It was reported that Governor Adams Oshiomhole of Edo State has accused the Minister of Finance and Coordinating Minister of the Economy, Dr. Ngozi Okonjo-Iweala, of mismanaging the nation’s economy in the last four years and feeding Nigerians with half-truths.
Oshiomhole, in an article in which he review the nation’s economy in the last four years, said Okonjo-Iweala ran the Excess Crude Account as a one-man show, adding that her recent outcry that oil marketers were falsifying subsidy claims might have […]
It was gathered that the Minister of Finance, Dr Ngozi Okonjo-Iweala, on Thursday urged members of staff of the ministry to support the incoming administration for the growth of the country.
Okonjo-Iweala said this at the send-off ceremony organised for her and the minister of state for finance at the ministry in Abuja.
She expressed joy over the achievements of President Goodluck Jonathan’s administration.She named some of the achievements to include the creation of 1.4 million jobs, the G-WIN programme, National Mortgage […]
It was gathered that some Nigerians have called on Yale University in the United States to withdraw the Honorary Degree it bestowed on the Minister of Finance and Coordinating Minister for the Economy, Dr. Ngozi Okonjo-Iweala.
Okonjo-Iweala had been awarded Doctor of Humane Letters by the prestigious institution on May 15, 2015.
The institution, while presenting the award to Okonjo-Iweala, had said, “As a minister in your country, you made social and economic reforms your mission. As Nigeria’s coordinating minister of economic […]
Report gathered that the Minister of Finance, Dr Ngozi okonjo-Iweala, said it was strange for the Governors Forum to allege that 20 billion dollars were missing from the Excess Crude Account (ECA).
This was contained in a statement issued by Mr Paul Nwabuikwu, spokesman for the Minister, in Abuja on Tuesday.
The statement said there was no basis for the forum to demand that the minister should account for such money from June 2013 to April 2015.
“The statement by the governors is […]
It was gathered that the Economic and Financial Crimes Commission (EFCC) has arraigned one Obiejogo Raymond Azuka before Justice Muawiyah Baba Idris of the High Court of the Federal Capital Territory sitting in Gwagwalada, Abuja on a six-count charge bordering on forgery.
It was reported that Nigeria’s Finance Minister, Dr Ngozi Okonjo-Iweala has suggested that Rivers state governor, Rotimi Amaechi got a piece of the missing $20billion from the Excess Crude Account (ECA).
Okonjo-Iweala who was reacting to claims by governors that $20bn was missing in the ECA insinuated that if the governors continue to hold on their claim that the money is missing, it means, they shared of the money, which she noted was not missing at all.
In a statement issued by […]
It was gathered that the Nigeria Governors’ Forum on Tuesday demanded explanations from the Minister of Finance and Coordinating Minister of the Economy, Dr. Ngozi Okonjo-Iweala, on $20 billion being accruals for the Excess Crude Account for two years.
This was part of a communique issued at the end of a four-hour meeting which ended in the early hours of Tuesday at the Transcorp Hilton Hotel, Abuja.
The communique was read by the Governor of Rivers State, Rotimi Amaechi, who announced that […]
It was made known that the Federal Government on Wednesday absolved itself of blame in the inability of some state governments to pay their workers’ salaries.
It said the governors of such states should be blamed for the development in their states because they were told through the Federation Accounts Allocation Committee to make the issue of wage a priority.
The Minister of Finance, Dr. Ngozi Okonjo-Iweala, said this in a statement by her Special Adviser on Communications, Paul Nwabuikwu.
The statement was necessitated […]
It was made known that the federal government has borrowed 473 billion naira to meet up with recurrent expenditure including paying of salaries while it is yet to release funds for capital projects.
According to Reuters, Nigeria has already used half the borrowing allowance it has budgeted for and has not released any funds for capital expenditure so far this year, as lower oil prices eat into its revenues, the country’s finance minister said on Tuesday. “We have serious challenges,” Finance […]
It was revealed that the Federal Government has faulted the N200 billion claim by oil marketers as outstanding payment on subsidy.
While briefing newsmen in Abuja on Sunday, the Minister of Finance and Coordinating Minister of the Economy Ngozi Okonjo-Iweala, faulted the claims of the oil marketers and said that they were holding the Nigerians to ransom.
“As you know, we paid N156 billion recently to the marketers; N100 billion being the principle payment we owed them and N56 billion being interest […]
A rare insight was revealed into the past physical challenge of the coordinating minister of the economy and minister of finance, Dr. Ngozi Okonjo-Iweala emerged yesterday when she disclosed that she survived cancer 15 years ago affirming the scare is not the end of life.
Minister of Finance and Coordinating Minister of the Economy, Dr. Ngozi Okonjo-Iweala She spoke at the service of songs for the late Oronto Douglas, special adviser to the president on research and documentation that held in […]