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New Naira Notes Out Today: The 1984 Currency Change Announced by Nigeria’s Military Government
This image shows a preserved page from The Nigerian Chronicle, dated Wednesday, April 25, 1984. The headline story, titled “NEW NAIRA NOTES OUT TODAY,” captures one of the most significant economic decisions of Nigeria’s military regime under Major General Muhammadu Buhari and his deputy, Brigadier Tunde Idiagbon.
The article details the government’s announcement of a currency change, which required Nigerians to exchange their old naira notes for newly redesigned versions. The affected denominations included the ₦20, ₦10, ₦5, and ₦1 notes, which would cease to be legal tender from May 6, 1984. Citizens were instructed to take their old notes to banks for exchange within a limited period, after which they would no longer hold value.
This policy, declared by Brigadier Tunde Idiagbon, the Chief of Staff at the Supreme Headquarters, was part of the Buhari administration’s anti-corruption and anti-smuggling efforts. The government justified the move as necessary to curb money laundering, tax evasion, and the hoarding of illicit funds—issues believed to be worsening Nigeria’s economic instability at the time.
The 1984 currency change remains one of Nigeria’s most memorable economic reforms. It caused widespread public anxiety as people rushed to exchange their notes, and long queues formed outside banks across the country. However, the government insisted the policy was essential to restore financial discipline and confidence in the naira.
Beyond the headline story, the same issue of The Nigerian Chronicle also featured a local announcement for the formal opening and dedication of the Crystal Cathedral Church in Calabar, reflecting the newspaper’s regional focus on both national and community events.
Founded in Calabar, The Nigerian Chronicle was one of the leading newspapers in the old Cross River State, known for documenting important political, social, and economic developments in the 1970s and 1980s. The April 25, 1984, edition provides a fascinating historical record of Nigeria’s early attempts at economic reform during a period of military rule.
Sources:
The Nigerian Chronicle, April 25, 1984 (Calabar Edition).
National Archives of Nigeria (Calabar Division).
Falola, Toyin & Heaton, Matthew M. A History of Nigeria. Cambridge University Press, 2008.
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Nigerian Army Ranks (Lowest → Highest)
1. Private
The entry-level rank for newly enlisted soldiers.
2. Lance Corporal
The first leadership step; assists senior soldiers.
3. Corporal
Handles small team duties and maintains discipline.
4. Sergeant
Experienced soldier responsible for training junior troops.
5. Staff Sergeant
Supervises multiple squads and supports field operations.
6. Warrant Officer
Senior non-commissioned officer with administrative duties.
7. Master Warrant Officer
Highly respected NCO responsible for discipline and order.
8. Army Warrant Officer
The highest NCO rank; adviser to commanders.
Commissioned Officer Ranks
9. Second Lieutenant
Entry-level officer; commands small platoons.
10. Lieutenant
Assists in planning and tactical decisions.
11. Captain
Commands larger units and leads operations.
Senior Officers
12. Major
Handles administrative and operational planning.
13. Lieutenant Colonel
Commands battalions and major missions.
14. Colonel
Supervises military departments or large units.
General Officers (Top of the Hierarchy)
15. Brigadier General
Leads brigades and oversees major operations.
16. Major General
Manages divisions and large-scale formations.
17. Lieutenant General
Second-highest officer rank; oversees national operations.
18. General
The highest rank in active service, responsible for the entire Nigerian Army.
How the Rank Structure Works
Orders flow from higher ranks to lower ranks.
Reports move from lower ranks to higher ranks.
Every soldier knows exactly who they report to and who they lead.
This structure ensures discipline, teamwork, and effective military strategy.
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King Onyeama n’Eke: The Great Monarch of Agbaja
King Onyeama n’Eke, the illustrious ruler of Agbaja, was one of the most powerful and influential monarchs in northern Igboland—indeed, perhaps the greatest Igbo king in living memory. From his majestic palace in Eke, he ruled over a vast domain that stretched across Oji River, Udi, and Ezeagu, extending to the present-day capital of Igboland, Enugu, and reaching even the Nkanu and Ogui communities.
