The immediate past Minister of finance, Dr. Okonjo-Iweala denied media reports that she indicts Ex-president Jonathan for squandering the Nation’s wealth and not saving for the rainy day.

Speaking through her Media Adviser, Mr. Paul Nwabuikwu said while Jonathan tried to save, some governors kick against it and tool the then Federal Government, that the Federal government has no right to compel them to save.

The Statement reads in parts:

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Some recent media reports have distorted comments made by former Finance
Minister Dr Ngozi Okonjo-Iweala regarding how lack of political will
negatively impacted national savings over the past few years.

Contrary to the slant given by these loud headlines, Dr Okonjo-Iweala did
not indict the Jonathan administration in which she served.

Rather, she was referring to what many Nigerians already know: the strong
opposition by some governors to the Jonathan government’s efforts to save
in the Excess Crude Account and the Sovereign Wealth Fund sabotaged this
important national priority.

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The governors’ criticism of Dr Okonjo-Iweala’s many calls for the country
to save for the rainy day are still fresh in the minds of Nigerians.

It will be recalled that this opposition culminated in the Governors taking
the Jonathan government to the Supreme Court in furtherance of their
position that the Federal Government had no right to “compel” them to save.

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Several knowledgeable persons including former Anambra State Governor, Mr
Peter Obi have confirmed these facts.

So the issue of Okonjo-Iweala indicting the Jonathan administration over
this very public issue simply does not arise.

We urge the media to always consult for clarification whenever the need