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Here is the result of the poll organized by the VOICE OF NIGERIA:
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Equatorial Guinea 1 - 7 South Africa |
THE SCHOOL CALLED MARRIAGE Marriage is the only school where you get the Certificate before you start. It's also a school where you will never graduate. It's a school without a break or a free period. It's a school where no one is allowed to drop out. It's a school you will have to attend every day of your life. It's a school where there is no sick leave or holidays. It's a school founded by God: 1.On the foundation of love. 2.The walls are made out of trust. 3.The door made out of acceptance. 4.The windows made out of understanding 5.The furniture made out of blessings 6.The roof made out of faith. Be reminded that you are just a student not the principal. God is the only Principal. Even in times of storms, don't be unwise and run outside. Keep in mind that, this school is the safest place to be. Never go to sleep before completing your assignments for the day. Never forget the C-word...Communicate. Communicate with your classmate and with the Principal. If you find out something in your classmate (spouse) that you do not appreciate, Remember your classmate is also just a student not a graduate, God is not finished with him/her yet. So take it as a challenge and work on it together. Do not forget to study the Holy Book (the main textbook of this school). Start each day with a sacred assembly and end it the same way. Sometimes you will feel like not attending classes, yet you have to. When tempted to quit find courage and continue. Some tests and exams may be tough but remember, the Principal knows how much you can bear and yet it's a school better than any other. It's one of the best schools on earth; joy, peace, and happiness accompany each lesson of the day. Different subjects are offered in this school, yet love is the major subject. After all the years of theorizing about it, now you have a chance to practice it. To be loved is a good thing, but to love is the greatest privilege of them all. Marriage is a place of love, so love your spouse. More grace from God. |
Mancity line up.
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The campaign for Texas to secede from the union, dubbed Texit, surged after Thursday’s vote in Great Britain to leave the European Union. The Texas Nationalist Movement saw its support jump on social media and on its petition following the success of the British vote, known as Brexit. “So, can we #TEXIT now?” asked Michelle Ray, who posts on Twitter as @GaltsGirl. The TNM called Thursday for Texas Gov. Greg Abbott to “support a similar vote for Texans” in the aftermath of the British decision. “It is past time that the people of Texas had their say on our continued relationship with the Union and its sprawling Federal bureaucracy,” said TNM president Daniel Miller in a statement. Source: http://www.washingtontimes.com/news/2016/jun/24/after-brexit-support-soars-texas-secession-push/ |
B-Bayern A-Atletico R-Real Madrid C-City A-All in the semis |
femi4:O yes...missed at least 2 goals so far. I hope for a better performance in the second half. |
43' Asisat misses another chance to double Nigeria's lead. |
Nigeria 1 - Senegal 0 - ---- 36 minutes played FYI, Nigeria missed a penalty in the 30th minute. |
TruthisGOD:Setting the record straight : Dr. Ogbonnaya Onu was born on December 1, 1951, to the family of His Royal Highness, Late Eze David Aba Onu, Eze Adu of Uburu in Ohaozara Local Government Area of Ebonyi State in Nigeria. Source: https://en.wikipedia.org/wiki/Ogbonnaya_Onu |
Setting the record straight : Dr. Ogbonnaya Onu was born on December 1, 1951, to the family of His Royal Highness, Late Eze David Aba Onu, Eze Adu of Uburu in Ohaozara Local Government Area of Ebonyi State in Nigeria. Source: https://en.wikipedia.org/wiki/Ogbonnaya_Onu |
Linda Barnette has issued marriage licenses in Grenada County, Mississippi for 24 years. On Tuesday, she resigned. “I choose to obey God rather than man,” Mrs. Barnette wrote in her one paragraph resignation letter to the Grenada County Board of Supervisors. “I am a follower of Christ and I believe strongly that the Bible is my final authority,” she wrote. ‘The Bible teaches that a marriage is to be between a man and a woman. Therefore, because of the recent ruling of the U.S. Supreme Court, I can no longer fulfill my duties as Circuit Clerk and issue marriage licenses to same sex couples.” Another worker has been appointed to replace Mrs. Barnette. It’s unclear if Grenada County will hold a special election to permanently fill the elected post. “I told my supervisors a while back if it happened, I would tender my resignation,” she told me. “I had already decided in my heart that I could not issue marriage licenses to same sex couples. It’s my Christian