Showing posts with label Ngozi Okonjo-Iweala. Show all posts
Showing posts with label Ngozi Okonjo-Iweala. Show all posts

Tuesday, 29 April 2014

Politicians stoking BOKO HARAM insurgency, says Okonjo-Iweala



Following the recent Nyanya uproar, amongst other Boko Haram deadly acts, Nigeria's minister of finance - Mrs. Ngozi Okonjo has said that the insurgency by the violent Islamic sect, BokoHaram, is being stoked by politicians, who “will use anything to win election.”

Whilst the President of the Federal Republic is doing all he can to reduce these unwanted occurrences - even meeting with the 36 state governors, security chiefs and top cabinet members in Abuja to discuss the way forward in combating the menace of the insurgents in the North-East, no solution seems to come up.

And Okonjo-Iweala explained the the reasons for the severity of these recent incidences are merely stemmed from political jingoism.

Friday, 11 April 2014

Okonjo-Iweala Clarifies World Bank’s Poverty Rating of Nigeria

Nigeria's Minister of Finance, Dr Ngozi Okonjo-Iweala, said World Bank’s ``extreme poor nation’’ rating of Nigeria was based on the large number of poor people living in the country, according to dailytimes.


In a meeting held in Washington on Wednesday, World Bank President, Dr Jim Kim, announced that Nigeria was among the extremely poor countries in the world. Other mentioned countries were: India, China, Bangladesh, Democratic Republic of Congo, Indonesia, Pakistan, Tanzania, Ethiopia and Kenya.

Kim had said "the fact is that two-thirds of the world’s extreme poor are concentrated in just five countries: India, China, Nigeria, Bangladesh and the Democratic Republic of Congo.

"If you add another five countries, Indonesia, Pakistan, Tanzania, Ethiopia and Kenya, the total grows to 80 per cent of the extreme poor,” he added.