NaijaQuest.Com

Exchange Rates, Richest Nigerian African Best Ranking World Best Information

100 Naira Note – Interesting Facts & Name Of The Face On One Hundred Naira Note

₦ 100 Naira Note – Interesting Facts & Name Of The Face On One Hundred Naira Note

Suited in the southern coastal part of West Africa stands tall Nigeria the “Giant of Africa” the populous nation in the continent of Africa and seventh most populous nation in the world. Nigeria got her independence from Britain on October 1st, 1960. ( Interesting Facts About 100 Naira Note ).

One thing Nigerians love in common is money. Yes money: the “ego”, the “pepper”, the “moolah”. Who doesn’t love money?  If you want to stop a Nigerian baby from crying just dangle a Naria note at him and watch him smile back at you.

Well, Money is the most basic requirements to live a happy and healthy life. We need to buy food, drugs, clothes,  pay electricity bills, school fees, and other services. Money boosts the status and respect of a person in the society like my grandfather once said. “When a man makes money even strangers claim to be is relative”. Unlike plants and animals, money defines the existence of the human society as you and I cannot survive without it.

100 Naira Note

Picture Of 100 Naira Note Front

The Naria which is represented by the symbol (₦) is the official currency of our great nation, Nigeria. Before the birth of Naria, Nigeria made use of cowries, manilas, pounds, and shillings as a means of payment of goods and services. On January 1, 1973, the Central Bank of Nigeria introduced  Naira notes.

The Naria is printed by the Nigerian Security Printing and minting company and issued by the Central Bank of Nigeria. Every Nigeria Naria notes have a portrait of a heroic figure on it. but it is quite alarming that 85% of Nigerians don’t know the name or any information about the portrait on our beautiful Naria. Now,  let’s take an informative and educative journey on one of the most used currency among Nigerians – the ₦ 100 Naira note.

THE ₦ 100 NAIRA NOTE

The ₦ 100 naira note emerged in December 1999.The ₦ 100 naira note is one of the most used currency among Nigerians to the extent it is now a daily phrase among public bus drivers and “conductors”. Before you board rickety public buses in places like Benin, Lagos, Warri and Port-Harcourt you will hear phrases like ” Oga ₦100  with change o”, ” Abeg Hold your ₦100 I nor get change o” etc.

The ₦ 100 naira note has the portrait of Chief Obafemi Awolowo. To celebrate Nigeria hundred years of existence, Former President Goodluck Jonathan unveiled a new ₦ 100 naira note ( Centenary ₦ 100 Naira note ) on the 12th of November, 2014.  The new ₦100 note still retained the iconic figure of  Chief Obafemi Awolowo.

Interesting Facts About 100 Naira Note – (One Hundred)

  1. IT IS THE MOST USED: The ₦ 100 naira note is the most used note among Nigerians daily. 
  2. IT IS HAS TWO IDENTITIES: With the advent of the centenary  ₦100  note, the ₦100 is the only currency with two unique and acceptable identity.
  3. IT IS A DIGITAL NOTE: The centenary ₦100 note has a Quick Response Code (QRC) when the barcode is scanned with a smartphone it shows up history about Nigeria.
  4. IT IS FADING OUT OF. Due to the cashless policy, the Central Bank of Nigeria no longer prints ₦100 note. Many Nigerians have voiced out their displeasure on the scarcity of the note. if the ones in circulation become worn and torn out, it is a bye-bye to the ₦100 note.
  5. IT IS THE MOST ABUSED: Owing to the fact it is mostly in the hands of ill-mannered bus conductors, who don’t think twice before squeezing It in their sweaty and filthy palms, It has become the most abused Naira note in Nigeria.
  6. IT IS MOST USED FOR CHURCH OFFERINGS: In 2014 and 2017 an online survey among Nigerians churchgoers was conducted and 75% confessed that their favorite offering every Sunday is the ₦100 note.
  7. IT AS A CONICAL SERIAL NUMBER: The centenary ₦100 note as A unique seven digit serial numbering, consisting of letters and numbers printed on the front side. The horizontal number is conical, that is, it grows in height from left to right.
  8. THE VISUALLY IMPAIRED CAN IDENTITY IT: The centenary ₦100 note as Tactile marks for the visually impaired: Pronounced raised lines can be easily felt on the left and right corner on the front of the note.
  9. IT IS THE LEAST DOMINATION OF PAPER MONEY: With the metamorphosis of ₦5, ₦10, ₦15 and ₦20 into polymer notes,  The ₦100 note is the least denomination of actual paper money in Nigeria.
  10. IT IS THE MOST ATTRACTIVE AND DURABLE; In terms of attractiveness and durability the century ₦100 wears the crown.
Pictures Of 100 Naira Note Back

