Okonjo Iweala, Nigerian Finance Minister Resigns

By 07:06 Sat, 22 Feb 2014 Comments

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.


The minister has responded to

the report from The WILL and have stated

that she will continue in the office of the

minister of finance



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