Shaolin0147:
You be mumu aswear, they weren't given any 20 pounds by the Nigerian gorvernment, rather they reduced the bank account of every Igboman that had money in the bank

aribisala0:
The New York Times has something to say on the matter

https://www.nytimes.com/1987/07/14/world/few-traces-of-the-civil-war-linger-in-biafra.html

"Ibos were allowed to exchange...............

nku5:


Ok

aribisala0:
Ibos lost their fortune to Ojukwu when they exchanged their money for Biafra Notes which became worthless after the war

Additionally Ojukwu went on to rob the central Bank in Benin and the government changed currency to checkmate him after he used stolen money to purchase arms

Two years later Shagari NOT Awolowo was the Finance Minister when the Indigenization decree was promulgated

Chigator:


In 2017 this giant lunacy began.

Since 2017 you have carried the burden of undeterred others on your feeble shoulders. To what end my guy ?

OMG, to what end ?

What would make any sane man promote a narrative for 5 Good Years for which even in victory he gains nothing.

Despite his travails he still fails to convince his target audience. May fortune have mercy on you.

I sincerely pity you. A jambite would be due for
convocation within this same timeframe.

Did you stagnant in life since initiating this post ? Talk to us, some can help you.

aribisala0:
Ibos lost their fortune to Ojukwu when they exchanged their money for Biafra Notes which became worthless after the war

Additionally Ojukwu went on to rob the central Bank in Benin and the government changed currency to checkmate him after he used stolen money to purchase arms

Two years later Shagari NOT Awolowo was the Finance Minister when the Indigenization decree was promulgated

aribisala0:
Ibos lost their fortune to Ojukwu when they exchanged their money for Biafra Notes which became worthless after the war

Additionally Ojukwu went on to rob the central Bank in Benin and the government changed currency to checkmate him after he used stolen money to purchase arms

Two years later Shagari NOT Awolowo was the Finance Minister when the Indigenization decree was promulgated

aribisala0:
I am not your guy.

To the end of TRUTH

To unravel the lies that have been used to cement hate against Awolowo and the Yoruba people

Lies about Awolowo and the Indigenization decree of 1972.
Immediately after the war in 1970 Awolowo wrote to Gowon giving resignation notice and left the Government early in 1971 to be replaced by Alhaji Shehu Shagari. He had nothing to do with it .
Yet folk like Chimamanda Adichie have come out to say "my uncle told me...........blah blah blah
Well we cannot allow a false version of history to go unchallenged.

Rather than using abusive language and sentiments speak to the Twenty Pound issue.

The simple claim that

Money belonging to Ibos held in their bank accounts in Nigeria was at any time seized by the government

IS UNTRUE> IT IS A BLATANT LIE

This is not about "winning" just setting the record and history straight.

Just like the Fulani go around with their cattle for years and then one day wake up and start claiming grazing route in Enugu saying "my uncle told me.......

That is the issue on this thread not all that nonsense you are bringing up

Did anyone seize Ibo money? When where and how?

JUSTICE4Nigeria:
when it comes to biafra issue u can denie your parents, Nigeria that killed, massacred unarmed civilians, committed genocide, and u think converting biafrans wealth to theirs is an issue? u need more cerebral than I thought,
read this from the horses mouth


And the case of the money they said was not given back to them, you know during the war, all the pounds were looted, they printed Biafran currency notes, which they circulated, at the close of the war, some people wanted their Biafran notes to be exchanged for them. Of course I couldn’t do that, if I did that, the whole country would be BANKRUPT. We didn’t know about Biafran notes and we didn’t know on what basis they printed them, so we refused the Biafran note, but I laid down the principle that all those who had savings in the banks on the eve of the declaration of the Biafran war, would get their money back if they could satisfy us that they had the money there. Unfortunately, all the banks’s books had been burnt, and many of the people who had savings there didn’t have their saving books or their last statement of account, so a panel had to be set up.



I didn’t take part in setting up the panel, it was done by the Central Bank and the pertinent officials of the Ministry of Finance, to look into the matter, and they went carefully into the matter, they took some months to do so, and then made some recommendation which I approved. Go to the archives, all I did was approve, I didn’t write anything more than that, I don’t even remember the name of any of them who took part. So I did everything in this world to assist our Igbo brothers and sisters during and after the war.

And anyone who goes back to look at my broadcast in August 1967, which dealt with post-war reconstruction would see what I said there.
MEANING, If they had change the money the country will bankrupt, hahahahahah, so igbos hold the economy of Nigeria since 1808,lol, AWOLOWO SAID IT NOT ME OOO ,

aribisala0:
One day a child will realise Father Christmaa is not real.

One day you will realise the £20 story is another of the lies your elders tell you

You forget Ojukwu looted teh banks in the East and used the money to buy arms.Do you not think that some of that was YOUR MONEY?

So you were planning to come back to Nigeria after Biafra must have beeen achieved to claim your treasure.

WITH NO DOCUMENTS?


Surely even if the story were true does it not make HISTORICAL SENSE

That your parents would have preserved their bank books



Today NOT ONE person can come forward to say this is my bank book and I was denied my money


NOT ONE


THINK!!