belief. As a follower of Christ, I could not do it. The bible teaches it is contrary to His plan.” Mrs. Barnette is a Southern Baptist and her husband once helped Franklin Graham with his national festivals. So when it came to choosing between her job and her faith – there never was any real debate. “Christians are being put to the test,” she said. ‘We’re going to see the true Christians who stand. It’s going to be time to stop talking the talk. It’s going to come down to that.” There are many public workers just like Mrs. Barnette who are struggling with the Supreme Court’s decision to redefine marriage. I received private correspondence from a minister who told me about a North Carolina clerk who resigned. The clerk refused to comment or go public over fears she would be attacked by LGBT activists. Brian Robertson is Mrs. Barnette’s pastor at Friendship Baptist Church. He said had two reactions to her resignation. “I am saddened in the fact that we are losing a wonderful county clerk and a very faithful and hard worker,” he said. “I am grieved as a minister and Christian because of the circumstances that have caused her to have to resign.” However, Dr. Robertson also had praise for his parishioner. “I applaud her as a brother in Christ,” he said. “Her testimony to the Lord is more important to her than serving man.” The Mississippi pastor suspects she will be the first of many to lose their jobs because of their Christian faith. “Political propagandists want to force Christians who do not agree with the liberal mindset out of office,” he said. I asked Pastor Robertson if he was concerned about LGBT activists coming after Christian ministers. His response was rather interesting. “I pray that I am targeted,” he said. “I will use the statement Joshua made many years ago. As for me and my house – we will serve the Lord.” Amen, pastor. Amen! In the coming days I believe Christians will be forced to abandon their jobs in public service. Those who remain will be targeted with lawsuits and investigations from the activists. Resign or face the consequences. Make no mistake. America is about to undergo a religious purging in the public marketplace – at the hands of secular jihadists. SOURCE : http://radio.foxnews.com/toddstarnes/top-stories/exclusive-county-clerk-resigns-instead-of-issuing-gay-marriage-licenses.html |
tbaba1234:I think you made a mistake here. The score is BRAZIL U20 1 : PORTUGAL U 20 0. |
Here is the 21-man LIST.
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Winners: Nigeria Fair play trophy: Nigeria Orange Man of the tournament: Yaw Yeboah (Ghana) Best goal of the tournament: Bernard Bulbwa (Nigeria) [against Senegal (final)] Top scorer: Musa Muhamed (Nigeria) [4 goals] CAF Team of the Tournament Goalkeeper: Enaholo Joshua (Nigeria) Defenders: Musa Muhammed (Nigeria), Souleymane Diarra (Mali), Mouhameth Sane Midfielders: Sidy Sarr (Senegal), Alassane Diallo (Mali), Ibrahima Wadji (Senegal), Yaw Yeboah (Ghana), Idowu Elijah (Nigeria) Forwards: Clifford Aboagye (Ghana), Taiwo Awoniyi (Nigeria) Substitutes Sory Ibrahim Traore (Mali), Joseph Aidoo (Ghana), Ifeanyi Matthew (Nigeria), Omego Prince (Nigeria), Tyroane Joe Sandows (South Africa), Silvere Ganvoula Mboussy (Congo), Malick Toure (Mali), Prosper Kassim (Ghana) Goals scored 53 goals were scored in 16 matches with an average of 3.3 per match 4 - Musa Mohammed (Nigeria) 3 – Awoniyi Taiwo Michael, Ibrahima Wadji, Sidi Sarr (Senegal), Silvere Ganvoula Mboussy (Congo), Tyroane Sandows (South Africa) 2 – Chris Bedia (Cote d’Ivoire), Dumisani Zuma (South Africa), Alassane Diallo, Hamidou Traore (Mali), Ifeanyi Matthew (Nigeria), Moussa Kone (Senegal), Yaw Yeboah (Ghana) 1 – Abraham Asiedu Attobrah, Clifford Aboagye, Benjamin Tetteh, Samuel Afful (Ghana); Malick Toure, Ichaka Diarra (Mali); Yakou Meite, Victorien Angban, Degbole Franck Niangbo (Cote d’Ivoire); Charles Zulu, Dave Daka (Zambia); Moise Nkounkou, Constantin Bakaki (Congo); Obinna Nwobodo, Bernard Bulbwa, Christian Pyagbara (Nigeria); El Hadji Malick Niang (Senegal); Motjeka Madisha (South Africa) Own goal Thamsanqa Tshiamo Masiya, Kabelo Seriba (South Africa) Final Ranking 1 – Nigeria 2 – Senegal 3 – Ghana 4 – Mali 5 – South Africa 6 – Cote d’Ivoire 7 – Congo 8 – Zambia SOURCE : http://www.cafonline.com/en-US/NewsCenter/News/NewsDetails?id=wrFUa5T7PYG5DPTkdKds6A%3d%3d |
“I want to congratulate the players for the way they performed against Uruguay, and the Swedish team should watch out for us come Tuesday. We have learned a lot from the last time we played, and this time we have to be ready for them,” Nigeria coach Manu Garba |
Global Firepower RANKING 2013. 1. Egypt 2. Ethiopia 3. South Africa 4. Nigeria 5. Algeria 6. Kenya 7. Libya Source 1: http://www.globalfirepower.com/countries-listing-africa.asp Source 2: http://african.howzit.msn.com/africa%E2%80%99s-7-strongest-military-forces |
