IBB, Other Coup Plotters Lose Pension
Stupendously rich Ibrahim Babangida has lost his pension, no thanks to the Senate, which has approved the retirement benefits for all former Nigerian presidents, except those who came to power by ousting an incumbent with a gun. In a symbolic move, the senators effectively excluded former military heads of state, Generals Yakubu Gowon Muhammadu Buhari, Ibrahim Babangida and Abdulsalami Abubakar from the retirement largesse. Read more
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Let's face it - we have all always suspected Ibrahim Babangida of being a drug dealer. The story of Gloria Okon, Dele Giwa's death, the burning of the Ministry of Defence and other stories are all allegedly tied to an official drug ring during IBB's regime. We researched the rumors, and this is what we found.
In an authoritative report still posted on the web site of the Canadian Parliament on the drug trade in Africa, Labrouse marks out Ibrahim Babangida, Nigeria's former self-appointed president, as one of the drug-dealing dictators in Africa. Read more
Dele Giwa, a journalist, was allegedly murdered on the 26 of October 1986 by the former military dictator Ibrahim Babaginda - following damning publications. Close observers of the Nigerian media feared then it was the beginning of harsh military dictatorship in the country. It was a true assessment.
Babangida refused to appear before the duly constituted Oputa panel, giving assorted reasons for his refusal. Ray Ekpu, Giwa's colleague, said: Well, the government may say that the killers have not been found but the killers are known. ...Many Nigerians agree that it was a state sponsored terrorism and that he was assassinated by the state. Read More
Nigeria's military dictatorship, led by General Ibrahim Babangida, annulled the Jun 12 presidential election and canceled plans to return the nation to civilian rule. Britain, the United States and France condemned the latest military takeover and threatened to toughen sanctions against Nigeria. Abacha urged all Nigerians to forget the June 12 election.
Lagos lawyer, Gani Fawehinmi, however, said: "June 12 is a symbol of our democracy. It was a day Nigeria and Nigerians without any discrimination whatsoever united in voting Chief MKO Abiola in the freest election in the history of election in Nigeria. ... Read More
Most Nigerian leaders have been corrupt, but Ibrahim Babangida added new, historic elements to corruption. One prime example is what he did with the defunct BCCI Bank. BCCI's activities in Nigeria were so profoundly, overwhelmingly corrupt as to suggest a very significant level of corruption in Nigerian officialdom generally.
Whereas BCCI's activities in most countries merely involved corrupting a few, key people, in Nigeria the corruption was systemic and endemic, and touched nearly every operation of the bank in Nigeria. The bank was operated by Babangida and his friends, including a deposed powerful ruler in northern Nigeria. Read More
The nation is abuzz with rumors that former coup specialist, General Ibrahim Babangida, is planning a return to Nigeria's Aso Rock presidential palace, 17 years after he was disgraced out of power as a ruthless and shameless dictator.