Design:
The N1000 note is the highest denomination in circulation. Machine engraved patterns of various characters appear on the
design. These patterns provide the tactile quality so essential to the security
of the banknote. Bold colours have been used on the background tint to link
securely with the engraving and help give a distinctive identification to the
design. It has an Optical Variable Ink (OVI) triangle, a kinegram and iridescent
band as additional security features.
On the front of the note are the portraits of Alhaji
Aliyu Mai Bornu and Dr. Clement Isong
- who were the first and second indigenous Governors of the Central Bank of
Nigeria. At the back of the note is the picture of CBN's corporate Head Office
in Abuja, Federal Capital Territory of Nigeria.
NEEDS:National Economic Empowerment and Development Strategy was developed by the National Planning Commission, then headed by Prof Charles Soludo. It was endorsed by the Federal Executive Council of Nigeria as a poverty-alleviating strategy. The aim of the scheme was to meet the Millenium Developoment Goals of curbing the menace of poverty in Nigeria and bringing it to the barest minimum by the year 2015.