₦airaland Forum

garykoeman:
This is a single property.

The way you are making it seems it's like Lagos state stole almost everything, which is not true.

Most of those property were used to prosecute the war.

Or where did you think odumegwu got the money from to lunch a full scale war.

Another lies peddle is the issue of $20 given to S.E to restart their lives.

Majority of Igbo men and women withdrew their money from the banks before the start of the war and converted it to Biafra currency.

One of the first institutions to be created by the Biafran Government was the Bank of Biafra, which was accomplished under ‘Decree No. 3 of 1967’ (also known as the ‘Bank of Biafra Decree, 1967’). Reports claim that many individuals presented their savings in local and foreign currency to the government so that weapons could be bought; later, gold and jewels were donated as contributions to the war effort. Money was also being raised from outside the Republic."


In an interview at Umuahia on 18 January 1968, Gen. Ojukwu made the following comment:
‘I understand that some women in the villages said that if this money [during the recall of Nigerian currency for Biafran currency] was wanted for the war they did not mind; the government should take it all.’ (Ojukwu, 1969

shortgun:
As stated in the original post. Most of his wealth was stolen by the government during and after the Civil war, especially Lagos state government where he has most of his properties. Lagos state took over all of his properties, his children were only able to recover some through litigation.

garykoeman:
This is a single property.

The way you are making it seems it's like Lagos state stole almost everything, which is not true.

Most of those property were used to prosecute the war.

Or where did you think odumegwu got the money from to lunch a full scale war.

Another lies peddle is the issue of $20 given to S.E to restart their lives.

Majority of Igbo men and women withdrew their money from the banks before the start of the war and converted it to Biafra currency.

One of the first institutions to be created by the Biafran Government was the Bank of Biafra, which was accomplished under ‘Decree No. 3 of 1967’ (also known as the ‘Bank of Biafra Decree, 1967’). Reports claim that many individuals presented their savings in local and foreign currency to the government so that weapons could be bought; later, gold and jewels were donated as contributions to the war effort. Money was also being raised from outside the Republic."


In an interview at Umuahia on 18 January 1968, Gen. Ojukwu made the following comment:
‘I understand that some women in the villages said that if this money [during the recall of Nigerian currency for Biafran currency] was wanted for the war they did not mind; the government should take it all.’ (Ojukwu, 1969

shortgun:
What's important here is that we have established that Lagos State Government stole or attempted to steal one of Louis ojukwu's property.If they can take one they can equally take others

DomPerignon:
Lagos state only came into existence after the civil war.

Louis Ojukwu died in 1966 before the war broke out .

The man had probably by then disinherited Ojukwu after Ojukwu refused to allow him entrance to Government House , Enugu.

Being a staunch catholic , I am sure the senior ojukwu would have willed everything to the church .


FYI, the military government sought to evict Ojukwu from his father's property in Ikoyi in 1986 so as to prevent Ojukwu seeking to reclaim the rest of his fathers properties in Apapa. Properties that were confiscated by the military government and turned to officers quaters.

Even at that how much are those properties worth today that will translate to billionaire wealth?

shortgun:
This is absurd and doesn't make any sense.
How does one convert Nigerian pounds to the currency of a non-existent state of Biafra even before it was declared?
In which Nigerian bank was the conversion done?

shortgun:
We agree, the government took all of Louis ojukwu's property. Who knows, maybe all the skyscrapers and notable properties we see in Lagos today once belonged to Louis Ojukwu

shortgun:
We agree, the government took all of Louis ojukwu's property. Who knows, maybe all the skyscrapers and notable properties we see in Lagos today once belonged to Louis Ojukwu

DomPerignon:
You should be asking Ojukwu were the Nigeria pounds he forced your grandparents to exchange with his worthless Biafran pounds are?

[You are aware that Ojukwu passed a decree outlawing the Nigerian pounds in Biafra.

You should also know that after fleeing the country in a private jet stashed with Nigerian pounds he had stolen from the Biafran Central Bank, Awolowo got wind of this and saw it as a potential future threat to the country for Ojukwu to have so much money in his possession which he could use to instigate uprisings and a militia in the SE. This is why Awo changed the currency


Ojukwu was then left with old Nigerian pound notes that he could not exchange.


Lmfao.

Ojukwu really play una shege

shortgun:
According to you, there was a decree which outlawed Nigerian pounds in Biafran land and somehow there's was billions of Nigerian pounds stashed in Biafran Central Bank located in Biafra.
Is it that you guys don't think about the things you believe and post online.How does this make any sense to you?

