Okonjo-Iweala

December 10, 2015

Opinion: How Oshiomhole went from ‘Comrade Governor’ to ‘Empty Barrel’

Leadership is a grave responsibility. As such, a leader is expected to demonstrate a few fundamental qualities some of which are honesty, integrity and a pursuit of knowledge. While these qualities are important for everyone, they become even more vital as one assumes higher levels of leadership. It is therefore worrisome to see some leaders... Read More

Adams Oshiomhole, Okonjo-Iweala

December 9, 2015

My involvement with Sambo Dasuki and the arms deal scandal – Okonjo-Iweala

Former Minister of Finance, Dr Ngozi Okonjo-Iweala says she cannot be held accountable for the misappropriation of the funds released for the procurement of arms for the nation’s armed forces. Former National Security Adviser, Sambo Dasuki is at the center of an investigation into the diversion of about $2billion meant for the purchase of arms during the... Read More

Featured, The News Blog

arms deal, Okonjo-Iweala, Sambo Dasuki

September 29, 2015

Opinion: Okonjo-Iweala, the prophet not celebrated at home

Nigerians are usually excited about changing governments. The incoming administration comes with Nigerians, as usual, having high expectations, only to end up being more disappointed than they were before the administration took off. One recalls the excitement that followed the bringing down of the “Union Jack” and the raising of the new Nigerian flag at... Read More

Bade Adebolu, economy, nigeria, Okonjo-Iweala

September 21, 2015

Okonjo-Iweala gets a new gig

Ngozi Okonjo-Iweala, has moved on to bigger things, depending on how you look at it. The Former minister of Finance, has joined one of the world’s leading financial advisory and asset management firms, Lazard Ltd. Okonjo-Iweala will be joining Lazard, as a Senior Advisor. Kenneth M. Jacobs, Chairman and Chief Executive Officer of Lazard, said the following regarding... Read More

Lazard ltd, Okonjo-Iweala, senior advisor

September 21, 2015

Okonjo-Iweala gets a new gig

Ngozi Okonjo-Iweala, has moved on to bigger things, depending on how you look at it. The Former minister of Finance, has joined one of the world’s leading financial advisory and asset management firms, Lazard Ltd. Okonjo-Iweala will be joining Lazard, as a Senior Advisor. Kenneth M. Jacobs, Chairman and Chief Executive Officer of Lazard, said the following regarding... Read More

Lazard ltd, Okonjo-Iweala, senior advisor

September 21, 2015

Okonjo-Iweala gets a new gig

Ngozi Okonjo-Iweala, has moved on to bigger things, depending on how you look at it. The Former minister of Finance, has joined one of the world’s leading financial advisory and asset management firms, Lazard Ltd. Okonjo-Iweala will be joining Lazard, as a Senior Advisor. Kenneth M. Jacobs, Chairman and Chief Executive Officer of Lazard, said the following regarding... Read More

Lazard ltd, Okonjo-Iweala, senior advisor

August 24, 2015

Okonjo-Iweala says she is ready to be probed

Former Minister of Finance, Ngozi Okonjo-Iweala, has declared her support for President Muhammadu Buhari’s anti-corruption war, saying that she was ready to subject herself to an for unfettered government probe of her two terms in office. Okonjo-Iweala, who was reacting to media reports that she was allegedly planning to build a multi-million dollar Okonjo –Iweala family hospital in... Read More

Buhari, hospital, minister of finance, Okonjo-Iweala, PROBE

August 17, 2015

Okonjo-Iweala responds to report about $600m loan fraud

Recently there was a report that $600 million of the $1 billion Chinese loan obtained for railway projects was diverted under the Jonathan administration. But the finance minister in that administration, Ngozi Okonjo-Iweala, has refuted the report. Read the statement below by her media aide. Since this story was first reported, we have continued to... Read More

