Tag Archives: Ngozi Iweala

For profligate, corrupt Nigeria, oil shock may bring the party to a crashing end – Tola Adenle

December 2, 2014


“ … it [debt relief] will be like a second independence … giving us the freedom to focus …something our children will appreciate …” Ngozi Iweala. On paying off all Nigeria’s old debt during retired General Obasanjo’s presidency. When Nigeria struck it rich in the very early 70s several years after oil was first discovered […]

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The World Bank’s reason for lending to Nigeria is its knowledge that funds will be squandered! – A reader’s reaction

April 4, 2013


Dr. Iweala’s loan-seeking continues as credit & pan-handling – igba bara – (grants) totaling about $1.7 billion top ministerial agenda Tokunbo Ajasin Says: April 4, 2013 at 4:49 am eThe truth is that Okonjo-Iweala is an agent of the World Bank just doing her master’s bidding. This is neo-colonialism at its best. The world Bank […]

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An iconic picture from last year’s ambush of Nigerians on the “fuel subsidy” scam

February 8, 2013


aje ke l’ana omo ku l’oniHOW much make we tell Nigerians for petrol price “The town’s witch gave the devil’s cry yesterday, a baby lies dead today” is the closest translation I can supply for this Yoruba proverb. TOLA.

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But financial meltdown is already here! – Tola Adenle

July 6, 2012


[With rumblings around the financial world that a repeat of the not-distant past may be upon us again, and with Nigeria’s economy in shambles despite tons of money from oil, here’s an essay that wondered at the statements and actions/inaction of those who were paid to mind the Nigerian economy.  TOLA, July 6, 2012.]   […]

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Blogs elsewhere: The debt burden gets heavier & Aso Rock feeding bill remains stratospheric

May 20, 2012


Jonathan Annual Feeding Budget Drops To N910 Million From N1 Billion-.. Blogs elsewhere: Let them eat [cassava] bread Submitted by tola adenle on May 18, 2012 – 22:03. On a more serious note, budgetting 900million naira to feed  a minuscle few while the government is back again on a trip to borrow $9 billion-plus […]

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A Lagos court nullifies [Nigerian] Police feudal unconstitutional “law” regulating female officers’ personal lives

May 16, 2012


Blogs Elsewhere Dominick Straus-Khan has a civil suit on his hands [Saharareporters] DSK must answer Submitted by tola adenle on May 3, 2012 – 11:13. DSK spent zillions gathering information to humiliate this young African woman despite his history of sexual assaults on many other women thinking he could get away as he’s always done. […]

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Alhaji Bala Mohammed, Nigeria’s Federal Capital Minister, take down THAT Vegas-type sign, p-l-e-a-s-e! Tola Adenle

April 27, 2012


by Tola Adenle This title is similar to late President Ronald Reagan’s Russia’s “President Gorbachev, bring down this wall”! which he proclaimed to a screaming audience at the West Berlin Wall.  The Vegas Style Sign When I first read the story of the naming of an Abuja District after Dr. Jonathan the sitting president of Nigeria, […]

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Dr. A. Ajetunmobi comments on “Geopolitical stakes in Nigeria: Curious role of the IMF” by Frederick William Engdahl

February 19, 2012


AO Ajetunmobi Submitted on 2012/02/18 at 3:04 pm The IMF has twenty-four directors, each of whom represents a different global constituency—Nigeria is a constituent part of the IMF. However, whether or not the IMF was instrumental in the removal of the oil subsidy, the fact remains that most countries with current account deficits tend […]

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When Her Imperial Majesty, the Honorable Christine Lagarde,IMF M.D. came to town

January 16, 2012

1 Comment

by Tola Adenle in another Fly-on-the-Wall commentary “The people running things. CBN Governor, Sanusi Lamido Sanusi, IMF boss Christine Lagarde (centre) and Nigeria’s Finance Minister Ngozi Okonjo-Iweala in Nigeria…” – Linda Ikeji’s of her eponymous blog wrote of the picture below.  For full copy, check out ================ Thanks, Ms. Ikeji. I like the full […]

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