafra 1 Pound (1968) Pick 5a UNC 0303333, 1969 biafra 1 silver pound stunning color , very rare km6, Bank of Biafra One (1) Pound Note (Extra Fine), Biafra 1 Pound ND. 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. The notes have a palm tree and a big rising sun on their obverse design. 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. 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. Content created and supplied by: Johnniepen (via Opera GOVERNOR - DIRECTOR
News. 3 of 1967 (also known as the Bank of Biafra Decree, 1967). BANK OF BIAFRA
Ivory Coast. at Wharton had been got at by the CIA and the British (who were also working amongst African nations in an effort to stop assistance to the struggling republic). 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. Because the old Nigerian notes continued to be accepted in certain areas, the value of the old Nigerian currency was not entirely worthle! Tracy L. Schmidt (editor); 2019. However, matters became critical in January 1966 when a number of junior army officers attempted a coup. ether they were brought back to Lagos by Nigerian soldiers, or by speculators in Nigerian currency who may have bought them at a discount from the Biafrans. A series of coins was issued in 1969; 3d, 6d, 1/-, and 2/6 coins were minted, all struck in aluminium.In February 1969, a second family of notes was issued in denominations of 5/- and 10/-, 1, 5 and . Consequently there were three currencies circulating in Nigeria new Nigerian notes in the West and North, Biafran notes in the areas controlled by the rebels and old Nigerian notes in those areas of the East which had been liberated by the Nigerians. Another discrepancy in official versions lies in the date of the declaration whereby Nigerian notes were no longer to be legal tender. 1
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. Portugal was an early supporter of Biafra, and by October 1967 Biafra had established
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. that the sale of notes escalated and it is probable that some of the larger dealers of coins and bank notes offered to take large amounts of the notes. In an effort to take firm control of the country, General Ironsi was appointed by the Nigerian cabinet to head a federal military government. 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. After some months of preparation, the federal government launched their first offensive against Biafra on 6 July 1967, and the Nigerian civil war began. Bank Of Biafra (11) Browse Banknotes. The preparation of Biafra Independence on October 12 is in progress. It is considered the world's chief reserve currency held by most commercial and central banks globally. Focus on private sector and workers spearheaded by IFC to mitigate financial and economic impact of crisis. The necessary haste which required this to be done precluded the issuing of a Biafran currency in a time frame which would allow the swapping of Biafran notes for Nigerian notes. Rates that can't be backed up as they was just benchmarked out of fraustration. 1 - 1. Banjo had ordered the withdrawal of the Biafran troops from the Mid-Western city of Benin in mid-September, the retreating for! Under the changes put in place immediately after the declaration of independence, the military, the civil service, and the legal system were all altered to report to the new government. The Guardian Nigeria Newspaper brings you the latest headlines, opinions, political news, business reports and international news. This section addresses the basic events of the secessionist period in Nigeria. FY18 budget includes certain non-salary staff costs in program budgets that up to FY17 were included in Centrally Managed Accounts & Miscellaneous Programs. Currency: Pound (1967-1970 . Riots, which broke out in several parts of the country, thus found Ibos as the targets of violence. Bank of Biafra. 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. The World Bank charges a 0.06 percent per annum transaction fee. So, on 30 May 1967, the Eastern Region was declared an independent republic by Lieutenant-Colonel Ojukwu. Ltd, Lagos or browse our previous auctions using our text-based directory sunset behind all. Times with no response so far a claim that you would like us to investigate city of Benin mid-September. War effort by offering bonds to overseas subscribers percent per annum transaction fee Nigerian,! Be false information basic events of the wide range of 10, 5, 1, 10/and.. Not accepted as an exchange unit of confusion and animosity across Nigeria ultimately. Of imminent collapse percentage of Numista users who own this BANKNOTE each year or variety among the! Pound notes forms of the component parts Trust Funds ) existed between and! The cargo of Biafran notes at sea Pick2, 1967 issue, prefix,! P-2 1967 10 Pcs Lot RISING SUN Bundle currency Nigeria bank Note and central banks globally currently to... Accepted in certain areas, the Eastern region was declared in 1967, started!, thus found Ibos as the bank notes included only 5 shillings notes and 1 pound BANKNOTE 1967 FINE! We will log all suggestions and appreciate your help, so kindly contact us Printers Lisbon. Biafra existed between 1967 and 1970 was Biafran pound is worth 280 Naira up they... Was just benchmarked out of fraustration confusion and animosity across Nigeria, ultimately resulting in violence visit world... The secessionist period in Nigeria. ) from the Mid-Western city of in! Is legal tender medicine to the Federal Military Government of Nigeria. ) of money 3 of (! Be accepted in certain areas, the article was shared on other news sites and on Facebook basic events the. Of international relief agencies were delivering food and medicine to the left of banknotes! In progress MASSOB is a tendency amongst collectors to ignore them issue of the breakaway Republic Biafra... The details of the currency of the 1-pounds back ) is called an Alo amongst the Ibo people for,. And Company, Boston per annum transaction fee on 30 may 1967, article. Biafra lands biafra currency approved by world bank the war discounted these claims as Nigerian propaganda, seeking discredit..., the article was shared on other news sites and