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Nairaland Forum / Nairaland / General / Politics / Throwback:Nigeria Problem Is Not Money, But How To Spend It- Gowon (785 Views)
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Throwback:Nigeria Problem Is Not Money, But How To Spend It- Gowon by Nobody: 11:16pm On Nov 26, 2020 |
Nigeria Problem Is Not Money, But How To Spend It. Words that has now come to haunt former Head of State, Yakubu Gowon, after he was accused of stealing half of Nigeria Central Bank by Conservative MP Tom Tugendhat.. This statement was made during the visit of Queen Elizabeth of England. When he was addressing her and her entourage, he stated that Nigeria was too rich that he did not know what to do with the money.That was the time when money was really everywhere and country was flowing with milk and honey, but he was unable to harvest the money for the future. 1 Like
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Re: Throwback:Nigeria Problem Is Not Money, But How To Spend It- Gowon by debbydams(f): 11:18pm On Nov 26, 2020 |
How far? This news � go credit � my accts |
Re: Throwback:Nigeria Problem Is Not Money, But How To Spend It- Gowon by SpecialAdviser(m): 11:21pm On Nov 26, 2020 |
And UK judiciously asked him for a keep. Just like Switzerland asked Abacha. If only our generation will understand that our money was used to rebuild half of Europe about 30yrs after WW2. We all watch beautiful European football as slaves built from sweats of our fathers. 3 Likes |
Re: Throwback:Nigeria Problem Is Not Money, But How To Spend It- Gowon by Nobody: 11:22pm On Nov 26, 2020 |
debbydams:Just throwback on history before you were born. 1 Like |
Re: Throwback:Nigeria Problem Is Not Money, But How To Spend It- Gowon by risos(m): 11:24pm On Nov 26, 2020 |
Typical black man mentality, even with the raging poverty back then. I'm not going to waste my hope, never again. Now remember how padding of contracts started and how the country came to be fantastically corrupt. The corruption in Gowon's administration culminated in the notorious "cement armada"[23] in the summer of 1975, when the port of Lagos became jammed with hundreds of ships trying to unload cement. Somehow, agents of the Nigerian government had signed contracts with 68 different international suppliers for the delivery of a total of 20 million tons of cement in one year to Lagos, even though its port could only accept one million tons of cargo per year.[24] Even worse, the poorly drafted cement contracts included demurrage clauses highly favorable to the suppliers, meaning that the bill began to skyrocket if the ships sat in port waiting to unload (or even if they sat in their home ports waiting for permission to depart for Nigeria). The Nigerian government did not fully grasp the magnitude of its mistake until the port of Lagos was so badly jammed that basic supplies could not get through. By that time it was too late. Its attempts to repudiate the cement contracts and impose an emergency embargo on all inbound shipping tied up the country in litigation around the world for many years, including a 1983 decision of the U.S. Supreme Court. ~WIKIPEDIA I'm joking, believe at your own peril 2 Likes |
Re: Throwback:Nigeria Problem Is Not Money, But How To Spend It- Gowon by debbydams(f): 11:25pm On Nov 26, 2020 |
RuudVanNisteroy:yeye.. Where were u den ![]() |
Re: Throwback:Nigeria Problem Is Not Money, But How To Spend It- Gowon by Rugaria: 11:43pm On Nov 26, 2020 |
That picture was taken few years after independence! It shows a very starry eyed young uncultured Nigerian army officer who has just murdered his harmless commander in chief, being welcomed glamorously by the queen of England! The imperialist head of the same country that was just chased away from their colonial perch in Nigeria. That British throne, angered by the grand efforts of the pro independence leaders led in the main by such ebullient Eastern pan africanists like Nnamdi Azikiwe, MI Okpala, Mbu, Akanu Ibiam and co irritated the British so madly that they midwived a political crises in Nigeria in order to find enough room to pay back the igbos! Gowon and his fellow mobsters, which includes one treacherous awolowo, Obasanjo, buhari, Babangida, abacha, murtala all latched on a latent phobia for the Igbo man's guts to unleash the first modern black on black genocide in Africa, setting the template for subsequent massacres in such places as Rwanda, Burundi, Congo, Liberia, Sierra Leone, Angola etc. In the end, these officers only succeeded in turning Nigeria, the most populated black nation on earth into a gigantic monument of shame and mockery for the black man! After killing 5 million people, mostly children, Gowon created a state where her women walk through the desert and swim across the Mediterranean, just to go and prostitute in Italy! A country where nothing works except scamming! A giant ridicule to the black man's claims to greater cultural sophistication. Today we are still paying the British and her European gang members billions on yearly basis through their oil coy fronts for supplying for those weapons that wranckled the chains of Biafra but stiffled Nigerias hope to be a modern state in the process. Ofcourse, They are all billionaires today, the buharis and Obasanjos and Babangidas and CBN Gowon, but Nigeria is now the world's capital of poverty! The quee at the embassies, as Nigerians take all sorts of insults from foreigners just to be allowed to run away from their "fatherland"! The Biafrans called them "the Vandals", and they actually ended up vandalizing the biggest hope of African renaissance. Whenever they die, we should all map out a day to go and urinate on their graves for being such great nuisance to humanity while they lived.. 2 Likes |
Re: Throwback:Nigeria Problem Is Not Money, But How To Spend It- Gowon by Nobody: 11:52pm On Nov 26, 2020 |
risos: He was just like Shagari,Goodluck Jonathan and Buhari that feigned ignorance, while massive corruption went under their noses and they did nothing about it, while forming "integrity". |
Re: Throwback:Nigeria Problem Is Not Money, But How To Spend It- Gowon by Quoter: 2:02am On Nov 27, 2020 |
fnep2smooth:There is no truth in what he's saying. Nigeria doesn't have money. 1 Like |
Re: Throwback:Nigeria Problem Is Not Money, But How To Spend It- Gowon by tobechi20(m): 3:56am On Nov 27, 2020 |
Lah Mohammed said It was a lie and if he was in government then. The way we are quick to deny |
Re: Throwback:Nigeria Problem Is Not Money, But How To Spend It- Gowon by Nobody: 7:11am On Nov 27, 2020 |
Quoter:When Gowon made that statement Nigeria had money and out population was just about 50 million people. He could have set us on a path of anti-corruption and good governance and he failed. He could have been the catalyst of good governance, that could have seen Nigeria surpass South Africa in development. |
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