Today In History: September 30th

September 30, 1967

On this day, the Military Governor of the Western State, Brigadier Adeyinka Adebayo, said in Ibadan that the problem which would confront us as a people after Ojukwu’s rebellion was crushed would be enormous. In a message marking the seventh anniversary of Nigeria’s independence, Brigadier Adebayo said that efforts must be made to restore our economic life “which had suffered considerable setback.”  He added, “The unity of Nigeria for which we took up arms against the rebellion of the secessionist must be sustained.”
Following are excerpts from his national day message:
“The national day a year ago found us in the middle of a national crisis which had just been heightened by the breakdown of the constitutional talks. Aburi came and went and left behind a trail of misunderstanding and mistrust. Those were unresolved and sanctions against the rebellious acts of Ojukwu and his supporters became necessary. Those sanctions grew from the economic to the military and this grew from police operations to full military operations which on this national day of 1967  has reached a climax in the siege of the rebel capital of Enugu. The Federal Military Government stretched patience to the utmost limit to avert it. Men of goodwill inside and outside Nigeria who were anxious to preserve the unity of the country also made strenuous efforts to bring about reconciliation. These proved to be of no avail and the evil of secession which raised its head had to be eliminated by all the forces at the command of the Federal Military Government.
On this national day, we must all be thankful that the integrity of the greater part of Nigeria has been inviolate, and that the integrity of the Mid-West State which was so treacherously betrayed has been restored. In a short time, it is my belief that the integrity of the whole of Nigeria will be restored and our country will be able to enjoy undisputed sovereignty over all its territory. Our praises must go, this day, to the Federal troops who have sacrificed everything in order to crush Ojukwu rebellion. They are still at the battle front poised to finish the job. We must also be thankful for the able leadership which has made their success possible.
We must on this national day bear in mind that the problem which will confront us as a people after the rebellion is crushed will be enormous. Our economic life which has suffered considerable setback must be revived. The unity of Nigeria for which we took up arms against the rebellion of the secessionist must be sustained. We must be magnanimous in our dealings with those who fought on the side of the secessionist. We must curb avarice in whatever form it appears.”

September 30, 2009

On this day, the redesigned N50, N10 and N5 banknotes from paper to polymer by Mallam Sanusi Lamido, governor of Central Bank of Nigeria, were launched by President Umaru Musa Yar’Adua to mark Nigeria’s 49th Independence anniversary. The notes were converted to polymer substrate following the successful performance of the polymer N20 banknote. With these, all lower denomination banknotes were now printed in the polymer substrate. The glossy N20 note was earlier introduced by the Central Bank of Nigeria (CBN) when Prof. Charles Chukwuma Soludo was the governor to replace paper notes.

When he was briefing the press before the launch, Mallam Sanusi Lamido stated that polymer notes are known to last longer in circulation and was 1.8 times the cost of the paper notes but last four times longer than the paper notes. It does not tear easily, nor get soiled easily. According to him, the N20 note on polymer was a test case to determine the advantages and demerits of polymer substrate and its acceptance; and the lower denominations are being reprinted because of their frequency of use by Nigerians.

He said; “The existing denominations of N5, N10, and N50 paper notes remain legal tender and will circulate side by side with the new polymer notes for the next six months. The new N5, N10, and N50 polymer notes have retained their current sizes, designs and other key elements. Only the watermark has been replaced with the transparent window and G-switch which turns from green to gold when the note is tilted.”

President Umaru Yar’Adua, while launching the redesigned N5, N10 and N50 bank notes, this day, by the Central Bank of Nigeria (CBN), called on Nigerians to support CBN on “Keep the Naira Clean Campaign,” which is aimed at checking the abuse of the currency. Receiving the new notes from the bank’s Governor, Mr. Lamido Sanusi, at the Council Chambers of the Presidential Villa, Abuja, before the weekly Federal Executive Council meeting, Yar’Adua stated that, “The redesigning of the lower banknote denominations and coins, as well as the introduction of a N2 coin in February 2007 represented a comprehensive reform strategy aimed at enhancing the efficiency of the currency structure”.

Leave a Comment

%d bloggers like this: