The Minister of Finance, Dr. Ngozi Okonjo-Iweala, has said the country is not broke despite the cash crunch currently being experienced.

She said that with the financial assets the President Goodluck Jonathan administration had been able to build over the years, the nation’s cash flow would improve over time.
In an interview with CNN’s Richard Quest, Okonjo-Iweala said, “Under this administration, we began the work of truly diversifying the economy and the proof of that is that much of the growth in this past few years that has come to the country has come not from the oil sector but actually from non-oil sectors like agriculture, telecommunications, manufacturing and the creative industries.

“The fact that oil prices fell by 50 per cent makes it very difficult in terms of cash flow, but Nigeria is asset rich and that is why when people say the country is broke, I say no. In economic terms, with the kind of assets we have, we should be able to realise some of them to improve our cash flow but it is true that this will be a very difficult year because of the cash crunch.

“However, we need to see this drop in oil prices as an opportunity. I gave a talk on Nigeria beyond oil. I really think with the growth of the country based on non-oil sectors, we ought to see the fall in oil prices as an opportunity to further the diversification that has started under this administration.”

- Punch

This woman and lies are synonymous. It is just as if I have so many property without having a dime in my pocket and in the bank. Am I broke in that situation or not?

Madam "talk anyhow u like" u do well for urself

i dont read post without source op, abi na for bedroom she tell you this one ( r u her husband).

fhranciz:
i dont read post without source op, abi na for bedroom she tell you this one ( r u her husband).

Is CNN not the source? Na WA for you oo

fhranciz:
i dont read post without source op, abi na for bedroom she tell you this one ( r u her husband).

It's CNN na. Or u didn't even read before commenting

MEILYN:
Is CNN not the source? Na WA for you oo

he would have stated it beneath like others, before i read any post in politics section, i always look for the source to avoid fallacy and time wastage

MEILYN:
This woman and lies are synonymous. It is just as if I have so many property without having a dime in my pocket and in the bank. Am I broke in that situation or not?

You are very broke my nigga

abeg madam paper economics we have heard and are now over saturated with ur lies,can u pls try to shutup till ur drunk oga leaves office ?.

The true status of Nigeria account will be known after May 29.

where is d source

phlemzy:
The true status of Nigeria account will be known after May 29.

Gbam!

We aew not broke but we keep on borrowing and borrowing! Women have prooven to be more dangerous than men in this out going dispensation.

Check out Odua,Deziani, okonjo, Ogar. This are female vipers!

Madam, hopefully, by the time you are sent to jail, two months after, those fat cheeks, neck, and lips of your would shrink to a level even your children wouldn't recognise you.

Your economic policies put Nigeria in the very bad situation she finds herself today, but unfortunately, you and your household can't feel its impact because you've already secured your end with stolen funds. Your useless voodoo economics have resulted in the deaths of countless number of kids and pensioners and you would pay dearly for that someday soon.

How come all of a sudden, we are not getting anything from your propaganda publications NOI Polls anymore?? I bet they are no longer useful since your principal lost his election.

Yeye woman.

Oklander:
You are very broke my nigga

Our finance minister just told you I am not.

Kirikiri is not yet full too...

MEILYN:
This woman and lies are synonymous. It is just as if I have so many property without having a dime in my pocket and in the bank. Am I broke in that situation or not?

You are only broke but not poor, forgive the madam she meant to say Nigeria is not poor

Can someone tell me why/how he thinks Nigeria is broke...or are we condemning her just because of hatred (possibly because where she is from)

We are not broke and and she wanted to borrow 2 billion dollars 6 days before election. ###Buhari come and see them me I don't understand this 2 mouth

Scholes007:
Can someone tell me why/how he thinks Nigeria is broke...or a we condemning her for just because hatred (possibly because where she is from)

don't mind those hate-filled bastards.

jemype:
We are not broke and and she wanted to borrow 2 billion dollars 6 days before election. ###Buhari come and see them me I don't understand this 2 mouth

is USA broke? how much do they borrow?

jemype:
We are not broke and and she wanted to borrow 2 billion dollars 6 days before election. ###Buhari come and see them me I don't understand this 2 mouth

is USA broke? how much do they borrow last year?

O

omenka:
Madam, hopefully, by the time you are sent to jail, two months after, those fat cheeks, neck, and lips of your would shrink to a level even your children wouldn't recognise you.

Your economic policies put Nigeria in the very bad situation she finds herself today, but unfortunately, you and your household can't feel its impact because you've already secured your end with stolen funds. Your useless voodoo economics have resulted in the deaths of countless number of kids and pensioners and you would pay dearly for that someday soon.

How come all of a sudden, we are not getting anything from your propaganda publications NOI Polls anymore?? I bet they are no longer useful since your principal lost his election.

Yeye woman.

You mean the economic policies that made Nigeria 's economy the biggest in Africa and being projected to be the first African economy to hit a GDP of $1 trillion?

You should hide your face in shame. People like you who criticise without the simplest idea of the issue on ground are the reasons why Good people don't trade their Integrity for the Nigeria nation.

When you have learned how to manage your home, and your pocket then you can back and tell me how we can manage your life.

Good riddance!