NGOZI IWEALA-OKONJO SITS ON SOUTH AFRICAN HIGHEST ECONOMIC BODY – TO GET OUT OF ECONOMIC RECESSION


Former International Monetary Fund (IMF) Vice-President, Nigeria’s Ngozi Okonjo-Iweala last Friday sat on the Board of the South African Economic Advisory Board (EAB) which is a high economic group of the country.

Ngozi, was appointed on the Board as member by the South African President, Cyril Ramaphosa who is the chairman of the group himself and the group is to run the economy of South Africa which has entered into its second recession for three years.

The former Nigeria’s Finance Minister sat with others at the second council meeting held at Tshawana.


“The council is a non-statutory and independent body chaired by the President and brings together prominent economists, and technical experts drawn from academia, the private sector, labor, community, think tanks, and other constituencies”

Ngozi Iweala-Okonjo born 13th June 1954 to Prof. Chukwuka Okonjo of Ogwashi-Ukwu has two children.

Ngozi is an economist and International development expert who sits on the board of Standard Chattered bank, Twitter, Global Alliance for Vaccines and Immunization and the African Risk Capacity.

She was responsible for the successful debt buy back under the Obasanjo regime that made Nigeria foreign debts to read zero level.

Her appointment is a surprise to world political observers who saw Nigeria and South Africa entangled in a naughty political row over xenophobic attacks in South Africa.

- Eniola Olatunji.





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