Much Ado About Ngozi Okonjo Iweala (NOI)

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See China,it was the rich people who helped the economy of the country by sending their people out to learn and they gave enough money for research,they went back to use the knowledge,same as I India,no Nigerians abroad wants to go back even me except you have a god father in government promising you job.In our school,you cannot find modern equipment not even money from governmet or all these so called rich men to make research,they only use the money to buy honorary degree,we have good people who are being used by another country and boom their economy because we dont know how to use them,when we cannot even manage our resources well.Fourth in the oil world but we still live like no resources...I think we need to introduce communist,then we all know that all properties belong to no one or get rid of all these rich men and old politicians say from 45 upward because they are spreading their virus on new generation as they dont have future plan,we should not let them see future.

WHO DO YOU RATHER HAVE AS A LEADER, THE ONE YOU KNOW CAN DELIVER BUT MADE AN UTTERANCE YOU CONSIDER WRONG OR THE SMOOTH TALKER WHO IS CLUELESS? WE MUST NOT EXPECT PERFECT LEADERS TO THE POINT THAT WE SUBSTITUTE MEDIOCRITY BECAUSE OF A SINGLE SLIP. I AM A NORTHERNER AND IF GEJ DELIVER AT THE END OF HIS TERM I WILL VOTE FOR HIM EVEN THOUGH HE SAID THE SOUTH EAST VOTES NOT THE NORTH GOT HIM TO ABUJA. OUR NATION IS IN DIRE NEED OF GUIDANCE AND ALL SENTIMENTS MUST BE CURTAILED AT THIS TIME IN OUR HISTORY. I WAS A LONE RANGER AGAINST ABACHA AMONG FRIENDS BACK IN KANO, BUT I SUPPORTED OBJ BECAUSE I BELIEVE HE WAS A LITTLE BETTER THAN ABACHA. IF WE HAVE GOOD RESOURCE MANAGERS THERE WILL BE NO MEND, BOKO HARAM, OPC, BAKASSI, KIDNAPPERS OR THE CALL FOR SNC.

I LISTEN TO FORMER SELF CONFESSED ECONOMIC HIT MAN, JOHN PERKINS, IN WHICH HE NARRATES HOW THE IMF/WORLD BANK (ESSENTIALLY AMERICAN OWNED)USED THEM TO ROPE IN THIRD WORLD GOVERMENTS IN DEBT. THE AIM IS NOT TO PAYBACK SUCH LOANS RATHER IT IS TO GAIN CONTROL OF THOSE GOVERMENTS WHEN THEY CANT PAY. IF THE THIRD WORLD LEADERS REFUSE TO BE CORRUPTED, THEN THEY ARE ELIMINATED. IF THAT FAILS THEN THE U.S. WILL FIND THE FLIMSIEST EXCUSE FOR A FULL SCALE MILITARY INVATION. HE SAID IRAQ DEMONSTRATE ALL THREE STEPS. MANY AFRICAN AND SOUTH AMERICAN COUNTRIES SURVIVE ONLY STEP TWO, ELIMINATION. IT IS UNFORTUNATE THAT SOME ONE LIKE N.O.I. IS RUNNING OUR ECONOMY TODAY. BUT I AM SOME HOW HAPPY BECAUSE NIGERIANS WILL SOON REALISE WHAT NOI STANDS FOR WHEN FUEL SUBSIDIES ARE REMOVED. THIS IS A MUST WATCH FOR ALL WHO NEED TO UNDERSTAND WORLD ECONOMICS, WAR AND PEACE IN THE WORLD TODAY:http://www.youtube.com/watch?v=guXirzknYYE

good response my brother..

Pls, where on earth did you get the information that she earns $400,000.00 per annum from World Bank? That is CRAP!!! That information is wrong, and for the records, she did nothing for the country when she was the finance minister. We were all made to believe that she did something, but Osigwe's write up is dead right. His comments are right on cue. She wasn't there to serve the country, she was there to serve world bank. Period!

Jay

Why is it that some Igbo cannot accept critism without announcing tribalism? Without doubt, NOI is intelligent, and has made good contributions to Nigeria's economy, but have we as a people benefitted much from those? Nigerian elected members are grossly overpaid compared to what they do. So are the ministers. This is true, regardless of the tribe each belongs to. When a person is criticised, it is not his tribe that is being critized.

The wirter and all those who have commented against NOI are all ignorant illiterates. The question is, what have you sacrificed for your country? We have seen results in what this lady has done. You quickly forget that the exchange rate was STABLE at N120 for many years and our external reserves grew to its highest levels during her tenure!!!!

Some complain that she wants to earn dollars. Before nko? You want her to come and earn N500,000 a month salary and be stealing money abi? Please let us talk with common sense. Why would I leave my job that pays me $400,000 P.A to come and earn $100,000??? Who will pay the bills?

Please be guided

As for the writer, talk is cheap...what have you done? As far as I am concerned she is the best Finance Minister in the past 20yrs. Please stop raising issues, proffer solutions and lets move forward.

