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1966 Coup:led To The Take Over And Privatisation Of Western Region Companies - Politics - Nairaland

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1966 Coup:led To The Take Over And Privatisation Of Western Region Companies by tamdun: 6:04pm On Sep 30, 2023
Did You Know Before Ewekoro Cement was taken over and privatized, Western Region was the one producing cement there called West African Portland Company with 39% Stake, UAC 10% Stake, APCM 51% stake.

There were about 30 ventures formed by the WNDC in partnerships with individuals and corporate entities especially foreign companies.

Companies formed in Partnership with the Western Nigerian Government Through Western Nigeria Development Cooperation ( WNDC)

1. Nigerian Plastic Company (1954) - Ibadan - WNDC 50% ( £32500)

2. Nidogas - Lagos - WNDC 30% (£30,000)

3.Nigersol Construction Company (1959) - Ibadan - WNDC 60% [ £120,000]

4. Nigerian Water Resources Development Company(1959) - Ibadan- WNDC 60% (£60,000)

5. Nigerian Pre-Pressed and Concrete Company - Abeokuta - WNDC 20% ( £50,000 )

6. Crittal Hope Nigerian Ltd - Mushin - WNDC 221/2% [ £25,000 ]

7. Vono (West Africa) - Mushin - WNDC 15% [£3,000]

8. Tower Aluminium Ltd - Ikeja - WNDC 35% [£29,000]

9. Asbestos Cement - Ikeja - WNDC 43%

10. Nigerian Company Sugar - Apapa

11. Nigerian Mosaic and Glass Manufacturing Company - Ikeja - WNDC 13 1/2 %

12. Pioneer Company Biscuit - Apapa

13. West African Portland Company - Ewekoro - WNDC 39%

14. Nigerian Textile Mills Ltd - Ikeja - 33%

Note: Ikeja and in fact, 99% of Lagos State was under Western Region.
Lagos that was FCT was only 28 sq mi out of 3,345 sq km2.

Pepsi Products- The soft drink of Western Nigerian Government. The most important thing is that the partnerships became one of the most successful ventures that enamoured the industrial economy of Western Nigeria from the 1960s.
Read the Full Document:
https://acrobat.adobe.com/id/urn:aaid:sc:EU:07de4836-42fa-44a4-b76f-aeb4f712bf0b

Re: 1966 Coup:led To The Take Over And Privatisation Of Western Region Companies by kettykin: 6:22pm On Sep 30, 2023
Most if not all the companies are now dead and have either been taken over by rodents turned into warehouses

1 Like

Re: 1966 Coup:led To The Take Over And Privatisation Of Western Region Companies by ElSudani: 6:32pm On Sep 30, 2023
kettykin:
Most if not all the companies are now dead and have either been taken over by rodents turned into warehouses

Are you surprised? The folks who took it over didn't know the importance in the first place. One of the results on the myopic decision of Ironsi to kill the regions.
WNTV was taken over and became NTA as well.

3 Likes

Re: 1966 Coup:led To The Take Over And Privatisation Of Western Region Companies by Biafrannuke: 6:37pm On Sep 30, 2023
ElSudani:


Are you surprised? The folks who took it over didn't know the importance in the first place. One of the results on the myopic decision of Ironsi to kill the regions.
WNTV was taken over and became NTA as well.
If you don't know who "killed" the regions, how do we trust what you just dished out?

1 Like

Re: 1966 Coup:led To The Take Over And Privatisation Of Western Region Companies by Jogs1900: 6:53pm On Sep 30, 2023
That's their plan before to grab other peoples resources and investments using one Nigeria.
Even at that, old western region is still ahead of ironsis region

3 Likes

Re: 1966 Coup:led To The Take Over And Privatisation Of Western Region Companies by tamdun: 7:01pm On Sep 30, 2023
Biafrannuke:
If you don't know who "killed" the regions, how do we trust what you just dished out?
Ironsi killed the region

1 Like

Re: 1966 Coup:led To The Take Over And Privatisation Of Western Region Companies by yoruboid: 7:50pm On Sep 30, 2023
Biafrannuke:
If you don't know who "killed" the regions, how do we trust what you just dished out?

Ironsi abolished the regions

Azikiwe kicked against the exit clause in the constitution. He was the first to use the phrase “one Nigeria”

A coup led by mostly Igbo soldiers killed leaders in other regions but spared theirs. After that you expected the North who were most affected to have taken it lying low. During the war, the Biafran soldiers buried Ikwerre men and others in the SS alive and raped their women

After the war, Yorubas returned their properties to them after the war but they lost all they had in PH.

Yorubas have taken enough from these ungrateful and intolerant lots

PBAT made a mistake by appointing one of them a Commissioner as Governor when when a Governor in Anambra would never appoint a PS from Ebonyi

Very ungrateful lots

6 Likes

Re: 1966 Coup:led To The Take Over And Privatisation Of Western Region Companies by tamdun: 9:51pm On Sep 30, 2023
yoruboid:


Ironsi abolished the regions

Azikiwe kicked against the exit clause in the constitution. He was the first to use the phrase “one Nigeria”

A coup led by mostly Igbo soldiers killed leaders in other regions but spared theirs. After that you expected the North who were most affected to have taken it lying low. During the war, the Biafran soldiers buried Ikwerre men and others in the SS alive and raped their women

After the war, Yorubas returned their properties to them after the war but they lost all they had in PH.