As you read this, one of our sisters, Onyeka Lucy Asonye is currently cooling off at a jail in Houston for severely “flogging” her two daughters. SoutheastNigeria.com learnt that the two daughters were adopted from Nigeria. According to the prosecutors, 46yr old Onyeka Asonye , faces two counts of felony injury to a child, court records show. A judge denied bail for Asonye, who was being held Monday at the Harris County Jail. A daycare worker called investigators March 1 when she noticed the 3-year-old girl had a large bump on her forehead and a swollen and shut eye, according to an arrest warrant filed in the case. Both the toddler and her sister, 4, had multiple bruises and scars over their entire bodies. A physician at Texas Children’s Hospital reported that the 3-year-old had multiple abrasions and healing scars to her back, abdomen, chest and legs, had swelling to both hands, suffered a possible abdominal injury, and had a puncture wound to her right scalp, prosecutors said. The 4-year-old sustained multiple abrasions and healing scars to her trunk/back, and also suffered a possible abdominal injury, the physician stated. Investigators said that Asonye struck both girls with a stick, and pushed the 4-year-old against a wall. Questioned by police, she initially denied that she hurt her daughters. She later confessed tocausing some of the scars and bruising to the girls by “flogging” them with sticks at their home, prosecutors said. “The defendant stated she did not hit the complainant’s (victims) in a specific place, but where is closest to her at the moment when she hits them,” the arrest warrant states. She told police, “I wasn’t trying to abuse them I want the best for them and myself that is the only reason I beat them,” prosecutors said. Asonye adopted the girls from Nigeria as infants and has had full custody of them since 2011. Before this incident, Asonye lived alone with the girls who are now in the custody of Child Protective services. Otua ka odi. source : http://www.southeastnigeria.com/blog/2013/04/27/nigerian-woman-jailed-in-houston-for-flogging-her-two-daughters/ |
THIRD PLACE: 27/04/2013 - Tunisia Vs Morocco - 3:30pm (Nigeria Time) FINAL MATCH: 27/04/2013 - Nigeria Vs IVC - 6:30pm (Nigeria Time) |
Transcript of the interview. AMANPOUR: Welcome back to the program. Africa's most populous nation, Nigeria, is full of promise. But fulfilling that promise is sometimes a struggle. Plagued by corruption and mismanagement, the resource-rich country has a poverty rate of over 50 percent. Maternal mortality is shockingly high. And more than half of Nigerians don't have access to electricity. Nigeria's president, Goodluck Jonathan, can't even escape the power problem himself. Here he is on Easter Sunday, delivering a speech to his people only to have it disrupted by a blackout. Ngozi Okonjo-Iweala says that she and her president want more for the country. She's Nigeria's finance minister and she's been lauded as just the kind of reformer that Nigeria needs. She was a runner-up to lead the World Bank and "Forbes" ranked her as one of the world's most powerful women. But even she isn't immune from Nigeria's problems. Her own mother was kidnapped for a terrifying five days before being released. I spoke to her and I asked her about her country's uphill struggle to transform Nigeria's resources into a better life for all the people. We talked when she was here in New York for the Women in the World Summit. And as you watch, we look forward to your tweets using #amanpour. (BEGIN VIDEO CLIP) AMANPOUR: Dr. Okonjo-Iweala, welcome to the program. NGOZI OKONJO-IWEALA, NIGERIAN FINANCE MINISTER: Thank you for having me. AMANPOUR: Great to have you. OKONJO-IWEALA: Thank you. AMANPOUR: Nigeria is a huge and important country. We have many, many viewers from Nigeria, always very active and very interested. So it's great to have you here. OKONJO-IWEALA: Thank you. AMANPOUR: You have said and others have said, that 2013 is going to be a real game-changing year, a turning point year for Nigeria, particularly in your area of finance and economics. How? OKONJO-IWEALA: Well, it's going to be a game-changer and a turning point, because this is the year we are going to produce results. And we're already producing results within the administration. First, on the economic side, I just want to say that macroeconomic stability has been restored. Now, nobody should minimize that. Remember, there were two lost decades in Africa, in the '80s and '90s, where there was so much macro instability that people could not even focus on sectors that could create jobs. Now things have gone right. We've got growth that is at 6.5 percent last year and we're projecting for 2013, also, around the same number compared to average 5 percent on the African continent. Now, I just want to say that when you mention GDP growth, people immediately say we can -- in my country, they