Thursday, May 28, 2015

You mismanaged our economy, Oshiomhole tells Okonjo-Iweala on may 28,

By Simon Ebegbulem

BENIN—Governor Adams Oshiomhole of Edo
State has accused the
Minister of Finance and Coordinating Minister of the Economy, Dr.
Ngozi Okonjo-Iweala, of mismanaging the nation’s economy in the
last four years and feeding Nigerians with half-truths.
Oshiomhole, in an article in which he review the nation’s economy in
the last four years, said Okonjo-Iweala ran the Excess Crude
Account as a one-man show, adding that her recent outcry that oil
marketers were falsifying subsidy claims might have been done in
fear of the incoming president, Muhammadu Buhari.
Oshiomhole
The governor said: “As the country transits from one democratic
dispensation to another, there is no gainsaying the fact that the
state of the nation’s economy is the focal point, especially with the
unending fuel scarcity which is gradually grinding the nation to a
halt. No doubt, the best person to explain the state of the economy
today is Dr Okonjo-Iweala, Minister of Finance and Coordinating
Minister of the Economy, whose management of the nation’s
resources these past four years has elicited different reactions from
Nigerians.
“As a member of the National Economic Council, I had spoken out at
different times at NEC meetings and even in public on the way the
economy was managed under Dr Okonjo-Iweala. Again, I want to
share my views with the public on some of the issues affecting the
Nigerian nation.
“Recently, Okonjo-Iweala has been all over the place, pointing in the
wrong directions and blaming everybody but herself for the parlous
state of the Nigerian economy. Coming after her deafening silence
on the Pricewaterhouse Coopers, PwC, audit of Nigerian National
Petroleum Corporation, NNPC, crude oil sales and receipts, which
revealed massive abuse of public trust and stealing of our common
patrimony in high places under her watch and the government she
serves, it is quite intriguing that with barely few days left in office,
she has suddenly woken up from her slumber to realise that oil
marketers have been all along falsifying subsidy claims and
defrauding the nation of billions of naira and dollars.
“This latter day policy activism on her part deserves closer scrutiny
and interrogation. Perhaps for fear of the incoming President, Gen.
Buhari, come May 29, 2015, Dr. Okonjo-Iweala is now compelled to
disclose to Nigerians that a cabal is holding the country and the
government to ransom. Beside the abuse of the subsidy regime, we
will insist that Dr. Okonjo-Iweala also comes clean on some other
critical issues that demand accountability from her and her office.”

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