Okonjo-Iweala eyes World Bank Presidency

Nigeria’s former Minister of Finance, Mrs. Ngozi Okonjo- Iweala, has declared her intentions to gun for the presidency of the World Bank. Okonjo-Iweala, who disclosed this in a media interview yesterday in Davos, Switzerland, said: “I know that, because I contested the last time in 2012, and many people were asking that question. She said: “It is a shareholder’s decision and they have to decide how they want it. Someone has to nominate. If the right persons were to nominate, and if the circumstances are right and people feel I…

Read More

Okonjo-Iweala tasks government on community development

Former Minister of Finance, Dr. Ngozi Okonjo-Iweala, has called on the three tiers of government in Nigeria to pay serious attention to the development of rural communities in the country. She made the call yesterday during the 12th biennial home-coming (Ejealo 2018) and N25 million fundraiser for the construction of a craft centre at Umuda Isingwu in Umuahia North Local Government Area of Abia State. She said no country in the world could develop without giving attention to its rural communities. She therefore urged Nigerians to go back to their…

Read More

2015 budget N17bn bribe: Okonjo-Iweala misquoted-Senate

The Senate has said that the former Minister of Finance, Dr. Ngozi Okonjo-Iweala, was misrepresented in the media reports, claiming that she accused the National Assembly of collecting N17 billion as a bribe from the Executive to pass the 2015 Appropriation Bill. The Senate also said that the N17 billion was not credited to the personal accounts of the lawmakers, explaining that the money was for the funding of various constituency projects designated by the legislators as empowerment or developmental projects for their constituents. The Spokesman of the Senate, Senator…

Read More

Donald Duke fires back at Okonjo-Iweala over claims in her new book

Donald Duke, a former governor of Cross River State, has fired back at former Minister of Finance, Ngozi Okonjo-Iweala, on her claims that he tried to stop her from joining the Goodluck Jonathan administration in order to deny Jonathan’s government credibility, “weak and not succeed”. Mr Duke took to his Twitter handle, @Donald_Duke, on Wednesday morning to react to the allegation by the former coordinator of the Nigerian economy. Mrs Okonjo-Iweala had in a new book titled ‘fighting corruption is dangerous’ revealed that Mr. Duke visited her in Washington DC,…

Read More

Pension fraud: Reps summon Okonjo-Iweala, Maina, HoSF

The House of Representatives yesterday summoned former Finance Minister, Dr. Ngozi Okonjo-Iweala; former chairman, Presidential Pension Reform Task Team (PRTT), Alhaji Abdulrasheed Maina; Head of Service of the Federation, Mrs. Winifred Oyo-Ita and members of the pension team. The House also promised to provide security cover for the wanted ex- PRTT boos to appear before it.   Also summoned are the governor of Central Bank of Nigeria (CBN), Mr. Godwin Emefiele, chairman of the Economic and Financial Crime Commission (EFCC), Mr. Ibrahim Magu and his Independent Corrupt Practices and other…

Read More