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Showing posts from March 22, 2020

The rise and fall of Naira

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  Since the amalgamation of the northern and southern protectorates of the country in 1914 and the naming of the country as Nigeria in the same year by Lady Flora shaw, Nigeria adopted temporarily the Nigerian pounds ( British pounds Sterling) as her currency of exchange. From 1914, the pounds Sterling remained her currency till the introduction of Naira and Kobo to replace it on the 1st of January , 1973.                The Sojourn of the Naira On the 1st of January, 1973. The Naira and Kobo were introduced to replace the Nigerian pounds ( British Pounds Sterling). At first, the notes for 50 Kobo, 1 naira, 5 naira, 10 naira and 20 naira were introduced.      Later on in 1989, the issuance of 50 Kobo notes was stopped. .                 The 50 Kobo note. In 1991, 50 naira notes were issued. .            The latest 50 naira note.     The issuance of 50 naira notes was followed by the issuance of 100 naira notes in 1999, 200 n

Bad shape of stadiums in Nigeria

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 The bad shape of stadiums in Nigeria has been a major problem affecting the world of sports in Nigeria especially football. These stadiums lack maintenance. The infrastructures are being destroyed by agents of erosion.   One of the reasons behind the current bad shape of stadiums in Nigeria is that government, both state and Federal , embark on more stadia projects instead of maintaining and upgrading the existing ones. This has led to the fact that we have over thirty stadia in Nigeria but less than Ten that meet up with FIFA standards.    Another reason is the attitude of private organizations towards the development of stadiums. Capable private organizations pay little attention to the development of sports not to talk of developing the existing stadiums. Everyone is waiting for the intervention of the government.    Moreover, sport governing bodies in Nigeria aren't efficient in carrying out their duties. They only pay attention to stadiums when  international matches are t