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The Igbo Story: From £20 after the civil war to economic power beyond borders and the struggle for political influence

Daily Intel Newspaper by Daily Intel Newspaper
November 3, 2026
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By Daniel Nduka Okonkwo

There is a question Nigeria has never adequately answered what happens when a people become economically indispensable to a country whose political and institutional arrangements they believe have not fully recognised their contribution?

The answer may be found in the extraordinary story of the Igbo people.

Across Nigeria, from Lagos to Kano, Abuja to Port Harcourt, and from Onitsha to Aba and Nnewi, the Igbo commercial footprint is unmistakable. Their businesses operate in markets, industrial estates, transport networks, real estate, manufacturing, hospitality, and distribution. Their sons and daughters have established themselves in universities, hospitals, financial institutions, technology companies, and professional communities across the world.

Yet the story of Ndigbo is not simply one of commercial success. It is a story of a people who have repeatedly demonstrated their capacity to create opportunities where institutions have failed to provide them; who have developed systems of apprenticeship that turn young people into business owners; who have established commercial networks beyond their ancestral homeland; and who continue to negotiate the complicated relationship between economic participation, political representation, and national belonging.

But there is a deeper contradiction. The Igbo have shown that they can build economic power without waiting for political power. The unresolved question is whether that economic power can be converted into the institutional influence necessary to shape Nigeria’s future. This is not an argument for ethnic exceptionalism. It is an examination of an economic and political phenomenon whose implications extend far beyond the South-East. It does not assume that every Igbo person shares one political opinion, that every Igbo business is thriving, or that every economic difficulty is the product of discrimination. It looks at the evidence and lets the contradictions speak.

To understand the Igbo, one must first understand that their economic geography is considerably larger than their ancestral homeland. The five states of the South-East are important centres of Igbo population, culture, and enterprise, but the commercial influence of Ndigbo extends throughout the federation and into international markets. In Lagos, Igbo-owned businesses participate in manufacturing, wholesale distribution, electronics, property development, and retail. In Abuja, they are visible in construction, transport, real estate, and commercial services. In Kano and other northern cities, generations of Igbo traders have built businesses and commercial relationships.

The economic activities of Igbo entrepreneurs are not confined to the administrative boundaries of the states they come from. Their investments and business interests are woven into the economic life of other Nigerian communities. The economic future of Ndigbo, therefore, cannot be understood only through the performance of the five South-East states, and the prosperity of Nigeria’s commercial cities cannot be properly understood without the entrepreneurs who operate across ethnic and regional boundaries.

An important distinction must be made, however. The presence of Igbo businesses in these cities does not mean that they dominate their economies. The more compelling story is the interconnectedness of Nigerian enterprise. The Igbo commercial experience shows that economic integration can advance much further than political trust, and that raises a question for Nigeria. Why has economic interdependence not produced an equally strong culture of political inclusion and institutional confidence?

Perhaps one of the most remarkable contributions of Igbo society to entrepreneurship is not a particular company, market, or industrial complex. It is a system for producing entrepreneurs. Known as Igba-Bọọ, the Igbo apprenticeship system is built around a relationship between an established business owner and a young apprentice. The apprentice learns through practical participation in an operating business. He observes purchasing, sales, customer relations, inventory management, negotiation, risk management, and the everyday realities of running an enterprise. In many arrangements, the relationship ends with a settlement that gives the apprentice capital or merchandise to start an independent business.

This is more than vocational training. It is a way of transferring commercial knowledge, relationships, experience, and, in some cases, start-up resources between generations. Academic research published in 2024 has examined the system’s distinctive approach to entrepreneurial learning and its reliance on long-term participation, mentorship, and practical experience. The system deserves attention beyond Nigeria because it raises a question that conventional development economics has not fully explored. What if one of the most effective ways of creating entrepreneurs is not to give young people certificates, but to place them inside functioning businesses and teach them how wealth is actually created?

