HeadlineNigerian Finance Minister Okonjo-Iweala Resigns – Sources

Nigerian Finance Minister Okonjo-Iweala Resigns – Sources



The Minister of Finance and Coordinating Minister for the Economy, Dr. Ngozi Okonjo-Iweala has issued a carefully worded statement that sidestepped answering the question whether she tendered a letter of resignation earlier in the week to President Goodluck Jonathan.

The statement by her Special Adviser said the Minister has not resigned.

“It has come to our attention that a story is circulating online about the purported resignation of the Minister of Finance and Coordinating Minister for the Economy, Dr. Ngozi Okonjo-Iweala.

“For the avoidance of doubt, this story is not true.

“The Finance Minister is still in place and assures Nigerians that all will be done to ensure that macro-economic stability is maintained through tight fiscal and monetary policies,” the statement said.

THEWILL however stands by its earlier report.


Our Previous Report:

BEVERLY HILLS, February 20, (THEWILL) – Dr. Ngozi Okonjo-Iweala, Nigeria’s Minister of Finance and Coordinator of the Economy, tendered her letter of resignation to President Goodluck Ebele Jonathan on Tuesday, February 18, 2014, following the controversy surrounding funds accrued from the sale of crude oil, two privileged sources familiar with the development have told THEWILL.

Her resignation was however not accepted by President Jonathan, who assured her that heated matter would be resolved soonest.

Okonjo-Iweala in her letter had expressed frustration with the lack of accountability in the petroleum sector where billions of dollars are currently being reconciled. She also expressed fears that her reputation was being rubbished by the scandal.

Though Okonjo-Iweala Thursday addressed a press conference to reassure investors that the nation’s fiscal policy would not be affected by the suspension of CBN Governor, Lamido Sanusi, one source told THEWILL that the Minister is irked by the sudden suspension of the controversial banker, who recently disclosed that $20 billion belonging to the federation has not been remitted by the NNPC.

Our sources insist that the Minister will exit the Jonathan government soonest.

THEWILL tried unsuccessfully Wednesday and today to get the Minister’s comment for this report. Her aide, Paul Nwabuikwu did not respond as well.

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  1. This is a BIG LIE and you will soon get sued. Her office has already said this is a flat out lie. Whoever in your organization is carrying out this ur our is a first class Olodo. Remember you can be sued for carrying falsehood in the US and for spreading damaging information against Nigeria. Don’t think that sitting in the US means you are immune and therefore can print any garbage. She has also just tweeted that this is a big lie.

  2. The Will does not indulge in junk journalism , has no reason so to do. is not in the pay book of the presidency . Why remove a man who fought a corrupt banking to the ground only to bring back a proxy of the same group. Jim Via is the paymaster of Emefiele. Nigerians know the truth. This rape of the society must not stand. Our President is an unrepentant anti people . Goofluck to him.

    • I totally agree with you. Anyone saying anything to the contrary has no clue and dey just dey follow follow. Na dem be the Olodos.Iweala cannot be happy with the removal of Sanusi because it’s unjust!

  3. If you are a career or discipline figure, assess the person you want to work with as not mediocre, visionless, selfish, educated illiterate, or a fraudster before you get yourself into trouble. Nigeria political scene as of today is messy and dangerous.


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