Former Nigerian Finance Minister, Ngozi Okonjo-Iweala stated that Nigeria is currently facing economic hardship because there was no political willpower to save during the Goodluck Jonathan administration.
According to the Iweala, during Obasanjo’s administration, the political willpower to save was there but during her second time as Minister of Finance during the Goodluck Jonathan administration, there was zero willpower to save.
The former Minister stated this at a function held recently in Abuja.
During the Jonathan’s administration, there was adequate funds to fund the economy but due to misappropriation of funds, embezzlement and other corrupt practices, the country’s treasury became empty.