Buhari, Chinese bank, loan, Okonjo-Iweala, PROBE

August 11, 2015

Okonjo-Iweala has to explain where the $1bn rail transport loan went

In his war against corruption, President Muhammed Buhari has asked the Ministry of Finance to provide information on the whereabouts of the foreign loans obtained for rail projects but diverted to other purposes under the watch of former Minister of Finance, Ngozi Okonjo Iweala. Buhari’s directive followed the diversion of a substantial part of the loan of $1.005... Read More

$1billio, Buhari, diversion, Okonjo-Iweala, rail transport

Peter Obi says Okonjo-Iweala’s critics want to ‘pull down our best’

Former governor of Anambra state, Peter Obi says that Nigerians’ attitude towards former minister of finance, Ngozi Okonjo-Iweala is totally unfair and there is nothing to gain from it. He said this when he met with some journalists in the state recently where he spoke on various national issues, especially on the alleged mismanagement of Nigeria’s... Read More

Anambra State, Okonjo-Iweala, peter obi

Ngozi Okonjo-Iweala is no snitch

Former minister of Finance, Ngozi Okonjo-Iweala has debunked the allegation that she has handed over a dossier of corrupt deals done under the past administration of former president Goodluck Jonathan. Okonjo-Iweala stated the reports publicized by Saharareporters and some other media is completely false and without foundation. In a statement by Media Adviser to Okonjo-Iweala, Paul Nwabuikwu,... Read More

Buhari, corrupt deals, jonathan, Okonjo-Iweala

THE 2015 TRACKLIST: Oshiomhole, Okonjo-Iweala war drama continues, Service chiefs were sacked for this reason, PMB lacks power to slash salary, More stories

NHRC chairman says PMB lacks power to slash salary. Punch Here is why service chiefs were sacked. Leadership Ikpeazu says he didn’t tell Otti to withdraw from tribunal. Punch Oronsaye arraigned, pleads not guilty to 24 counts charge. This Day PMB promises to boost oil, gas sector. Punch Dogara gives condition for removal of subsidy.... Read More

Buhari, Dogara, jonathan, Okonjo-Iweala, Oshiomhole, Service Chiefs, tracklist

Okonjo Iweala’s aide says she’s being persecuted

Okonjo-Iweala’s media adviser, Paul Nwachukwu, has said she’s being persecuted by political opponents of the last administration. He said this in a statement. Read the statement below; We thank the Finance Commissioners for their clarification on the use of the Excess Crude Account (ECA) and for acknowledging that this is not an Okonjo-Iweala issue. The... Read More

$2.1billion, ECA, FAAC, Okonjo-Iweala

$2.1 billion drama: Oshiomole replies Okonjo-Iweala, says she is not transparent

Former minister of finance Ngozi Okonjo-Iweala and Edo state Governor Adams Oshiomhole have accused each other back and forth over the recent $2.1 billion controversy. Oshiomhole, a member of the newly inaugurated National Economic Council (NEC), had earlier revealed that Okonjo-Iweala, spent $2.1 billion from the Excess Crude Account (ECA) without authorization. Okonjo-Iweala denied the allegation,... Read More

$2.1 billion, CBN, Okonjo-Iweala, Oshiomhole

Okonjo-Iweala replies, says there was no unauthorized spending

The newly inaugurated National Economic Council (NEC) on Monday accused former Minister of Finance and Coordinating Minister of the Economy, Ngozi Okonjo-Iweala, of spending $2.1bn from the Excess Crude Account without authorization. Okonjo-Iweala reacted to the allegation saying the allegation by some governors is false, malicious and totally without foundation. In a statement on Tuesday... Read More

$2.1billion, Excess Crude Account, governors, Okonjo-Iweala, unauthorized

THE 2015 TRACKLIST: APC wants Ekweremadu out, APC governors gives names of NASS principal officers, APC PDP exchange words, More stories

