The Nigerian Civil War (also known as the Biafran War, Biafran Genocide and the Nigerian-Biafran War) was a civil war in Nigeria fought between the government of Nigeria headed by General Yakubu Gowon and the secessionist state of Biafra led by late Lt. not in this world will biafra stand maybe in the next world it might b possible but in this present world na lie. 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. 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. Africa; Sport; Nigeria; World News; Politics; Opinions; Gallery; World News Banjo had ordered the withdrawal of the Biafran troops from the Mid-Western city of Benin in mid-September, the retreating for! Top Rated Plus. Records of the introduction of Biafran currency, which might confirm the dates in question, are few and far between. 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. And, it is not just a souvenir: it is legal tender in those places. 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. To purchase military equipment on the open market, Biafra had to have foreign exchange, and the efforts of the Biafrans to obtain this foreign exchange were quite exhaustive and quite varied. According to documents illustrated in the Daily Times (Lagos) on 9 August 1967, the mineral rights – for columbite ore, uranium, coal, tin concentrates, natural oil, and gold ore – were ceded to the ‘Rot(h)schild Bros Bank’ for a period of ten years. (From other reports in the press at the time, this appeared to be the general rate available for the notes. 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 Referendum must surely come as Nnamdi Knau and all the IPOB members are looking forward to the next meeting with the EU, US, and UN for the Biafra announcement. When many Ibos decided to forsake their homes and businesses, and flee the violence in various parts of Nigeria to return to their homelands, it was Lieut.-Col. Ojukwu who advised them to return to their homes and businesses, assuring them that peace would be returned under the new government. Realising that the currency was unlikely to be accepted outside Biafra, Dr. Okigbo also stated that the lack of international acceptance and an according exchange rate was immaterial since the currency was intended only for circulation in Biafra. Most commentators on Biafra’s bank notes report that the first issue occurred immediately after the declaration of independence – but this is not correct. ‘five shillings’. Nigeria was for many years a British colony, but in 1960 it became an independent Federation of three regions – Northern, Western, and Eastern. ‘The question of central banking and coinage is something which must be very carefully looked into. But the rate of exchange at the spot market also called the … of over 40% their face value. Because the notes are very common there is a tendency amongst collectors to ignore them. 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. To have a better understanding about biafran currency notes, you can visit Mintage World … It is also known that one of Ojukwu’s financial advisers was based in Switzerland at the end of the war. a heinous action. The 10-pound note has a male carver depicted on its back, as well as having the coat of arms in a white disc to the left. Biafra Oil Refinery, no fewer than U.S. President Donald Trump has fully supported Biafra Referendum with $200Billion US Dollars to build Biafra oil refinery, the leader of the Indigenous People of Biafra Mazi Nnamdi Kanu got the message from Trump that the money will be forward to his account during their next meeting in the US. 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. – 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. Comments made in a speech by General Ojukwu in February 1969 (a year after the events), reflect the public despair that was expressed at the Nigerian decree (although Ojukwu himself could not have been surprised): ‘The government has long been aware of the terrible experiences of our people over the issue of currency. Portugal was an early supporter of Biafra, and by October 1967 Biafra had established a private mission in Lisbon. 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. There is also the usual text associated with any bank note – the name of the country, ‘Republic of Biafra’; the name of the bank, ‘Bank of Biafra’; the ‘promise to pay on demand the sum of ...’; and the value of the note, e.g. – Einzig, Paul (1949) Primitive Money, Eyre & Spottiswoode, London. It is not known exactly when these notes were introduced, but it was probably around February 1969, as Gen. Ojukwu announced the following in a speech to the Consultative Assembly and Council of Chiefs and Elders on 10 February: ‘I am happy to announce to you that we have now been able to produce real Biafran currency of the highest quality. They are out breeders, an artifact of their conversion to Christianity. Edujandon.com reports that this development is coming a few weeks after the self-acclaimed President of Biafra, Barr. However, matters became critical in January 1966 when a number of junior army officers attempted a coup. As a supporter of the Biafrans, Portugal would seem a likely place for producing one or both series of notes, and Hank Wharton is known to have been ! (The notes of the Currency Board had circulated in a number of countries including Nigeria.). I took the money to some of my friends. The back of the 10-shilling note uses the manilla in the same manner as the 5-shilling note (enclosing the value of the note in a white disc) and has a picture of an oil refinery – possibly the one at Port Harcourt. Save biafra coin to get e-mail alerts and updates on your eBay Feed. The 2017 tax cut cost $1.5 trillion, blowing the deficit past the trillion dollar mark this year. 