Biafra civil war: Igbos were compensated – Gowon defends Obafemi Awolowo

Former Military Head of State, Yakubu Gowon, has stated that the Igbos were compensation for their losses aft the Biafra civilian war.

Gowon said that Igbos who had wealth successful banks were compensated with involvement aft the civilian war.

The Biafra civilian warfare began connected July 6, 1967, and ended connected January 15, 1970. During this time, Gowon was the Head of State.The precocious sage, Obafemi Awolowo, served arsenic the Federal Finance Commissioner.

However, Gowon dismissed the unfair blasted placed connected Awolowo by those who accused him of giving them 20 pounds, adjacent though they had millions of pounds successful the slope earlier the civilian war.

The erstwhile Head of State stated this successful his memoir, ‘My Life of Duty and Allegiance’ wherever helium said that the argumentation connected controlling wealth aft the warfare was the past determination made by the Federal Government.

Gowon said, “The Central Bank created a sheet to analyse each the effects of converting the Biafran lb into different currency, but it was wide this would beryllium a pugnacious task due to the fact that from the start, the Biafran currency wasn’t officially recognized arsenic ineligible tender successful Nigeria.

“Because determination were truthful galore Biafran pounds successful use, the Federal Government realized it couldn’t speech each of them astatine the aforesaid worth arsenic the Nigerian currency without causing the system to fail.

“Economic specialists suggested that the Federal Gover...