GavelSlam:


I was hasty with my conclusion on the exact worth of £20 from 1969 but the site below captures its worth.

It is worth 230 pounds today.

Please convert to Naira value.

http://www.moneysorter.co.uk/calculator_inflation2.html#calculator

vedaxcool:


Ipob are devastatingly daft.

GavelSlam:


I was hasty with my conclusion on the exact worth of £20 from 1969 but the site below captures its worth.

It is worth 230 pounds today.

Please convert to Naira value.

http://www.moneysorter.co.uk/calculator_inflation2.html#calculator

GavelSlam:


Look in the mirror.

Mr. Daft 2017 and for all times is there.

You see, I don't work with sentiments, I deal with facts.

A simple Internet search would reveal what 20 Pounds of 1969 is worth today.

Next time, try to upgrade your brain.

OK?

eduj:

oga, why are you being mischievous! are you running a net present value analysis or what?
A wise guy came up with starving biafrans into submission and using the money of the igbos trapped in bank accounts to fund the war against them -hence, Nigeria borrowed negligibly to fund a 3 year war. the 20 pounds given to those with a proof of account is nothing but unfair.
you shouldn't be giving us the present value of the 20 pounds (it wasn't kept as savings), you should give us it's past worth-more especially as the naira was introduced 3 years later.
To the topic in discourse, it isn't wrong to try to use international funds for the north east, but why couldn't he attract some of said funds for the ogoni clean up?

GavelSlam:


They've been lied to by family and friends for generations.

It's quite unfortunate how they've been bred over the years.

GavelSlam:


You guys got £20, the equivalent of N250,000 today.
How many other citizens got the same?

vedaxcool:


Ipob are devastatingly daft.

GavelSlam:

They were given 20 pounds whether Nigerian pounds or the sterling they were equivalent at the time.

How many times have you guys kept quiet over and over again as your kinsmen continue to broadcast the "common" £20, which as we've seen is the equivalent of 230 odd pounds sterling today?

Nigeria is one of the few countries in the world in which the Victor has not sought the cost of war from the losers.

We adopted a no Victor no vanquised policy which the newer generation refuses to accept.

My computation on how much was given to easterners post-war stands.

It doesn't take away the fact that we are brothers but that bolf-faced lie that many have been spinning for generations has been busted today.

Call me the Mythbuster.

EmeeNaka:
Is Kaduna part of Northeast?

The ones for Kaduna and Lagos states are state-requested loans, not federal.

Blue3k:

GavelSlam:


They were given 20 pounds whether Nigerian pounds or the sterling they were equivalent at the time.

How many times have you guys kept quiet over and over again as your kinsmen continue to broadcast the "common" £20, which as we've seen is the equivalent of 230 odd pounds sterling today?

Nigeria is one of the few countries in the world in which the Victor has not sought the cost of war from the losers.

We adopted a no Victor no vanquised policy which the newer generation refuses to accept.

My computation on how Much was given to easterners post-war stands.

It doesn't take away the fact that we are brothers but that bolf-faced lie that many have been spinning for generations has been busted today.

Call me the Mythbuster.

Blue3k:
6 projects in NE, 6 for whole country. The NE takes 26%. Zero for other geopolitics regions. I can agree with bolded but wonder what's point of NDDC after awhile.



Desyner

Blue3k:

EmeeNaka:
You mean according to Sheriffdeen Tella or according to World bank? I doubt it. World bank didn't indicate it's a state requested loan. Can Federal govt allow Kaduna state to borrow 350million dollars?

otil1:



No! You got it wrong.

Biafran got £20 for any amount whatsoever they left in their bank accounts, even if you have £1billion!

Those without bank deposits got nothing. So it's not like £20 compensation. It's a mark down to £20.

Confirm it! This is why we should teach history.

Ovela1:
This headline is twisted, when yu read the content carefully, yu will realise that the World Bank has embarked on 7 Projects in The North and 7 Projects in the South, so why de hue and cry over nothing?

My advise to Igbo youths is that they should stop seeing themselves as second class citizens in this country, we are all equal Nigerians with all the rights.

