Wednesday, September 19, 2018

Tag "ngozi okonjo-iweala"

    Okonjo-Iweala: Dasuki asked for $322m ‘Abacha loot’ to be spent on military operations

Okonjo-Iweala: Dasuki asked for $322m ‘Abacha loot’ to be spent on military operations

Ngozi Okonjo-Iweala, former minister of finance, has explained her role in the alleged fake arms deal, for which  Adams Oshiomhole, governor of Edo state, has called for her probe.In a statement issued on her behalf by Paul Nwabuikwu, her spokesman, Okonjo-Iweala described Oshiomhole’s allegation as “falsehood”, alleging that he was conniving with “powerful and corrupt interests” to tarnish her reputation.She [...]

1 comment Read Full Article
    Oshiomhole asks Buhari to probe Okonjo-Iweala

Oshiomhole asks Buhari to probe Okonjo-Iweala

Adams Oshiomhole, ‎governor of Edo state, has called on the federal government to probeNgozi Okonjo-Iweala, former minister of finance and coordinating minister for the economy, over the role she played in the alleged phantom arms deal.Addressing state house correspondents after a closed-door meeting with President Muhammadu Buhari on Wednesday, Oshiomhole said the former minister could not claim ignorance over the deal.“As [...]

0 comment Read Full Article
    Okonjo-Iweala: SERAP ‘a tool for corrupt vested interests’

Okonjo-Iweala: SERAP ‘a tool for corrupt vested interests’

Ngozi Okonjo-Iweala, former minister of finance and co-coordinating minister for the economy, has described the Socio-Economic Rights and Accountability Project, (SERAP) as “a tool of corrupt politicians”.Reacting to the organisation’s demand of her probe over the management of the loot of Sani Abacha, former military ruler, Okonjo-Iweala said SERAP was hiding under the umbrella of civil society to perpetrate mischief.The [...]

0 comment Read Full Article
    Jonathan: NOI’s role in my govt got her the new jobs

Jonathan: NOI’s role in my govt got her the new jobs

Former president, Goodluck Jonathan has congratulated Ngozi Okonjo-Iweala, who served as his coordinating minister of economy, over her recent appointments.Okonjo-Iweala was recently named as a senior adviser in Lazard, a United States Investment bank, and GAVI, also an international organisation.Commenting on the appointments, Jonathan said the role she played in his government must have influenced the appointments.He credited Okonjo-Iweala for the [...]

0 comment Read Full Article
    Okonjo-Iweala: I’m back on my toes

Okonjo-Iweala: I’m back on my toes

Ngozi Okonjo-Iweala, former minister of finance, who just got two international jobs, says she is back on her toes.Okonjo-Iweala said having spent greater part of her career in the public sector, she is excited to have an opportunity in the private sector.She explained that her decision to accept both offers was in order to give back to the society, extending [...]

0 comment Read Full Article
    Okonjo-Iweala gets two international jobs

Okonjo-Iweala gets two international jobs

Ngozi Okonjo-Iweala, for minister of finance, has been appointed as a senior adviser of Lazard, an international financial advisory and investment bank.The former minister is expected to advise countries on structuring their finances and dealing with debt issues.Matthieu Pigasse, a sovereign advisory at Lazard, described Okonjo-Iweala as an asset to the organisation.“We are proud to welcome Dr. Okonjo-Iweala as a senior [...]

4 comments Read Full Article
    Okonjo-Iweala: I didn’t divert $600m rail funds

Okonjo-Iweala: I didn’t divert $600m rail funds

Ngozi Okonjo-Iweala, former minister of finance, says the campaign of calumny against her by certain "political elements" will fail.Okonjo-Iweala was reacting to an allegation that part of $1billion-Chinese loan reportedly domiciled in the ministry she headed, and meant for the Kano-Lagos rail project were diverted to other projects.Speaking through Paul Nwabuikwu, her media adviser, on Sunday, the former minister explained [...]

1 comment Read Full Article
    Oshiomhole will fail in his campaign of falsehood against me, says Okonjo-Iweala

Oshiomhole will fail in his campaign of falsehood against me, says Okonjo-Iweala

Ngozi Okonjo-Iweala, Nigeria’s former minister of finance, says she is confident that Adams Oshiomhole, governor of Edo state, will fail in the latest in his "public campaign of falsehood" against her.Reacting to the allegation that she spent $1 billion on the re-election bid of former president, Goodluck Jonathan, Okonjo-Iweala said Oshiomhole has become steeped in campaign of falsehood against her.She described [...]

