all4naija: He has ever been richer than Nigeria foreign reserve. He is even richer than US foreign reserve and so does Nigeria. I don't know what you are trying to prove with that statement.

jt2010:

You want manufacture your own fact abi... She said $45b Foreign Reserve and $22b ECA total $67B.

“He knows that they are distorting the point of my article by using their ‘straw number’ of $67b which I did not use in my speech. My speech stated $45b Foreign Reserve and $22b ECA and he more than anyone knows that Excess Crude Account is a sub-set of Foreign Reserve!”

hercules07:

The total still stands at 67 billion sha, anyway, we need to look at why our "reserves" are this low during this boom period.

princemaicheal:
What is sub-set?

Gennyz: Jonathan is not helping our economy,pls let vote him out come 2015.Imagine him buyin more private jets making us have 11 private jets while England doesnt even have one,our 2013 has a budget 1.4 billion for chopper.People had to protest for them to start earnin 18,000 minimum wage,feeding for Jonathan na 1.4billion wetin dis man dey eat,na "Manna frm Heaven"[b][/b]

sol2galay:


Ngozi get sense na,she doesn't want to disgrace herself

Symphony007: I don't just know what this woman's problem is..she is just setting herself up for a monumental embarrasment of her currently respected image. She is going around saying all these things and non of her former cabinet ministers like ninadi usman who was the former finance minister or charles soludo are supporting her or producing facts. If this government takes her on squarely and she is left dangling with no support or proof, she's gonna be sorry!!

Omo_Tier1:
Your stupidity does not make you realise that your GCSE set theory you keep banging on about does not really applying the case of the ECA To buttress my point, when CBN release update of the latest Foreign Reserves, is ECA included in the amount they often quote? Is the ECA and Foreign Reserve not stated differently? I really wonder the kind of human being some of you are! God gave us all brains but some of you barely use yours to think rightly if at all

Omo_Tier1:
Sorry, you need to go back and understand what ECA really is and how it was created by Obasanjo then you would stop this your nonsense rants. Just use your head simply... If your claims are to be true, then deducting the $22bn from $45bn will mean the nation had foreign reserves of $23bn. Now go back to CBN website, or just google it and find out if prior to Obasanjo's handover Nigeria's foreign reserves was ever that low as $23bn. So where lies you nonsensical rants?

Napoleondegreat:


Ninconpump! Foreign reserve is not the same thing as forex reserve

Omo_Tier1:
Does it matter when the governors began their clamour? Or do you think we are all blind folded by the accord struck between GEJ and His gang of looters in PDP? Dude, unless you are a criminal, stop trying to defend those who have blood on their hands ..

If your rant is not silly, why hasn't the FG released the breakdown of how the account was drawn down and what each state governor got? Wouldn't that be the sensible thing to do so that everyone will see those who are stained by this monumental looting

Omo_Tier1:
Your stupidity does not make you realise that your GCSE set theory you keep banging on about does not really applying the case of the ECA To buttress my point, when CBN release update of the latest Foreign Reserves, is ECA included in the amount they often quote? Is the ECA and Foreign Reserve not stated differently? I really wonder the kind of human being some of you are! God gave us all brains but some of you barely use yours to think rightly if at all

obi2012: he is not richer than US foreign reserve o.. US foreign reserve is $149 billion, Carlos Slim is worth half of that

Source:
http://www.gfmag.com/tools/global-database/economic-data/11859-international-reserves-by-country.html#axzz2N0p9yv5a

mikeapollo:

Dont mind this attention-seeking woman. She was the head of the so-called 'Due Process Office' under Obasanjo when over $16Billion was spent on power projects with nothing to show for it. Some of the money was even paid to fictitious and non-existing companies.

She belongs to the Obasanjo camp....together with Fani-Kayode, Soludo, El-Rufai and Ribadu etc. They are making noise to seek attention because they are no longer favoured by the government.

During the power-probe, she rushed down from US to come and defend Obasanjo.

A few weeks ago, she was at a PDP event to celebrate Obasanjo, and she was eulogising Obasanjo to high heavens, despite all the corruption in his govt.

I am not a fan of GEJ or PDP, but I dont like hypocrites. When they were in govt, they were telling us that all was well....but all of a sudden, they have turned into 'emergency activists' because they are out of favour. HYPOCRITES!

Any good follower of International Economics knows that Nigeria was able to save much because the price of Oil went to as high as $140/barrel during the economic boom of 2003-2007. It is common sense that the external reserves would be negatively affected when the price of oil fell to below $40/barrel for about 2 years.

Ezekwesili will be embarrased if Okonjo-Iweala comes out to debunk her claims.....afterall, Okonjo was the Finance Minister and the person who allegedly helped her to get the WB job, and invariably her senior too

The FG should ignore her. She cant even face Sanusi

badesco:

It seems you are a GEJ apologist, so am not surprise about your assertion here. this woman has been in the Government before so she knows what she is talking about and if FG does not have any skeleton in its cupboard why dont FG accept her invitation to a public debate.

princemaicheal:
What is sub-set?