mykel20:
You mean the same Ngozi who cleared our debts with the Paris club? The same Ngozi who Grew the economy to become the largest in Africa? The same Ngozi Who introduced publishing of State allocations every month to increase transparency? The same Ngozi who wanted to remove PMS subsidy but our dumb assess said no, therefore we had to borrow to do it? Maybe we're talking about a different Ngozi. BTW how the hell is she to blame for falling oil prices.

Goldencollins:
Adeosun that harbors Sugar boys all over Abuja is now being compared with our world renowned NOI,seriously the Af....jas needs deliverance.

Alphaoscar:




You forgot to say the same Ngozi who borrowed to pay salary


The same Ngozi who depleted our foreign reserve


The same Ngozi who turned Dasuki to PDP ATM.




http://www.premiumtimesng.com/business/171145-brace-tougher-times-ahead-okonjo-iweala-tells-nigerians.html


http://thenewsnigeria.com.ng/2015/06/okonjo-iweala-warns-nigeria-tough-times-ahead/

mykel20:
When we used all our money on ridiculous subsidies. Why won't we borrow? At least it was working anyway. Borrowing isnt always a bad thing you know. The US is trillions of dollars in debt. Anyway I'm still waiting for Kemi's list of Positive achievements. Concerning Dasukigate, if they had a case against her she would would have been Slapped with charges by now. Look, Ngozi wasn't perfect but she's sure as hell better than this Kemi lady. Ngozi had a vision and a plan and she worked towards achieving at least some of them. But kemi seems to be as clueless I am during an advanced calculus class. The economy is practically in a recession and this lady just sits there spewing more BS for Nigerians to swallow. Don't even get me started bruh! I don't wanna spoil my brand new week

OkoNDOoBo:

Ngozi the vodoo economist.

SHe supervised the depletion of nigeria's foreign reserve. From$47b to $29b during oil boom.
She started borrowing To pay salaries while oil was$74
What will Be the fate of. Nigeria economy now that oil is. Langusihing between $28 to $45 with no maximum production of crude oil

Nigeria's external reserves which fell on Monday to $31.784 billion Thursday further depleted due to leakages in the country's Joint Venture cash calls.

By Michael Eboh The Minister of Finance, Mrs. Kemi Adeosun, Thursday, said the ministry cannot afford to pay the N1.2 billion requested by its workers, while she confirmed that the Federal Government was already borrowing funds to be able to pay the N165 billion a month needed to cover civil service salaries.

Seriki Adinoyi in Jos

The Federal government has again owned up to the crumbling economy of the nation, lamenting that it borrows an average of N600 billion every month to augment payment of workers’ salaries.

“Mr. President, you plan to borrow 33% of the entire budget, or 3.62% of GDP which is higher than the 3% stipulated in the Fiscal Responsibility Act. Your total
debt service is N542 billion (which is higher than your total capital spending on power, roads, health and education put together). Your total recurrent expenditure (including debt service) is N3.023 trillion, meaning that with a revenue of N2.83 trillion, your government plans to borrow money to finance recurrent expenditure even if capital budget is zero.

The Director, Corporate Communications, Central Bank of Nigeria, Mr. Ibrahim Mu’azu, confirmed to our correspondent on Thursday that the three states’ accounts with commercial banks had been credited with the combined sum of N56.2bn.

According to the breakdown, Ogun got N20bn; Oyo, N26.606bn; and Ekiti, N9.6bn.

4Play:

Dishonesty is second nature to Nigerians. NOI was appointed minister in July 2011 when foreign reserves stood at $31.7b -
[url]http://allafrica.com/stories/201107010445.html
[/url]

Nigeria has been borrowing to pay salaries ever since Yar'Adua and GEJ's jumbo pay increases (increasing minimum wage from N5k to N18k without a commensurate increase in FG revenues). Nigeria is still borrowing to pay salary as even your beloved Adeosun admits:


Read more at: http://www.vanguardngr.com/2016/06/fg-borrowing-pay-n165bn-civil-service-salaries-adeosun/

Here is Babachir Lawal in April 2016:


http://www.thisdaylive.com/index.php/2016/04/12/fg-we-borrow-n600-billion-monthly-to-augment-salaries/

In fact, Nigeria's borrowing binge to fund recurrent expenditure predates NOI as this analysis by Atiku in March 2011 points out:


https://newafricanpress.com/2011/01/03/2011-budget-atiku-cries-out-again-nigeria-is-going-broke/

The funny thing is that those expressing outrage about NOI's management of the FG's finances whilst at the same time praising Adeosun's management of Ogun state's finances inconveniently forget that Ogun state, by the time Adeosun was done with its finances, needed the FG to bail it out.

Alphaoscar:





You've already answered some of these questions yourself.


Most of our resources was spent of needless subsidies under Ngozi which is not the case presently.


As for Dansukigate , was Ngozi not the finance minister that time ? she's in prime position to know how every kobo under her care is spent including the undeclared NNPC funds ( no matter how little the amount is ) which lead to the unceremonious sack of Sanusi.



I am never a fan of Kemi for reasons best known to me but trust me Ngozi will not be able to do much under the present circumstances. None of this people are magician.

mykel20:
I love that you pointed out that you ain't a kemi fan. But you'd agree with me that Ngozi and Kemi are not on the same level. Ngozi is light miles ahead. tbh

Bolustic:
Same middle level accountant who worked so hard to improve the IGR earning of Ogun state. Ogun is now 4th ranked highest revenue generating state despite not having oil.

Some people are still pained over the election loss.

ShootToKill:
We all know there is nothing in her empty yoruba skull. She is just there to fill in space.

Alphaoscar:






On paper value your assertion may be true but at time that can be deceptive. The most learned and most exposed may end up unfit and a disaster to the system where a so-called average will end getting the job done.



The main Koko is the result .

AroOkigbo:
To the Afonja's, she is in same class as Madam Ngozi Okonjo Iweala.
smh

mykel20:
I hope you're enjoying your "election win". The country has never been in better shape right? In fact kemi should be given a Nobel prize

ShootToKill:
We all know there is nothing in her empty yoruba skull. She is just there to fill in space.

Bitterleafsoup:
The person that kept you from suffering the past decade.

MalcoImX:
You mean the most unpatriotic minister in the history of Nigeria, who got a fool in GEJ and was demanding her salary be paid in dollars. Nigeria was destroyed during her time.

seunmsg:
She actually made her mark in the UK while working with PWC, one of the biggest accounting firm in the world.

seunmsg:


She actually made her mark in the UK while working with PWC, one of the biggest accounting firm in the world.

Bitterleafsoup:
She was sacked after two years stop spreading falsehoods. How do you make an impact jumping from job to job. Check her record before you brag on some bullish....