K5.00 and K2.00 coins launched to commemorate University of Papua New Guinea’s Golden Jubilee Year

To celebrate the 50th Anniversary of the University of Papua New Guinea, Bank of Papua New Guinea has released commemorative K5.00 and K2.00 coins to mark the event.
The commemorative coin was minted by the Royal Australian Mint which comes with its packaging and would be on sale.
The K2.00 coin is Gold in colour while the K5.00 coin is Silver and both coins have the UPNG Golden Jubilee emblem minted onto it. The K2.00 coin will be sold for K25.00 while the K5.00 coin would be sold for K125.00.
Speaking at the launching of the commemorative coins, Governor of Bank of PNG, Loi Bakani said University of Papua New Guinea has come a long way in terms of grooming a lot of Papua New Guineans who have contributed in developing the country.
“We have been associated with other entities but with the University of Papua New Guinea to celebrate its Golden Jubilee; we at the bank of papua new guinea are honored to participate in this milestone event to present these coins,” Said  Mr Bakani.
Chancellor of the University of Papua New Guinea Dr. Nicholas Man acknowledged the journey UPNG has gone through in the last 50 years and thanked all those who have worked together in the last 50 years in bringing UPNG to where it is today.
Minister for Higher Education Research Science and Technology, Professor Malakai Tabar who unveiled the commemorative coins  said the University of Papua New Guinea has for the last 50 years continued to live up to its academic standards by being the leader in research and academic by producing the think tanks of PNG and also the Pacific.
Chairman of the Golden Jubilee celebration committee, Dr. Steven Winduwo said the 50th Anniversary celebration is for the university to appreciate and recognize what the last 50 years have been like by giving the university a solid foundation in giving an institutional identity in to bring PNG forward.
 
 
 
 

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