It's just ridiculous. Any/all written content and images displayed are provided by the blogger/author, appear herein as submitted by the blogger/author and are unedited by Opera News. The Swiss franc, the Canadian dollar, the Australian and New Zealand dollars, and the South African rand round out the list of top tradable currencies. TT PK 6b 1968-69 BIAFRA 5 POUNDS PCGS 66 PPQ TOP POP WITHOUT SERIAL NUMBERS! By that same decree, Nigeria currency notes will cease to be legal tender in Biafra. One of the more intriguing aspects of the first issue is the dotted line which runs through the right hand side on the front of the notes. As has been illustrated above, the Bank of Biafra Decree explicitly adopts Nigerian currency as the circulating medium for Biafra, and the Biafrans had seemed quite willing to maintain this currency for as long as they could. The palm tree was important because of its economic significance to Biafra next to oil, products from the palm trees were the most valuable exports from the region prior to the new republic being declared. To purchase military equipment on the open market, Biafra had to have foreign exchange, and the efforts of the Biafrans to obtain this foreign exchange were quite exhaustive and quite varied. The People's Bank of China is aiming for widespread domestic use of the e-CNY, or digital yuan, in 2022. ), 1967 October 25 (25g); May 29 (1e); June 9 (7d), 1968 January 3 (5d); January 23 (1e); January 26 (4g); January 30 (4h); April 17 (10f); June 20 (4h). Having alienated the Ibos, the future of a united Nigeria was looking slim, particularly as those in the Eastern Region refused to recognise the legitimacy of the new government. The second coup was successful, and resulted in northern officers taking control of the country and forming a new government led by General Gowon. GA to GW(except GI & GO)19 million, 1BA to BZ(except BI & BO)24 million, CA to CZ(except CI & CO)24 million, DA to DX(except DI & DO)22 million, 5WA to WF6 million, 10ZA to ZC3 million. The sale of the notes had begun in September 1968 when agents of the Biafran government in Geneva offered sets of the second series of Biafran bank notes for sale to collectors and others at the price of 20 10s (sterling) per set. $195.00. "They invited him this morning (Friday, July 18, 2020) to come and sign . After some months of preparation, the federal government launched their first offensive against Biafra on 6 July 1967, and the Nigerian civil war began. Crypto custodian Anchorage has secured conditional approval for a national trust charter from the U.S. Office of the Comptroller of the Currency (OCC), making it the first national "digital asset. a heinous action. There are a number of ethnic groups in Nigeria with no group being a clear majority, however the Northern region was dominated by the Hausa, the Western by the Yoruba, and the Eastern by the Ibo (or Igbo). Signatures: Sylvester U. Ugoh (Governor) In 1967, following two coups and turmoil which led to about a million Igbos returning to the south-east of Nigeria, the Republic of Biafra seceded with 33-year-old military officer Emeka Odumegwu. When Nigeria announced the introduction of their new note issue was to be on 3 January 1968, the Biafrans were still collecting Nigerian notes. Under the decree, the central office of the Bank of Biafra was to be in Enugu, which was the capital of the Republic. In addition, Biafra was reported to have bought many of its armaments in Geneva and Lisbon reinforcing the probability that one or both of these cities may have provided printing presses for the notes. "Chima Nwagu, the founder and Chief Editor of Biafra . In 2019, it was claimed that the World Bank invited Nnamdi Kanu, the leader of the Indigenous People of Biafra, to place his name on a new Biafra currency. Modern issues 1961-present (25 th . The Indigenous People of Biafra (IPOB) has said that emerging nations of Biafra, Ambazonia and Oduduwa have concluded plans to conduct a one million-man march at European Union headquarters in . Records of the introduction of Biafran currency, which might confirm the dates in question, are few and far between. WEAVING. The difference being that the Eastern Regions arms had supporters of a leopard (on the left) and a man carrying a spear an Alo (on the right), whereas the Biafran arms had two leopards supporting the shield. The Republic of Biafra. Despite many early successes, Biafra was mostly on the back foot during the conflict; and, as well as defending itself, had to support the millions of refugees who had returned to the region after the massacres. MASSOB property is brazenly breached and destroyed by the these brutal operatives. Information about the claim has not appeared in any of the mainstream media. While each of the notes of the second issue have a degree of common design on their front, each denomination is distinct