Quick Reminder: Just In Case Nigeria Forgot Who IBB Was #Amnesia
This post has been seen 2456 times.
Welcome to Republic of Nigeriamnesia
In Case Nigeria Forgot…
“It was revealed that the Babaginda regime created special “dedicated accounts” to store crude oil receipts earmarked for special projects and the revenue windfall caused by the global spike in oil prices during the first Gulf War that began in 1990.
Between September 1988 and June 1994, $12.2 billion from these dedicated accounts was mysteriously spent on projects that were neither high priority nor regenerative.
The amount that disappeared from the dedicated accounts was enough to pay half of Nigeria’s foreign debt! But nobody was prosecuted for the irregularities revealed by the Okigbo report. Instead Babaginda removed the CBN from the control of the Finance Ministry and moved it under his direct control!”
–Max Siollun Soldiers Of Fortune
And why am I sharing this? And now? Almost 20 years after the fact?
Well a couple of days ago I was reading the Newspaper when I stumbled upon several full page colored adverts. You know those type of adverts reserved for the rich and powerful…the ones taken out by organizations to strategically praise an influential person….wink wink
Well the adverts were for Ibrahim Badamasi Babaginda on the occasion of his 74th birthday and I practically stumbled in my chair. If you read the adverts and were born after 1994, you will actually think that IBB was a sort of cult hero…truth be told even some people that were born before that time would have been deceived.So in the spirit of my slogan … addicted to truth allergic to bullshit, I decided to share some truth about IBB in attempt to fight the bullshit amnesia plaguing Nigeria!
I also redesigned the advert … check it out below!
And I end with the message…
“A nation that still praises its most corrupt is not yet ready to fight corruption.”
You might also like: