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Nairaland Forum / Nairaland / General / Politics / Throwback Thursday: Photo Of The 1971 Decree That Froze All Igbo Bank Deposits (2805 Views)
Fidelity Bank Is An Igbo Bank, pro biafra bank / Students Rioted In Lagos In 1971 Over The Death Of 2 Demonstrators (Throwback) / IPOB: Nnamdi Kanu Places N1m Bounty On All Igbo Governors (2) (3) (4)
Throwback Thursday: Photo Of The 1971 Decree That Froze All Igbo Bank Deposits by MadPolitician: 7:14am On Sep 26 |
I tried my best to read the letters from the old Daily Times announcement with my terrible eyes, and this iswhat i got.. The federal government has decreed that all bank deposits made in the three eastern states, except Calabar, between May 31 1967 and January last year, should not be honoured by any bank in Nigeria.
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Re: Throwback Thursday: Photo Of The 1971 Decree That Froze All Igbo Bank Deposits by MadPolitician: 7:19am On Sep 26 |
In a decree just published in Lagos, the government says the banks may however honour as par any deposit accounts maintained before May 31, 1967, but not operated in any manner between that date and January 12 last year. You seen this part of this evil decree? That was where Lucifer and all his evil angels came down to earth to work. Whosoever took time to craft this, deserve a place at the right side of the devil. That the federal government led by Gowon and the Ministry of Finance led by one Awolowo, injected this line in such obnoxious decree against a people who just survived a genocide, is patently evil. How on earth did you expect that no one would have accessed his/her accounts or withdraw from it in a war zone , if he had the chance? I mean with starvation as the biggest main instrument of the war? And how can you stipulate that even if its for withdrawals, once the accounts were used, it becomes frozen! for eternity!?? Explain that.. God dey shaa 14 Likes 1 Share |
Re: Throwback Thursday: Photo Of The 1971 Decree That Froze All Igbo Bank Deposits by illicit(m): 7:21am On Sep 26 |
Let bygones be bygones or you buy more guns 22 Likes 2 Shares |
Re: Throwback Thursday: Photo Of The 1971 Decree That Froze All Igbo Bank Deposits by CodeTemplarr: 7:23am On Sep 26 |
They brought it back already but on lowly Nigerians. 2 Likes |
Re: Throwback Thursday: Photo Of The 1971 Decree That Froze All Igbo Bank Deposits by Salewa97: 7:26am On Sep 26 |
The above was a deliberate attempt to cripple the economy of the then SE region. The question is why should the region be punished for the actions of their leaders then? 24 Likes 1 Share |
Re: Throwback Thursday: Photo Of The 1971 Decree That Froze All Igbo Bank Deposits by Tranquillity360: 7:26am On Sep 26 |
Awolowo stole all those money promised his people that their superior are down forever. That's why they are envying and hating on seeing how God have make them stronger again. They even declared indigenization few months later because Igbos has no money to participate. Today where are those companies they took over. 25 Likes 2 Shares
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Re: Throwback Thursday: Photo Of The 1971 Decree That Froze All Igbo Bank Deposits by Beremx(f): 7:28am On Sep 26 |
With 20pounds we became stronger. We have moved on....no going back!!! 16 Likes |
Re: Throwback Thursday: Photo Of The 1971 Decree That Froze All Igbo Bank Deposits by Burruchaga71(m): 7:31am On Sep 26 |
It will never be well with Druggie. 7 Likes |
Re: Throwback Thursday: Photo Of The 1971 Decree That Froze All Igbo Bank Deposits by shivisee: 7:32am On Sep 26 |