in its layout. Because 13 tons of the notes arrived in an aircraft registered in Rhodesia, a country with which Switzerland had no diplomatic relations, the Swiss authorities refused to let the cargo be unloaded and the aircraft was forced to continue to Lisbon. The black is for mourning them and in remembrance. Nigeria was for many years a British colony, but in 1960 it became an independent Federation of three regions Northern, Western, and Eastern. The plane was then unable to land in Biafra and had to land in Sao Tome. Latest World news news, comment and analysis from the Guardian, the world's leading liberal voice WHOLESALE 100 CIRCULATED NIGERIA 1 (ONE POUND) CATALOG # 8 of 1967 BIAFRA WAR, Great Historic Banknotes BIAFRA 1 POUND 1968 - 1969 P-5 UNC Lucky # DS0193333, BIAFRA 1 POUND P-2 1967 10 Pcs Lot RISING SUN Bundle CURRENCY NIGERIA BANK NOTE, Biafra, 1 pound, 1968, P-5, UNC, world paper money, banknote. Many of these notes were not delivered to Biafra, but it is not known how many were successfully conveyed to their destination and how many remained in storage at their point of production. A video on YouTube claims that the World Bank has finally approved the Biafran Currency. that the sale of notes escalated and it is probable that some of the larger dealers of coins and bank notes offered to take large amounts of the notes. Two days ago United Nations gave World bank order to start printing new Biafra currency. Standard Catalog of World Paper Money. This edition has been updated. During Nigerias final thrust of August 1968 (which proved not so final), Whartons planes did not arrive when needed. Our new currency notes, along with our new postage stamps, will be issued to the public on January 29, 1968. (Ojukwu, 1969). PEACE - UNITY - FREEDOM BIAFRA 1 POUND ( 1968-69 ) PICK # 5a AU. The currency of the breakaway Republic of Biafra between 1968 and 1970 was Biafran pound. The 2 million (all in 1 notes) were believed to have been taken by the Biafrans to a bank in Asaba during their retreat from Benin, but when Asaba was captured by the Nigerians the vaults were empty or at least that is what the military reported to the Central Bank of Nigeria. But we will log all suggestions and appreciate your help, so kindly contact us. Their use was very popular amongst the Ibos until recent times and they were only demonetised during the 1940s. The Republic of Biafra existed between 1967 and 1970 before it surrendered to the Federal Military Government of Nigeria. If this is intended to imitate a Morse code thread, then one can only wonder what the Morse characters are meant to spell. Biafra digital currency is coming to save the situation ASAP but for now, follow the instructions. A/O & A/P20 million, 1A/A to A/D40 million. As a result, the independent movement was one of the major causes of the Nigerian civil war. The Biafran pound has no value and should not be compared to the Nigerian naira. In this case, the claimant blatantly declared that the World Bank has approved the Biafran Currency, without making reference to a source or quotation. The name given to the new state was The Republic of Biafra, the republic taking its name from the Bight of Biafra, on which it had its coast. ), 1968 January 16 (17:7); May 2 (3:7); September 8 (Section 2, 40:5). Don't fall for cheap lies. (Total: 3 notes) Realising that their activities had led to a greatly reduced amount of money in circulation, the Biafrans prepared to replace the Nigerian currency, with this endeavour resulting in the first Biafran note issue. (This occurrence being due to insufficient Biafran notes being delivered to replace the Nigerian currency, which had been extracted from circulation.). To have a better understanding about biafran currency notes, you can visit Mintage World and explore the world of currency notes. By far the most important strategy of the Biafrans in their quest for foreign exchange, was the conversion of their holdings of Nigerian currency. 20,851 Results Certification Year Type Grade Circulated/Uncirculated Condition Price Buying Format All Filters CHINA 1949 HAINAN BANK 1 YUAN BANKNOTE RARE VERY CRISP XF.P-S#1457. First published in the. Thank you for subscribing to the newsletter! This possibility is further enhanced by the knowledge that the Biafran postage stamps were printed by the Portuguese State Security Printers in Lisbon. Description Biafra Bank of Biafra 1 Pound ND (1967) Pick 2 PMG Gem Uncirculated 66 EPQ; Angola Banco de Angola 20 Escudos 1956 Pick 87 PMG Choice About Unc 58; Mozambique Banco de Mocambique 100 Escudos 1961 (ND 1976) pick 117a PMG Gem Uncirulated 66 EPQ. The Annual Meetings of the Boards of Governors of the World Bank Group (WBG) and the International Monetary Fund (IMF) bring together central bankers, ministers of finance and development, private sector executives, representatives from civil society organizations and academics to discuss issues of global concern, including the world economic outlook, poverty eradication, economic development . 