Monday, May 11, 2015

Nigeria's economy won't collapse - Okonjo-Iweala

Minister of Finance, Dr. Ngozi Okonjo-Iweala, on Sunday night said that despite the various challenges facing the country, the national economy will not collapse.
The minister, in a statement issued by her Special Adviser on Communications, Mr. Paul Nwabuikwu, said this during a chat with some journalists.

In the statement, she said that the administration of President Goodluck Jonathan had put in place solid economic legacies for the incoming government, noting that allegations that the economy was in ruins were untrue.

She said, “Despite the economic challenges the country is facing, the Jonathan administration is leaving some solid economic legacies for the incoming Buhari government. So, the allegations that the economy is in ruins are absolutely untrue.
“Attempts to rewrite history will not stand. You cannot just wipe the slate clean for political reasons. We are not perfect but no one can take away the fact that we are leaving some good legacies behind.”

Punch reported that the minister also advised politicians and opinion leaders not to denigrate the economy because negative and false comments on the economy could have negative impact the economy, the exchange rate, the stock market and reduce investor confidence.


  1. What legacies if I may ask?

  2. Yimu, deceive yourself not us