They must not continue to denigrate themselves, insulting everybody else, it's not the way to go!

sarrki:


The hatred coming from my generation is shocking. The ability to discard comprehension, commonsense and context, makes one despair.

In 2015, a newly elected President Buhari met separately with the G7, the World Bank and President Obama. He kept talking about how much rebuilding was needed in the North East.

Do we have any idea of how devastated the North East was by Boko Haram? How they bombed infastructure: roads, schools, bridges, telephone masts, electricity transformers, businesses, agriculture, EVERYTHING sef, into the stone ages?

Nigeria has the largest number of internally displaced refugees living in camps in the WORLD. Millions of children are in danger of starvation.

And in 2015, while the President was talking to world leaders and agencies about how this crippled region needed rebuilding urgently, Boko Haram were still fighting back tenaciously. Bombs were going off regularly. Schools were permanently closed. Businesses were dead. Fear ruled supreme.

Let us pause and think about that?

Now, what leader will NOT plead with the world to help rebuild that region? If GEJ had asked the world to rebuild the North East, I would have applauded that.

There is nothing hidden about PMB asking for help for the North East, and getting promises of loans and grants. It was in the press back in 2015. Widely covered too.

Yes, all Nigeria needs investment and infastructure and rebuilding, but in 2015, the situation in the North East was beyond dire. The region was in danger of collapsing. It NEEDED help urgently.

Thus when I heard how this had been twisted into a North/South debate, I shook my head, and disengaged mentally for a few hours.

The WB president will not know how his innocent words have been twisted by a nation so determined to see nepotism and tribalism in the President, they will fish it out where it does not exist.

Please Oga World Bank, let us educate you that Nigeria is not North and South oooo! Please learn all awa regions o! Ehen ;-)..."

~ Bucky 2017

eduj:

the above is a misnomer.
The naira was introduced on 1 January 1973, replacing the pound at a rate of 2 naira = 1 pound(20 pounds then would be 40 naira).
base your argument on how 40 naira (it's present value then) was enough -you have a higher chance of winning the argument -then basing it on a figure (future worth) you got without recourse to variables like inflation, standard of living etc. like I said earlier, don't think any easterner saved his 20 pounds for over 30 years so that it would yield thousands in naira-hence your analogy is wrong.

otil1:



No! You got it wrong.

Biafran got £20 for any amount whatsoever they left in their bank accounts, even if you have £1billion!

Those without bank deposits got nothing. So it's not like £20 compensation. It's a mark down to £20.

Confirm it! This is why we should teach history.

sarrki:

That's why we will bring the topic down here to educate them
They are bent in self destruction
We won't allow such to happen
They are our brothers and sisters

GavelSlam:


I was hasty with my conclusion on the exact worth of £20 from 1969 but the site below captures its worth.

It is worth 230 pounds today.

Please convert to Naira value.

http://www.moneysorter.co.uk/calculator_inflation2.html#calculator

otil1:



No! You got it wrong.

Biafran got £20 for any amount whatsoever they left in their bank accounts, even if you have £1billion!

Those without bank deposits got nothing. So it's not like £20 compensation. It's a mark down to £20.

Confirm it! This is why we should teach history.

Sultannayef:



@Sarrki.. why have you sold your soul for a pot of porridge?

QuotaSystem:


Dude, you LOST the war. You surrendered

As in you were Defeated, Vanquished, Conquered, it appears most of you have forgotten.

You did not deserve a penny talk less of £20, in medieval times you'd all have been taken as prisoners of war and condemned to slavery and servitude until you can fight back to win your freedom.

So STFU and be thankful for Gowon and Nigeria's graciousness in even giving you stipends to restart your lives. Do you think millionaire Syrians that lost everything to their war have been given even $1? I wonder why Gavelslam is burning time in explaining what you never deserved in the first place. We really need to teach our children their history as you said.

otil1:
Very good you have been educated this morning on the matter of £20 pounds.

Be bold enough and have the intellectual humility to say 'thanks'

As for winning or losing, that's not the point of discussion.