Former minister of finance, Ngozi Okonjo-Iweala, has debunked media reports which alleged that she indicted the Goodluck Jonathan administration for Nigeria’s failure to save for the rainy day. She said that the reports were a distortion of her position.
Okonjo-Iweala was quoted as saying a lack of political will was responsible for the country’s failure to save in the years of plenty, a statement which media houses interpreted as an indictment on Goodluck Jonathan who was the president of the country. The former minister however said Jonathan was not to blame.
“Contrary to the slant given by these loud headlines, Dr Okonjo-Iweala did not indict the Jonathan administration in which she served,” said a statement signed on her behalf by Paul C Nwabuikwu, her media adviser.
According to the statement, Okonjo-Iweala was not blaming the former president Jonathan, but state governors who strongly opposed the Jonathan government’s efforts to save in the Excess Crude Account and the Sovereign Wealth Fund.
Okonjo-Iweala blamed the governors for “sabotaging” the “important national priority”, and even taking the Jonathan government to the Supreme Court in furtherance of their position that the Federal Government had no right to “compel” them to save.
“So the issue of Okonjo-Iweala indicting the Jonathan administration over this very public issue simply does not arise,” the statement concluded.