Why would Ojukwu out of wickedness quickly raid all the neighbouring banks even when government were reluctant in going ahead with the war?? Why did ojukwu in his deluded brains quickly sold all the oils in the neighbouring south south state,killing all indigenous dissents that went against him! So government should not protect the vulnerable states Ojukwu in his deluded and greedy brains was thinking he will use south south oil to fight the federal government ! Thinking in his deluded brain that he had advantage over the federal government! So greedy he had to corner all foods meant for civilians,babies, women,kids! For him selves and his deluded Biafran soldiers! You can imagine how greedy an Ibo man can condescend to just to grab power! But alas,little did he know his masters AWOLOWO understand all his greedy antics and his evil agenda!the rest is history! GOD BLESS GOWON! God bless AWOLOWO! 13 Likes 4 Shares |
Re: Throwback Thursday: Photo Of The 1971 Decree That Froze All Igbo Bank Deposits by Nonybb: 7:34am On Sep 26 |
With 20 pounds we are still stronger and richer than Buhari's cousins in Daura after he looted the country 14 Likes |
Re: Throwback Thursday: Photo Of The 1971 Decree That Froze All Igbo Bank Deposits by Macphenson: 7:35am On Sep 26 |
Can you imagine the wicked, draconian, selfish, inhumane and evil policy dished on Igbos by Awolowo who was then the finance minister? They even went further to decree that their action will not be challenged in any court to further perpetuate their evil. Awolowo is a pure definition of evil. The good thing is that his myopic reasoning and evil machinations NEVER stopped the great Igbo Nation from making progress. Am sure he will be gnashing his teeth in the hottest part of hell seeing that those he planned to wreck and annihilate have come up to buy his ancestral lands, and are leading in all human, social and economic development indices. Little wonder his biased free education to his kinsmen yielded no dividends visibly today. 12 Likes 1 Share |
Re: Throwback Thursday: Photo Of The 1971 Decree That Froze All Igbo Bank Deposits by tungamaje: 7:40am On Sep 26 |
I am proud to be Igbo. The more you press them down, the more they wax strong. Their aim was to make sure Igbos were pauperized so that they would beg before they eat. But God pass them all 17 Likes 1 Share |
Re: Throwback Thursday: Photo Of The 1971 Decree That Froze All Igbo Bank Deposits by tungamaje: 7:44am On Sep 26 |
shivisee:And that's the reason the 'master' decided to starve innocent women and children and also made sure the Igbo masses who just survived a genocide must not have access to their funds. The man was a wicked and devilish master. But the God's people survived 11 Likes 1 Share |
Re: Throwback Thursday: Photo Of The 1971 Decree That Froze All Igbo Bank Deposits by Shadomaan7: 7:50am On Sep 26 |
Those who lost their investments in the bank would have been compensated after the war. 13 Likes |
Re: Throwback Thursday: Photo Of The 1971 Decree That Froze All Igbo Bank Deposits by MadPolitician: 7:52am On Sep 26 |
Shadomaan7: Compensated with the "abandoned properties" policy? 2 Likes 1 Share |
Re: Throwback Thursday: Photo Of The 1971 Decree That Froze All Igbo Bank Deposits by Golan007: 7:57am On Sep 26 |
In many cases, those who lose war pay the cost of financing the war. You should be grateful. 15 Likes 2 Shares |
Re: Throwback Thursday: Photo Of The 1971 Decree That Froze All Igbo Bank Deposits by Anither563: 7:57am On Sep 26 |
The whole essence of the decree was to prevent the Igbos from using their funds to finance Biafra and it worked. 26 Likes 2 Shares |
Re: Throwback Thursday: Photo Of The 1971 Decree That Froze All Igbo Bank Deposits by Mindlog: 8:14am On Sep 26 |
My father as a young man, came back to Lagos after the war empty-handed and was reabsorbed by Bata shoes where he worked before the war started... few years later, he retired from Bata shoes after being in charge of their shoes' sole production line, bought plots of land not too far from the Bata shoe factory and started his own block making factory, employed many Ghanaian workers to run a 24hrs production shift using the knowledge he gained from his British bosses in Bata shoes. He was a subcontractor during the construction of the National Arts Theatre and Festac Town, supplying blocks, granite and gravel, later supplied blocks during Jakande's tenure, for the construction of classroom blocks he built to increase school enrolment of Lagos children. When there is the will, there is a way no matter the obstacles. 17 Likes 3 Shares |
