Currency | History
of Nigerian Currency | Legal Tender
Alhaji Aliyu Mai-Bornu
Mallam Aliyu Mai Bornu was born in1919 and began his
elementary school in 1932. He was later on transferred to Yola Middle School
from where proceeded to the then Kaduna College in 1938 and passed out in 1942
after qualifying as an English Language Teacher.
Mallam Mai Bornu taught English at his alma mater, Yola Middle School from 1942
to 1946 and then proceeded to Kaduna College where he served in the same
capacity. In 1954, he served as House Tutor at the Veterinary School in Vom
before proceeding to Bristol University that same year, to study Economics.
After his graduation in 1957, he returned to Nigeria and served with the
Northern Nigeria Public Service as an Administrative Officer where he held
various positions before his secondment to the Central Bank of Nigeria in 1959
as an Assistant Secretary. At the CBN, Mallam Mai Bornu went on to become the
Deputy Secretary and Secretary before his appointment as Deputy Governor in
1962. He became the first indigenous Governor of the Bank in 1963 and retired
from its service in 1967. He was thereafter appointed Director and General
Manager of the Nigerian Tobacco Company (NTC). Although he resigned his
appointment at the NTC in 1969, he continued to serve as a member of the Board
of Directors until his death on the 23rd of February, 1970.
N1000 | N500
| N200 | N100
| N50 | N20
| N10 | N5
50 Kobo |
| 1965 |
| 1973 |
| 1979 |
|Facts : 7/1/1959
|BOARD OF DIRECTORS:The Management of the CBN is placed under a Board of Directors which is responsible for the Policy and General administration of the Affairs and Business of the Bank.Under the original statute,the Board was composed of the Governor as Chairman,a Deputy Governor and Five other Directors all of whom were appointed by the Federal Government.
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