The conventional financial system often requires collateral, credit histories, formal documentation, and the ability to pay interest. An apprentice who has none of these may still gain access to commercial knowledge, mentorship, and an established business network. That is an important difference. It would be inaccurate, though, to describe every apprenticeship settlement as an interest-free venture capital or to claim that the system is immune to inflation. Arrangements vary, and the system can expose apprentices to exploitation, excessive working hours, and unequal bargaining power. Its real achievement is more interesting than the exaggerated claims sometimes made about it. It has institutionalised a form of intergenerational enterprise development in which business knowledge and opportunity can pass outside the conventional banking and university systems.

Nigeria’s policymakers should be asking why such a system has not received more serious institutional attention. Can its strengths be documented, its participants protected, and its model adapted to modern manufacturing, technology, and small business development? That would be a far more productive national conversation than merely celebrating the entrepreneurial spirit of Ndigbo.

There is a tendency to describe the Igbo economy through trading alone, and that description is incomplete. Trading is one part of a larger commercial ecosystem that includes manufacturing, engineering, vehicle assembly, industrial components, textiles, leather production, distribution, and technology. Three cities illustrate it.

Aba represents the possibilities and limitations of indigenous manufacturing in Nigeria. Its workshops, factories, and commercial networks have developed capabilities in footwear, clothing, leather goods, metal fabrication, and other consumer products. But the question is not simply how many products Aba can make. This is why an industrial city with such a concentration of entrepreneurial talent still struggles with the conditions necessary to compete with established manufacturing economies. Affordable electricity, modern machinery, industrial finance, quality certification, intellectual property protection, export logistics, and dependable infrastructure remain central challenges. The world does not reward determination alone. It rewards productivity, quality, financing, technology, and scale. Aba’s next industrial advance must be measured not by the number of workshops operating, but by its capacity to turn indigenous production into globally competitive manufacturing.

Nnewi offers another important example. Its industrial ecosystem, particularly in automotive components, spare parts, engineering, and vehicle manufacturing, shows what indigenous private sector investment can achieve. The emergence of Innoson Vehicle Manufacturing is particularly significant because it challenges the assumption that Nigeria must remain permanently dependent on imported finished industrial products. But one company cannot solve the country’s industrial challenges. The more important question is whether Nigeria can create an environment in which hundreds of indigenous manufacturers can access the technology, financing, infrastructure, and skilled workforce required to compete internationally.

Onitsha shows the capacity of informal and organised commerce to connect manufacturers, wholesalers, distributors, retailers, and consumers. Its significance extends beyond Anambra State. It is part of a national distribution system through which goods move between regions, creating livelihoods and linking producers with markets. Yet commercial volume must not be confused with industrial development. A country can have enormous markets and still import most of the products sold in them, and that is one of Nigeria’s central economic contradictions. The future of the Igbo commercial economy depends on moving beyond the distribution of imported goods towards stronger domestic production, technology, and export capacity.

Perhaps the most important modern infrastructure experiment in the South-East is taking place in Aba. The Geometric Power project is an attempt to address one of the most persistent obstacles to Nigerian manufacturing, which is unreliable electricity. The company’s own published project description presents an integrated system combining generation, gas supply, and distribution within a defined service area. It gives the Phase I generation capacity as 188 megawatts, supported by dedicated gas infrastructure, substations, and distribution lines, and it sets out a broader plan for 1,000 megawatts.

This distinction matters. Both figures come from the company’s own description. The 188 megawatt figure is the stated Phase I capacity, not proof that the whole capacity is continuously generated, distributed, or available to every business in Aba, and the 1,000 megawatt figure is a development plan, not existing output. Nevertheless, the project raises an important question for Nigeria’s electricity industry. Can privately developed, geographically defined power systems provide a more dependable foundation for industrial production than a national system struggling with transmission and distribution constraints? Aba could become an important demonstration of what embedded generation and integrated distribution can achieve.

But the experiment must be judged by actual performance, and independent data on that performance is what this account still lacks. How many businesses receive reliable electricity? What are the average hours of supply? What is the cost per kilowatt-hour? How many manufacturers have reduced their dependence on diesel generators? How many new industrial jobs have been created? These are the measurements that will show whether the project is an industrial transformation or simply an impressive infrastructure investment.

The larger lesson is that the Igbo industrial economy cannot afford to wait indefinitely for Nigeria’s electricity problems to disappear. But neither should the responsibility for national infrastructure be moved from government to private investors and presented as a complete solution. A country cannot outsource its development obligations to the resilience of its entrepreneurs.