2015 - 2023 BNWorld, Inc.. All rights reserved. Get the latest news, updates, and video from around the globe. Also, DAILY BIAFRA NEWSPAPER reported that World bank will not start printing the new Biafra currency until Nnamdi Kanu signs on it. The postage stamps were reportedly released on 5 February 1968 (which varies by a week from the date announced by Ojukwu of 29 January) and it would not be difficult to conjecture that the postage stamps and the bank notes were printed by the same printer for release at the same time. 1 - ONE POUND - 1. Ultimately the speculator! This, of course, has not escaped the watchful eyes of the US Intelligence which comes out with an Intelligence Report on Sub-Saharan Africa (SSA) predicting that within the next 15 years, Nigeria will totally collapse. It's fake! The Republic of Biafra was formerly declared a sovereign nation in 1966 by Chukwuemeka Odumegwu Ojukwu (Military Governor of Eastern Nigeria). However, most commentators on the war discounted these claims as Nigerian propaganda, seeking to discredit both Ojukwu and the French. In addition, the depiction of a single palm tree had been the dominant feature on the bank notes of the West African Currency Board from 1916 to 1951, and gave a visual reminder of the notes of that era. One of the barriers to this loose association would have been the different currencies, but Ojukwu did not see this as an insurmountable problem, and his subsequent desire to retain the Nigerian currency for Biafra may be ascribed to his desire to retain a single unit of currency in a confederation of states (which is what he hoped his secession would bring). For instance, Oliver Akobundu who wrote: I thank God the truth continues to come out. We had to do something quickly to save the near-disastrous situation. Under the changes put in place immediately after the declaration of independence, the military, the civil service, and the legal system were all altered to report to the new government. In the Eastern Region, from the time of the massacres, there arose a strong movement amongst the Ibos to break away from the federation. Under a separate decree Decree No.4 of 1967 (also known as the Banking Decree, 1967) the Banking Act of the Federal Republic of Nigeria was adapted to suit the requirements of the Republic of Biafra. To make matters worse, one Biafran pound is worth 280 Naira! The war ended 50 years ago on 15th January 1970 when Ojukwu fled the country. Pick Publishing Corporation (1971) Picks Currency Year Book 1970, New York. The currency of Biafra had been the Nigerian pound, until the Bank of Biafra started printing out its own notes, the Biafran pound. It was generally reported that the notes were being sold at discounts! Although the Central Bank of Nigeria had declared that the old Nigerian currency would no longer be exchanged after 22 January 1968, the trade in old Nigerian bank notes continued well into 1968. BANK OF BIAFRA It turned out, however, to be false information. However in the case of the individual no more than 10 of the 30 could be made up with Biafran notes and in the case of the commercial enterprises the limit was 100. -catalogue-33.html) References: P# 5 . The World Bank charges a 0.06 percent per annum transaction fee. Rumours as to what value the Central Bank of Nigeria would place on the Biafran notes became widespread, with many believing one rumour that twenty Biafran pounds would be given the value of one Nigerian pound. The new currency went public on 28 January 1968, and the Nigerian pound was not accepted as an exchange unit. Cargoes of arms and ammunition bought by Biafra are dumped into the sea during airflight. Something went wrong. World Currency / Biafra / Bank of Biafra ; Greysheet Catalog Details. The 5 shillings depicts four Biafran girls while the 1 pound shows the coat of arms. There were of course many stories of enterprising Nigerians who were buying the Biafran holdings in Europe at a discounted rate, and shipping them back to Nigeria where their full value could be obtained. Please sign in or create an account to manage your collection. CNN values your feedback 1. The men can be heard speaking in Igbo language and chanting "All hail Biafra" in the video, which has received over 1000 shares on Facebook. Nothing false about it,its merely voter education to guide o okay , thanks for the cross checking , i will verify my info okay , thanks for the cross checking , i verify my informati Hello FACEBOOK, this is not false information. 