ABUJA — The Coordinating Minister for the Economy and Minister of Finance, Dr. Ngozi Okonjo-Iweala, said yesterday that despite the economic challenges the country is facing, the Jonathan administration is leaving some solid economic legacies for the incoming Buhari government.
Insisting that “the allegations that the economy is in ruins are absolutely untrue,” the minister warned those she claimed were running the economy down for political gains, saying there could be unintended consequences of loss of investor confidence in the Nigerian economy.
*Finance Minister, Ngozi-Okonjo-Iweala
*Finance Minister, Ngozi-Okonjo-Iweala
According to her, “we cannot take away the fact that the Jonathan administration, in spite of the challenges caused by 50 per cent decline in the price of oil, has made a clear and measurable difference in many important areas and anyone who says nothing has been done and nothing is being left behind is being very unfair to facts and to history.
“Attempts to rewrite history will not stand. You cannot just wipe the slate clean for political reasons. We are not perfect but no one can take away the fact that we are leaving some good legacies behind.”
Sweeping, negative statements not in nation’s interest
The minister also advised politicians and opinion leaders not to talk down the economy because negative and unfactual comments on the economy can have negative impact on the economy, the exchange rate and the stock market and reduce investor confidence. Her words: “These negative and unsubstantiated comments are not wise because they can lead to what we do not want for the economy.
“There is nothing wrong with factual assessments of the economy. I have always told Nigerians the truth about the economy. But sweeping and negative statements are not in the interest of the country. The statements being made by some personalities about the economy collapsing are not only incorrect they are also potentially dangerous.
Sectors that witnessedgreat revolution
She identified the agricultural sector which has seen the rise in food production with attendant positive effect on food prices as one major legacy of the Jonathan government. She then listed other sectors that witnessed great revolution which include “the National Industrial Revolution scheme and the Automotive Policy whose implementation has led to the opening of factories for car manufacturing and assembly for the first time in the country.
“The impressive rise in the cement production due to positive government policies. Nigeria is now a net exporter of cement “The creation of about 1.4 million jobs a year out of the 1.8m needed. “Various job creation and job enhancement schemes such as Youwin which has seen the creation of over 27,000 jobs by young entrepreneurs sponsored and trained by government for other youths; the Graduate Internship Scheme.
“The creation of the NMRC which is helping to create a mortgage market and is helping to provide affordable housing for Nigerians. “The recently launched Development Bank of Nigeria which will help to achieve strong growth of small businesses by providing SMEs, for the first time in recent memory, affordable interest loans of up to 10 years.
“The support for the creative industries which has helped to strengthen the capacity of script writers, producers, directors and other professionals in the motion picture industry and led, in turn, to the production of higher quality films, and creation of more jobs.”
source here

senseles woman

The only legacy that you are leaving behind is massive poverty, high level of corruption, the selling of Nigeria's assets to your criminal minded friends & political associate & the milking of NNPC.

Ode...

Yeah, we can only get better

Yea to the extent that you are borrowing to pay salaries, State do not have funds for salaries, debts all over the place and very little developmental projects to show for all the looted funds.

Am glad that this pathetic economist was not perpetuated. Her incompetence is one of the major reason Jonathan is heading back to his Zoo Practice.

i think she ment solid wahala

Sure woman,

The negative posters above me can't boast of any member of their family half as intelligent as iweala,yet they chose to type senselessly with their kwashiorkor fingers .

[s]

mrborntodoit:
Sure woman,

The negative posters above me can't boast of any member of their family half as intelligent as iweala,yet they chose to type senselessly with their kwashiorkor fingers .

[/s]

Mediocrity has infected you. Tufiakwa.

mrborntodoit:
Sure woman,

The negative posters above me can't boast of any member of their family half as intelligent as iweala,yet they chose to type senselessly with their kwashiorkor fingers .

did u just call her intelligent,maybe to ur family, she is dullar than me. World bank MD for mouth. Two of u,should hide una face for shame

A legacy not built around TRUE FEDERALISM wont last long


Ndigbo , follow Peter Obi economic model.

egift:
[s][/s]

Mediocrity has infected you. Tufiakwa.

It is the same eyes with which Jonathan saw her. he felt totally inferior to her because she schooled in Harvard and worked with the World Bank (abi na IMF sef), when in reality, he might even be a better economist than her. He accepted every single suggestion she made without question and ended up ruining his administration. Now they are leaving a pile of dirt, stacked up to the height of the Empire State building all over the country for Buhari to clear. Despite all that, she still has the nerve to say these things.

What a shame.

These woman is hilarious

E be like say this woman dey take origin.

UAE123:
The only legacy that you are leaving behind is massive poverty, high level of corruption, the selling of Nigeria's assets to your criminal minded friends & political associate & the milking of NNPC.

please let me repeat what you posted cos there is nothing more to say

egift:
[s][/s]

Mediocrity has infected you. Tufiakwa.

Which of your family member worked in world bank? Are you more intelligent than the world bank? You are just just as dumb as a billy goat

Jesusloveyou:
did u just call her intelligent,maybe to ur family, she is dullar than me. World bank MD for mouth. Two of u,should hide una face for shame

You are full of sh.it, and so is your family

Nonsense! You and your cohorts will serve jail terms for your criminal legacy of lootocracy.

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