The economic experience of Ndigbo under President Bola Tinubu cannot be separated from the wider Nigerian economic crisis. The removal of the petrol subsidy and the exchange rate reforms fundamentally changed the operating environment for Nigerian businesses. For an economy heavily dependent on commerce, distribution, imported merchandise, and industrial inputs, the consequences have been substantial. An entrepreneur importing machinery, spare parts, raw materials, or finished products must contend with exchange rate uncertainty, higher replacement costs, increased transport expenses, and the declining purchasing power of customers. A trader may sell at a higher nominal price and still become poorer in real terms because replacing the same stock costs far more. A manufacturer may have orders but struggle to finance production. A distributor may have customers but find that transport costs have consumed much of the profit margin. These are not exclusively Igbo problems. They are national problems, but they bear particularly on the commercial structure of the South-East.

The World Bank’s May 2025 Nigeria Development Update documented the pressure created by inflation, currency depreciation, higher energy costs, and monetary tightening, and noted that the cost-of-living crisis had eroded household purchasing power and business profitability. The Bank’s October 2026 update, titled Beyond the Federal Purse, tells the other half of the story. It found that aggregate state revenues rose by about 93 percent in real terms between 2023 and 2025, that the share of state spending going to capital projects rose from 46 percent to 61 percent, and that federation revenues rose by about 69 percent in real terms. The same report urged states to improve spending efficiency, accountability,y and service delivery, and press reports of its findings noted that the share of state spending going to education fell.

That is the real tension. Governments, state governments in particular, are receiving far more money, while traders, manufacturers, and households are still absorbing the cost of the reforms. Reforms may be necessary to correct structural distortions, but that does not automatically make their implementation fair, effective, or socially sustainable. The government must show that the benefits are reaching productive businesses and ordinary households. For Ndigbo the test is particularly important. Can the entrepreneurial ecosystem that has sustained generations of commercial activity survive an environment in which the cost of finance, energy, transport, and imported inputs continues to threaten small and medium-sized enterprises? Igba-Bọọ may provide a social and commercial support mechanism, but it cannot replace affordable electricity, functional ports, industrial infrastructure, stable monetary conditions, and accessible development finance.

Two misleading extremes must be rejected. The first is that everything wrong with the Igbo economy is the fault of the Tinubu administration. The second is that because reforms may eventually produce macroeconomic benefits, businesses should simply endure every consequence without demanding accountability. Neither position is intellectually defensible. The proper question is whether the administration can convert macroeconomic stabilisation into measurable improvements in productivity, employment, purchasing power, and industrial competitiveness.

The establishment of the South-East Development Commission is one of the most significant institutional developments in the recent relationship between the Federal Government and the South-East. The Commission’s establishment law provides for an institution responsible for development planning and project implementation across transport, health, education, employment, agriculture, and other areas, with funding arrangements and governance structures. For decades, the South-East has raised questions about infrastructure, post-war reconstruction, ecological challenges, and the distribution of national development resources. The Commission creates a mechanism through which some of these issues can be addressed.

But legislation is not development. An institution can have an impressive legal mandate and still fail to deliver. The real test will be funding, project selection, procurement transparency, execution capacity, independent oversight, and measurable impact. How much money will it receive, and how much will actually be spent on projects? Which communities will benefit? Will contracts be awarded competitively? Will abandoned projects be exposed? Will citizens be able to monitor expenditure, and will the Commission publish accessible quarterly performance reports? These questions matter more than the political celebration surrounding its creation. There is also a danger that regional development institutions become patronage structures rather than instruments of accountability. The South-East must not exchange decades of demands for structural development for another bureaucracy whose greatest achievement is the distribution of appointments.

The political history of Ndigbo cannot be reduced to one candidate, one party,y or one election. However, the 2023 presidential election marked an important moment in the political expression of the South-East. Peter Obi’s Labour Party candidacy drew substantial support across the region and beyond it. The Independent National Electoral Commission declared 6,101,533 votes for Obi nationally, against 8,794,726 for Bola Tinubu, a result that was challenged in court and upheld. The significance of that election went beyond the regional identity of the candidate. It showed that a movement originating in the South-East could attract supporters across Nigeria, particularly young voters who associated it with demands for accountability, economic discipline, and a different political direction.