say we can't eat growth; because we have unemployment challenges, we need to create more jobs. We have a challenge of inclusion. We have problems of inequality. All those are challenges we face. AMANPOUR: You are obviously a passionate defender of your country. You are a person who calls for transparency and honesty and best practices. There is a huge problem with corruption in your country. The president promised to address this stuff. And the latest is that an ally of his, a former governor who was convicted of stealing millions of dollars, has been pardoned, embezzling $55 million in public funds. Now, the U.S. calls that a setback for the fight against corruption. I mean how do you answer that? OKONJO-IWEALA: How do I answer that question? OK, listen to what I have to say on corruption. And I think I have quite a bit to say. I wrote a book recently where I also had a whole chapter on that issue called, "Reforming the Unreformable." Nigeria does have a problem with corruption. And so do many other countries, including developed countries. I don't like the fact that when people mention the name Nigeria, the next thing they say is corruption. This is a country of 170 million people; 99.9 percent of them are honest, hard-working citizens who just want to get on with their lives and they want a government that delivers for them. What we've said is that in order to help block any leakages and help to, you know, stop any attempts at corruption or taking monies, we must build electronic platforms. We must distance people from the money. These things were recommended by the World Bank and the IMF. I used to work at the World Bank. We are doing them. And I strongly believe that we lack institutions. We lack processes. Now, what President Goodluck Jonathan has done now is to call the judiciary, the legislature and the executive arm for the first time to meet together on this issue and say, this is not just about government, this is about all of us coming together, because even if you catch somebody, they go to the courts and they are let off lightly. The president can't do anything about that. The judicial system also has to be strengthened. Legislators also have to crack down. They themselves have to work at also being transparent and helping the executive. But for me, also, in addition to doing that, we need to stop talking and identify the specifics, like you mentioned oil leakages. Let me mention two things quickly. The first one is the oil theft that is 150,000 barrels a day -- AMANPOUR: Which is huge. OKONJO-IWEALA: -- a month -- which is huge. Yes. I admit that. And we can't afford -- I'll tell you; my thesis on corruption is we are still a poor country. We cannot afford any leakage. We also need the international community to weigh in. We have -- Mexico and Nigeria are suffering from this problem, you can check. Mexico has (inaudible) losing 25,000 barrels a day. And they found (inaudible). In our case, we have international people who also buy that stolen oil. We need them to treat this stolen oil like stolen diamonds, the blood diamonds. Make it blood oil. Help us so that those people don't have a market to sell this stuff. That's one. And we ourselves should commit to fighting -- and we are fighting that. AMANPOUR: Let me ask you about that, because you also have challenges with electricity. You mentioned you're very rich in oil and people just simply don't understand why there still seem to be so many problems with electricity. And it might seem, you know, weird to pick on that one thing, but it is very prevalent. I asked your president about this during an interview I did by satellite when he was at the World Economic Forum in Davos. Let's just see what he had to say to me. (BEGIN VIDEO CLIP) GOODLUCK JONATHAN, PREISDENT OF NIGERIA: That is one area that Nigerians are quite pleased with the government, that's a commitment to improve power. It's working. So if you are saying something different, I'm really surprised. That is one area, one area that we will -- civil society members agree that government has kept faith with its promise. (END VIDEO CLIP) AMANPOUR: Now, that interview caused a bit of a hullabaloo, as I think you know, in Nigeria. And yet, the World Bank has said that half -- more than half the Nigerian population doesn't have any access to the power grid. OKONJO-IWEALA: As you know, Nigeria became a democracy again when President Obasanjo came into power in 1999. Two decades prior to that, there was hardly any investment in electricity. If you've neglected a sector for that long, you've not invested, you've not even maintained your basic facilities, it's not going to happen that fast. It takes time. That month, when you interviewed the president, the polls showed, independently, scientifically (inaudible) that they are in technical partnership with dialogue. That 54 percent of Nigerians felt there was some