The history of Nigeria since October 1, 1960 when it attained “flag independence” has been full of wonders. The deterioration in the life of the nation in all areas of human endeavour shows that the “beautiful ones are truly not yet born”.

Inflation started in Nigeria with the introduction of the naira in 1973. Since 1974, when the unnecessary Udoji Award was paid to workers, the inflationary trend has gone from bad to worse. In 1973, N2 was equivalent to the old Nigerian pound. Suffice to say that a pound before 1973 was able to feed a family of six for two weeks.
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DS ON YOUTUBE.


The Ultimate
We Are Part And Parcel Of Everything
We Are The Cosmos
We Are Life
We Are Love
We Are All That Is
We Are The Creator Of The Dance,As Well As The Dancer

This our Naira has come a long way indeed.

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Wife from NR

And it has been thoroughly battered along that way too.

__________________
DS ON YOUTUBE.


The Ultimate
We Are Part And Parcel Of Everything
We Are The Cosmos
We Are Life
We Are Love
We Are All That Is
We Are The Creator Of The Dance,As Well As The Dancer

They should try and sort the ARABIC writings on the NAIRA notes............ and replace them with writings we Nigerians know how to read.

I dont remember ARABIC being any of the languages we speak in Nigeria.... and yet we have so many languages like HAUSA, YORUBA and IGBO e.t.c.

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LIVE EVERY DAY LIKE ITS YOUR LAST

Oh yes! When my Dad travelled Abroad in the 70s the conversion made him a rich man overseas..lol..its the direct opposite...come to think of it.
Did any one detest those dirty, smelly, rumpled 5Naira notes? I just couldnt stand them and they were mainly used in Churches as offering to God. Pweew.

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Wife from NR

Certainly the rise and fall of the naira...