Subsequent developments have added another dimension. On Saturday, 31 October 2026, at an APC women’s rally and empowerment programme at Okpara Square in Enugu, the governors of Anambra, Ebonyi, Enugu, and Imo urged South-East voters to support President Tinubu in the 2027 election, according to a report published by Premium Times. Governors Francis Nwifuru, Peter Mbah, and Hope Uzodimma spoke in person. Governor Charles Soludo was represented by his deputy, Gilbert Ibezim. Their arguments rested on federal infrastructure projects and the economic reforms. Governor Uzodimma, for example, argued that the reforms had increased the resources available to states, and said his administration had been able to pay salaries and pensions consistently. The Abia State governor, Alex Otti, was not among them. In earlier reports, he rejected the claim that all South-East governors had resolved to back Tinubu and said no governor could determine how the region would vote.

This development deserves serious examination. The governors represent a significant part of the South-East political establishment, but their position should not be confused with the collective decision of the Igbo electorate. The political establishment and the electorate are not the same institution. A governor can endorse a candidate, a party can mobilise support, and political leaders can negotiate appointments, projects, and federal relationships. But the constitutional right to choose belongs to individual voters. There is nothing wrong with regional leaders negotiating with a federal administration, whatever its party. Responsible leadership requires engagement with whoever controls national institutions. But cooperation must not become political surrender. A governor’s endorsement does not establish that citizens have abandoned their preferences, and a citizen’s decision to support Tinubu, Obi, or any other candidate should not be treated as a betrayal of Igbo identity. The real question is whether political choices produce tangible benefits. Does support for the Federal Government translate into better roads, electricity, jobs, industrial finance, security, education, and healthcare? If not, what exactly has been negotiated? That is the accountability test that should apply to every political leader, whatever the party.

The appointment of David Umahi as Minister of Works is often cited by supporters of the administration as evidence of federal inclusion. It is a significant appointment, and Mr Umahi has himself been reported this week urging South-East leaders to be vocal for Tinubu and suggesting that no fewer than 80 percent of Igbo votes should go to him. But representation must be measured beyond the identity of the officeholder. Are federal capital projects distributed fairly across the country? Are South-East roads receiving adequate funding and timely execution? Are indigenous manufacturers receiving meaningful support? Is the region gaining access to federal industrial and economic opportunities? A minister’s ethnic origin is not a substitute for institutional performance, and neither should an appointment be dismissed simply because it is politically convenient to the administration. It must be judged by what the officeholder delivers. The South-East needs more than representation in government. It needs demonstrable results from the government.

No serious examination of the contemporary Igbo experience can ignore the Nigerian Civil War of 1967 to 1970. The war was a national tragedy, but its consequences were particularly devastating for the people of the former Eastern Region. The destruction of homes, businesses, infrastructure, and livelihoods left generations confronting its consequences. The Federal Government’s post-war policy of reconciliation, reconstruction, and rehabilitation was summed up in the declaration, No Victor, No Vanquished. Yet the practical question of how individuals and communities recovered their economic assets remains important.

One of the most consequential post-war financial measures was the treatment of bank deposits held in the Biafran period. The widely cited policy of paying a flat sum of twenty pounds to account holders from the former Eastern Region, regardless of their previous balances, became a lasting symbol of economic dispossession for many Igbo families. Businesses lost working capital. Families lost savings. Commercial networks had to be rebuilt, and communities that had accumulated wealth were forced to start again in difficult circumstances.

But historical analysis must go further than remembering the injustice. It must examine how successive Nigerian governments dealt with the long-term consequences of the conflict. Which reconstruction commitments were fulfilled? Which infrastructure deficits persisted? How did public investment in the South-East compare with other regions over successive administrations? What happened to federal industrial projects? How much of the region’s recovery was financed through public investment, and how much through private enterprise and community mobilisation? These questions deserve documentary investigation. The historical record should neither be used to demand permanent political concessions nor dismissed as an inconvenience to national unity. A country that wants to build a common future must be prepared to examine its past honestly, and reconciliation becomes meaningful when it is accompanied by fairness, institutional trust, and equal opportunity.

