Sunday, June 19, 2011

Okonjo-Iweala accepts to serve in Jonathan’s government

Business Day
17 June 2011

Strong indications emerged yesterday that Ngozi Okonjo-Iweala, current managing director of the World Bank and former minister of Finance during Olusegun Obasanjo’s administration, has finally accepted to serve in President Goodluck Jonathan’s government.

A top Presidency source told BusinessDay on Thursday in Abuja that the World Bank’s managing director accepted the offer last week, on condition that she returns to the Finance ministry to help the government manage the nation’s economy.

The source, who spoke on condition of anonymity, said the president has also agreed to her terms to direct the economic team which the president himself is to chair.

Okonjo-Iweala met with President Jonathan on Thursday at the Plaza Hotel in New York for over an hour before the latter returned to the country after a high level meeting of the United Nations (UN) on HIV/AIDS.

“President Jonathan is happy that Okonjo-Iweala has finally agreed to serve in his government.

Her coming on board will help stabilise the government and with her wealth of experience at the World Bank, the government will enjoy a lot of goodwill from the international community,” the source told our correspondent.

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