improvement. They do it monthly. Now this month, they've surveyed and they've showed this going down, because 800 megawatts has been taken off the grid, which is while they are maintaining the grid. AMANPOUR: Well, let me ask you, because businesses apparently say that this problem with electricity is causing them to, you know, be reluctant to invest. (CROSSTALK) AMANPOUR: They need this investment... OKONJO-IWEALA: Nigeria is not the only country. Almost every developing country has a problem with power, as you know. India has it. South Africa has it. South Africa is far better off because they've invested much more. But many developing countries, even China, they are struggling with keeping up with infrastructure. Now, what we are doing in Nigeria? We have accepted that the government is not the best place to run the power sector, that if we want this country and this economy to do better, we just have to get out. And Nigeria is pursuing one of the most sweeping privatization programs in any country in the world. We are selling off everything. The generation capacity, the distribution capacity in the country, government is only retaining one thing -- transmission. AMANPOUR: Well, on that note, Madam Minister, thank you for joining me. OKONJO-IWEALA: Thank you, Christiane, for having me. |
Dear Foolish Girls, He won’t use condoms U use pills… why? Cos he wants it natural (ovarian cancer n infertility in view ) He gets u pregnant U have aborted like 5 times….why? Cos he is not ready!#gbam He is tired of natural place for copulation He moves to ur ass Saying its tighter Then u begin to lick n smell ….why? Cos u want to please and not loose him #ODE# You av been wearing his engagement ring 4 close to 4yrs He is not wearing any …why? Cos he has promised u marriage #May God help u# You dress half naked thinking u look sexy n Hot He isn’t complaining But he has more cloths on….. #Don’t be surprised when he takes a more decent gal home# U get Pregnant 4 him cos he promised u marriage @ d end of d day #He still doesn't Marry U#.... U become a single mama with No Job No means 4 fending 4 ur Baby & Urself so... U leave junior with Grandma & U go back 2 dee Hustling field" Then u begin to say MEN Are Wicked Whose fault? Plz ladies be wise U knw u deserve better than this... Dont always be @ d loosing end BE WISE. |
Francisca Ordega, Nigeria’s leading scorer at the on-going Fifa U-20 Women’s World Cup in Japan, has been signed by Swedish club side Jitex BK according to reports emanating from that country. 18 year-old Ordega who plays for Rivers Angels has scored four goals so far in the World Cup as Nigeria prepare to face the USA women in the semi-finals on Tuesday morning. source: http://www.goal.com/en-ng/news/4093/nigeria/2012/09/03/3352083/falconets-francisca-ordega-signs-for-swedish-club-jitex-bk# |
WASHINGTON, April 3, 2012 - As previously announced on March 23, the Board of Executive Directors of the World Bank will conduct interviews with the three candidates in Washington, D.C. The schedule of interviews has been agreed with the candidates based on their availability: · Ngozi Okonjo-Iweala on Monday, April 9 · José Antonio Ocampo on Tuesday, April 10 · Jim Yong Kim on Wednesday, April 11 Source : http://web.worldbank.org/WBSITE/EXTERNAL/NEWS/0,,contentMDK:23159732~pagePK:64257043~piPK:437376~theSitePK:4607,00.html?cid=EXT_FBWB_D_EXT |
Who's in the running? Ngozi Okonjo-Iweala: Nigerian finance minister for the second time, and the developing country candidate to beat. As a former World Bank managing director, she knows the institution inside out. She has also been on the front line of tackling poverty and corruption at home, and fought for debt relief from the West. José Antonio Ocampo: a former Colombian finance minister who studied and is based at Columbia University, in the US. He is a heavyweight academic economist who has had first-hand experience in government in a developing country, and held a senior UN post. He has won Brazil's backing. Hillary Clinton: still widely rumoured to be the most likely US candidate. But she has repeatedly said she doesn't want the job and her hardline attitude to human rights abuses in her current job as secretary of state is said to have made the Chinese sceptical about her candidacy. Jeffrey Sachs:/ US economist and author, now at Columbia University, says he has the support of several developing countries, many of which he has advised over the years. He too is controversial because of questions over his role in Russia's "shock therapy" economic reforms in the 1980s. He's also seen as too liberal to win the backing of the White House[b]. Susan Rice[/b]: US ambassador to the United Nations. She is used to charming her way through international diplomatic circles – a key part of the job of a World Bank boss – but she may not be well-known enough to trump Iweala and allow America to hold onto its supremacy at the Bank |