Buhari says all revenues from NNPC must be paid into consolidated revenue funds. This Day NEC says Okonjo-Iweala spent $2.1 billion without approval. YNaija PDP talks back tells Buhari he can’t blackmail them. This Day APC senators replies PDP, says they can’t rush Buhari into GEJ’s trap. YNaija Saraki, Dogara dismiss Akande’s allegations on sponsorship by... Read More

Buhari, NEC, nnpc, Okonjo-Iweala, tracklist

Senate summons Okonjo-Iweala, Allison-Madueke over fuel crisis

by Ranti Joseph The lingering fuel crisis in the country has compelled the Joint Senate Committees on Petroleum Resources to order the Minister of Finance and Coordinating Minister for the Economy, Ngozi Okonjo-Iweala, and her counterpart in the Petroleum Resources Ministry, Diezani Allison-Madueke, to appear before it on Monday next week. Those also summoned alongside the two ministers... Read More

Allison-Madueke, Fuel crisis, Okonjo-Iweala, senate

NGF asks Okonjo-Iweala to account for N20billion

by Ranti Joseph It seems he minister of finance and coordinating minister of the economy, Ngozi Okonjo-Iweala still has some query to address. The thirty- Six State Governors under the aegis of Nigeria Governors’s Forum (NGF) has asked Okonjo- Iweala as a matter of urgency to account for the money that were accruable to the... Read More

economy, Excess Crude Account, Finance, NGF, Okonjo-Iweala

No, I didn’t disown Pricewaterhouse Coopers – Okonjo-Iweala

by Ranti Joseph Minister for the Economy and Minister of Finance, Dr Ngozi Okonjo-Iweala has denied reports that she disowned PriceWaterHouse Coopers, the international audit firm which carried out the recent audit of the alleged unaccounted for $20 billion. This is disclosed in a statement by Special Adviser to the Coordinating Minister of the Economy... Read More

allegation, Auditor General, nigeria, Okonjo-Iweala, PriceWaterCoopers

Okonjo-Iweala says she didn’t appoint firm that audited NNPC

by Ranti Joseph The Minister of Finance, Ngozi Okonjo-Iweala, denies appointing PriceWaterHouseCoopers to audit the Nigerian National Petroleum Corporation (NNPC) over the allegation the company diverted $20 billion oil money. This revelation was contained in a statement issued by the Special Adviser to the Minister, Paul Nwabuikwu, on Thursday. According to Nwabuikwu, the statement came... Read More

economy, missing $20billion, nigeria, Okonjo-Iweala, Pwc

‘You are political tool’ || ‘We are not working for APC’ – Between SERAP and Okonjo-Iweala

by Ranti Joseph A civil society group, the Socio-Economic Rights and Accountability Project (SERAP) on Sunday, urged the Coordinating Minister for the Economy and Minister of Finance, Ngozi Okonjo-Iweala, to embrace constructive engagement on issues of human rights, transparency and accountability. The group also asked Okonjo-Iweala to avoid sound bite and opportunistic attacks on civil... Read More

APC, Okonjo-Iweala, SERAP, SERAP replies okonjo-iweala, we are not APC's tool

FG approves N2.4 billion testing tools for automative council

N2.4 The Federal Government on Wednesday has approved a request by the Ministry of Industry, Trade and Investment for the award of contracts by the National Automative Council (NAC) to procure auto testing laboratories equipment and tools to be installed in designated laboratories in Lagos, Enugu and Zaria. The decision was taken at the weekly... Read More

aganga, FG, FG approves €11.6m testing tools for automative council, Okonjo-Iweala

Okonjo-Iweala says the lawsuit against her is politically motivated

by Ranti Joseph The Minister of Finance, Ngozi Okonjo-Iweala, on Tuesday has lambasted a civil society group, Socio-Economic Rights and Accountability Project (SERAP) for instituting a lawsuit against her over the claim by a former Central Bank governor, Chukwuma Soludo, that Nigeria has lost as much as N30 trillion to corruption and mismanagement. Okonjo-Iweala who... Read More

economy, Lawsuit, lawsuit against me is politically motivated, Okonjo-Iweala, says Okonjo-iweala

