9jaRealist:



Murtala Muhammed was in charge of the Communications Ministry...
When the FIRST major $billion corruption scandal erupted in Nigeria re the ITT contract.
>

A very corrupt man he was. Murtala made his friend Abiola rich overnight

Before ITT Abiola was just a staff accountant at LUTH Lagos University Teaching Hospital... a financial nobody in Nigeria became Africa’s wealthiest man at some point and Murtala had just 7,000 naira abi? Mschewwwww

Thank God he left behind a good name that alone is more than silver and gold .

itsme01:


oga google the exchange rate then, and google the inflation rate

the fact that we have peagut plant working in kaduna then and people dont have to pay as high as $1000 to ship cars give that illusion that its more valueble..since we stopped producing many thing in the 90s from cloth to cars to iron and metal then we started paying higher due to import duty and shipping cost .. to an american $5000 USD adjusted with inflation isnt more than 10,000usd now

I guess we had Benz plant too. Like how much do you think it would cost to build a duplex in the 70s?
Have it in mind that the Naira is slightly more valuable than the Dollar as at 1976.