How They Invented Corruption In Nigeria
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- čas přidán 11. 09. 2024
- In 1949, a company belonging to Dr. Nnamdi Azikiwe and his family, bought a bank in Lagos. The bank was bought with the intention to have a bank controlled by a black Nigerian, which will serve the interest of other Nigerians.
Because then, banks were owned and controlled by the British, so Azikiwe desired to have a bank that Africans can call their own, which would break the British banking monopoly in Nigeria.
The name of the bank then, was African Continental Bank.
However, after some years, a report about transactions carried out by the bank showed that although Nnamdi Azikiwe had resigned as chairman of the bank, when he took office as the Premier of Eastern region in 1954, but the active chairman of the bank as at the time of the report, was his friend.
The report revealed that most of the paid-up capital of the bank, were from the Eastern Regional Financial Corporation.
Before Nnamdi Azikiwe's corruption case, in 1943, Sir Ahmadu Bello was sentenced to one year in prison by the Sultan of Sokoto's court for misappropriating cattle tax which he collected from cattle owners in Gusau region, in present day Zamfara state, where he was the Councillor.
Today, corruption in Nigeria now have a new shape, where animals are now used to steal public fund.
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#Nigeria #documentary #politics #africannews
Wow
Fantastic thank you 🙏🏾
Thank you too, Oseremen.
Thanks
Thank you too, Webdancer.
This is a crazy exposition😮
Thank you, Mr Natha.
Fela sang about it 😂
What's the name of the song, let me check it out.
@@UcheolisaThe name of the Fela Kuti's song is called ARMY ARRANGEMENT
czcams.com/video/h6ouQTAaxHc/video.htmlsi=qemjMEVAg4tYVfAr
@@UcheolisaThe name of the song Fela Kuti sang about it is called ARMY ARRANGEMENT
czcams.com/video/h6ouQTAaxHc/video.htmlsi=qemjMEVAg4tYVfAr
Femi Kuti also sang about The Operation Feed The Nation and Green Revolution.
Song title is called NAWA
czcams.com/video/hgsFtBR8K50/video.htmlsi=hYfLNIZMDPHvtAzw
The name of the Fela Kuti song about the 2.8 Billion is called ARMY ARRANGEMENT
czcams.com/video/h6ouQTAaxHc/video.htmlsi=qemjMEVAg4tYVfAr
You're doing well nwanne m
Thank you so much, Iyke.
I really appreciate.
God bless you.
Corruption is endemic 😂
It is obvious. Because I don't understand how it keeps getting worse daily.
THE ENTIRE LEADERS SHOULD BE SERIOUSLY INVESTIGATED EVEN DEAD ONES FAMILIES SHOULD RETURN BACK THE STOLEN ASSETS NO ONE SHOULD BE SPARED BECAUSE THEY ARE ALL RESPONSIBLE FOR THIS ASSETS AND IT CAN BE RETURNED THROUGH PROPER DUE PROCESS BECAUSE THIS IS A STOLEN ASSETS ACCOUNTABILITY IS VERY EASY IT WILL BE DISCOVERED IN A SHORT PERIOD
Yes, it is easy to recover and some of the assets are still in use, but the major problem is, corruption has eaten deep into the political and social systems in Nigeria, even those who are to investigate them, have skeletons in their cupboard. So, they will compromise.
GENERAL OBASANJO NET WORTH IS ABOUT THIRTY BILLIONS AND BUHARI IS ABOUT FORTY FIVE BILLIONS JONATHAN IS FIFTEEN BILLIONS MORE THAN 2 TRILLIONS UNITED STATES DOLLARS ARE WITH NIGERIANS PAST LEADERS INCLUDING THE GOVERNORS FASHOLA HAS OVER $25,000,000,000 NET WORTH I DONT UNDERSTAND WHY PEOPLE SHOULD BE SUFFERING WITHOUT NO ENDS
😂😂😂 Tafawa Balewa was never corrupt yet killed by the igbos.
K!lled by the Igbos?
What is the Igbo person that k!lled him?
@sullemankaigasani. Mallam your source???
He is yet to reply.
Don't tarnish a good man's name all in the name of content, better get your facts right
Which particular man are you talking about?
This video was done to expose how corruption started in Nigeria, yet you ended it with perhaps the most corruptible head of state Nigeria has ever had talking to CNN's Amanpour about corruption. What an irony..lol 😂😅😂
😁That end part was used because of what he said there, how the money made for arms acquisition was stolen.