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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Withdrawn: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 |
|---|
| BOFIA:In 1991, the Bank s and Other Financial Institutions Act (BOFIA) formerly BOFI was promulgated to replace the CBN Act of 1958 and the Banking Decree of 1969 (including later amendments). The policy brought the non-bank financial intermediaries under the supervision of Central Bank of Nigeria. |
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