(Reuters) - Nigerian Finance Minister Ngozi Okonjo-Iweala and former Colombian Finance Minister Jose Antonio Ocampo are set to be nominated to lead the World Bank, sources with knowledge of emerging market efforts to find candidates said on Tuesday. The candidacies of Okonjo-Iweala and Ocampo, who have credentials as both economists and diplomats and according to sources the respective backing of Brazil and South Africa, pose a challenge to the United States, whose hold on the top post has never been contested. But with its majority of votes and the expected support of European countries, the United States is still likely to ensure that another American will succeed Robert Zoellick, who plans to step down when his term expires at the end of June. Washington has held the presidency since the Bank's founding after World War Two, while a European has always led the International Monetary Fund. It has yet to publicly identify a nominee to succeed Zoellick. The deadline for submitting nominations is Friday, and the Obama administration has said it will name a candidate by then. All of the World Bank's 187 members nations have committed to a merit-based process to select Zoellick's successor. Emerging and developing economies have long talked up their desire to break U.S. and European dominance of the Bretton Woods Institutions, but have until now have failed to build a coalition large enough to change the status quo. Three sources said Ocampo, currently a professor at Columbia University in New York, would be formally nominated by Brazil. One source said Okonjo-Iweala could be nominated on Wednesday, while two other sources said it would be Friday. Nominations will be submitted to the 25-member World Bank board, which has said it will decide on the next president within the next month. Two sources said Okonjo-Iweala's candidacy had the blessing of Nigerian President Goodluck Jonathan, who convinced her to join his cabinet last year to lend more weight to his reform agenda. "IMPRESSIVE CREDENTIALS" The decision to nominate Okonjo-Iweala and Ocampo followed weeks of discussions among emerging and developing countries at the World Bank board including China and India. Two sources said South Africa's director at the World Bank board, Renosi Mokate, who also represents Nigeria and other English-speaking African countries, personally flew to Abuja to consult with Okonjo-Iweala about her nomination. "The impressive credentials of both Ocampo and Okonjo-Iweala puts tremendous pressure on the White House to come up with a candidate of at least equivalent standing," said Domenico Lombardi, a former World Bank board official now at the Brookings Institution in Washington. "This signals a big shift and really reflects a game change," Lombardi added. "This is the first time in history we have a truly contested election." Okonjo-Iweala, who left the World Bank as managing director last year to become Nigeria's finance minister, and Ocampo, a former U.N. under-secretary for economic and social affairs, will join American economist Jeffrey Sachs, who has the backing of a handful of small countries, on the nomination list. Sources with knowledge of the administration's thinking say Washington has focused on convincing a woman to enter the race, which could go some way to address calls by emerging market nations for change. A woman has never led the bank. Susan Rice, the U.S. ambassador to the United Nations, was a leading contender, however, it is not clear she wants the job, sources have said. Former adviser to President Barack Obama, Lawrence Summers, has also been short-listed for the job. He has declined to comment. U.S. Senator John Kerry and PepsiCo's Indian-born CEO Indra Nooyi also made an Obama administration shortlist, according to a source, although Kerry has publicly ruled out the job and Nooyi is no longer in contention, according to another source. Sachs has said he aims to challenge with his candidacy what he sees as a history of political appointments by the White House and acknowledges he does not have the support of the Obama administration. He was formally nominated by Bhutan and a grouping of developing countries including East Timor, Jordan, Kenya, Namibia and Malaysia. Lombardi said the test was whether large emerging economies like China would rally support for Ocampo and Okonjo-Iweala, or in the end vote for a U.S. nominee. FAILED RALLY AT IMF Last year, Brazil and China failed to rally around Mexico's central bank chief, Agustin Carstens, for the top post at the IMF, instead favoring former French Finance Minister Christine Lagarde, who now heads the institution. The United States has insisted that to keep funding flowing from Congress for the World Bank, it is important to retain the presidency. It is unclear if big emerging nations such as China and India would support a fellow developing nation candidate. He