February 4, 2015

Nuhu Ribadu defends Okonjo-Iweala, calls out Soludo over ‘missing N30trn’

by Anike Jacobs Former EFCC Chairman and PDP Governorship candidate in Adamawa state, Nuhu Ribadu has come out to defend the allegation of a missing $3o trillion against Minister of Finance and Coordinating Minister of the economy, Ngozi Okonjo-Iweala by former CBN Governor Charles Soludo. In an interview with NAN, Nuhu Ribadu said it was... Read More

Charles Soludo, nuhu ribadu, Okonjo-Iweala

January 30, 2015

#FuelPumpPrice: Fashola really needs to get his facts right – Okonjo-Iweala

by Anike Jacobs Dr. Ngozi Okonjo-Iweala, the Coordinating Minister for the Economy and Minister of Finance, has responded to recent claims by Lagos State Governor, Babatunde Raji Fashola on the PMS pump price reduction and the economy. The reduction in the pump price from N97/litre to N87/litre was announced on January 18, 2015. Fashola... Read More

fashola and okonjo iweala, oil pump pric, Okonjo-Iweala

December 3, 2014

Okey Ndibe: Nigeria, a darkening time

by Okey Ndibe Visiting Nigeria in mid-November, I became aware that the country was going through darkening times. The choice of adjective—darkening—is rather advised. For several decades, Nigeria has been mired in dark times. What I detected, then, was not a sudden shift from vibrancy to a dismal state, not a dramatic deviation from robustness... Read More

LNG, nigeria, Okey Ndibe, Okonjo-Iweala, opinion, Production, ynaija

September 19, 2014

Nigeria’s growth prospects look strong in 2014 – Okonjo Iweala

by Tunji Andrews Nigeria’s finance minister said on Friday, 19 September, that she is confident that growth in 2014 will be around the government’s latest forecast of 6.5 percent after discounting the economic impact of the insurgency waged by the Islamist group Boko Haram. This assertions would be from a strong economic showing in the... Read More

boko haram, Ebola, Finance Minister, nigeria, Okonjo-Iweala, Second quarter, singapore, West Africa

Okonjo Iweala explains why charges were dropped against Abacha, Court orders lawmakers to halt probe of Alison-Madueke & other important news you should know today

by Oge Okonkwo Okonjo Iweala explains why charges were dropped against Abacha -Premium Times President Goodluck Jonathan on Thursday constituted an inter-ministerial committee to manage the €167 million (about N36 billion) expected to be returned to Nigeria from the government of the Principality of Liechtenstein as part of the looted funds recovered from the Abacha... Read More

abacha, alison-Madueke, court, lawmakers, Okonjo-Iweala, other important news, PROBE

Okonjo-Iweala hit at governors over ‘misuse’ of allocation, Nigeria implicated in fresh match-fixing scandal & other important news you should know today

by Oge Okonkwo Okonjo-Iweala hit at govs over ‘misuse’ of monthly allocation The coordinating Minister of the Economy and Minister of Finance, has hit at state governors over what she described as ‘misuse’ of the monthly budgetary allocation they get from the federation account. The minister who spoke Sunday, at the 12th Convocation of Babcock... Read More

match-fixing scandal, misuse of monthly allocation, nigeria, Okonjo-Iweala, other important news

Inspector general mohammed abubakar

IGP warns Nigerians against ‘jungle justice’, US reaffirms commitment to rescue Chibok schoolgirls & other important news you should know today

by Oge Okonkwo US reaffirms commitment to the rescue of the Chibok schoolgirls The United States has stressed its commitment to the ongoing efforts to rescue the over 200 school girls abducted by the Boko Haram sect. According to a US senior official, a key focus of the U.S-Nigerian bilateral relationship is combating violent... Read More

.US, Chibok girls, commitment, FG, Okonjo-Iweala, other important news, rescue of the Chibok schoolgirls

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