Yorubas have taken enough from these ungrateful and intolerant lots

PBAT made a mistake by appointing one of them a Commissioner as Governor when when a Governor in Anambra would never appoint a PS from Ebonyi

Very ungrateful lots
Their matter taya me

4 Likes

Re: 1966 Coup:led To The Take Over And Privatisation Of Western Region Companies by T9ksy(m): 10:12pm On Sep 30, 2023
tamdun:

Their matter taya me.....


.....and me, too!

2 Likes 1 Share

Re: 1966 Coup:led To The Take Over And Privatisation Of Western Region Companies by Uchek(m): 10:17pm On Sep 30, 2023
Who are the people that wants to grab other people’s resources in the guise of One Nigeria?
Jogs1900:
That's their plan before to grab other peoples resources and investments using one Nigeria.
Even at that, old western region is still ahead of ironsis region
Re: 1966 Coup:led To The Take Over And Privatisation Of Western Region Companies by Uchek(m): 10:19pm On Sep 30, 2023
If Ironsi abolished the regions, what did he replace it with? How states did he replace it with? What was the names of the state governors he appointed after abolishing the regions?


yoruboid:


Ironsi abolished the regions

Azikiwe kicked against the exit clause in the constitution. He was the first to use the phrase “one Nigeria”

A coup led by mostly Igbo soldiers killed leaders in other regions but spared theirs. After that you expected the North who were most affected to have taken it lying low. During the war, the Biafran soldiers buried Ikwerre men and others in the SS alive and raped their women

After the war, Yorubas returned their properties to them after the war but they lost all they had in PH.

Yorubas have taken enough from these ungrateful and intolerant lots

PBAT made a mistake by appointing one of them a Commissioner as Governor when when a Governor in Anambra would never appoint a PS from Ebonyi

Very ungrateful lots
Re: 1966 Coup:led To The Take Over And Privatisation Of Western Region Companies by tommy589(m): 6:45pm On Oct 01, 2023
Uchek:
If Ironsi abolished the regions, what did he replace it with? How states did he replace it with? What was the names of the state governors he appointed after abolishing the regions?



No region was abolished but their autonomy was reduced and the center was bestowed with more power. This was done in total disregard to the constitution that all the tribes agreed to.

Note: Regions since 1914 are given along with Lagos Federal Territory formed in 1954. The Eastern and Western regions gained self-rule in 1957 as did the Northern region in 1959. Military governors were installed after the coup of 15 Jan 1966. During the abolition of federalism 24 May - 31 Aug 1966, the regions were re-designated "groups of provinces," and the governors continued in office under the new designations. In 27 May 1967 the regions were dissolved and 12 states created instead. Copied

https://www.worldstatesmen.org/Nigeria_regions.html

ng-government-gazette-supplement-dated-1966-05-24-no-51-part-a.pdf

"civil servants and university students of northern origin fearful of future career prospects in the public service. As former President Shehu Shagari put it in his biography “Beckoned to Serve”, …’From the northern viewpoint, the implications of all this in terms of distribution of power, the allocation of public resources and amenities, the prospect of Igbo and southern domination, and the threat to mainstream northern ways of life were unmistakable.’ Opposition to unification in particular was spearheaded by northern students and civil servants" Copied

It is on record that the northern military boys that struck,led by Murtala Mohammed,had commandeered planes at Ikeja Airport to leave the Federation with their families. Just because the chance of competitiveness with other regions don't exist under Unification Decree

3 Likes

Re: 1966 Coup:led To The Take Over And Privatisation Of Western Region Companies by BloomingDale(f): 6:50pm On Oct 01, 2023
Re: 1966 Coup:led To The Take Over And Privatisation Of Western Region Companies by ElSudani: 11:02pm On Oct 06, 2023
Biafrannuke:
If you don't know who "killed" the regions, how do we trust what you just dished out?

The Jagaban of Africa the destroyer of gbajue candidates.

Re: 1966 Coup:led To The Take Over And Privatisation Of Western Region Companies by Zupay: 11:10pm On Oct 06, 2023
ElSudani:


The Jagaban of Africa the destroyer of gbajue candidates.

As e dey hot. cheesy cheesy cheesy

Re: 1966 Coup:led To The Take Over And Privatisation Of Western Region Companies by ElSudani: 11:17pm On Oct 06, 2023
Zupay:


As e dey hot. cheesy cheesy cheesy

He said "Emi lokan" and God said, Yes so shall it be. Who God has blessed, no one can curse.
Neither Atiku nor Obi and the headless mob.

Re: 1966 Coup:led To The Take Over And Privatisation Of Western Region Companies by ayokellany: 7:40am On Oct 07, 2023
Igbos n that is obvious to the blind

Uchek:
Who are the people that wants to grab other people’s resources in the guise of One Nigeria?

2 Likes

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