bakynes:
I think I agree with the OP here, first of all those banks then we're British owned, the indigenization policy by Gowon came to be after the Civil War which made those British banks now Nigerian banks like Union Bank(which was Barclay's bank my Grandmother worked there)and First Bank, so even if Igbos had money in the bank, those bank were not Nigerian bank so there is no way the govt would have seized their monies.

Second, like the OP said the minority tribes in the defunct Biafra of old Eastern region,none of them have come out to say they lost money in the banks except the Igbos why is that?

Third, how is it possible to go back to Biafra (after Ojukwu asked everyone to come back home) without going back home with money to feed and survive? Biafrans must have withdrew their money in the bank.

Fourth, we heard ojukwu looted the bank branches in the East and collected donations from people, asked people to exchange their Nigerian pounds for the Biafran pounds so how did the Biafrans who came from Nigeria have money to exchange, I thought they had all their money in the Nigerian(British controlled) banks and came home with nothing?

Infact, the story of Igbos lost money in the banks before they left for Biafra was a big sham.

Rotimik:


Thank you for this post.

We Yorubas have been the most kind to the Igbos of all ethnic groups in Nigeria, yet they are always looking for ways to malign us and cast aspersions on our character before the world.

It was on record that ACB, the bank with which most Igbos save their money's was bankrupted upon their leaving for the east.

Also, it took the intervention of Awolowo for the 20 pounds per person to be approved by the then military government.

It is only in Nigeria that you hear of such thing happening, that a government pays the others side like that after a war.

Rotimik:
Have you noticed when someone comes from the east to the west for the first time. The look of suppressed anger or fear.

Over the years as a child, I've wondered why. Now I know. Anger at or fear of Yoruba people because of what they have been told.

They later get over it when they find out, we are not the dangerous people they perceive us to be when they were being fed lies about us back at home.

JUSTICE4Nigeria:
propaganda at it best, igbo been business men have so much money in the bank before the war, after the war, whether u have equivalent or more than the aforementioned u will be given 20pounds just like given every igbo 20naira after all they have save in Nigeria bank, awolOwo took THE balance to buy shares in different company, due to they didn't laboured for it yorubas squandered the fund,

JUSTICE4Nigeria:
ROMANCE SECTION IS BEST FOR YOUR LIKE, SEEMS U JUST STUMBLED INTO THIS SECTION WITHOUT BRAIN, U CAN GO BACK TO ROMANCE SEC AND GET IT, THAT THEY HAVE YEARS TO PREPARE FOR WAR OR TO COME BACK AS ORDER......... BLA BLA BLA, AS IF U DONT KNOW GOING TO WAR WAS THE LAST THING ON OJUKWU's MIND,



CAN U IMAGINE THE CALIBRES AM ARGUING WITH, THAT I

Ngokafor:




Aww you have missed the plot bro..You dont implore this people from SW to be sensible or engage them like normal humans..you hit them below the belt without looking back...Match them propaganda for propaganda...That is their only medicine..
They have perfected the art of lies,false-hood,distortion of facts and history as well as delusions of grandeur that the devil itself will be green with envy...period.

obailala:
The FG didn't pay any money to Igbos, rather they returned a tiny fraction of the seized. If an Igbo man had £10,000 in his account, only £20 was returned to him; if the man had zero in his account, nothing was paid to him.

prodigy24:

You are insulting our intelligence with this nonsense.
My last post on this is, people lodged money into banks with hope of getting the equivalent, but was given a paltry of 20 pounds. My parents were victims, they told me that people contributed money across the village, but was disappointed when 20 pounds was given to them. Now answer me how much can 30 persons get from 20pounds? What ratio will you use to share it?
What happened? My parent forsake the money to the account owner, went home empty handed ,stared from the beginning and you are here .making conjectures. Why don't you go and ask people who are truly affected about their story, instead of you coming on nairaland to incur generational curses!

braivheart:


Take this post down.

You don't have to twist history to justify anybody's actions.

Decide henceforth to be truthful, you'd be respected for it.

aribisala0:

Factually do you have aa shred of evidence to back this claim?

It simply is not true. Many people may have CLAIMED they opened accounts. Have you got evidence of those who had papers and were denied

More importantly what you fail to tell us is assuming your claim is true what happened to the money.

Was their ever any legislation empowering government to take such money or did the banks benefit

Were Ikwerres affected ? Why not how not?

What about so called DElta Igbos?

Surely such a decree or law must have been gazetted
Surely it must have made it into ONE NEWSPAPER article somewhere ?

What was the size of Bank deposits in Nigeria in total. Surely there must be some evidence of something.



Did the Nigerian government confiscate the money? By decree or what mechanism?

