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The Economic Impact of the Nigerian Civil War. Few events alter the socio-economic structure of a country as radically as the convulsions and displacements concomitant with war and political upheaval. In Nigeria the two coups d'Ã©tat of 1966 and the civil war of 1967â1970 have had a profound effect on economic activity, and in turn have been affected by economic variables.
The 1966 Nigerian coup d'Ã©tat began on January 15, 1966, when mutinous Nigerian soldiers led by Kaduna Nzeogwu and Emmanuel Ifeajuna killed 22 people including the Prime Minister of Nigeria, many senior politicians, many senior Army officers, and sentinels on protective duty. The coup plotters attacked the cities of Kaduna, Ibadan, and Lagos while also blockading the Niger and Benue River within a two-day span of time before the coup plotters were subdued. The General Officer Commanding, of the Nigerian Army, Johnson Aguiyi-Ironsi then used the coup as a pretext to annex power, ending Nigeria's nascent democracy. It was one of the events that led to the Nigerian Civil War