How many of you have seen the new naira notes? Is it the most beautiful note you've ever seen or what? I went to the bank today and was given the notes and I just couldn't believe I was staring at our naira notes. There's a huge difference between this new ones and the old ones.
This are some differences I noted
The new naira notes are shorter in lenght and smaller in size.
The twenty naira has a transparent Nigeria's cote of arm on it.
The new notes all have their value written in Nigeria's three major Languages, Igbo, Yoruba and Hausa.
The new notes cannot easily be folded. When you try to fold it, It unfolds itself. It can't be easily squeezed and ruffled.
The new notes don't seem to be printed with paper. I'm not sure what exactly it's made of but I'll find out and let you guys know
The new notes now have pictures of women on them unlike the old notes
The new twenty naira, which is the finest of them all, is much greener than the old note
The Ten naira note looks like the 'euro', just a lot more beautiful
Only the five ten, twenty and fifty naira notes were changed. The one, two, five hundred naira notes will remain as they are, at least for now. And did I mention the re-introduction of coins? Yes...we now have one, two and five naira in coins. So now we can buy sweet or chewing gum for one naira instead of the regular three for five naira.
This notes were formally introduced to Nigerian's yesterday, February 28th, 2007.
The central bank has said that the old noted can be used up until ending of may, when hopefully it would have fizzled out. In otherwords, from June 2007, all the old notes will be unusable.
If the Central Bank of Nigeria Governor, Charles Soludo, was running for 'Office', I would have voted for him. He's a visionary and has done more for our currency and economy than any other Governor before him. These are the kind of people we need in Nigeria. Congratulations to all Nigerians. Hopefully oneday, our economy will give us something to rejoice about
Thursday, March 1, 2007
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