Word: zik
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Dates: during 1950-1959
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Almost next door to the new Gold Coast state of Ghana lies a far bigger British colony working toward independence. Last week in Eastern Nigeria, one of the three great regions of Britain's West African colonial protectorate, Premier Nnamdi Azikiwe (known as "Zik") won a decisive election on the wrong side of a scandal...
...issue was Zik's handling of the funds of the African Continental Bank, which he controls. Last January a tribunal headed by Nigeria's Chief Justice found that Zik, in his function as Premier, had transferred public money, equivalent to one quarter of the 1955-56 revenue of the Eastern Region of Nigeria, to his own bank, thereby saving it from collapse. "Guilty of misconduct as a minister," declared the tribunal. Advised the far-off London Times: "He should resign and, in so far as it is possible, make restitution. He can then ask the people to give...
...first, Zik (who got a U.S. education at Howard and Lincoln Universities...
...aggressive, hard-driving Ibo farmers of the east. Each region now has its own semi-autonomous government. Britain would like them to federate with a strong central government. The only Nigerians who are keen for this idea, because they are confident they would dominate the federation, are Zik and his fellow Ibos...
Family Affair. Two years ago Zik became the Eastern Region's first Premier. Still simmering over an old experience in a British bank in Nigeria ("Not only did the manager keep me standing in his office for some minutes, but he was curt and condescending"), Zik used his new power to transfer $5,600,000 in government funds into a hitherto modest native bank, the African Continental. The catch was that the African Continental Bank had been founded by Zik himself, and, although he had resigned as a director upon becoming Premier, he and an organization called Zik Enterprises...