Some recent media reports have distorted comments made by former Finance Minister Dr Ngozi Okonjo-Iweala regarding how lack of political will negatively impacted national savings over the past few years.
Contrary to the slant given by these loud headlines, Dr Okonjo-Iweala did not indict the Jonathan administration in which she served.
Rather, she was referring to what many Nigerians already know: the strong opposition by some governors to the Jonathan government’s efforts to save in the Excess Crude Account and the Sovereign Wealth Fund sabotaged this important national priority.
The governors’ criticism of Dr Okonjo-Iweala’s many calls for the country to save for the rainy day are still fresh in the minds of Nigerians.
It will be recalled that this opposition culminated in the Governors taking the Jonathan government to the Supreme Court in furtherance of their position that the Federal Government had no right to “compel” them to save.
Several knowledgeable persons including former Anambra State Governor, Mr Peter Obi have confirmed these facts.
So the issue of Okonjo-Iweala indicting the Jonathan administration over this very public issue simply does not arise.
We urge the media to always consult for clarification whenever the need arises.
Paul C Nwabuikwu
Media Adviser to Dr Okonjo-Iweala
Click to signup for FREE news updates, latest information and hottest gists everyday
Advertise on NigerianEye.com to reach thousands of our daily users
Home
Latest News in Nigeria
LOW SAVINGS: OKONJO-IWEALA DID NOT INDICT THE JONATHAN ADMINISTRATION
LOW SAVINGS: OKONJO-IWEALA DID NOT INDICT THE JONATHAN ADMINISTRATION
Victor
-
Saturday, April 16, 2016
Subscribe to:
Post Comments
(
Atom
)
Ameachi and co that took Jonathan to court should bury their head in shame not playing saints.
ReplyDeleteThe governors wanted money for elections especially the APC states that donated for their presidential campaign. They will not tell us how they got the huge amount of money to fund their campaign both home and abroad. All the social media staff they employed. Today they are crying foul. Deceit in the highest order.
ReplyDeleteAbegi, Didn't OBJ face the same governors who wanted the money rather than save? Did OBJ not save despite their noise? Okonjo-Iweala was right the first time. GEJ didn't have the liver to oppose the governors and that is why we are in this mess. It also means the gains achieved during OBJ's time were not due to the fantastic intelligence of Okonjo-Iweala but the brute raw tactics of OBJ.
ReplyDeleteThis woman should be talking. She is only looking for a way to save face. Bt what she doesn't realise is that she cant isolate herself from the government she serve in.my advice to her is to lay-low, she had her chance bt misused it.
ReplyDelete