10 Kobo

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Opschrift voorzijde	FEDERAL REPUBLIC OF NIGERIA UNITY AND FAITH, PEACE AND PROGRESS 1989
Beschrijving keerzijde	A cluster of oil palms with fronds and fruit bunches is depicted to the right of the field, rendered in a stylised but naturalistic manner. The numeral 10 appears prominently to the left in large bold figures, with the denomination legend KOBO inscribed below in smaller lettering, together forming the complete denomination statement.
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Aanvullende informatie	Nigeria's 10 Kobo underwent a quiet but deliberate redesign in the mid-1980s as the country's military government under Ibrahim Babangida pushed a broader economic restructuring program following the 1986 structural adjustment package imposed under IMF pressure. The shift to this smaller, lighter copper-nickel specification was a direct cost-cutting response to commodity price volatility and a collapsing naira — the government could not justify the metal content of earlier issues. The KM#10.2 designation distinguishes this from the earlier 10.1 type. Production ran across four years, though distribution was uneven given persistent coin shortages in rural markets throughout the late Babangida period.