500 naira note

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Dimensions
151mm x 78mm

Date Released
4th April, 2001

Design:
The N500 note represents one of the new generation of currency notes in the Nigerian currency system. 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 back-ground tint to link securely with the engraving and help give a distinctive identification to the design.

On the front of the note is a portrait of Dr. Nnamdi Azikiwe - first President of the Federal Republic of Nigeria. At the back of the note is the picture of an off-shore oil-rig.

Dr. Nnamdi Azikiwe (1904-1996)

Dr. Nnamdi Azikiwe, politician, and one of the founders of modern Nigeria was born at Zungeru, the son of a clerk. Dr. Azikiwe was educated in Nigeria and the United States.

In 1937, Dr. Azikiwe founded a newspaper, the West African Pilot, and later co-founded the National Council of Nigeria and Cameroons, a political party which he was the secretary and later president. He was elected into both the Western and Eastern Houses of Representatives, and later became Premier of the Eastern Region (1952-59). At the Federal level, he served as Senate President, Governor-General (1960-1963) and later President (1963-1966). Dr. Azikiwe is best remembered for his commitment to the Nigerian nation.

He died on 11th May, 1996.

Dr. Nnamdi Azikiwe's portrait appears on the N500 Note.

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