Fan, deputy director of the institute of world economics and politics at the Chinese Academy of Social Sciences, a top government think-tank, said he thought Beijing would do so. But Yi Xianrong, an economist at the same institute, said "the most important thing is to have a capable person with energy and expertise...it doesn't matter whether the candidate is from the United States, Germany or developing countries." "We need to see whether the candidates' value standards and judgment are in line with the World Bank's goals. We can increase our influence in the World Bank through increases in our voting rights," Yi added. A senior Indian government source said it didn't "have any favorites, no probables." With just two days left, India is not planning to change that position. Asked whether India would support a developing world candidate, the source said, "If it comes up we will decide; let's see." (Additional reporting by Kevin Yao in Beijing and Frank Jack Daniel in New Delhi; Editing by Richard Borsuk and Jonathan Hopfner) Source : http://www.reuters.com/article/2012/03/21/us-worldbank-idUSBRE82K04620120321?feedType=RSS&feedName=topNews&rpc=71 |
(Financial Times) -- The US is under intense pressure to nominate a top-notch candidate for the World Bank presidency after developing countries put forward two credible contenders of their own. Ngozi Okonjo-Iweala, the Nigerian finance minister, and José Antonio Ocampo, the former finance minister of Colombia, will be nominated as candidates for the presidency before the deadline on Friday. Since its creation in 1944, the president of the World Bank has always been an American, but developing countries are pressing for a merit-based competition. The US will lose legitimacy if it foists a low-calibre leader on the institution when there are well-qualified candidates from developing countries. "The candidacies are more than symbolic," Mr Ocampo told the Financial Times. "They are a testament that developing countries can put up good and credible candidates -- perhaps as good or better than the US candidates." The US is expected to put forward a candidate before Friday's deadline. Leading options are Lawrence Summers, the former Treasury secretary who has a heavyweight economic reputation but some opponents in the US and abroad, and Susan Rice, the US ambassador to the UN. Jeffrey Sachs, director of the Earth Institute at Columbia University, has been nominated by some smaller developing countries. In contrast to the recent battle to lead the International Monetary Fund, which was never in real doubt as French finance minister Christine Lagarde raced around the world to secure support, developing countries are organised to challenge a procession to the World Bank presidency. World Bank shields emerging markets "We as emerging markets and developing countries have been making a concerted effort to identify our most qualified and competent candidates," said Amar Bhattacharya, director of the G24 office in Washington. The G24 is an economic umbrella group for the largest developing countries, and the Brics group of Brazil, Russia, India and China has also been active in debating candidates. Ms Okonjo-Iweala is a former World Bank managing director now serving her second term as Nigeria's finance minister. "What is significant is that while she was put forward, she did not seek the nomination herself," said a Nigerian government source. "But there is so much enthusiasm for her to head the World Bank. It's a campaign by emerging market countries." South Africa and several other African countries are backing Ms Okonjo-Iweala. Arvind Subramanian, senior fellow at the Peterson Institute for International Economics in Washington, said that Ms Okonjo-Iweala was one of his top candidates for the job. "She has a lot of hands-on development experience with the big issues of governance and corruption," he said. Another emerging market candidate could appear before Friday. The big test, however, will be whether all the developing countries can coalesce around a single contender once the US has put forward a name. "All the other major international institutions have open competitions. The UN does, so does the WTO, the OECD. The IMF and the World Bank are very anomalous in that regard," said Mr Ocampo. "We have joined this race in the expectation that this time it would be different." If there are four or more candidates after nominations close then the World Bank's executive board will winnow down the choice to a shortlist of three for interview. The executive board is made up of 25 directors who represent constituencies of countries around the world. Actual voting power is related to capital paid into the Bank. Between them, the US and Europe control around half of the votes on the World Bank's board of directors. Source : http://edition.cnn.com/2012/03/21/business/u-s-under-pressure/index.html |