Nigerian Finance Minister Ngozi Okonjo-Iweala said an independent auditor should examine the country’s oil accounts clear up allegations that the state petroleum company hasn’t accounted for all its revenue. “The best way to get to the truth and reassure Nigerians who have been expressing strong opinions on the issue would […]
Tag: Ngozi Okonjo Iweala
Okonjo-Iweala: Lawmakers’ Assertions on 2014 Budget Faulty
Says borrowing declining, high recurrent expenditure historical The Coordinating Minister for the Economy and Minister of Finance, Dr. Ngozi Okonjo-Iweala, has said the barrage of allegations and assertions against her on the 2014 budget by National Assembly members are not based on facts, stressing that the allegations made by the […]
Nigeria puts $300 million World Bank cash into mortgage agency
Nigeria has put $300 million worth of World Bank aid money into a mortgage-backed guarantee that it hopes will boost lending via the creation of a secondary market, the finance ministry said on Wednesday. Africa’s most populous country and second biggest economy suffers a woeful housing shortage, with somewhere between […]
