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The new notes were unveiled on the 23rd of November 2022. [5] No changes were made on the existing features, only the overall colour of the note was changed. [6] President Muhammad Buhari said that the old 200 notes could be used till 10 April 2023. The notes are still in use.
In Buhari's New Year's Day speech, he too mentioned the corrupt class of the Second Republic but also as the cause of a general decline in morality in society. [ 46 ] Head of State (1983–1985)
[59] [60] President Muhammadu Buhari officially unveiled the new notes at the state house after 19 years since the naira was redesigned. [61] The newly redesigned naira notes were planned to be printed by The Nigerian Security Printing and Minting Company Limited which will make the country one out of the four Africa countries who print their ...
Muhammadu Buhari's tenure as the 15th president of Nigeria began with his first inauguration on 29 May 2015, and ended on 29 May 2023. A retired general and member of the All Progressives Congress from Katsina State, he previously served as military head-of-state from 31 December 1983 to 27 August 1985, when he was deposed in a military coup led by General Ibrahim Babangida.
In May 1961, the Bank launched the Lagos Bankers Clearing House, which provided licensed banks a framework in which to exchange and clear checks rapidly. By 1 July 1961, the Bank had completed issuing all denominations of new Nigerian notes and coins and redeemed all of the British West African pounds that were circulating in Nigeria. [8]
On 29 May 2015, Buhari was sworn in as President of Nigeria, becoming the first opposition figure to win a presidential election since independence in 1960. [5] On 29 May 2019, Muhammadu Buhari was sworn in for a second term as Nigeria's president, after winning the presidential election in February 2019.
On 31 December 1983, the military overthrew the Second Republic. Major General Muhammadu Buhari, became the military leader of the new government, citing charges of corruption and administrative incompetence as reasons for military intervention. Buhari emerged as the leader of the Supreme Military Council (SMC), the country's new ruling body.
May 29 was initially the official democracy day in Nigeria, marking when the newly elected Olusegun Obasanjo took office as President of Nigeria.On June 6, 2018, eight days after May 29, 2018, had been celebrated as Democracy Day, the government of president Muhammadu Buhari declared June 12 to be the new Democracy Day. [12]