Biafra by a governor and four directors; the first governor, who signed on bank notes, was Sylvester Ugoh. A second decree, "Decree No. 4 of 1967", modified the Banking Act of the Federal Republic of Nigeria for the Republic of Biafra. The bank was first located in Enugu, but due to the ongoing war, it was relocated several times. Biafra attempted to finance the war through foreign exchange. After Nigeria announced their currency would no longer be legal tender (to make way for a new currency), this effort increased. After the announcement, tons of Nigerian bank notes were transported in an
Biafra to the east. Its coast was on the Gulf of Guinea of the South Atlantic Ocean in the south. The former country's northeast bordered the Benue Hills and mountains that lead to Cameroon. Three major rivers flow from Biafra into the Gulf of Guinea: the Imo River, the Cross River and the Niger River. The territory of the former Republic of Biafra is covered nowadays by the reorganized Nigerian states of Cross River, Ebonyi, Enugu, Anambra, Imo, Bayelsa, Rivers, Abia, and Akwa Ibom. While the Igbo people of the current Nigerian state of Delta were not included in Biafra as