VIDEO: What Okonjo-Iweala Actually Said About Gov’t Savings Under Jonathan

VIDEO: What Okonjo-Iweala Actually Said About Gov’t Savings Under Jonathan [WATCH]

By Anita Sunday | Society Reporter on April 17, 2016
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Okonjo Iweala, Appointment, Commonwealth, London
FILE: Ngozi Okonjo-Iweala, managing director at the World Bank, participates in a panel discussion at the Clinton Global Initiative, in New York, September 23, 2009. | Reuters/Chip East

Dr. Ngozi Okonjo-Iweala has been in the news for a comment she made in her speech on the topic, Inequality, Growth and Resilience at an economic conference held at The George Washington University in the US.

She spoke on African economies and what policymakers can do to ensure that the growth experiences in African economies are more resilient.

RELATED: I Did Not Indict Jonathan Over Low-Savings, It’s APC Governors I Referred To – Okonjo-Iweala

She was quoted as saying that there President Goodluck Jonathan lacked the political will to save. But she has denied indicting President Jonathan for the lack of will to save and said that it was governors of the All Progressives Congress (APC) who pushed for expenditure of excess crude funds instead of savings.

You may watch the video below which was recorded on April 13, 2016 and shared on the website of the International Monetary Fund (IMF). The relevant portion begins at 44 minutes.

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