₦airaland Forum

Last, last, what became of this foundation?



Can NL enlighten us more?

10m in 1986 is crazy..this man really chop life but seems he preferred living a quiet life..no noise if this man been wan buy the whole lekki and epe then he for done do am but last last his boy dangote pack the whole land for 100m dolls..some ppl come this life to enjoy and he lived to a good old age.rest well alhaji

LagosOrigin:
10 million naira then is like 5 billion naira today

It should be more than that, my Dad bought pick-up van (404) for 4k in 1984. Check d value with comparison of old ND new prices

[quote author=Blitzking post=135915357]10m in 1986 is crazy..this man really chop life but seems he preferred living a quiet life..no noise if this man been wan buy the whole lekki and epe then he for done do am but last last his boy dangote pack the whole land for 100m dolls..some ppl come this life to enjoy and he lived to a good old age.rest well alhaji[/quot e]

The name reigned so well then like dangote today. He has been a powerful philanthropist then making him so versatile

Confiture:
See money. That money is like 1 billion now o. RIP man

Like 10 billion now. I can tell you this for a fact. Even if the early 90's one million na big money. You can see how much the likes of Babangida and Abacha donated.

Igbo community still represented. Good people with pure and generous mindset. 1986 when they just came out of war and were persecuted with awolowo's 20kobo agenda, they were still able to show their host community how dogged the race is with such humongous amount of money.

God continue to bless and protect his children

That should be Worth like 1 billion now or even more....

LagosOrigin:
10 million naira then is like 5 billion naira today

I think it's far more than that. Chatgpt says it's over 100billion, adjusting for inflation.

Also considering that a brand new Peugeot 504 was about N5000 then, which means that money could purchase a about 200 of such.

Brazino:
But they can't help a dying individual privately.
Why is life like this?

Because a dying individual can't be trusted...
Some people deserve the evil that befalls them...
People also lie and pretend...
You think we rich people don't know what we're doing?

MrIcredible:
Because a drying individual can't be trusted...
Some people deserve the evil that befalls them...
People also lie and pretend...
You think we rich people don't know what we're doing?

We Rich People! How Appalling

I Learn A New one Today 🤔

About 5Million dollars then
This is huge oooooo

Confiture:
See money. That money is like 1 billion now o. RIP man

before you call it one billion, remember that naira and dollar were equal then and a tin of 450g peak milk powder was around five naira then

MrIcredible:
Because a drying individual can't be trusted...
Some people deserve the evil that befalls them...
People also lie and pretend...
You think we rich people don't know what we're doing?

Even PETER OBI refused to call himself Rich when he has everything money can buy, but here you are labelling yourself as Rich. Who told you ?
Rich people don't call themselves rich, people call them rich. Be humble and stop being Braggadocios

Above 15b sir, because as at then Naira was above $ now $1 is above 1570 multiple by 10m that 15.7b

Saladdin:
One Billion ke? That fund should be in the range of 6-10bn in today's Naira.

What a shame....Imagine the useless Abacha donated just #5,000 upon all the looting of the Nigeria funds........shameless man

Numerouno94:
.

Way more than 1 billion naira. 10 million then is likely not less than 10 billion naira 2day.

It's about 8.45 billion Naira today. Pere.

The babalawo wey tie 9ja must have been killed by IBB.

Na only IBB know wetin he use 9ja destiny take do.

VicM6:
What a shame....Imagine the useless Abacha donated just #5,000 upon all the looting of the Nigeria funds........shameless man

How old are you now 😂😂😂😂😂 this is not for Gen Z’s 😂😂as at 1986 Babangida was the head of state and Abacha was a nobody

PrincessofDSS:
How old are you now 😂😂😂😂😂 this is not for Gen Z’s 😂😂as at 1986 Babangida was the head of state and Abacha was a nobody

I be gen N.... .....But imagine how much 5k would be as of then, talk less of 10M naira.....nawa o

PrincessofDSS:
How old are you now 😂😂😂😂😂 this is not for Gen Z’s 😂😂as at 1986 Babangida was the head of state and Abacha was a nobody

but truth be told...dem neva born me by that time and i can bet my black ass, dem neva born u too....lol

Abacha donated 5kkkkkkkkkkkkkkkkkkkkkkkkkk

Dangote is also the list with 1 Million Naira donation. His real name is there Aliyu Gote. Dangote means the son of son of Gote

Dashlish:
We Rich People! How Appalling

I Learn A New one Today 🤔

Lol
Wahala
Poor man and vex... Na small thing dey quickly vex una

MrIcredible:
Lol
Wahala
Poor man and vex... Na small thing dey quickly vex una

.


Smile😊, Is It Your Poor? We Like It That Way Not To Be Tampered With

PrincessofDSS:
How old are you now 😂😂😂😂😂 this is not for Gen Z’s 😂😂as at 1986 Babangida was the head of state and Abacha was a nobody

Abacha wasn't a nobody. He was the chief of army staff and second-most influential figure in the IBB regime at the time.

naptu2:
Launching of the Kano Foundation in 1986

Look at the names of the two highest donors: Alhaji Aminu Dantata and Alhaji Isyaku Rabiu. Aminu Dantata's grandnephew, Aliko Dangote, is currently the richest man in Nigeria, while Khalifa Isyaku Rabiu's son, Abdulsamad Isyaku Rabiu, is currently the second richest man.

Alhaji Dan Kabo of Kabo Airlines also donated some money in the name of Kabo Holdings.

I told you that President Babangida would usually personally donate a few thousand naira and then donate a few million on behalf of the Federal Government. Gani Fawehinmi sued him because of the donations on behalf of government ( "Where did the money come from? How can you donate money that is not budgeted for"? ).

However, in this case Generals Babangida and Abacha only donated personally, there was no donation on behalf of government (probably because the institution was not a government institution).

This was an event for the Kano Foundation which was launched on March 1st, 1986.

Triumph Newspaper is owned by the Kano State Government. It was established by the administration of Governor Rimi in 1980.

Whaoo! How time flies. March 1st 1986 was just 14,364 days ago when he donated such huge money. RIP to the dead

alfarouq:
Dangote is also the list with 1 Million Naira donation. His real name is there Aliyu Gote. Dangote means the son of son of Gote

LMAO!


You people will just come up with lotsa bunkum

alfarouq:
Dangote is also the list with 1 Million Naira donation. His real name is there Aliyu Gote. Dangote means the son of son of Gote

That's not him, that's someone else, Dangote's name is ALIKO not ALIYU.

ejieddy:
Me seeing Abacha's 5k in the donation 😂😂😂... I know it's big money then sha... But kudos to the Ibo community as at then

Our head of state na 10k. 😂

-------
Not enough original content
Please take a moment to write a quality post with at least 40 characters.