Browsing: Dr. Ngozi Okonjo-Iwealal

One of the counts reads: “That you Obiejogo Raymond Azuka on or about the 11th day of August 2014 at Abuja within the jurisdiction of the High Court of the Federal Capital Territory, intentionally induced the Tertiary Education Trust Fund (TETFUND) to employ you as Account Officer II by presenting a forged reference letter titled “Reference on Obiejogo Raymond Azuka” purportedly made by the Honourable Minister of Finance, Dr. Ngozi Okonjo-Iweala recommending you as a worthy officer fit for employment and which act caused harm to the reputation of the Tertiary Education Trust Fund (TETFUND) and that you thereby committed an offence contrary to Section 320(b) and punishable under section 322 of the Penal Code CAP 532 LFN,1990

First, Imam Bello’s argument that Okonjo-Iweala is responsible for the current economic crisis is ridiculous and begs the facts. His simplistic argument portrays him as an economic illiterate on a mission to misinform Nigerians. The reality of the crisis is that oil prices have fallen by at least 50% and we do not have enough savings to draw on simply because some State Governors and the National Assembly against the advice of Okonjo-Iweala and even went to the Supreme Court to stop the Federal Government from saving in the Excess Crude Account. This is public knowledge and the fact that Imam Bello’s “analysis” does not include this vital information is very instructive

Now, Nigeria is a classic example of this Africa Rising phenomenon, and perhaps one of its most successful stories. The return to democratic rule at the turn of the millennium brought with it better macroeconomic management and a series of reforms that unleashed economic growth, with GDP growing at an average 7 percent per annum over the last decade driven by the strong growth in the non-oil sector, particularly telecommunications, manufacturing, construction, wholesale and retail, to name a few