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Just In

AWO's DECLARATION ON CHINESE CURRENCY

A proclamation that comes to pass 50 years later????
Can anyone confirm this because some people are saying the Sage never said so......please give references....

AWO IN 1961 ON WHY NIGERIA SHOULD EMBRACE CHINESE CURRENCY TO WEAN OFF FROM DOLLAR AND BRITISH POUND STERLING


In seeking foreign aid for our development, our Government has allowed itself to be led into a blind alley by its Western masters and mentors.

"MONEY HAS NO EARMARK"
So says an old adage which is as true as ever. But our present Government has so imbibed the prejudices of Britain that it appears to see the very Devil himself in any foreign currency other than British or American.

Every vestige and every channel of the undue influence of Britain and her allies in and on Nigeria should be totally eradicated. This, in my view, can be done in three significant ways
FIRST, by the widening of the circle of our international friendship, and in particular by the immediate establishment of diplomatic, cultural, trade and other mutually beneficial relations with Soviet Russia, China, and Eastern Germany.


SECOND, by the progressive but accelerated termination of our undue economic dependence on British and other Western Agencies and Business concerns.

THIRD, by the translation or transformation of Nigeria into a Republic, and by the initiation, at an early date, of steps to this end.
The foreign policy of Nigeria should be independent, and should be guided by the following principles...In respect to the world in general:
a) The promotion of economic relations with all nations of the world.
b) Co-operation with all nations of the world in so far as they respect the ideals for which we stand.
b) Respect for the sovereignty of nations and non-interference in their domestic affairs.
c) Attraction of foreign assistance (capital, technical skills and training opportunities for Nigerians) on the most advantageous terms.


Chief Obafemi Awolowo. 3rd Sept. 1961.
PS: Thank you President Buhari for making this happen more than 50 years after Awo proposed this.

CREDIT: Ajayi Temitope Carter — with Ojudu Babafemi.
posted from Bloggeroid

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