Our laws are not secret!!
The banks were not government owned in fact one was British and the other partly British. They could not hand over money without a decree or gazette

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


Kid, 20 pound was paid to those whose money in the bank was above 20pounds not those with less . so stop calculating. the money paid was less than what they had in the bank. that was robbery by Awolowo


for your information kid op


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

obailala:
My grandfather is my source, he lost his entire wealth after the war.

horsepower101:
The problem with the OP is that he is yet to come to terms that his people, the Yorubas are the most incompetent humans that ever existed. He is in shock how the people given only 20 pounds 50 years ago came to surpass his people economically. His only reason of opening this useless thread is to propagate a false notion that the 20 pounds given to SOME igbos was a lot of money in order to make excuses for his people lack of drive and gross incompetence.

As ikechuob pointed out in a different thread, these people are the only region that didn't experience any war and should have all their cities highly developed. What is their excuse. That's why they would always run to backward Hausa Fulani because that's their only hope of stopping Igbo progress.

aribisala0:

Play? You folk are always sentimental and childish. So we should allow you rewrite and distort history unchallenged?
Just like your claim that 3 million people died? Which is another claim that has no basis in ANYTHING
Histoty is about establishing TRUTH
The idea that Bank accounts were taken over by the Nigeria State is one that needs examination.
Is it possib;e that this happened without any law,gazette or one single newspaper article.

|
As far as [ictures go who started the picture posting game? Scroll up and look for the first picture on this thread?

Please spare me the whining

Were orher Biafrans Affected or Just Igbos?
What about Ikwerres and Delta people with Igbo names

obailala:
The FG didn't pay any money to Igbos, rather they returned a tiny fraction of the seized. If an Igbo man had £10,000 in his account, only £20 was returned to him; if the man had zero in his account, nothing was paid to him.

Malawian:

What of "abandoned property" am sure you will deny that too.

obailala:
The FG didn't pay any money to Igbos, rather they returned a tiny fraction of the seized. If an Igbo man had £10,000 in his account, only £20 was returned to him; if the man had zero in his account, nothing was paid to him.

aribisala0:
What of it?

What is your question? I am not a mind reader

Malawian:

was there abandoned property or not?

aribisala0:
Was there abandoned property or not? I am sure in your mind what you are trying to say makes plenty sense. Communication is about sharing the content of your mind with other minds using a mutually comprehensible medium.

If you do not communicate clearly I am not prepared to make assumptions about what you mean.

Asking me whether there was abandoned property is like asking me

Was there fried egg or not .

What is the context or meaning of that?

aribisala0:

Factually do you have aa shred of evidence to back this claim?

It simply is not true. Many people may have CLAIMED they opened accounts. Have you got evidence of those who had papers and were denied

More importantly what you fail to tell us is assuming your claim is true what happened to the money.

Was their ever any legislation empowering government to take such money or did the banks benefit

Were Ikwerres affected ? Why not how not?

What about so called DElta Igbos?

Surely such a decree or law must have been gazetted
Surely it must have made it into ONE NEWSPAPER article somewhere ?

What was the size of Bank deposits in Nigeria in total. Surely there must be some evidence of something.



Did the Nigerian government confiscate the money? By decree or what mechanism?

Our laws are not secret!!
The banks were not government owned in fact one was British and the other partly British. They could not hand over money without a decree or gazette

Malawian:

I though my question required just a "yes" or "no" answer.

obailala:
My grandfather is my source, he lost his entire wealth after the war.

aribisala0:

Emotional stuff. Of no moment or value to Historians.
The job of the Historian is to establish FACTS not experience the history, which is an absurd proposition.

The issue here is if your folk left money in banks what happened to it? Who took it? Are not those legitimate questions?

aribisala0:
I am sure you think that .To me your question has no meaning.I have no idea what you mean

achi4u:
Bros you have repeated this line too much not minding that government of that period can do anything under the sun punish his enemy (Igbos), you people can bomb hospitals, schools, Churches and even market where you know that children and women could be hiding, so what is there that you cannot do?
Just tell the banks to check those accounts that are dormant for the period of 3 years declare the Owner death... What's the big deal here

aribisala0:
That may be true but there is an interesting word called historicity.Check it up.

The fact remains that there is not a single shred of contemporaneous documentary evidence from a people as educated (at the time)the Igbos is telling. No newspaper articles,No cries to UN, even Frederick Forsyth had nothing to say. Chinua Achebe did not write a single contemporaneous paragraph anywhere about it? did they not keep records too?
Barclays bank was a British bank.Why

I don't buy it

prodigy24:

Your parents are the liars here, I can say it to their face! You low life think you have opinion on everything. Curse be upon you!