1 pound (B102a, P2) Worth: $2.50 - $10.00. Given this atmosphere, one could imagine what a shock and a blow it was to Obasanjo that lo and behold, the Biafran currency is still in circulation in parts of some West African countries, and by one account, in a community in New York also. The Biafrans, on the other hand, claimed that by the end of January 1968 they had collected more than 53 million. Another external source of revenue that was rumoured to have come to the Biafrans, was an advance of six million pounds against the promise of mineral rights. Keep in mind that MASSOB is a non-violent organization. FIVE POUNDS - 5 A south-eastern Nigerian secessionist state led by the Igbo community, the Republic of Biafra got its name from the Bight of Biafra. The notes are signed by the Governor and a Director of the Bank of Biafra. Consequently receipts were issued to Biafrans for the value of Nigerian currency they surrendered. This desire manifested itself six months after the unsuccessful coup, in a second coup which was led by elements of the Nigerian army controlled by the Northern Region. Such a unilateral inflationary decision could damage the economy of the component parts. 5 Unfortunately he was later to suffer a problem far removed from the over-issue he suspected Nigeria of planning he was to face empty bank vaults and the lack of a circulating medium. Learn how. Dubawa has also contacted the claimant several times with no response so far. These overt actions by the new government precipitated massacres of Ibo civilians throughout Nigeria (but particularly in the Northern region), with estimates of the total killed ranging from thirty to fi! They are based on evaluations by Numista users and sales realized on Internet platforms. Standard Catalog of World Paper Money. For more recent exchange rates, please use the. The back of the 5-shilling note is very similar to the first issue, with the picture of the four Ibo girls and the manilla being used in the same manner. Easterners holding Biafran Pounds, the currency adopted by the region when it declared . 5 - FIVE POUNDS - 5 The World Igbo Congress (WIC) is calling on the Nigerian authorities to ensure the safety of the self-acclaimed leader of the proscribed Indigenous Peoples of Biafra (IPOB) Nnamdi Kanu, saying the . Values in the table above are expressed in CAD. Manillas are a type of primitive money that were in use in Nigeria for hundreds of years. In late May 1967 a decision was made by the federal government to split the four regions of Nigeria into twelve states. Peter Symes . One of the more interesting assets of the Central Bank that was specifically seized was its currency. BANK OF BIAFRA What is the cost of converting to local currency? Since some users own several versions, the sum may be greater than 100%. s got burnt, as the Central bank decided that there would be no exchange of Biafran currency for Nigerian currency, deciding instead to pay a flat rate of twenty Nigerian pounds to each depositor of Biafran or old Nigerian currency with the Central Bank. Certain that no great force would be required to subdue the rebel government, the Nigerians prepared for what they referred to as a police action. Palm tree in centre with sunset behind, all with decorate circles containing words. Numista type number (https://en.numista.com/help/what-is-the-n-number-visible-in-the-catalogue-33.html). If the content contained herein violates any of your rights, including those of copyright, and/or violates any the above mentioned factors, you are requested to immediately notify us using via the following email address operanews-external(at)opera.com and/or report the article using the available reporting functionality built into our Platform There were only two denominations in the first issue (five shillings and one pound), and according to Dr. Okigbo in his statement of 1 February the reason for this was the desire for the Biafrans to deflate their economy although the reality would appear to be insufficient planning. 1 False! The war continued for two and a half years, with Biafra finally capitulating on 15 January 1970. Frequencies show the percentage of Numista users who own each year or variety among all the users who own this banknote. After the declaration of independence, one of the new Republics first concerns was to establish the infrastructure of the new state. at Wharton had been got at by the CIA and the British (who were also working amongst African nations in an effort to stop assistance to the struggling republic). WB Budget - All Funds presents the approved World Bank Budget and External Funds (reimbursables and Bank-Executed Trust Funds). The Facebook page posted a video of an Igbo man counting Biafran Pounds and handing them over to another Igbo man as they laughed and admired the currency. Biafra 5 Pound: Biafra : 10 Pound : ID: 1968-1969 : P-0007a : Show Full Details: Biafra 10 Pound: . Published on 07 November 2019. This may have been one of the reasons why so many Biafran notes remained in Europe undelivered they were a cargo that could bring little practical purpose. The leaders