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
Follow us on Twitter at @thesignalng
Copyright 2015 SIGNAL. Permission to use portions of this article is granted provided appropriate credits are given to www.signalng.com and other relevant sources.
April 18, 2016 at 1:11 am
Passing the buck as usual, it is better for Ngozi to remain silent until she is called upon. Which of these two have authority over the other, Governor or President? The Ngozi continues to make dumb statements, the more Nigerians will know how shallow she is despite her PhD from Harvard.