Chief Akintola was shot dead in Ibadan after putting up spirited resistance with an automatic riffle, Nzeoguru Simon was also killed plus his wife as well as several members of his security guard.

Azikiwe was exiled by the coup plotters to Britain and a supreme military council was set up with Ironsi as the chairman. This opened way for the army influence Nigeria's politics to date partial.

The coup led to restoration of partial peace in Nigeria for six months January 1966 – July 1966 when Ironsi was over thrown by Yakubu Gowon who ruled Nigeria to 1975 when he was overthrown by a coup organized by Murtala Mohamed. So the January patial peace in Nigeria. On one hand and counter coups as well as instabilities on the other.

Ironsi regime-opened up-diplomatic relations with western countries. This opened Nigeria to forces of Neo-colonialism. However, the loans and grants extended to Ironsi's government received aid in form of technical service from European Economic Community.

Though Ironsi's regime didn't perfectly end regional imbalances, he tried to address it first by providing for the delayed release of Awololo, who he blamed for the January coup.

Destruction of property can "be neglected as an effect of the coup in Nigeria especially as the armed forces advanced to the towns of Lagos and Ibadan.

The coup exposed yet another contradiction in the OAU after Katanga secession saga. OAU founder members like Nigeria had defiled their own charter which restricted disunity in Africa and the use of militarism in addressing any confiict.

Victims of Jan. 15, 1966 coup

The citizens were terribly shocked when top-ranking government functionaries including the Prime Minister, Alhaji Abubakar Tafawa Balewa, were killed in a selective elimination that tended to give the whole exercise an ethnic coloration. Others who died were the premier of Northern Region, Sir Ahmadu Bello; the premier of Western Nigeria, Chief Samuel Ladoke Akintola and the Finance Minister, Chief Festus Okotie-Eboh.

Also, Brig. S.A. Ademulegun, Major S.A. Adegoke, Lt. Col. J.Y. Pam, Brig. Zakari Maimalari and Col. Kur Mohammed died. Others who lost their lives included Lt. Col. Largema, S/Lt. James Odu, Col. S.A. Shodeinde and Lt. Col. A.G. Unegbe.

Survivors

Dr. Nnamdi Azikiwe was at this time the President of the Federal Republic of Nigeria but he had shortly left for overseas shortly before the coup. This way, he survived. But tongues were sent wagging as to whether his trip was a result of any privileged information. Dr. Michael Okpara, the premier of Eastern Region was also a survivor of the first military intervention in Nigeria, among others.

But despite the resistance mounted by troops loyal to the incumbent regime, Chief Nwa for Orizu who was the then Senate President and acting President would not be convinced that there was enough peace for democratic governance. As a result, he handed over power to Major-Gen. Thomas Umunnakwe Aguiyi-Ironsi. The latter’s introduction of a unitary system of government was most ill-advised and roused some ill-tempers.

Owing to the high number of Northern casualties, the intervention was seen as one directed at that tribe. And when the North took its pound of flesh on July 29, 1966, it was such a colossal tragedy for the Igbos.