The Minister of Finance, Dr Ngozi Okonjo–Iweala, has stated that Nigeria is not broke as being reported in the media while stating the government is doing everything within its power to ensure economic stability in the country.
Coordinating Minister of the Economy and Minister of Finance, Dr. Ngozi Okonjo-Iweala
Okonjo-Iweala, who stated this on Tuesday at the 2014 Ministerial Platform said in spite of the reduction of oil price in the international market, Nigeria has managed to keep things going, according to NAN.
According to Okonjo-Iweala: “It is like people are trying to force Nigeria into brokerage. Nigeria is a country that depends on a stream of income”.
Minister of Finance and Coordinating Minister of the Economy, Dr. Ngozi Okonjo-Iweala has said that presently, government had been budgeting below the existing oil price to help build buffers in case of uncertainty.
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“We are operating an economy that depends on a product that fluctuates with oil price and we don’t have the right to control the price”.
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