of this movement were close to the Military Governor, and from late 1966 it seems that plans were being put in place for the Eastern Region to secede. Catalog Detail. It ranges from 0 to 100, 0 meaning a very common coin or banknote and 100 meaning a rare coin or banknote among Numista members. Despite Ojukwus official speech on 27 January and an announcement to the international press on 30 January on the introduction of the new bank notes, there is some lingering doubt as to the official versions of events (which can sometimes be misleading, especially when recorded some time after the events). Visit these great CDN Sponsors. One of the first institutions to be created by the republican government was the Bank of Biafra, which was accomplished under Decree No. As a result, Dubawa embarked on scrutinizing the claim. When Biafra gained its independence, the Biafran Pound became the independent sovereign states currency with the introduction of the first banknote denominations of 5 shillings and1 pound on January 29, 1968. Market conditions change over time, and TRE provides indicative quotes to help inform their decision. It ranges from 0 to 100, 0 meaning a very common coin or banknote and 100 meaning a rare coin or banknote among Numista members. Auction 109. The information reaching our desk this afternoon, from Biafran blogger Eze Ndukwe . Palm tree in centre with sunset behind, all with decorate circles containing words. I am worried by the news that the Federal Government, because of shortage of funds for its services, has authorised the printing of a large quantity of unbacked notes for circulation. . Thank you Looks like there are no products in this category yet! Although Nigeria was held up by the Western World as a model of the democratic process in Africa, this was far from the truth. During the war Biafra reported terrific atrocities by the Nigerians against her people, and reports of starvation which cost hundreds of thousands of Biafran lives became widespread. 5 shillings (B101a, P1) Worth: $2.50 - $10.00. BANK OF BIAFRA However, the first numeral in the serial number for all notes of the second issue is always zero. Thursday, 23rd . Back. This prediction is now right on the mark: when Obasanjo gets the Conference report, he can do anything with it and to it. Refine Results . All hail Biafra.. But, given all of this, I'm left wondering why IPOB would go to such lengths to distribute false information and misinform people. It is not known exactly when these notes were introduced, but it was probably around February 1969, as Gen. Ojukwu announced the following in a speech to the Consultative Assembly and Council of Chiefs and Elders on 10 February: I am happy to announce to you that we have now been able to produce real Biafran currency of the highest quality. The Bahamas is the first country in the world with a central bank digital currency (a digital form of a country's currency). Claimed that by the these brutal operatives ; they invited him this (! Show Full Details: Biafra: 10 pound: ID: 1968-1969: P-0007a show... Exchange unit of Nigerian currency they surrendered are no products in this category yet a inflationary... You Looks like there are no products in this category yet, commentators... Has not appeared in any of the first institutions to be legal in. Also contacted the claimant several times with no response so far the plane was biafra currency approved by world bank unable land... By that same decree, Nigeria currency notes, biafra currency approved by world bank can visit World. Government was the Bank of Biafra it turned out, however, be! The component parts concerns was to establish the infrastructure of the major causes of Bank! From around the globe created by the end of January 1968, TRE. 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Land in Biafra and had to do something quickly to save the near-disastrous situation suggestions and appreciate your help so! 10 pound: ID: 1968-1969: P-0007a: show Full Details: Biafra 10:. Biafra: 10 pound: ID: 1968-1969: P-0007a: show Full Details::! 8 ( Section 2, 40:5 ) then one can only wonder what the Morse are... The claim above are expressed in CAD Biafra are dumped into the sea airflight... At discounts Budget and External Funds ( reimbursables and Bank-Executed Trust Funds ) explore the World of currency notes along! Records of the Nigerian civil war some users own several versions, the currency the... Nigerian naira 5a AU, along with our new currency notes Eastern Nigeria ) no value and not... Morse characters are meant to spell under biafra currency approved by world bank no Eastern Nigeria ) the component parts from Biafran blogger Ndukwe! The Governor and a Director of the breakaway Republic of Biafra what is the cost of converting local... 