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Achievements Okonjo Iweala would ever be remembered for the debt relief she secured for Nigeria. She used her relationship with the shakers and movers of international finance to win their support for debt relief for Nigeria. Negotiating with the creditors was more like being among her peers. Even the approval of the National Economic Empowerment and Development Strategy (NEEDS) as the Programme Support Instrument (PSI) by the International Monetary Fund (IMF) was unprecedented. No other nation had received debt relief without an IMF programme. Under her administration, Nigeria which did not qualify to enjoy the assistance of the World Bank under the Highly Indebted Poor Country (HIPC) initiative was considered to enjoy other windows of concessionary facilities and grants. High foreign reserve has consistently characterized the nation's macro economy while she was Minister. The last stock, before she left was about $34 billion. Equally, her insistence on saving for the rainy day has yielded fruits as about $25 billion has been saved in the excess crude oil account, as at end of the first half of the year. The macro-economy has been largely stable with increased foreign exchange inflow which has helped to stabilize the exchange rate of the naira, and even record a marginal firming up of the Naira, against the dollar, at the foreign exchange market. Okonjo-Iweala Vs Nenadi Usman They two could be said to have had a cordial working relationship throughout the period, July 2003 to June 21, when Okonjo-Iweala was redeployed. On several occasions, Mrs. Usman simply declined elaborate comments, after Dr. Okonjo-Iweala, had spoken at functions, preferring rather to remain more at the background. She used every opportunity to declare that Okonjo-Iweala was her boss. But one thing she could not hide was that she was learning the ropes of macro economic management fast, may be faster than anyone could have imagined. Responding to journalists questions, soon after her appointment as Minister of Finance, Mrs. Usman said she had no reason, whatsoever, to alter the decisions earlier announced by Dr. Okonjko-Iweala, on various macro- economic policy issues, as according to her, we took the decisions together. ALL RISE FOR THIS ICON. ![]()
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lioness:check your comment, you will know you are LOST ![]() |
olodo:This is one of the evidence my brother. lioness:i think you re lost. c'mmon say the truth u dont know actually wat u wanted. |
I think we should be cautious of our words. Would anyone have done it better, Who could have taken those dangerous bulls by the horn. ummm, Baba is a pace-maker cunning though, he is hard working, wicked though, he has given us a tomorrow. i think he has tried his best for us. Dont get me wrong im not his campaigner or suppoter but as we shed tears we can also see amidst the flow. i think all wats is happening is political. Remember "in politics no permanent friends or foe" ![]() |
Indications emerged on Thursday that Dr. Ngozi Okonjo-Iweala resigned her appointment as the Minister of Foreign Affairs in protest over her removal as the head of the Economic Management Team. This is contrary to her official reason that she resigned to enable her to take care of urgent family issues. Her resignation dated August 3, was accepted on the same day by President Olusegun Obasanjo. Obasanjo had on June 21, 2006 removed her as the Minister of Finance. The President, while announcing her redeployment, asked her to retain her position as the chairman of the Economic Team to allow time for institutional stability. As leader of the team, she was to continue supervising the country‘s international financial transactions. But Obasanjo in a letter on Tuesday directed the Minister of Finance, Mrs. Nenadi Usman, to take over from Okonjo-Iweala as leader of the Economic Team. The same letter also announced the appointment of the Economic Adviser to the President, Dr. Osita Ogbu, as the deputy leader of the team and confirmed the president as the chairman of the team. Our correspondents also learnt that the former minister faxed her resignation letter from the United Kingdom, where she was on an official assignment. Sources in the Ministry of Foreign Affairs explained that Okonjo-Iweala could not bear the confirmation of Usman as head of the economic team. She had travelled to London to negotiate the country‘s exit from the London Club of creditors when she was removed as leader of the Economic Team. It was learnt that the government had changed its position following a protest by Usman that she should have led the Nigerian economic delegation on the London trip.
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i think she did the right thing. |
neva mind ![]() |
who is Debosky |
![]() can we go to yahoo im now |
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of cos i like u ![]() |
[quote author=janet.gurl link=topic=12816.msg543613#msg543613 date=1154624313]lol say that truth deep in yo heart u mean that don't lie[/quote]i dont understand u ![]() |
[quote author=janet.gurl link=topic=12816.msg543546#msg543546 date=1154622810]lol wole,don't like that chick too much, funny well don't like that guy too much[/quote]just want him 2 keep-off from u ![]() |
clocky:thanks ![]() but dont like that chick too much |
[quote author=janet.gurl link=topic=12816.msg542831#msg542831 date=1154611109]lol u don't want to meet me u want to talk to me well i have ADD you[/quote] ![]() |
something like wat women |
make una tell them ooooooooo |
![]() i fu dont mind i wnna meet u deprof4all@yahoo.co.uk (IM) |
[quote author=janet.gurl link=topic=12816.msg542791#msg542791 date=1154610218]yea u right am noy on earth am behind the sun,lmoa well where i live behind the sun,guys are liek dogs dey pretends too damn much even when u catch them wit ya 2 hands or wit ya 2 eyes dey will denys, gosh guys [/quote]Umm, i wonder why u should join this earthly forum.for ur imformation ladies here re cool but are great pretenders & a blatant cheat ![]() |
THE PX ON UR PROFILE IS GREAT |
wel i guess u re not on earth, if not u wil sure agree with me. u re somewhere behinf the sun maybe u ladies over there do not. but here on earth they re. eve when u caught them red handed. THEY RE P-R-E-T-E-N-D-E-R-S ![]() |
i think u re right, anyone reading wil surely laugh ![]() but its not funny ![]() |
olunifemi: ![]() [quote author=janet.gurl link=topic=12816.msg541993#msg541993 date=1154582057]no we don't,lol[/quote]better confess it here now ![]() |
@lioness there must be something good in return, i mean something real goooood ![]() |
thats politics with bitterness. ![]() |
zebudaya:meaning they re against the saying "Givers never lacks" ![]() |
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