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| Obasanjo |
Former President Olusegun Obasanjo has given an insight into
why former Minister of Finance Dr. Ngozi Okonjo-Iweala was less effective under
the immediate past administration of Dr. Goodluck Jonathan. Dr. Okonjo-Iweala’s
tenure has turned out to be highly controversial, with the former Central Bank
of Nigeria (CBN) Governor Charles Soludo accusing her of running the economy
aground. Besides, Edo State
Governor Adams Oshiomhole insists the former Coordinating Minister for the
Economy should explain how US$1.2billion Excess Crude Account cash was spent.
Dr. Okonjo-Iweala
maintains that she did her best.
Obasanjo, in an interview
with the online publication PREMIUM TIMES in Abeokuta, the Ogun State capital, spoke
on some of the key decisions he took while in office, his relationship with
some key political figures, his book My Watch and the Halliburton
bribery scandal.
He said Mrs.
Okonjo-Iweala performed better under him because he understood her weaknesses and
managed them well.
He said the former World
Bank president liked to always have her way, adding: “If I am the one in
charge, then it has to be what I see as what is in the best interest of the
nation”.
Obasanjo added: “Take
Ngozi (Okonjo-Iweala), who worked for me. And who worked competently for me.
Because I know Ngozi’s weaknesses, but I know her strong points. Her strong
point is technical competence. But Ngozi needs to be led and to be supervised.
Now will you comment on Ngozi who worked for me as the same Ngozi who worked
for Jonathan? Will you? But it’s the same person.
“She derailed because….
when Jonathan even said he wanted her, I said ‘I hope you can manage her.’ And
Ngozi herself sent me a text (and) I told her times have changed.”
On what made him remove
Mrs. Okonjo-Iweala as finance minister, Obasanjo said: “I said I’ve
touched reform. I’ve touched almost everywhere except Ministry of Education and
Ministry of Foreign Affairs. So one day, I was in my office and the Head of
Service, Yayale (Ahmed), came in. He said ‘look, you are looking not happy,
what is the matter?’ I said I am worried about two ministries and the ministers
who can do the work I wanted to be done there in these two ministries are
already doing good work where they are. And he said ‘talk let me see.’ I said
education and foreign affairs. And he said ‘who are the ministers that you
think can do the job.’ I said Oby (Ezekwesili), Ngozi, and El-Rufai. He said
‘what is Oby doing for you now?’ I said Oby is doing Solid Minerals. He said
‘Sir, in all sincerity, I know you don’t like to rank ministries, but will you
say Ministry of Solid Minerals is as important as Ministry of Education?’ I
said ‘yes, I don’t rank ministries, they are all important. He said, ‘Can’t you
take any of these three to do education and then get somebody else to do solid
minerals?’ So I took Oby there. Now in the Ministry of Finance we had got debt
relief, so I could afford to take Ngozi to Foreign Affairs. That’s all. And
then she had Nenadi (Usman) who was the minister of state. She’s not a buffoon.
And then, which is also part of her weakness, she came to me and said, ‘look’,
since it’s Ministry of Foreign Affairs, she will like to take International
Finance along with it. I said talk to your sister with whom you are working and
I don’t see anything wrong with that provided you work out a relationship. But
she didn’t accord Nenadi the recognition and the consideration that was
necessary. I then said the International finance should go back to Finance and
that happened. She said she couldn’t act. She put in a letter of resignation.
And she had done that before, and before she could come and get people to come
and beg, I announced acceptance (of her resignation).”
On why the refineries are
in a bad shape, Obasanjo said: “Take, for instance, the decision on privatizing
all refineries. I explained that what I met were refineries that were not
working, refineries that were given to an amateur for repairs, for maintenance,
what they call turn around maintenance to the company of Emeka Offor – Chrome
Group. Where has Emeka Offor maintained refineries before? Where has he? That’s
what we met. So, the refineries were not working. I called Shell. I said ‘come
and help us, just run the refinery.’ Shell was frank with me.
“It said that ‘we make our
money from upstream, downstream; is more of a service. Two, your refineries are
small. Port Harcourt is 60,000 barrels a day. Refineries now go 300,000 barrels
a day. Three, your refineries have not been maintained well. Four, we don’t
want to go into the corruption that is entailed in all these’. I said ‘ok, come
and help me run it’. They refused. Now when I then saw people who agreed to
take 51 per cent equity in two of the refineries; they did not promise to pay,
they paid $750 million, I was dancing and I said ‘look, this is God-sent.’ My
successor came (and) they cancelled it and paid them the money back. Those
refineries today – you won’t get them because they’ve become scrap.”
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