The Secretary General of African Iron and Steel Development, Dr. Mohammed Sanusi has accused erstwhile Minister of Finance and Coordinating Minister of the Economy in the President GoodLuck Jonathan administration, Dr. Okonjo Iweala of conniving with the World Bank and the International Monetary Fund (IMF) to write a phoney audit report on the Ajaokuta Steel Company.

He said the report, which adjudged the company as lacking in prospects was to serve the interest of powerful nations, especially the West, who markets their iron and Steel in Nigeria and other African countries.

Speaking with DAILY POST in Abuja on Tuesday, the Scribe lamented that it was the fourth time international finance organisations would capitalize on corrupt tendencies of Nigeria government officials, who were always ready to compromise and write-off Ajaokuta Iron and Steel Company, despite its huge prospects of being Nigeria’s biggest revenue earnings and employer of labour.

“There was a lot of sabotage going on and I have four different report which were initiated by World Bank against Ajaokuta Steel Company”, Sanusi said.

He added: “another group, which has links with World Bank and IMF were invited from Britain by Bureau of Public Enterprises; they came and condemned Ajaokuta, and when we the stakeholders pointed out their mistakes, they left and never came back to Nigeria up till date”.

Dr. Sanusi also recalled that he faulted the power point presentation of another group, which were brought in by the former Minister of Finance, Dr Okonjo Iweala known as “Nigeria Infrastructure Advisory Facilities”.

“There is another one the former Minister of Finance, Dr. Okonjo Iweala brought in called Nigeria Infrastructure Advisory Facilities and after two weeks tour of our steel Facilities, they assembled some officials of the National Planning Commission, Ministry of Finance and Solid minerals and other stakeholders; before you knew it, they reported that their head team had travelled back to Canada”, he added.

Sanusi who admitted that the Minister of Solid Minerals, Dr. Kayode Fayemi was in touch with the Iron and Steel Association, commended President Buhari administration for his concerted effort at revamping the Ajaokuta Iron and Steel steel.

He advised Buhari to personally pay a visit to the steel industry for what he called a first hand information, noting that it would help his decision rather than waiting to be briefed.

“It is not enough that Mr President should be briefed by anybody. I advise him to pay a visit personally with some of his cabinet members so that when he is taking a decision, it is based on facts rather than waiting to be briefed”, Sanusi maintained.

lalasticlala

http://dailypost.ng/2016/01/05/okonjo-iweala-connived-with-world-bank-imf-to-write-off-ajaokuta-steel-company-dr-sanusi/

Abeg, Efcc catch am na bush meat!

Ngozi is an IMF puppet.

you see this puff puff woman ba?

I still don't know why they haven't arrested that con of a woman.

Okonjo Again?

It's good that we finally got rid of that woman and GEJ last year. She almost killed the country with her over reliance on IMF/world bank for all major economic decisions. She was more interested in dancing to the tunes of the imperialist IMF/world bank than protecting the interest of Nigeria.

Jonathan sef

Buhari's democracy:
Arrest PDP publicity sec
Arraign former PDP chairman
Rubbish the brilliant NOI
Do all of this on the same day.


#TheOneChanceBus.

Something should really be done about Ajaokuta steel complex

Na I don't doubt that IMF and world bank are terrible set of organization

ghen,ghen

am sorry but not so sorry to say this but Okonjo Iweala is a disgrace and an over-rated puff brain.

OsusuMustFlow:

Speaking with DAILY POST in Abuja on Tuesday, the Scribe lamented that it was the fourth time international finance organisations would capitalize on corrupt tendencies of Nigeria government officials, who were always ready to compromise and write-off Ajaokuta Iron and Steel Company, despite its huge prospects of being Nigeria’s biggest revenue earnings and employer of labour.

If Nigeria is to get on the path of industrialization, it will begin with Ajaokuta steel company. That is why these countries are against it. NOI always wanted the World Bank presidency and I'm not surprised she was willing to pay anything to get it just like her boss was ready to bankrupt Nigeria and ignore boko haram so he could win the election

Chai!

.

Hmmmm
So who is going to probe her now when her levels don change. Its better sold jare than being managed by the govt cos they will only end up pumping billions into it and no results to show for it at the end of it all just like our refineries

We are coming for this puff-puff

Ok

Economic Sabotage is far worse than Armed Robbery.

Ngozi again

I knew it! I knew that 50Naira puff-puff faced ugly pumpkin-headed woman is never up to no good.

She came from the World Bank with the discredited & outmoded theories of the Bretton Woods institutions that have consistently failed every nation where these theories were applied.

She was not even satisfied with being the finance minister, she added a nebulous title called “Coordinating Minister of The Economy” effectively taking over the duties of the president and especially the constitutional duties of the vice president, as well as putting her hands into the affairs of virtually every federal ministry.

No one would have cared if there was good performance. But the tenure of Okonjo – Iweala has seen the greatest plundering of Nigeria’s assets and resources.

Her period as finance minister will be remembered as the worst in the history of Nigeria.

Ogun Laakaye Oshimale shall bath with the blood of every agent of IMF,World Bank & America covertly working against the interest of Nigeria - including their supporters! (Ashee).

sipping my alomo

I knew right from time that she is an agent sent in to frustrate government attempt to resuscitate Ajaokuta steel company.

Our government shouldn't make the mistake of engaging either ex staff or staff of World Bank/IMF. They're always on a mission to carry out the agenda of their pay master.


I don't blame her though because I am yet to see any government that is genuinely committed to reviving Ajaokuta Steel Company. Lack of political will has been the major hiccups. Again, location of the steel company is also a key factor. Had it been the steel company is located in the core northern state or western state by now it would have become functional (to a reasonable extent).

Hehehe ...the same IMF whose president came calling today? #NigeriansJustWantEntertainment

Wolves forming good woman

God pass all of them.

Na wa o

maybe that's how they also did Delta steel company Aladja ..it hasn't be functional for up to 4years and many staffs don die finish upon d pension and salary they are owning them..God help us in this country .!

Okonjo tried her best to realign Nigeria with China which caused the US and the West to antagonize Jonathan's government

Jonathan's government even to the point of trying to change from US Dollar reserve to Chinese Yuan reserve

So how come this stupid " West Theory "



Signed

Scots Referendum

United Nations Referendum

Now Kogi has got a reputable hand to speak.... Ajaokuta will start work soon just like the Kaduna refinery..... MaShaAllah

H

This is a course worthy of creating hashtags for. Something like #BringbackourAjaokutaSteelCompany.

I read up there that it has huge potentials of even becoming the major revenue source for the country. It's time our youths started getting their priorities right and leave the Celebrity gossip, at least for a while.