Pictures Of 100 Naira Note Back

WHO IS ON THE FACE ON THE ₦100 NOTE

The never changing Face on the ₦100 note is no other person than Chief Obafemi Jeremiah Oyeniyi Awolowo. He was born on the 6th of March  1909. He was a dogged Politician, Seasoned lawyer, nationalist, Author, and statesman who played a vital role in Nigeria struggle for independence. Chief Obafemi Jeremiah Oyeniyi Awolowo died on the 9th of May 1987.

TEN INTERESTING FACTS ABOUT CHIEF OBAFEMI AWOLOWO

  1. HE COINED THE WORD NAIRA: After much debate on what the currency should be called, Chief Obafemi Awolowo suggestion “Naria” which he extracted from the word “Nigeria'” was wholly accepted. 
  2. HE ERECTED THE FIRST SKYSCRAPER IN TROPICAL AFRICA: The ancient city of Ibadan is the home of a 24 story magnificent structure Called the Cocoa House.
  3. HE PIONEERS FREE HEALTH CARE AND EDUCATION: Chief Obafemi Awolowo was a philanthropist who pioneered free primary education and healthcare in Nigeria.
  4. HE ENJOYED POUNDED YAM AND OKRO SOUP: In an interview with Punch newspaper, his daughter Tokumbo Awolowo attested that his Favorite meal was pounded Yam and Okro soup.
  5. HE BUILT A STADIUM: The Liberty Stadium located in Ibadan is the first of its kind in Africa.
  6. HE WAS IMPRISONED: In 1963 Chief Obafemi Awolowo was found guilty of conspiring to overthrow the government of Nigeria and was sentenced to three years of imprisonment. During his time behind bars, his son who was on his way to visit him had an accident and died.
  7. HE ESTABLISHED THE FIRST TELEVISION STATION  IN AFRICA: On October 1st, 1959, Nigerians shouted with joy when their black and white TV screens light up with a news Programme with the logo WNTV (Western Nigeria television) on the left side. WNTV is now called NTA ( National Television Authority).
  8. HE WAS HIGHLY HONOURED: Chief Obafemi Awolowo was honoured with many chieftaincy titles, from  Odole of Ife, Asiwaju of Remo, Apesin of Osogbo, Asiwaju of Yoruba etc He was a Chief among chiefs and also the only Nigerian till date with a GCFR title and was never a president. GCFR stands for; Grand Commander of the of the Federal Republic of Nigeria.
  9. HE CHANCELLOR TWO UNIVERSITIES: He was a Chancellor of Ahmadu Bello University, Zaria, and the University of Ife which was named after him – O.A.U ( Obafemi Awolowo University).
  10. HE WAS NEVER NIGERIA PRESIDENT: Chief Obafemi Awolowo contested for the Presidential seat of Nigeria which he lost three times.

That’s all about Interesting Facts About 100 Naira Note & Name Of The Face On One Hundred Naira.

Related: 

Tags: Interesting Facts About 100 Naira Note & Name Of The Face On One Hundred Naira

Updated: April 17, 2018 — 2:46 pm

Leave a Reply

Your email address will not be published. Required fields are marked *

NaijaQuest.Com © 2018
error: Content is protected !!