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Okonjo-Iweala: My life was threatened for saving Nigeria $3.6bn from ghost workers, oil subsidy scam

seyi by seyi
July 15, 2021
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Okonjo-Iweala

Ngozi Okonjo-Iweala, director-general of the World Trade Organisation (WTO), says her life was threatened for saving Nigeria huge sums of money from oil subsidy scam while serving as the country’s finance minister.

Okonjo-Iweala served as finance minister under the administrations of former Presidents Olusegun Obasanjo and Goodluck Jonathan.

Speaking during an interview organised by Atlantic Council, a United States think-tank on international affairs, on Tuesday, the WTO DG said her life was threatened for doing her job.

Okonjo-Iweala said during Obasanjo’s administration, she worked to ensure renegotiation of Nigeria’s debt in the international community.

She said Nigeria was indebted by $30 billion to the Paris Club with a debt service of $2 billion a year, of which the country could only pay $1 billion.

The former minister said the country’s debt was later systematised with the help of good reforms.

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