Nigeria Law
The Ledger

Reconstruction1970· ₦3 billion

Post-war Second National Development Plan

₦3 billion plan. Reconstruction, rehabilitation, reconciliation — funded by an oil boom that had just begun.

The Gowon administration's Second National Development Plan (1970–74) committed ₦3 billion to post-civil-war reconstruction. The oil price quadrupling of 1973 made the plan over-funded; the Third Plan (1975–80) would balloon to ₦30 billion.

Sources

  • · Federal Ministry of Economic Development (1970)
Methodology

Tier 1 · primary

Courts. Gazettes. National archives.

Tier 2 · corroborating

OCCRP. HRW. BudgIT. TheCable.

Redline

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