I will not serve in Buhari Government - Okonjo-Iweala

I will not serve in Buhari’s Government, even if called upon – Okonjo-Iweala

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Nigeria’s former Minister of Finance, Dr. Ngozi Okonjo-Iweala, has said she would not serve in the government of President Muhammadu Buhari, even if invited.

Okonjo-Iweala said this on Monday during a programme on Al Jazeera, The Stream.

She said this was because Nigeria boasts of competent people.

She said it was better to allow those managing the economy now to do the best they could, noting that there could be solutions to the present economic decline in the country.

Okonjo-Iweala, who served in the administrations of former Presidents Olusegun Obasanjo and Goodluck Jonathan for seven years, said: “One of the things you learn as you get wiser is to talk less as you grow older.

“I have spent my time contributing to the country.

“It will be better to live those managing the economy to do what they know how to do.

“There can be solutions.

“I am not a typical politician.

“I went in as a technocrat.

“I think on the continent we have seen a period when the economy was doing well.

“In the last two years we have been experiencing challenges.

“We need to focus on the basics, which are macro-economics.

“You must get the fundamentals like having a stable exchange rate and having inflation under control.

“I served my country for seven years and it was a great honour.

“The second time was very tough but it is still an honour.

“I am not the only person who is a repository of knowledge.

“There are other people who can equally try their hands in running the economy.

“I will advice young people not to wait for employment.

“They should create jobs to employ six people or more.

“During my time in government, we had a programme called ‘You Win’ designed to support young entrepreneurs.

“The whole idea was to have a business plan competition.

“The idea was that they should create jobs.

“And each created nine to 10 jobs.

“The World Bank did an evaluation of it and found it good.

“I do believe that the government should come in.

“We started a peer to peer mentoring.

“Now, one of the things I want to say is that creating employment is not only about struggles, it is about managing success.”

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2 thoughts on “I will not serve in Buhari’s Government, even if called upon – Okonjo-Iweala

  1. Ogbu Nwaeya

    PMB will never ask for Okonjo iweala’s advice on how to manage our economy because under her watch as finance minister,Billions of dollars of tax payers money was lotted from treasury.
    If by her own admission the economy has been slowing down over the past two years,why should we heap all the blames on the current leader who is just over a year old in office.
    While she was busy telling who ever cares to listen that the fundamentals of our economy was very strong,Govt was already borrowing to pay salaries.Still some of our people with their PDP mentality are wrongly blaming PMB and APC for everything that is wrong about us.

  2. Tayo Patriot

    There was no economy during the period of Okonja Iwela. Nigeria was merely selling oil which was at a good price then. The agriculture and manufacturing sectors were not developed. The naira exchange rate was a reflection of the high oil price then and not an indication of a well managed economy. The problem we have today is mainly because our economy was not diversified away from crude oil by the past regimes. The change we expect from this government is diversification into agriculture and solid minerals miming.

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