Home currency mamangement

Currency Management

Issue System | History of Nigerian Currency | Legal Tender |
Currency Gallery | Security Features

Chief Obafemi Awolowo (1909-1987)

Chief Obafemi Awolowo, Nigerian nationalist and political leader, was born in Ikenne, a town in Ogun State. The son of a farmer, Awolowo trained as a lawyer. He became involved in politics in the 1940's and organised the Action Group in 1951. He was elected Premier of Western Nigeria from 1954 to 1959, after which he became the opposition leader in the Federal House of Representatives. An unyielding advocate of federalism and socio-economic programmes, he was arrested in 1962 for allegedly plotting to overthrow the government. Imprisoned in 1963, he was freed three years later by General Yakubu Gowon, head of Nigeria's military government, who appointed him the Federal Commissioner for Finance and Deputy Chairman of the Federal Executive Council, a position he resigned in 1971. In 1979, he ran unsuccessfully for president. He died on May 9, 1987

Chief Awolowo's portrait appears on the front of the N100 Note

Notes: N1000 | N500 | N200 | N100 | N50 | N20 | N10 | N5
Coins N2 | N1 | 50 Kobo |
Withdrawn:
 Earlier | 1959 | 1965 | 1968 | 1973 | 1977 | 1979 | 1984 | 1991 | 2007  

Facts : 1/1/1900
Federal Ministry of Finance:The Federal Ministry of Finance (FMF) advises the Federal Government on its fiscal operations and collaborates with the Central Bank of Nigeria (CBN) on monetary matters. Before 1991, the responsibility for the supervision and licensing of banks was shared between FMF and CBN until 1991 when CBN became the sole authority.
See All: Facts | Events

Related Links
One Hundred Naira
History of Nigerian Currency
Issue System
Legal Tender
Events & Facts
History of Central Bank of Nigeria
Refer this webpage to a friend  Print this page  Return to the top of this page

Permission is granted to reproduce or cite portions herein, if proper attribution is given to the Central Bank of Nigeria.
This Site is designed and maintained by the Web Team of the Central Bank of Nigeria ©2006, Central Bank of Nigeria. All rights reserved
.
 Legal Disclaimer  | Mail & 419 Disclaimer | FAQ's | Privacy Policy | Feedback | Subscribe to our RSS Feed Subscribe to CBN Really Simple Syndication.