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. 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. C $408.59; Buy It Now; Free Shipping ; From Singapore; Nigeria Biafra 10 shillings 1968 Palm Tree on Raising Sun P4 UNC. 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. – Ojukwu, C. Odumegwu (1969) Biafra – Selected Speeches and Random Thoughts, Harper & Rowe, New York. With the short time at our disposal, we could only produce notes in denominations of £1 and 5/-; we could not produce coins. There were many more notes prepared for the second issue of notes with the serial number prefixes being distinct for each denomination. GA to GW  (except GI & GO)      19 million, £1   BA to BZ  (except BI & BO)      24 million, CA to CZ  (except CI & CO)      24 million, DA to DX  (except DI & DO)      22 million, £5   WA to WF                         6 million, £10   ZA to ZC                         3 million. The back of the 1-pound note carries the Biafran coat of arms above a wreath (constructed of two sprigs of unidentified leaves), and a ceremonial spear behind the disc in which the value of the note is held. 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. It is not known whether the sets were sold at the behest of the Biafrans, or by their agents in an effort to recoup unpaid costs. – The Times newspaper – London, United Kingdom, (The references in brackets refer to the page number and column location of the relevant article. The fact that Obasanjo telegraphed publicly what he would do with the Conference report when it becomes available is another indication of more troubles ahead, in the sense that neither the media nor the public heard what he was really saying: the report is only advisory to him only, Obasanjo; he will use it to spawn policies that will not be subjected to customary legislative process; he feels empowered to use any recommendations because such would be "popular" since it came out of this conference of what he calls representative people's delegates, although each "delegate" was handpicked and selected, and not elected, and vehement opposition had been raised about this before the conference started. Biafra was an Igbo enterprise, who are a remarkable people. These Swiss connections support the argument of one or more issues being printed in Switzerland. Time left 3d 11h left. 26 Likes 1 Share; Re: Bank Of Biafra Currency Found (photos) by Janet101(f): 10:52am On May 01, 2015; Eh ya, half of a yellow sun . 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. 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. One of the barriers to this loose association would have been the different currencies, but Ojukwu did not see this as an insurmountable problem, and his subsequent desire to retain the Nigerian currency for Biafra may be ascribed to his desire to retain a single unit of currency in a confederation of states (which is what he hoped his secession would bring). Their use was very popular amongst the Ibos until recent times and they were only demonetised during the 1940’s. 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. Beresiner and Narbeth (in The Story of Paper Money) claim that the notes were printed in Portugal and Switzerland, and this seems to be a reasonable proposition. During the war Biafra reported terrific atrocities by the Nigerians against her people, and reports of starvation which cost hundreds of thousands of Biafran lives became widespread. Use a dash to exclude the coins matching with a word or expression. 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. The first notes denominated in 5 shillings and £1 were introduced on January 29, 1968. Another external source of revenue that was rumoured to have come to the Biafrans, was an advance of six million pounds against the promise of mineral rights. (Titled men are part of traditional societies or brotherhoods.). Nearly all bank notes are printed on paper which does not fluoresce under ultra-violet light, and the use of fluorescing paper for these notes points very much to it being an emergency issue. 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. Click here for collectible banknotes! 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. It appears that the authorities in Lagos would not release the new Nigerian bank notes in those areas of the Eastern Region which had been liberated from the Biafran ‘rebels’, for fear that a bank full off the new notes may be captured in a counter-offensive. However, the first numeral in the serial number for all notes of the second issue is always zero. Keep in mind that MASSOB is a non-violent organization. In an effort to take firm control of the country, General Ironsi was appointed by the Nigerian cabinet to head a federal military government. Each prefix has ten million numbers, there fore the number of notes prepared for this issue are estimated to be: 5s. There are a number of ethnic groups in Nigeria with no group being a clear majority, however the Northern region was dominated by the Hausa, the Western by the Yoruba, and the Eastern by the Ibo (or Igbo). The difference being that the Eastern Region’s 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. This may have been one of the reasons why so many Biafran notes remained in Europe undelivered – they were a cargo that could bring little practical purpose. Although Biafra had made a concerted effort to produce the second series of higher quality bank notes, it would appear that their circulation was limited. 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