There is nothing in this article that is intelligent in so far as it relates to Mrs Okonji-Iweala. His point is simply that she as a finance minister had advised that debts be paid rather than wasting a good chunk on mere servicing of debts .......... therefore the ills of the government and personalities she served becomes hers.

Of course because she bears an ibo name all supposedly educated Nigerians of other tribes suspended their intelligence and could not read the weakness in this article. Rather attack others who can see the weakness and as often as happens here they come out in droves to attck with no good reason

The history of effectiveness /or ineffectiveness of World bank has nothing to do with her. But WB is a rather a social lending institution.

Reference to other past Finance ministers was short on history and completely selective on its recitations.Besides the dynamics completely different

The writer refering to NOI thus 'just mere modest accomplishements' indicates some less than honourable character behind the keyboard.

Tribalism will always deprive nigerians their intelligence especially as they are largely educated to read but not to think

The point of this author is simply to attack NOI for insisting on financial responsibility.

A good reading of this write up would pick out the quarrel this author has against NOI was simply that she had urged our government to clear their debts instead of spending too much simply servicing debts.

Then he went into finding fault with the World bank is if it was created by NOI.

His intelligence could not dwell critically on the dynamics under which NOI as against a much noble dynamics under which Awo was fninace minister.

A nation where all its educated are thought how to read but not how to think..... Contributors here hailing this is a good piece ..........

If your name is really Uchenna then your father must go and confirm your paternity for leaving the knife that killed you the proverbial cock and raising issues with the cooking pot.

THE WRITER OF THIS ARTICLE IS NOT AN IGBO MAN,THIS IS SR WRITE UP.MOREOVER NOI IS MY WIFE LEAVE HER ALONE.EVEN IMF THEY RAPE OR USE HER..NA YOUR BUSINESS?

Thanks very much for your contribution. That was my position under the title “Naive and Just Ranting”, but you presented it in a better way. There is moral, legal, and ethical issues, but they do not necessarily mean the same thing. Some action can be correct legally but wrong morally. The decision maker may need t follow the law and act legally. The military tribunal executed Vatsa who happened to be IBB’s best man. IBB argued he didn’t kill his friend, it was the tribunal. A tough call! When we express sentiment in our writings, we necessarily take away the focus of our discourse. When we assume that governance is straight forward, we sit in the comfort of our homes and prescribe and criticize, but my brothers, it isn’t that easy.

There are two things Nigerians irrefutably love as much as they are vehement in denying it. One is untold suffering of their brethren. The other is a strong aversion for long term thinking and "useful knowledge". Some nations have emerged from or declined the World Bank / IMF antics of "impoverish and loot" and the strategy was simple in all cases (Brazil, Ecuador etc.); (1) kick out or reject WB / IMF agents in their country, (2) say no to odious debt, and (3) say no to neoliberal policies. A simple but highly effective strategy for those who really loved their nations when they came to power; their nations have prospered in comparison to those that embraced the WB / IMF. If this is true, how does this reflect on NOI? And is Mr Osigwe's article a source of useful knowledge? Put aside a love of suffering and ignorance, and think.

Thank you Uchenna Osigwe. The problem we have is that Nigerians do not face reality. Jonathan lacks knowledge, and he is being 'tossed' around. I do not think he has the capacity to understand what you are talking about.
Truly, like you said Buhari to me is a prudent manager of resources but his utterances some few years ago cost him the presidency.

Stop being small and narrow-minded. Who is talking about the Igbos. Alright since u brought it up, let me go further.
And average Igbo person is profit minded. They feel that the know more than u and are very good at cheating, armed robbery, rituals and 419.
So my dear, dont draw attention to the Igbos. It is highly unnecessary.

Does bringing NOI back amounted to running back to WB? Gentlemen, let us look at the merit of this argument and address the substance at hand.

Good write up but mis-directed thought process. This is needless attack on this woman. I did not subscribe to such antic.

Regards

I cannot mind the names mentioned in the article but to have an insight into the condition stated. Meanwhile, I still ponder the rigorous nature of the stipulated idea of the West behind our predicament. This, to a lot of people, looks like the writer is a busy body. But credence should be given to him (writer) for evaluating this background which is not far from the reality. Western world is a god to us and also the bane of our development.

IF YOU DONT WANT HER ,PLEASE YOU HAVE NO RIGHT WHATSOEVER TO TAKE HER REPUTATION TO THE CLEANERS.
LITERACY IS A PRE-REQUISITE FOR THE WORLD STAGE.

Is SR writing about the ills of NOI or the ills of WB. Why attribute the ills of WB to NOI? Why use blind arguments to deceive the people. Whenever there is a prospering personality of Igbo extraction, SR is always on the front-line the pull him/her down (phd). We all know the ills of WB and IMF, so why attribute them to NOI?

Nigerians must appreciate the fact that no matter how endowed she might be it is possible she will not even make an impact on our lives.she might be good in world bank but in our jungle nigeria the rules are very different.All we need are leaders with godly and human hearts to change the lives of nigerians.Any good nigerian even an illiterate can make a huge difference if they have the fear of God,not to talk of a country mass producing graduates yearly.

