I am not Igbo. I am proud of my Urhobo. However, as a student of history, I wish to show just what these great people came/come against and
yet thrive. Okay, the incessant killings in the North will be glossed over so as to make this article not overly long. The civil war will also not be discussed.
However, post civil war, as I explained in my post MINORITY REPORT: THE SYSTEM IS RIGGED AGAINST YOU, the rich in Nigeria have major roots in the Indigenisation decree of 1972 and 1977. I reminded people how the banks gave people of other tribes, predominantly Hausas and Yorubas loans to buy up companies owned by foreigners. Now imagine the Federal government forced Chevron to sell 51 percent of its shares and that Access Bank will give you loans to buy the shares. How rich will you be in a year? 5 Years? That is how many Yorubas and Hausas got to own UAC, all those Dunlop, Leventis, Cadbury etc.
Now while this was ongoing, Awolowo/Gowon told the Nigerian banks to give twenty naira to any Igbo man that had money in the bank before the war. That is, if you had 5 naira before the war, you will be given the 5 naira. But if you had one million naira, you get just twenty naira in full fulfilment of the banks duty to give you your money.
Ask yourselves, why would the banks give Igbos only twenty naira? Did the banks collapse? So why pay less than you were given?
So while the banks were giving loans to Hausa and Yorubas to buy Oyibo companies they did not build, Igbos were being cheated out of their rightful moneys. Now note also that these people lost Houses and business across the land. It is safe to say that as at 1970/71, the richest Igbo had 20 naira that may be the equivalent of maybe one million naira.
Let us look at how Dangote made his money. He Dagote (a great man and pride to Nigeria) had an uncle called Dantata who owned huge chunks of the groundnut pyramids of the 50’s and 60’s. He gave Dangote a loan and Dangote paid it back in a record time – perfect. Then add that Dangote has had his “brothers” in government, from Shagari, Buhari, IBB, Abacha, Abdulsalami to Yar’Adua. When they now agreed to democracy, he was rich enough to have funded Obasanjo and so government policies, be it monopoly afforded him for rice, sugar flour and of course a large share of subsidy etc ensures he is the wealthiest Nigerian. Note that many had same opportunity but did not use it. We kowtow to Dangote’s investment capabilities.
Ask yourselves, why would the banks give Igbos only twenty naira? Did the banks collapse? So why pay less than you were given?
However, for the Igbo man, where will he see an uncle that will loan him money? The richest man in their family has how much as at then? So while Fani Kayode can inherit property of his father and grandfather and great grand father, a Chidi Kalu cannot inherit anything from his grandfather who had business in Kano or even Port Harcourt. Neighbours have made his dad’s storey building theirs, and even someone as educated as Ken Saro-Wiwa lived in an Igbo war emigrant house as his. (A sore point of the Niger Delta and Igbo Unity). WAEC building was Ojukwu’s dad’s building and like that building, thousands and the lands with it….lands worth billions today were taken from Igbos and each and every Igbo had tops 20 naira, destroyed homeland, stolen and destroyed wealth away from the East. Also his brother is never president that will give him oil block or fuel lifting. Out of 33, only one Igbo man and because he was in Obasanjo’s good graces.
YET LOOK HOW PROUD THEY STAND TODAY!!! Look what they have achieved for themselves….FIRST GENERATION WEALTH…top second generation. From being unable to send their first sons to school so he could help look after the shop, to producing first class brains in all departments of modern learning.
May God bless the writer of this article and all that would never shun or run away from embracing and speaking out the bitter truth they have observed.
God bless u