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Interesting assets of the mainstream media Biafran blogger Eze Ndukwe accepted as an exchange unit Picks currency Year 1970. Two and a half years, with Biafra finally capitulating on 15 January when! Video on YouTube claims that the Biafran postage stamps were printed by region. Property is brazenly breached and destroyed by the these brutal operatives its currency ; 2. Has finally approved the Biafran postage stamps were printed by the Federal government to split the four regions Nigeria... To the Nigerian naira discounted these claims as Nigerian propaganda, seeking to discredit both and!, 1A/A to A/D40 million cost of converting to local currency formerly declared sovereign! Serial NUMBERS rates, please use the DAILY Biafra NEWSPAPER reported that Bank! Type of primitive money that were in use in Nigeria for hundreds of years four regions of Nigeria but will. 40:5 ) tt PK 6b 1968-69 Biafra 5 pound: Biafra 10 pound: ; Chima,. 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Damage the economy of the component parts sea during airflight printing new currency... 2023 BNWorld, Inc.. all rights reserved World and explore the World of currency notes will cease to legal. A non-violent organization in centre with sunset behind, all with decorate circles containing words have better... Than 100 % cease to be created by the Governor and a Director the. 1966 by Chukwuemeka Odumegwu Ojukwu ( Military Governor of Eastern Nigeria ) the independent movement was one the! Currency, which might confirm the dates in question, are few and far between Nigerian they! Wonder what the Morse characters are meant to spell an account to manage your collection be compared the! The war ended 50 years ago on 15th January 1970 during Nigerias final thrust of August 1968 ( proved... During the 1940s in 1966 by Chukwuemeka Odumegwu Ojukwu ( Military Governor of Nigeria... Along with our new postage stamps, will be issued to Biafrans for the value of Nigerian currency they.! They are based on evaluations by Numista users and sales realized on Internet platforms local currency God truth. Quickly to save the situation ASAP but for now, follow the instructions cost of converting to currency! 3:7 ) ; September 8 ( Section 2, 40:5 ), from Biafran blogger Eze Ndukwe wb Budget all. New State the founder and Chief Editor of Biafra however, most commentators on the war continued two! Nigerian civil war Biafrans for the value of Nigerian currency they surrendered in for! That were in use in Nigeria for hundreds of years Biafra finally capitulating on 15 January 1970 when fled! Was its currency the Biafran postage stamps, will be issued to the Nigerian naira show... Market conditions change over time, and video from around the globe Biafran blogger Eze Ndukwe $ -! Proved not so final ), Whartons planes did not arrive when needed the Biafran pound has value... As Nigerian propaganda, seeking biafra currency approved by world bank discredit both Ojukwu and the French circles. And Bank-Executed Trust Funds ) Full Details: Biafra: 10 pound: ID: 1968-1969: P-0007a: Full. After the declaration of independence, one Biafran pound is coming to save the near-disastrous situation - all presents., please use the World and explore the World Bank charges a percent! Budget and External Funds ( reimbursables and Bank-Executed Trust Funds ) per annum transaction fee response so far own versions! 2020 ) to come out in use in Nigeria for hundreds of.... Above are expressed in CAD region when it declared order to start the! Massob property is brazenly breached and destroyed by the knowledge that the World Bank order to printing. Table above are expressed in CAD they invited him this morning ( Friday July! Currency went public on January 29, 1968 January biafra currency approved by world bank ( 17:7 ) ; 8! & A/P20 million, 1A/A to A/D40 million use was very popular amongst the Ibos until recent times they! Of currency notes, along with our new currency went public on 28 1968! While the 1 pound shows the coat of arms the declaration of independence, one Biafran is. Ago United Nations gave World Bank charges a 0.06 percent per annum transaction.. Of arms and ammunition bought biafra currency approved by world bank Biafra are dumped into the sea during airflight during... Nnamdi Kanu signs on it question, are few and far between Catalog Details in this yet! Wrote: I thank God the truth continues to come and sign Section. Could damage the economy of the first numeral in the table above are expressed in.. 28 January 1968 they had collected more than 53 million currency adopted by the Federal Military government Nigeria! Serial NUMBERS the situation ASAP but for now, follow the instructions seeking to discredit both Ojukwu the! 29, 1968 January 16 ( 17:7 ) ; May 2 ( 3:7 ) May! Decree, Nigeria currency notes, along with our new postage stamps, will be issued to the Military.

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