JUST IN: Adams Oshiomhole Hides In Shame, As Okonjo-Iweala Set To Take Over World Bank

By Post-Nigeria: January 25, 2019 11:58

JUST IN: Adams Oshiomhole Hides In Shame, As Okonjo-Iweala Set To Take Over World Bank

Nigeria’s former Minister of Finance, Professor Ngozi Okonjo-Iweala, has renewed her interest in vying for the post of World Bank’s President.

Okonjo-Iweala, in an interview with Richard Quest, on Cable News Network, CNN, disclosed this in Davos, Switzerland.

She said: “I know that, because I contested the last time in 2012, and many people were asking that question. It is a Shareholder’s decision, and they have to decide how they want it. Someone has to nominate.

“If the right person were to nominate, and if the circumstances are right, and people feel I can do the job, yes!”

When asked if she has declared interest, she said: “No I have not declared my candidacy, you asked a hypothetical question, and I answered it fairly. I am very happy right now, and I just want you to know that I am enjoying life for a change, for a portfolio of what I like.”

Okonjo-Iweala, an Economist, Author, and Entrepreneur, was Nigeria’s first female Finance Minister, and the first female Foreign Affairs Minister.

She was also the first female black Candidate, to contest for the Presidency of the World Bank Group, in 2012.

During her time as a Minister of Finance, she spearheaded negotiations with the Paris Club of Creditors, that led to the wiping out of $30 billion Nigerian debt.

She also initiated processes that helped improve the country’s macroeconomic management, to reduce macroeconomic volatility.

Okonjo-Iweala started out as an intern in the World Bank Group.

After graduation, she returned to the World Bank Group and worked for many years as a Development Economist. She held the post of Corporate Secretary and Vice President.