Re: Throwback Thursday: Photo Of The 1971 Decree That Froze All Igbo Bank Deposits by MrFourSHIRTS: 8:22am On Sep 26 |
I thought Igbo people has the best weapons and economic institutions? If awolowo said the banks there should close, what stops the coward Ojukwu from introducing his own currency and strengthening it against the Naira? 6 Likes 4 Shares |
Re: Throwback Thursday: Photo Of The 1971 Decree That Froze All Igbo Bank Deposits by MrFourSHIRTS: 8:24am On Sep 26 |
MadPolitician: Will you shut your dirty mouth. Losers will always find a way to complain. You Igbo people went on rampage killing military leaders and out of cowardice introduced session. It was a war and your leader ran away. A true leader will stay and die for his EGO and people. That was the same way Nnmadi Kanu ran away before he was friendly called back to Nigeria through Kenya 7 Likes 3 Shares |
Re: Throwback Thursday: Photo Of The 1971 Decree That Froze All Igbo Bank Deposits by MrFourSHIRTS: 8:28am On Sep 26 |
Beremx: Move back to Anambra... Your destiny is not buried in Lagos 2 Likes 3 Shares |
Re: Throwback Thursday: Photo Of The 1971 Decree That Froze All Igbo Bank Deposits by Golan007: 8:39am On Sep 26 |
Mindlog: Shows that Nigerians accepted and integrated him to their fold even after the war. 🙏🏾 19 Likes 2 Shares |
Re: Throwback Thursday: Photo Of The 1971 Decree That Froze All Igbo Bank Deposits by MadPolitician: 8:49am On Sep 26 |
Golan007: Stay in one place. Avoid your perennial chameleonic traits for once. In your initial post, you were celebrating that Nigeria made those who lost the war "pay the war cost" Here, you are desperately trying to celebrate the warped notion that "Nigeria accepted and integrated them to their fold", simply because a man refused to die. Can you just choose a side, stick to it, grind it to the last, wear it like a badge of honor and stop running from pillar to post, battling your conscience? 14 Likes 1 Share |
Re: Throwback Thursday: Photo Of The 1971 Decree That Froze All Igbo Bank Deposits by trutharena: 8:50am On Sep 26 |
You go see small small wey don they hide come out |
Re: Throwback Thursday: Photo Of The 1971 Decree That Froze All Igbo Bank Deposits by Golan007: 8:51am On Sep 26 |
MadPolitician: Yes, you must pay the cost of war. That doesn't change the fact that you are integrated into society. You don't think you deserve any punishment for your tomfoolery. 4 Likes 1 Share |
Re: Throwback Thursday: Photo Of The 1971 Decree That Froze All Igbo Bank Deposits by Golan007: 8:52am On Sep 26 |
MadPolitician: I'm glad you made it clear that Bata still gave your war criminal dad a role after the war. 2 Likes 2 Shares |
Re: Throwback Thursday: Photo Of The 1971 Decree That Froze All Igbo Bank Deposits by CrownOfClay724: 8:56am On Sep 26 |
illicit:Will rather buy guns, if I'm the aggrieved. |
Re: Throwback Thursday: Photo Of The 1971 Decree That Froze All Igbo Bank Deposits by CrownOfClay724: 8:57am On Sep 26 |
Golan007: Lol. Your folks are practically paupers living in brown ruins. Who's punishing who? 7 Likes 1 Share |
Re: Throwback Thursday: Photo Of The 1971 Decree That Froze All Igbo Bank Deposits by CyrusVI(m): 8:58am On Sep 26 |
Confusedlady |
Re: Throwback Thursday: Photo Of The 1971 Decree That Froze All Igbo Bank Deposits by Golan007: 8:59am On Sep 26 |
1 Like |
Re: Throwback Thursday: Photo Of The 1971 Decree That Froze All Igbo Bank Deposits by DavidEsq(m): 9:01am On Sep 26 |
MadPolitician:Abeg I dey rest from yesterday's plenty stress. Make I no use laf wake madam 🤣🤣🤣🤣🤣🤣🤣🤣 2 Likes |
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