Nigeria’s former Finance Minister and Coordinating Minister for the Economy under the President Goodluck Jonathan administration Dr (Mrs) Ngozi Okonjo-Iweala, has been named an independent non-executive director at Standard Chartered PLC. Standard Chartered PLC is a British multinational banking and financial services company headquartered in London, England and with presence in 70 countries. According to […]
Read More Former Finance Minister, Mrs Ngozi Okonjo-Iweala, has said growth and development would not be achieved when a country has distortions in its foreign exchange rates. Speaking at the launch of ‘Beating the Odds: Jumpstarting Developing Countries’, a book written by Justin Yifu Lin and Celestin Monga in Ahmedabad, India, Okonjo-Iweala said there was no one […]
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An elder statesman, Chief Emmanuel Iwuanyanwu, has advised President Muhammadu Buhari to seek economic advice from a former Minister of Finance, Ngozi Okonjo-Iweala, in order to rescue the country from recession. Iwuanyanwu said with the present economic problems, no foreign investor would invest in the country. The politician urged Nigerians to generate fresh ideas rather […]
Read More The immediate past Minister of Finance, Dr Ngozi Okonjo-Iweala on Monday said she had directed her lawyers to take legal steps against the court judgement asking her to account for the alleged missing N30trn. The court while delivering judgement in a suit filed by the Socio-Economic Rights Agenda in pursuant to the Freedom of Information […]
Read More A Federal High Court sitting in Lagos has ordered former Minister of Finance Dr. Ngozi Okonjo-Iweala and the Federal Government to provide information on how N30 trillion was spent. The cash represents some accruable income to the Federal Government during the last four years of the administration of former President Goodluck Jonathan. Justice Ibrahim Buba gave […]
Read More The immediate past Minister of Finance, Dr. Ngozi Okonjo-Iweala, on Thursday said lack of political will to save oil revenue under former President Goodluck Jonathan was responsible for the challenges facing the country presently. She said as a result, the World Bank and the International Monetary Fund must seek means to embed savings in national […]
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In my application to the Special Prosecutor of the International Criminal Court (ICC) last week, I requested for investigation into the allegations of crimes against humanity committed by serving and retired military officers and their civilian accomplices. Having diverted over $8 billion earmarked for the procurement of arms and armament for counter insurgency operations I […]
Read More FORMER Minister of Finance, Dr. Ngozi Okonjo-Iweala, has described as a joke attempt by Lagos lawyer, Mr. Femi Falana, to link her to the raging $2.1 billion arms scandal, The nation report. A statement issued by her media adviser, Paul Nwabuikwu, said the ex-minister “has absolutely nothing to do with the alleged misuse of $2.1billion […]
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A second round of investigation into the $2.1billion arms deals is to be commenced by the Economic and Financial Crimes Commission(EFCC) tomorrow, The Nation report. Top of the probe agenda is how the Jonathan Administration spent €3,654,121million to purchase security vehicles for the Republic of Niger in October 2013 and April 2014. The cash was withdrawn […]
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A House of Representatives ad hoc committee is probing the “suspicious” transfer to another account of N1.17bilion approved for a Federal Government agency. The committee is seeking answers to why the immediate past Minister of Finance and Coordinating Minister for the Economy, Dr. Ngozi Okonjo-Iweala, reversed a presidential directive which approved the money for the […]
Read More The former Minister of Finance and Coordinating Minister of the Economy in the last administration, Dr. Ngozi Okonjo-Iweala and some top management staff of the commission has been said to be interrogated by the Economic and Financial Crimes Commission The source told our correspondent on the condition of anonymity in Abuja on Wednesday that the […]
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