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How Me & IMF MD Were Locked Out Of Presidential Villa!— Okonjo-Iweala

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Home Entertainment

How Me & IMF MD Were Locked Out Of Presidential Villa!— Okonjo-Iweala

Kemi Ashefon by Kemi Ashefon
7 years ago
in Entertainment, Featured, General, Lifestyle, News, Politics
Reading Time: 2 mins read
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How Me & IMF MD Were Locked Out Of Presidential Villa!— Okonjo-Iweala

Ngozi Okonjo-Iweala

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Former Minister of Finance, Dr. Ngozi Okonjo-Iweala’s book has continued to spew controversies.
In her recently released book, Okonjo-Iweala revealed how she and the Managing Director of the International Monetary Fund (IMF), Madame Christine Lagarde, were locked out of the Presidential Villa by a very powerful aide of former President Goodluck Jonathan.
In the book titled “Fighting Corruption is Dangerous: The Story Behind the Headlines”, she said she became a target of powerful interest after she got approval from the then president for port reforms.
Excerpts from the book below:

“During my second month in office in September 2011, the issue of port congestion was brought to the attention of the Economic Management team by members of Nigeria’s organised private sector, especially the Manufacturers Association of Nigeria (MAN) as a serious impediment to doing business. Importers were irate about a Cargo Tracking Note (CTN) regime which they argued added costs to them for duplicate services. They said that their cargos were already being tracked by the Nigerian Customs Service (NCS) from origin to destination, so then; there was no reason for the Nigerian Ports Authority (NPA) to collect this charge. Upon enquiry, we learned that charges totalled about $6 million a year, so this was consequential. I had never seen this money remitted to the treasury and, in fact, had not known of the existence of the CTN. We recommended that the CTN be abolished immediately.
On October 14, 2011, the Minister of Transport and I sent a memo to the President that outlined the short, medium and long term problems of Nigeria’s ports, proposed solutions and requested approval for implementation shortly thereafter. Then the problems began. I received an anonymous text telling me the port reforms were bad and harmful and I should rescind them. I learned that some agencies such as the Standards Organisation of Nigeria (SON) and others that had been told to develop alternative collaborative arrangements with the Customs to take care of their responsibilities while staying out of the ports were not happy and were lobbying to be let back into the ports.
About six weeks into the implementation of the port reforms, in early December 2011, I received a message that a top-ranking presidential aide wanted me to stop by his office anytime I was in the Villa.

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