One of the most damaging tendencies in Nigerian public discourse is the treatment of ethnic communities as competing economic and political territories. The reality is more complicated. The Nigerian economy is sustained by relationships that cut across ethnic boundaries. Igbo traders depend on northern agricultural production, western commercial infrastructure, national transport networks, and customers throughout the federation. Northern traders depend on distribution networks, industrial suppliers, transport operators, and commercial partnerships that include Igbo entrepreneurs. Yoruba commercial and industrial networks likewise operate within a national economy in which Igbo businesses and professionals are important participants. These relationships are not always free of competition, political disagreement, or occasional hostility. But they show that Nigeria’s communities are economically interconnected in ways that political divisions often obscure.

The appropriate question is not which ethnic group is economically superior. It is how Nigeria can build institutions that allow every community to participate without fear, discrimination, or political exclusion. It is equally important to challenge simplistic assumptions about how communities see one another. There is no single Hausa opinion of the Igbo, just as there is no single Yoruba or Igbo opinion of another community. Attitudes differ by geography, generation, personal experience, political affiliation, and economic relationships. A shopkeeper in Kano may have a different experience of Igbo commercial relationships from a political activist elsewhere, and a Yoruba manufacturer in Lagos may view an Igbo business partner differently from someone whose understanding is shaped mainly by political propaganda. An honest account must examine these differences rather than manufacture a uniform ethnic viewpoint. The greatest achievement of Nigeria’s commercial communities may be that they continue to trade, invest, and collaborate even when political rhetoric tries to divide them.

The story of Ndigbo does not end at Nigeria’s borders. Igbo professionals, entrepreneurs, academics, scientists, artists, and business owners have established themselves in different parts of the world, and their influence can be seen in literature, medicine, engineering, finance, education, entertainment, technology, and international commerce. The works of Chinua Achebe and Chimamanda Ngozi Adichie have shaped international understanding of African identity, colonial history, and contemporary society. In music, artists such as Flavour and Phyno have helped project the Igbo language and cultural expression into contemporary global entertainment.

But the global Igbo story should not be reduced to famous personalities. Its deeper significance lies in the networks of human capital, family relationships, investment, and knowledge transfer that connect the diaspora with communities at home. An Igbo professional in London, an engineer in Germany, a physician in the United States, or an entrepreneur in Canada can contribute to Nigeria’s development through investment, skills transfer, mentorship, and international business relationships. Nigeria has yet to fully exploit that opportunity. Rather than treating the diaspora mainly as a source of remittances, the government should create mechanisms that encourage diaspora investment in productive industries, research institutions, healthcare, education, and technology. International recognition of Igbo achievements does not mean that the entire diaspora is wealthy or that every successful professional invests at home. The policy challenge is to convert individual achievement into collective development.

A truly serious account must also confront the uncomfortable aspects of Igbo economic and social life. Celebrating entrepreneurial resilience without examining its limits would produce propaganda, not journalism. The commercial model has weaknesses that deserve attention. The first is overdependence on informal commerce. Trading has created opportunities for millions, but it cannot by itself deliver the industrial transformation Nigeria requires. The region needs stronger manufacturing, technology development, agricultural processing, research, and export-oriented enterprises. The second is succession and institutionalisation. Many successful businesses remain heavily dependent on individual founders and family structures, and the challenge is to turn them into professionally managed institutions that can outlive their founders. The third is access to affordable capital. The apprenticeship system is valuable, but it cannot finance the large industrial investments modern manufacturing requires. Indigenous entrepreneurs need long-term finance, credit guarantees,s and transparent development programmes. The fourth is insecurity and the cost of economic disruption. Insecurity, extortion, and disruptions to transport undermine business confidence, and their costs must be investigated without blaming entire communities or political movements. The fifth is regional governance. Entrepreneurship cannot indefinitely compensate for inadequate public infrastructure, and Southeast governments must account for their budgets, procurement decisions, infrastructure projects, internally generated revenues, and development priorities. It would be intellectually dishonest to demand accountability from Abuja while ignoring failures in Awka, Enugu, Umuahia, Owerri, and Abakaliki. The Igbo development question is therefore not only a federal question. It is also a question of leadership, institutional responsibility, and the willingness of regional political elites to account for public resources.

