Thursday, September 8, 2011

Okonjo-Iweala, World Bank and Country

5 September 2011

Okonjo-Iweala, World Bank and Country
Written by Bisi Olawunmi


Dr. Ngozi Okonjo-Iweala, a former World Bank Managing Director and Nigeria's current finance minister has been generating controversy mainly on whether or not the debt relief she worked to effect during her first coming as finance minister under the Obasanjo presidency could be regarded as an achievement.

Some also question the veracity of the loans, in the first instance, and that as such should have been repudiated, while others simply feel the woman is over rated. There are those who even question her loyalty to the Nigerian nation, insinuating that she owe more allegiance to the World Bank. By extension, does this mean that Nigerians who hold dual American citizenship automatically have greater allegiance to America?

One of the latest articles critical of Okonjo-Iweala's second coming was a two-part series by Dr. Ola Balogun in The Sun newspaper of Monday, August 22, 2011 and Tuesday, August 23, 2011 captioned 'Is Ngozi Okonjo-Iweala for Real" whose peg was my article captioned " Ngozi Okonjo-Iweala and her critics" published in The Sun on August 3, 2011.

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