Ngozi Okonjo Iweala spearheaded negotiations with the Paris Club of Creditors leading to the writing off of US$30 billion of Nigeria’s debts including the outright cancellation of US$18 billion. She it was who instill the “save for the rainy days” culture in governance in Nigeria by midwifing efforts that led to the birth of the Excess Crude Account.
While serving as Nigeria’s pioneer female finance minister, Dr. Okonjo Iweala took transparency to higher levels by publishing states and local governments’ monthly financial allocations on national dailies. She it was who gave Nigeria the triplet financial platforms (namely Government Integrated Financial Management and Information System GIFMIS, Integrated Payroll and Personnel Information System- IPPIS, and the Treasury Single Account-TSA) that curtailed corruption in government’s financial administration and management. IPPIS alone saved Nigeria US$1.25 billion by blocking 62,893 ghost workers from the system.
Ngozi Okonjo Iweala will forever be remembered for the establishment of Nigeria Mortgage Refinance Corporation (NMRC), and the thousands of jobs created through the Growing Girls and Women in Nigeria Programme (GWIN) and Youth Enterprise With Innovation (YOUWIN), the latter being acclaimed by the World Bank as one of the most successful of it’s kind, globally.
Under Okonjo Iweala, Nigeria’s economy was rebased (the first time in 24 years) leading to the emergence of our economy as the largest in Africa.
The list is endless.
God blessed Nigeria with great and intelligent minds, but the political class prefers to destroy the country with incompetence, lies, nepotism, religious and ethnic bigotry.