The future of the Igbo people will not be determined by historical grievances alone, nor by the number of successful entrepreneurs they produce. It will depend on whether their economic strength can be translated into sustainable institutions, and five questions will decide that. Can the South-East become a manufacturing powerhouse, moving beyond trading to competitive industrial production that can supply Nigeria, Africa, and international markets? Can Igbo entrepreneurship become institutionalised, so that the knowledge and opportunity embedded in Igba-Bọọ are strengthened through education, technology, finance, and legal protection? Can the South-East Development Commission deliver measurable development, judged by completed projects, employment, transparent expenditure, and better living standards? Can Igbo political influence become more strategic, so that the region can negotiate with successive federal administrations without giving up democratic independence or reducing political participation to the pursuit of appointments? And can Nigeria finally build a political and economic system in which every citizen feels that the country belongs to them? That last question may matter most. The future of Ndigbo cannot be separated from the future of Nigeria. A prosperous South-East within a failing Nigeria will remain constrained, and a Nigeria that fails to harness the productive capacity of its different communities will continue to undermine its own development.

There is something remarkable about the Igbo story. A people whose history includes the devastation of war, the loss of accumulated wealth, decades of arguments about political representation, and persistent infrastructure challenges have nevertheless built commercial networks that extend across Nigeria and beyond. They have produced entrepreneurs, industrialists, academics, professionals, writers, and innovators. They have developed ways of transferring business knowledge and creating new enterprises. They have shown that economic initiative can survive even when the institutional environment is far from ideal.

But resilience should never become an excuse for government failure. It is not enough to celebrate the ability of Igbo traders to survive poor roads when the government should be building roads. It is not enough to praise their ability to run businesses on generators when the country should be providing reliable electricity. It is not enough to admire their apprenticeship system when the government should be creating an environment in which young people can access quality education, affordable finance, and decent employment. Nor is it enough for political leaders to celebrate Igbo appointments while citizens continue to demand measurable development. The responsibility for building Nigeria belongs to all Nigerians, but the responsibility for governing it rests with those entrusted with public office.

The Igbo must also confront their own responsibilities. They must strengthen their institutions, invest in regional development, protect democratic independence, demand accountability from their leaders, and build enterprises that can compete globally. This is not a question of ethnic competition. It is a question of national development. The Hausa, Yoruba, Igbo,o and every other Nigerian community has something essential to contribute to the country’s future, and none should have to diminish another to achieve its own progress.

Perhaps the most important lesson from the Igbo experience is that the ability to create wealth is not the same as the ability to shape the institutions that distribute opportunity. Ndigbo have shown the first with remarkable determination. The challenge before their political leaders, business community, intellectuals, and younger generation is to strengthen the second. And the challenge before Nigeria is to recognise that a country cannot become a genuine economic power by depending on the resilience of its citizens while failing to build the institutions that allow them to flourish.

The world has seen the Igbo build businesses beyond their homeland. It has seen them rebuild after devastating setbacks. It has seen their entrepreneurial spirit travel across continents. The next chapter should be about something greater. It should be about building institutions, turning indigenous enterprise into global industrial competitiveness, securing democratic influence, and creating a Nigeria in which no community has to struggle for recognition of its contribution.

The Igbo story is not finished. Neither is Nigeria’s unfinished promise.

Daniel Nduka Okonkwo is an investigative journalist, human rights advocate, and policy analyst based in Nigeria. He is the founder and publisher of Profiles International Human Rights Advocate (PIHRA), a platform documenting the courage of human rights defenders and examining issues of governance, accountability, security, and fundamental rights.

His reporting on Nigerian governance, security-sector accountability, public finance, and human rights has appeared in Sahara Reporters, Vanguard, Daily Trust, African Defence Forum, Opinion Nigeria, and Daily Intel.

Read more of his work on the PIHRA website:
https://www.profilesinternationalhumanrightsadvocate.com.ng/

For tips, feedback, or collaboration, contact him at dan.okonkwo.73@gmail.com.

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