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31 Jan 2012

Nzeogwu

15
Jan
2010

“Nzeogwu”
Today is January 15. On a day like this in 1966, Major Chukwuma Kaduna Nzeogwu staged the first coup in Nigerian history. It took over thirty years before his best friend Obasanjo told the world what he knows about him in a book titled Nzeogwu. I have reviewed below and reached three important conclusions: 1) Youths who appear self-disciplined and daring should be watched closely. This is further confirmed by the recent unfortunate story of Umar Farouk Abdul Mutallab. 2) Though the January 15 coup did change the history of the country, it did not change any of the fundamental flaws in its composition or improved the quality of its administration. Nzeogwu's maiden speech would perfectly suit the listeners of today if a coup were to be staged. 3). Nzeogwu was simply a scapegoat. He was not alone. The complicity of even some northern officers who might have been working in tandem with some powerful figures in the region can clearly be discerned from the manner they spared and honoured the assassins.
I have since developed my doubts about the popular theories proffered to explain the sad event. His story is akin to that of Murtala, who suffered the same fate of betrayal of his principles. Incidentally, while Obasanjo was the closest friend of Nzeogwu when the latter staged his coup in 1966, he was as well the deputy of Murtala ten years later. And, as some said, he went into hiding in far away Maiduguri after the 1966 Coup, he also disappeared soon after Murtala was killed. Mhm.

The End of Democracy

By Dillibe Onyeama
A DEAD herring in the moonlight is beautiful because it gleams like silver, evil because it stinks in the decay of death. The herring in question has now made itself invisible and generally imperceptible by donning the masquerade of a beautiful bride called ‘E-Banking’ (electronic banking), and has now arrived in Nigeria. One does not need to be a banker or an economist to understand that the world has now entered the final furlong towards the establishment of a cashless economy.
But such an end development cannot materialise on a global scale without the creation of a monetary system that caters for the use of just one currency as a survival process. No marks for guessing which currency will be adopted: the euro – uniquely enjoying as it does the sovereign patronage of 16 European nations.