Ngozi Okonjo-Iweala, former minister of finance, has been appointed into a high level group on governance of the Commonwealth secretariat.Ben Maloney, communications officer, Commonwealth secretariat, said in a statement that the high level group would make recommendations on governance of the Commonwealth secretariat.The Commonwealth, however, denied that the group was constituted to secretly begin considering who might succeed the Queen [...]
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Reno Omokri, former aide of ex-President Goodluck Jonathan, says Abdulaziz Yari, governor of Zamfara, has vindicated his principal and Ngozi Okonjo-Iweala with his comments on withdrawals from the excess crude account.Governors recently approved the withdrawal of $1 billion from the excess crude account to fund the fight against Boko Haram.This generated reactions from various quarters and Yari, in defence of [...]
On Saturday, Rotimi Amaechi, minister of transportation, said former President Goodluck Jonathan could not account for the $65 billion left in the excess crude account account by President Olusegun Obasanjo."When Obasanjo was leaving, he left about 65 billion dollars in the excess crude account, but this money was frittered away and we wonder where the money is," he said."As at then, [...]
No doubt, former vice-president Atiku Abubakar has kicked-off his 2019 presidential campaign, and the Nigerian youth is his prime target.His latest release is another testament to that.Last week, Nigerian comedian Francis Agoda, better known as IGoDye had written a damning letter to the former vice-president, querying his days in office as the nation's number two citizen.Abubakar has penned a reply [...]
Ngozi Okonjo-Iweala, chair, board of Global Alliance for Vaccine and Immunisation (GAVI), says she almost lost her son to typhoid after her cousin died of the same disease.Okonjo-Iweala, who was Nigeria's first female finance minister, shared her personal experience in Vientiane, Laos, while announcing a new funding for typhoid conjugate vaccines."Typhoid fever imposes a dramatic burden on children in the [...]
The African Development Bank has launched the presidential youth advisory group (PYAG) to provide insights and solutions for job creation for youths in Africa.The advisory group was inaugurated on Monday on the sidelines of the 6th EU-Africa Business Forum in Abidjan.In an interview with CNBC Africa on Tuesday, Akin Adesina, president of the bank, said it was a way to [...]
The National Industrial Court (NIC) has ordered the immediate reinstatement of Yushau Shuaib, former spokesperson of the National Emergency Management Agency (NEMA). Shuaib was retired from service under controversial circumstances in 2013.His retirement was reportedly linked to an opinion article he wrote on Ngozi Okonjo-Iweala, former minister of finance.In the piece, he criticised her over alleged lopsided appointments into the civil [...]
Ngozi Okonjo-Iweala, chairman of the Global Alliance for Vaccine and Immunization (GAVI), says corrupt people use non-governmental organisations (NGOs) as cover to get a clean bill of health on transparency.The economist, who is Nigeria's former minister of finance, made this statement while speaking on a panel at the annual meeting of the International Monetary Fund (IMF) and World Bank in [...]
I love Serah Makka-Ugbabe. She’s the woman who heads ONE Campaign in Nigeria as the country director. She has extended role for Africa. The first time we met a little over five years ago our chemistry kicked in. She has a good education and reputation—a degree in Economics and International Relations from the University of North Florida and a Masters [...]
Chiedu Osakwe, director-general of the Nigeria office for trade negotiations, says the agency will embark on a review of all trade and investment agreements entered into with countries and entities since 1960.In an interview with BusinessDay, Osakwe said the aim of the review is to update and modernise such agreements."The review focuses on all our trade and investment agreements from [...]
BY UWA EGHOMEKAIn January of this year, there was a lot of talk about the ghost workers syndrome in the country with some very heavy, almost depressing, figures reeled out detailing how much the government had lost paying salaries to phantom employees.Naturally, after a while, the stories died down and everything returned to 'normal'. Then, recently, it was all over the [...]
Ngozi Okonjo-Iweala, former minister of finance and the chairperson of Gavi board, says education is the strongest antidote and vaccine against poverty.Okonjo-Iweala, via a write-up on challenging Africa to achieving sustainbale development goals said "Vaccinations of 1.6 million children are halting an outbreak of measles in Cambodia"."In drought-stricken Somalia, 450,000 people are being immunized against the spread of deadly cholera. [...]
Ngozi Okonju-Iweala, former minster of finance, has revealed how she had strong optimism in Nigeria when she was a teenager.The former managing director of the World Bank said the prospects of the country seemed good at that time because the people were united."When I was 18, the world seemed open, prospects from my country seemed good; we had come out [...]
Ngozi Okonjo-Iweala, chair of Gavi, the Vaccine Alliance, says finance ministers often fail to see vaccines as investments with high returns.In her intervention for the World Economic Forum, Okonjo-Iweala argued that "the first step to Africa’s prosperity – saving children’s lives".She said for every $1 spent on vaccinating children, the world stands to gain as much as $44.HER FULL INTERVENTION: For Africa, [...]
Peter Obi, former governor of Anambra state, says Nigerian governors under the Goodluck Jonathan administration refused to save for a rainy day.Obi said Ngozi Okonjo-Iweala, former minister of finance, and Muhammad Sanusi II, former governor of the Central Bank of Nigeria (CBN), begged the federal government to build its savings but the governors kicked against the idea.Speaking on CNBC Africa, Obi said [...]
Ngozi Okonjo-Iweala, two-time minister of finance in Nigeria, says Donald Trump will give Africa the chance to shape its own destiny.Speaking in an interview with BBC on the sidelines of the World Economic Forum (WEF) in Davos, Switzerland, Okonjo-Iweala said Africa may not be priority for the Trump presidency, but there is no need to despair."There are two schools of [...]
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