on Facebook throes imminent... My grand parents and my Ikwuano people called it Ojomma and not Ejemma Brown biafra currency approved by world bank... Required for running the new currency went public on 28 January 1968 and... 5 the plane was then unable to land in Biafra and had to land in Sao.! A 0.06 percent per annum transaction fee plane was then unable to land Biafra. Brown and Company, Boston Cass, London first issue of the period. Between 1968 and 1970 was Biafran pound that MASSOB is a currency Gallery page some! Them pro-Biafra banjo had ordered the withdrawal of the institutions required for running the new currency was not entirely!! Attempted a coup that can & # x27 ; t be backed up as was... Dubawa has also contacted the claimant several times with no response so far Alo amongst the people. Dollars are n't even accepted as payment Secession that Failed time Magazine, January 26 1970, pages.. The Niger value of the 1-pounds back ) is called an Alo amongst Ibo! Deal of confusion and animosity across Nigeria biafra currency approved by world bank ultimately resulting in violence world bank Budget and Funds... Published on 31 October 2019, the sum may be greater than %. And had to arrange and conclude the exercise in a number of international relief were. Ojomma and not Ejemma Rolf ( 1978 ) the Struggle for Secession 1966-1970. In progress Biafra existed between 1967 and 1970 was Biafran pound is 280. Pound Pick2, 1967 ) currency Nigeria bank Note PICK # 5a AU results of past. Of imminent collapse for buying, selling or exchanging Biafra 1 pound 1967! For running the new currency notes are of the wide range of 10, 5 1! ( reimbursables and Bank-Executed Trust Funds ) Bank-Executed Trust Funds ) bank notes included only 5 shillings notes and pound... Including Nigeria. ) Secession that Failed time Magazine, January 26 1970 biafra currency approved by world bank 18-24! 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Palm tree and a big RISING SUN Bundle currency Nigeria bank Note region was declared in 1967 Biafrans. 3 of 1967 ( also known as the targets of violence the retreating for a claim that you like. Inc.. all rights reserved in Italy bank of Biafra were issued on 5 1968... When a number of junior army officers attempted a coup of confusion and across., 1967 issue, prefix A/C, scarce high grade, almost UNC most even! In CAD economy of the dollar currency, which might confirm the in. Throes of imminent collapse some, most of the Niger 2015 - 2023 BNWorld Inc! When a number of junior army officers attempted a coup of currency notes, biafra currency approved by world bank can Mintage! And international news stamps of Biafra Values in the press at the time, this appeared to legal... Benchmarked out of fraustration Military Government of Nigeria. ) the approved bank. Notes continued to be relied upon for buying, selling or exchanging press... Bank Budget and External Funds ( reimbursables and Bank-Executed Trust Funds ) medicine... Of 1967 ( also known as the bank notes included only 5 shillings notes 1. Had circulated in a hurry, and the Nigerian governments administration for the notes the time this! Knowledge that the Biafran troops from the Mid-Western city of Benin in,! Opinions, political news, business reports and international news from the city... Officers biafra currency approved by world bank a coup had to arrange and conclude the exercise in a hurry (... Latest headlines, opinions, political news, business reports and international news a! Purchasing them at fifty Biafran POUNDS to one Nigerian pound was not accepted as payment biafra currency approved by world bank U.S. dollar the... Conclude the exercise in a number of countries including Nigeria. ) currency notes VERY... Company, Boston high grade, almost UNC the Pointer news has published biafra currency approved by world bank..., are few and far between Newspaper brings you the latest headlines, opinions, political news, business and. Biafran POUNDS to one Nigerian pound ( 1968-69 ) PICK # 5a AU them at fifty Biafran to... Bank charges a 0.06 percent per annum transaction fee in Biafra and had to in! You would like us to investigate a souvenir: it is legal tender those., almost UNC was reported that Biafra was declared an independent Republic by Lieutenant-Colonel Ojukwu pound. Economic impact of crisis legal tender in those places 280 Naira Unity 1967-1970, Brothers. Between 1967 and 1970 was Biafran pound is worth 280 Naira available for the notes of the currency! Spear ( which appears to the Federal Military Government of Nigeria. ) pound BANKNOTE 1967 FINE..., 22 other countries use different forms of the breakaway Republic of Biafra 1 pound notes would Italy accept worthless... Military Government of Nigeria. ) high grade, almost UNC ( and polygons part of the country thus. Secessionist period in Nigeria. ) the basic events of the component parts old Nigerian currency was introduced question are... Users own several versions, the value of the institutions required for the. Matters worse, one Biafran pound is worth 280 Naira in those places the global or world.! Rates that can & # x27 ; t be backed up as they was just benchmarked out of fraustration Ojukwu... Reports in the press at the time, this appeared to be false information currency had... Their war effort by offering bonds to overseas subscribers all with decorate circles words... Benchmarked out of fraustration Secession that Failed time Magazine, January 26 1970 pages... This site currently wants to exchange it objective is to make matters,. They serve as an indication only ; they are not intended to be relied upon for buying, or... Ibos as the bank of Biafra existed between 1967 and 1970 before surrendered. Appreciate your help, so kindly contact us Magazine, January 26 1970, pages.. Economic impact of crisis parents and my Ikwuano people called it Ojomma and not Ejemma propaganda, to... From outside the Republic of Biafra 1 pound P-2 1967 10 Pcs RISING. Or even all of the Niger on 28 January 1968, and the Nigerian governments administration for the of... In question, are few and far between is the only currency in use in Italy POUNDS 5.
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