Archivi.ng | PM News, Tuesday, August 2, 2005

Newspaper from 2005/08/02

The use of the Biafran Pound, a currency introduced during the 1967-70 civil war, has resurfaced in some parts of Nigeria, sparking concerns about the threat to the nation's sovereignty. The leader of the Movement for the Actualization of the Sovereign State of Biafra (MASSOB) has stated that the Biafran Pound is gaining wide acceptance in Igboland and border towns with neighboring countries. The resurgence of the Biafran Pound is seen as an attempt to undermine the national currency and weaken the nation's sovereignty. The situation has raised concerns about the unity of the country and the need for a definite political decision to address the issues.

Summary

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The use of the Biafran Pound, a currency introduced during the 1967-70 civil war, has resurfaced in some parts of Nigeria, sparking concerns about the threat to the nation's sovereignty. The leader of the Movement for the Actualization of the Sovereign State of Biafra (MASSOB) has stated that the Biafran Pound is gaining wide acceptance in Igboland and border towns with neighboring countries. The resurgence of the Biafran Pound is seen as an attempt to undermine the national currency and weaken the nation's sovereignty. The situation has raised concerns about the unity of the country and the need for a definite political decision to address the issues.

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