Chuks0485:


Why not you the historian go to the banks and dig up the facts. Historian do not seat at home and wallow in their imaginative thought. If you doubt people's assertion, you take the pain to find out if what they said is true or not.

prodigy24:
It shall never be well with Nigeria and all their supports against the people of Biafra. My parents, their relatives nuclear and extended, gathered all their money and gave one man, who owns a bank account came back with only 20 pounds. And you're here saying rubbish.
Fg did not give everyone money. They gathered money and put them into an account, and 20 pounds would be given to the account owner.
All these people do everyday is twist history to paint a favourable picture.
Amadioha ga egbu unu ncha!

aribisala0:
In 1970 after the war the Nigerian government generally gave £20 of Nigerian money to every eligible adult but no one has ever done the math.

Let us assume their were one million of them =£20million Nigerian

We know that the Nigerian pound exchanged for £2 pounds sterling in 1970 so
that would be £40 million . What would that be worth today

according to this inflation calculator

https://www.moneysorter.co.uk/calculator_inflation2.html
it would be
£432612859. Sterling
Not sure what sterling is doing these days but @ 475

that is

205491108025 Naira

200 billion

Assuming it was 1 million people that received the money. No one has ever told us how many did but I think it could be double that.

For a country to pay that out immediately after a war of such devastation is a huge feat considering that Nigeria was not even a major oil exporter in1970 and in 1970 oil prices were under $4 which when adjusted for inflation in today's money is $21.

It is a testament to the prudent financial management of Papa Awo who also kept the allocation of East Central state for 3 years and paid it all after the war


But they are not grateful and feel entitled to that payment. What have we done for the NE . Imagine finding 200 billion to give them today when oil prices in real terms are 3 X what they were in 1970

The standard of living was much lower. Let me put it in Perspective our standard of living then, There was no Lagos Ibadan Expressway. No East -West Road. PH to Aba was a single carriage way.The Air assault camp was the main airport in PH Omagwa airport did not exist. There was nothing like presidential jet. Where were the airports?
The country was broke with very little compared to today but still gave generously in the spirit or sacrifice and reconciliation

Idiko1:


The bolded is an idiotic conjecture only formed as a figment of silly imagination. Nigeria did not give £20 to every surviving male in Biafra. The £20 were given to anybody who had a proof of owing bank account before the Nigeria/Biafra war started.

JUSTICE4Nigeria:

And anyone who goes back to look at my broadcast in August 1967, which dealt with post-war reconstruction would see what I said there.
MEANING, If they had change the money the country will bankrupt, hahahahahah, so igbos hold the economy of Nigeria since 1808,lol, AWOLOWO SAID IT NOT ME OOO ,

Aidejay:
omo Wow!!!

Just last week I saw one person on twitter making that rubbish assertion that govt removed all the monies in the bank accounts of igbo people and gave each person "a paltry sum of" 20 pounds.

It's a bold lie, and little has been done to counter it. @aribisala0 you've made history oooh!

Very deep history lesson here. Probably learnt like 15 new things just browsing through this thread.

It's's sad Awolowo has been demonised so much by these people, but it's not too late to realize that man although not perfect isn't the devil they want us to believe he is.

So to me the topic of the thread is valid, the myth is Indeed busted. Another blow to the victim mentality.

Finally just for peace and self reflection let me be the first and only person on this thread to express my sympathies to those who suffered during the war on both sides. And to those who still suffer till today.

aribisala0:
How come to this day NOT ONE Igbo man has come out to produce a bank passbook to say "Here are my bank documents , I was denied my money. NOT ONE !!!

Aidejay:
omo Wow!!!

Just last week I saw one person on twitter making that rubbish assertion that govt removed all the monies in the bank accounts of igbo people and gave each person "a paltry sum of" 20 pounds.

It's a bold lie, and little has been done to counter it. @aribisala0 you've made history oooh!

Very deep history lesson here. Probably learnt like 15 new things just browsing through this thread.

It's's sad Awolowo has been demonised so much by these people, but it's not too late to realize that man although not perfect isn't the devil they want us to believe he is.

So to me the topic of the thread is valid, the myth is Indeed busted. Another blow to the victim mentality.

Finally just for peace and self reflection let me be the first and only person on this thread to express my sympathies to those who suffered during the war on both sides. And to those who still suffer till today.

nigeriancritic1:

Igbos are still paying reparation in kind for starting that war

Ovamboland:


So one person will come with 1m Biafran ojukwu pounds and demand to be given 1m Nigerian pounds. What will CBN do with the Biafran pounds it will collect? Use it to pay for imports or experts working in Nigeria? Will any Ibo accept biafran pounds as a settlement from CBN?

So want to give CBN monopoly money and collect real money? You have been practcing fraud a long time ago and claim it as a right

tishbite42:

Stop being clever by a half
Igbos had money in banks before the war started. Hope you are not denying that? That money was never Biafran Pounds.
I understand your pain.
After seizing Igbo money, the same Igbos are buying you up from Lagos, Ibadan to any place in Afonjaland.
It is really sad.
As for Awo, what Portable did is an apt summary of his 'legacy'