U.A.C NIGERIA PLC SOLD NIGERIA FOR 865,000 POUNDS STERLING IN 1800S BY ABDULMUMINI ADEKU.

U.A.C NIGERIA PLC SOLD NIGERIA FOR

 865,000 POUNDS STERLING IN 1800S

BY ABDULMUMINI ADEKU.

 LORD FREDRICK LUGARD KNEW ABOUT THE DEAL THAT BROUGHT ABOUT THE TRANSACTIONS

If you are one  of those that still think that the reasons why the colonialists came to Nigeria was for the sake of democracy then you will have to have a rethink based on a recent reality check.

In an exclusive investigations by the News Office Desk of Paedia Express Multimedia in Lagos.Nigeria in an interview with the Chief Executive Officer of Sunbird African Media Limited,Mr Richard Mammah  said that  Nigeria as a nation was an excellent real estate business which was sold by the Board and management of Royal Niger Company to  her majesty The Queens Great Britain for a then princely sum of 865,000 pounds sterling which was still a huge amount of money even by that periods standards..

Mr Mammah,a seasoned journalist turned media tycoon  while discussing his ground breaking literary masterpiece titled :who will save my children.

He went down memory lane and recalled that during a press interview with a former Chief Executive Officer of U.A.C Nigeria Plc now in retirement ,he had jokingly asked him how he felt about being the owner of Nigeria in the past ,the technocrat simply shrugged his shoulders and in a terse reply said that they were proud to have being associated with the Nigerian story.

His words:they may not have known  that Nigeria was going to be a massive success story later on but they saw the potentials  but even what they paid for at the time was a fortune”

“for you to be allowed into a nation then you will have to go in sovereignty and that is why Royal Niger had to be in Charter by the British in 1861,so when they came they then put their flag as Royal Niger Company  as  it was not the Brits that came first but the Royal Niger company “

“When they now wanted to handle the issue of amalgamation of the  land ,it was  easy for  transaction to be take place as they were actually holding it in trust for Britain”

“Royal Niger company officials now decided  to recommend Lord Fredrick  Lugard  who had worked  for them previously at an overseas location”

Mammah one of Nigeria’s newspaper greats also recalled that  Shell B.P.  actually started prospecting for crude oil in Nigeria in 1908  and then later resumed in 1938 and then finally discovered  oil  in 1958 while throwing a jab at the political class as he added that Shell Nigeria actually knew the  nation more than some politicians now parading themselves as grand masters in the land.

Paedia Express Multimedia can also disclose that this piece is also contained in a  special documentary by Mr Jide Olanrewaju now in circulation..