Saturday, October 12, 2013

Okonjo Iweala denies saying Nigeria will shut down – 2013 budget

Ngozi Okonjo-Iweala, coordinating minister for the economy and minister of finance, has denied that she said the Nigerian economy will shut down by September if the National Assembly failed to pass the President Goodluck Jonathan’s amendment proposals to the 2013 budget.
She insisted that the economy is strong, robust, and that despite what she called “short term challenges”, due to oil theft, the government was focused on resolving the problem and soon the several pipelines that have been shut down will soon be restored to their full capacity.