You can explore as many theories as posible, however it is extremely important to point out the obvious.Corruption and greed is the sole cause of all our economic problems.Nigerians lack discipline and patriotism and this shows in everything we do as a country.The solutions to all our problems lie within, and until we start holding each other accountable,our problems as a nation will persist.Foreign instututions and governments will always protect their own interests.Nigeria needs to do the same.

Mr. Osigwe, it's a pity that people like you who are so lazy to conduct researches before u write these junk articles are all will see on Sahara Reporters these days.
Who told you that managing the value of country's currency is under the ministry of Finance. For ur information, a country's public policy is divided into two: Fiscal policy and monetary policy. While the Min. of Finance controls the fiscal policy (which include managing the govt's expenditure and reveniue to achieve macro economic goals), the monetary authority (CBN in our case) manages the monetary policy which includes managing the value of the country's currency.
And before u rush out to say that CBN is under the Min. of Finance, I refer u to the CBN Act. of 2005.
As for ur comments on the achievements of NOI, you appear to me as one of these "professional personal assistants" to the sacked ministers whose jobs are threatened by the likes of NOI.

For those humming and fussing about Mr Uchenna Osigwe's opinion-article,their actions does show some level of intolerance for other peoples views.

It is glaring from the insults some on this forum have hauled at the author which to me shows the naked exultation of illiteracy on their part. The irony here is, why can't people share ideas, opinion and disagree without dehumanizing or use of languages that are loaded with malicious intent? What gives? Where is the civility and decorum that is expected of grown-ups? What has the author said that irate some to a level were in indecency is used as a bulwark to undermine his views?

I take these actions by these individuals to mean either they lack the cerebral wit to decipher what the author's assertions are or they simply went berserk due to the name of Ms Ngozi Okonjo Iweala (NOI)being the subject "character" in the opinion piece article.

What the heck is wrong with Nigerians. This lady Ngozi who doesn't miss too many meals have been finance minister before. What did she accomplish, nothing? She made sure her paymasters were taken care of. She paid them $13 billion.

Nigeria is 'swimming' in lotsa cash at this point. This is not the time to have any serious close ties with the world bank.

Ngozi is nothing. If she was, her white masters will not even give her a chance in hell. She is weak, a female and probably not very bright. Tripple combo that the white man will pay top dollars any day for.

All of you muthafuckers should shut your stinking mouths up. GEJ mumu husband of 'Umbllera' carrying Patience.

I enjoyed the article but could not read it to the end. Its like a good meal that you don't want to eat. Here's the reason: you write well but I doubt if you read and listen well. You write well but I doubt if you know what you are writing about.You seem to be absent on issues and present on sentiments and ignorance. Its a shame that you still expect development like salvation from heaven. Even salvation is not free, it is worked out! Its also a shame that you can not seperate individual success from institutional challenges.In a long time I have not seen such a deliberate effort at mudslinging by all means. When are we going to celebrate our heroes or heroines? Guys like this writer should be counselled and not published.I honestly think and suggest that knowledge should precede pride and ignorance.

You can abuse the author all u like, it does not change history one bit. Western economic model which Ngozi is versed in is not in the interest of nations like Nigeria. As one south Easterner once said, this world bank and IMF employees are agents of western economic domination.

This is a well wiriiten piece steeped in facts. You may be blinded by idol worshipping of fellow human like you because they have some doctoral degree in some phantom economics irrelevant to your cultural and economic model. Good luck to you sir.

Closing a blind side to sentiment, dis article is pointing us to the direction most pple r not looking. The Western nations sharing our wealth (Oil, mineral resources, cash etc) with us.
To understand this article beta pls read "THE CONFESSION OF AN ECONOMIC HITMAN" by John Perkin.

Let's put down sentiment and fight our common enemy who is not 1 of us but steals from us using our very own people

1s again very luvly write up

Individual opinions on any subject should be respected, be it contrary to your own thoughts. I will not castigate any opinion in any forum, rather I will make my own point in relationship to the subject of discussion or otherwise, so that people can see my point from a different perspective and make their own judgement on whether to support or go against it.

Inasmuch as I do not see the importance of requesting a one paragraph biography on an article's author as you suggested, I would not however, refute your point, even if I am in disagreement because I believe in respecting the opinions of other people.

Please consider this argument closed as I do not intend to debate further.

The writer of this article is plain ignorant of what he is talking about, he must be those Journalist wannabe who must have have been paid to do a hatchet job. It is only fools like the writer who will not appreciate the financial wonders performed by this lady when she served during the time of Obasanjo. The woman brought financial discipline during her time which was why the Foreign Reserves and the excess crude account grew the way it did during that time. Since the last four years, the excess crude account has depleted while the foreign reserves has gone down considerably. It was even Okonjo Iweala's idea to set up the excess Crude account to save for rainy day. Nigeria has never had a finance Minister like that lady in a very long while. Nobody can rubbish what she did for this country.