Olu Falae

Olu Falae, Nigerian politician and government official

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Born: September 21, 1938
Age in 2026: 88
Zodiac sign: Virgo
Birth year: 1938

About Olu Falae

Chief Samuel Oluyemisi Falae, is a Nigerian banker, administrator and politician who was secretary to the military government of Ibrahim Babangida from January 1986 to December 1990, and briefly the Finance Minister in 1990. He ran for president in Nigeria's Third and Fourth Republics. He was awarded the national honour of Commander of the Federal Republic in 2008. During his time in office, Falae became a vocal defender of SAP even when it was becoming unpopular with the masses, earning him the moniker "Mr. Falae soon became the candidate of choice for followers of Awolowo and some progressives within the Social Democratic Party.

Biography source: Wikipedia. The profile adds birthday-specific historical context from the Celebs Birthday Today editorial database.

The world when Olu Falae was born

Olu Falae was born in 1938. The year snapshot below places that birthday in its cultural and historical setting: the music and films people were following, the headlines shaping public life, and the everyday prices families encountered.

Culture in 1938

#1 song"A-Tisket, A-Tasket" – Ella Fitzgerald
Top movieThe Adventures of Robin Hood
Best-selling bookRebecca – Daphne du Maurier

Headlines and milestones

Major sports momentJoe Louis knocks out Max Schmeling in round 1
Top headlineWar of the Worlds broadcast causes nationwide panic
Technology milestoneNuclear fission discovered
Defining fadSuperman debuts in Action Comics #1
Notable inventionInstant coffee (Nescafé)
World population2.30 billion

United States snapshot

U.S. leaderFranklin D. Roosevelt
Sports championNew York Yankees (World Series)
U.S. population129.8M

1938 versus 2026

These figures put everyday life in Olu Falae's birth year beside the site's latest United States snapshot.

Measure	1938	2026
Gas	$0.20	$3.45/gal
Average home	$5,100	$435,000
Average income	$2,800	$67,500
Minimum wage	$0.25	$7.25/hr (federal)
Movie ticket	$0.25	$11.95
Postage stamp	$0.03	$0.73
Population	129.8M	341 million

Sources and editorial standards

This profile combines a biographical source with structured birthday and historical context. Sources recorded for this profile: Wikipedia, Library of Congress. See our editorial policy for sourcing, corrections, and review standards.

Read the source biography on Wikipedia. Wikipedia text is available under the Creative Commons Attribution-ShareAlike License.