DomPerignon:
No. Ojukwu father built the entire Lagos.

FYI, ojukwu finally got possession of all his fathers properties in Lagos when Abacha was in power.

This was for pledging loyalty to Abacha and calling for Abiola to be hung for treason.

The ones in Calabar and PH are still being occupied by the military as the Abacha govt did not want to cause further ethnic tensions by handing Ojukwu father's properties back to ojukwu as this would have seen to a floodgate of Ibos seeking to get their property back.

AustineE1:
Funny enough nairaland will never take this rebuttal with facts to the front page...we all know the game being played in the platform.

shortgun:
You don't say😯
You mean aside Lagos,Louis Ojukwu also had properties in Calabar and Port harcourt that was taken over by the government?
Doesn't this make him a very rich man and further establishes his billionaire status?.

shortgun:
We agree, the government took all of Louis ojukwu's property. Who knows, maybe all the skyscrapers and notable properties we see in Lagos today once belonged to Louis Ojukwu

StaffofOrayan:
Maybe he was the richest in Igboland!
Make una chest beating no dey pass una village!

AustineE1:
An average -village in igboland surpasses your average state in achievement!bro the joke is on you!

DomPerignon:
Properties even today are not worthy of billionaire status

If they will grant you visa on arrival which they won't, I would have suggested you visit Dubai and see what billionaire properties look like or you can go to Eko Atlantic and see how 100 million dollar properties look like and compare to the block of flats your ojukwu billuionre had

IgOga:
Forbes said "reportedly" that means a popular opinion that has not been verified.

Just in case you don't know the difference when journalist quote facts and public opinion. I.e. Ojukwu's billionaire status is unverified.

shortgun:
The links I posted are all from credible sources including a Forbes feature that acknowledged Sir Louis Ojukwu as a billionaire. So why are you arguing against established facts?

Christistruth00:
If you do your research with whole heart and pure mind you will discover that it was Dantata of Kano (Dangote's Grandfather) who was the richest Nigerian at that time

drips8:
Reno is a bigot and fool but he's right.

He was wealthy no doubt, but he wasn't a billionaire, if he was, then we would all know.

Nigerians have a numbers problem and are easily swayed with peoples large properties or flamboyant lifestyles. The likes of MKO Abiola, Dantata, and Ojukwu sr were all wealthy, but they were not billionaire status. A lot of people don't know how much a billion dollars is.

I believe the first proper billionaire from Nigeria is Dangote.

DomPerignon:
Where is the legacy of his purported wealth today?

Dantata that you have overthrown and replaced with your Ojukwu, has a family dynasty today that has produced Africa's and world's riches Blackman.

Even Ibru family with the Ibru Group is worth billions today.

Show us Ojukwu's father's wealth today.

As dem dey talk : you can't hide money.

How did his wealth vanish with him after his death?

shortgun:
The links I posted are all from credible sources including a Forbes feature that acknowledged Sir Louis Ojukwu as a billionaire. So why are you arguing against established facts?

DomPerignon:
You can't even tell us how much your ojukwu was worth and you are here telling us he was the richest man in Nigeria and was worth billions back then.


You are only here to ensure your Biafra propaganda remains in the head of your gullible population who fall for it.

You need to keep your Biafra lies etched and alive in your gullible popupion because if it is debunked , every lie that was Biafra will fall like as park of cards.

That's why you are here only repeating your tired and long debunked lies.

If your lies are finally debunked for the world to see and your gullible population finally accepts the truth that will be the end of your Biafra madness.

So I understand your audience isn't y of us tackling your lies here but rather your posts are meant to continue to enforce the Biafra propaganda and lies that you have crafted for yoirlseves so as to keep your biafra dream alive.

But you know what? You are living a life of denial , lies and one with distorted reality and that's why the rest of the world sees you guys as odd and misshapen people.

Continue yourself deceit

shortgun:
Sir Louis Odumegwu Ojukwu’s estimated net worth at the time of his demise was clearly stated in my original post...
He was the richest post-independence Nigerian as documented by many credible Authors.
The only reason I made this post is to set the record straight and to debunk Reno Omokri lies.
Omokri has many handles on this forum and I won't be surprised if this handle is one of them

At his passing in 1966, Ojukwu's net worth was estimated at $4 billion to $40 billion in today’s terms, making him Nigeria’s first billionaire.