6 comments Read Full Article
    Oshiomhole: Okonjo-Iweala playing with statistics over excess crude spending

Oshiomhole: Okonjo-Iweala playing with statistics over excess crude spending

Adams Oshiomhole, governor of Edo state, has defended the allegation he made against Ngozi Okonjo-Iweala, former minister of finance, saying she is good at playing with statistics.Oshiomhole had alleged that the former minister spent $2.1bn from the excess crude account (ECA) without authorisation, an allegation that Okonjo-Iweala denied and described as “false, malicious and totally without foundation”.But speaking on Wednesday, [...]

0 comment Read Full Article
    Okonjo-Iweala: I’d consider freedom before another job

Okonjo-Iweala: I’d consider freedom before another job

One week after handing over, Ngozi Okonjo-Iweala, the immediate past minister of finance, has warned whoever would take over from her to brace up for challenges.Okonjo-Iweala advised the new government to entrust the economy into the hands of experts in order to weather the storm of plunging oil revenues.She said she has had many offers since she left office but [...]

0 comment Read Full Article
    Okonjo-Iweala: Governors have no excuse not to pay salaries

Okonjo-Iweala: Governors have no excuse not to pay salaries

Ngozi Okonjo-Iweala, outgoing minister of education and coordinating minister of the economy, says the allocations that state governors received from the federal government in the last four years is capable of taking care of their responsibilities, including payment of salaries.A total of 18 governors have been unable to pay civil servants, citing the deduction in allocation based on dwindling oil [...]

0 comment Read Full Article
    Govs ask Okonjo-Iweala to account for $20bn

Govs ask Okonjo-Iweala to account for $20bn

The Nigeria governors’ forum (NGF) wants Ngozi Okonjo-Iweala, minister of finance and coordinating minister of the economy, to account for $20 billion being accruals of the excess crude account (ECA) from May 2013 till April 2015.Rotimi Amaechi,  chairman of NGF, made the demand at the end of a four-hour meeting that held at the Transcorp Hilton Hotel, Abuja.“In the light of [...]

0 comment Read Full Article
    Okonjo-Iweala: Forecast oil prices at your own risk

Okonjo-Iweala: Forecast oil prices at your own risk

Ngozi Okonjo-Iweala, minister of finance and coordinating minister of the economy, has warned that oil prices are likely to stay low for a long time after falling more than 40 percent in the past year.Brent crude has fallen about 42 percent over the past year. Although it has increased 11 percent so far this year and is currently at around [...]

2 comments Read Full Article
    Nigeria to borrow $2billion from World Bank

Nigeria to borrow $2billion from World Bank

The federal government has taken steps to secure a $2 billion loan from the World Bank and the African Development Bank (AfDB) to assist in the implementation of its policies and programmes for the year.This was announced by Ngozi Okonjo-Iweala, coordinating minister for the economy and minister of finance, in an interactive session with journalists in Abuja.According to Okonjo-Iweala, the loan [...]

2 comments Read Full Article
    Okonjo-Iweala: We will meet SERAP in court

Okonjo-Iweala: We will meet SERAP in court

Ngozi Okonjo-Iweala, minister of finance and coordinating minister of the economy, says she is ready to face advocacy group, Socio-Economic Rights and Accountability Project (SERAP), in court over alleged missing N30 trillion.SERAP had filed a suit against Okonjo-Iweala at a federal high court in Lagos, challenging her to account for the missing money – an allegation levelled by Chukwuma Soludo, former governor of [...]

0 comment Read Full Article
    Okonjo-Iweala sure fuel queues would end ‘very soon’

Okonjo-Iweala sure fuel queues would end ‘very soon’

Ngozi Okonjo-Iweala, coordinating minister of the economy and minister of finance, has assured Nigerians that the present scarcity of petrol will end soon.In a statement on Tuesday, the minister expressed the deep concern of the government about the fuel queues in Lagos, Abuja, and many other states of the federation.“As Nigerians can attest, the petroleum ministry and NNPC have worked very hard to reduce [...]

0 comment Read Full Article
Advertisement

 

Advertisement

Advertisement

Exchange Rates

September 18, 2018USDGBPEUR
INTERBANK360.45480.18420.32
LAGOS360485425
KANO361483423
PH362482423
ABUJA362481423
NOTE: The black market rates represent the most prevalent. They could be slightly higher or lower among different sellers.
Advertisement
Advertisement
Advertisement