Born in the 1870s, Onyeama was recognized as the paramount ruler of his people in 1928, a position he held with dignity and authority until his death in 1933. His reign symbolized strength, unity, and the growing interactions between traditional leadership and British colonial influence.
In 1924, King Onyeama attended the British Empire Exhibition in London, where he paid a royal visit to Buckingham Palace. During this visit, he received a remarkable gift—a 1921 Rudge motorcycle—from King George V of England, himself an enthusiastic cyclist and admirer of Rudge machines.
The prized motorcycle, though no longer in use after the late 1920s, remained a treasured family heirloom. It was carefully preserved in dry storage at the family’s residence in Lagos for decades. In August 2013, the Rudge was finally shipped back to England, a tangible relic of a historic encounter between African royalty and the British crown.
Columns
Abdullahi Mohammed (1939–2025)
Abdullahi Mohammed, a distinguished Nigerian statesman and retired military officer, passed away at the age of 86 in the early hours of Wednesday in Abuja. He was widely respected for his decades of service to Nigeria in both military and civilian capacities, particularly for his pivotal role as Chief of Staff to Presidents Olusegun Obasanjo and Umaru Musa Yar’Adua.
Early Life and Education
Abdullahi Mohammed was born in 1939 in Ilorin, Kwara State, Nigeria. He grew up during the colonial era and showed early promise as a disciplined and intelligent young man. His commitment to service led him to pursue a military career, and he was admitted into the Royal Military Academy, Sandhurst, United Kingdom, one of the most prestigious military institutions in the world.
He was commissioned into the Nigerian Army in 1958, joining the ranks of the country’s early generation of professionally trained officers who would later play vital roles in shaping Nigeria’s post-independence military and political history.
Military Career
Abdullahi Mohammed served in various capacities within the Nigerian Army, where he earned a reputation for professionalism, loyalty, and administrative competence. His service spanned critical periods in Nigeria’s history, including the post-independence years and the era of military governance.
He later transitioned from active combat and field duties to strategic and administrative roles, contributing to military intelligence and national security operations. His leadership qualities and steady demeanor earned him the trust of several national leaders.
National Security Adviser and Chief of Staff
Mohammed’s expertise in security and governance led to his appointment as National Security Adviser (NSA) under President Olusegun Obasanjo from 1999 to 2006, at the dawn of Nigeria’s Fourth Republic. In this role, he played a central part in stabilizing the country’s security architecture after years of military rule.
In 2006, he was appointed Chief of Staff to President Obasanjo, a position he retained under President Umaru Musa Yar’Adua after Obasanjo left office in 2007. His tenure was marked by discretion, diligence, and a quiet but effective management style. He became known as one of the most trusted and influential figures in the Obasanjo administration.
As Chief of Staff, Mohammed coordinated the presidency’s activities, managed relations with ministers, and ensured smooth communication between the executive branch and other arms of government. His continuity in office during the early days of Yar’Adua’s presidency reflected the deep confidence both presidents had in his capabilities.
Later Years and Death
After retiring from public service, Abdullahi Mohammed maintained a low profile, occasionally offering advice on national issues and governance. His life was characterized by humility, patriotism, and a deep sense of duty.
He passed away in Abuja at the age of 86, leaving behind a legacy of national service that spanned over five decades — from the military to the highest levels of civilian administration.
Legacy
Abdullahi Mohammed will be remembered as:
One of Nigeria’s most experienced and dependable public servants.
A bridge between the military and democratic eras.
A man of discipline, loyalty, and integrity, whose influence shaped the presidency during Nigeria’s crucial post-military transition period.
His death marks the end of an era for a generation of Nigerian leaders who combined military training with deep administrative experience in service of the nation.
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