• Short Summary

    EAGER CROWDS QUEUED AT BANKS IN EASTERN NIGERIA - WHICH CALLS ITSELF BIAFRA - WHEN A NEW ISSUE OF BANK???

  • Description

    EAGER CROWDS QUEUED AT BANKS IN EASTERN NIGERIA - WHICH CALLS ITSELF BIAFRA - WHEN A NEW ISSUE OF BANK???CTES WAS MADE EARLIER THIS MONTH. THE NEW CURRENCY IS A ONE-POUND NOTE IN SKY BLUE, ABOUT THE SIZE OF A U.S. DOLLAR.

    THE BREAKAWAY STATE'S RISING SUN SYMBOL APPEARS ON ONE SIDE OF THE NEW NOTE AND A PALM OIL TREE - SOURCE OF MUCH OF BIAFRA'S REVENUE -ON THE OTHER.

    WHEN THE NOTES WERE ISSUED ON 30 JANUARY, BIAFRA'S ECONOMIC ADVISER, DR. PIUS OKIGBO, SAID THAT THE NOTES HAD BEEN IN STORAGE SINCE SOON AFTER EASTERN NIGERIA BROKE AWAY TO FROM THE STATE OF BIAFRA.

    IT WAS ISSUED IN REPLY TO FEDERAL NIGERIA'S ACTION EARLIER IN THE YEAR, OF SUPPRESSING A NIGERIAN NOTE ISSUE TO PREVENT BIAFRANS USING IT FOR ARMS PURCHASES.

    BIAFRANS DRAWING THE NEW NOTES FROM BANKS FORMED LONG QUEUES IN MANY TOWNS. NEW POSTAGE STAMPS, TOO, HAVE BEEN ISSUED BIAFRA.

    FEDERAL NIGERIA HAS WARNED FOREIGN BUSINESSMEN THAT IT WILL NOT RECOGNISE THE BIAFRAN CURRENCY WHEN HOSTILITIES BETWEEN AT AND THE BREAKAWAY STATE ARE AT AN END.

  • Tags

  • Data

    Film ID:
    VLVA28R5XQIYYORQBDIOEX0X12QR6
    Media URN:
    VLVA28R5XQIYYORQBDIOEX0X12QR6
    Group:
    Reuters - Including Visnews
    Archive:
    Reuters
    Issue Date:
    15/02/1968
    Sound:
    Unknown
    HD Format:
    Available on request
    Stock:
    Black & White
    Duration:
    00:02:26:00
    Time in/Out:
    /
    Canister:
    N/A

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