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Finance Minister Debunks Resignation Rumour

The Minister of Finance and Coordinating Minister for the Economy, Dr Ngozi Okonjo-Iweala, has denied the rumour circulating about her purported resignation. This was done … Continue reading Finance Minister Debunks Resignation Rumour


The Minister of Finance and Coordinating Minister for the Economy, Dr Ngozi Okonjo-Iweala, has denied the rumour circulating about her purported resignation.

This was done in a statement signed by the Special Adviser to the Minister of Finance and Coordinating Minister for the Economy, Paul Nwabuikwu.

The statement read: “It has come to our attention that a story is circulating online about the purported resignation of the Minister of Finance and Coordinating Minister for the Economy, Dr. Ngozi Okonjo-Iweala.

“For the avoidance of doubt, this story is not true.

“The Finance Minister is still in place and assures Nigerians that all will be done to ensure that macro-economic stability is maintained through tight fiscal and monetary policies.”

The rumours started following the suspension of Mr Sanusi Lamido Sanusi from the position of the Governor of the Central Bank of Nigeria (CBN) on Thursday, February 20.

Meanwhile, Dr Okonjo-Iweala had spoken to journalists on Thursday, following the suspension of the CBN Governor, and she assured Nigerians of stability in the macro-economic framework of the country.

The Minister also announced plans to tighten Nigeria’s monetary policy, which according to her, would guarantee a robust economy.

She asserted that “our objective remains to maintain macro-economic stability”, adding that this “has been the hallmark of this government and administration.”