Daily Trust (Abuja)

Nigeria: Foreign Reserves - Ezekwesili Should Apologise - Presidency

The House of Representatives has mandated its committees on Finance and Appropriation to investigate allegations and counter allegations by the ... ( Resource: Reps To Probe Ezekwesili's Allegation

A presidential aide, Doyin Okupe, has described the call by the former Vice-President of the World Bank, Obiageli Ezekwesili, for a national debate with the Minister of Information, Labaran Maku, on the state of the country's foreign reserve as diversionary.

He said in Abuja that Ezekwesili has goofed and should show dignity and be honourable enough to retract her statement and apologize to the government.

Ezekwesili recently accused the government of late President Umaru Yar'adua and that of Goodluck Jonathan of collectively squandering a total of $67 billion from the country's foreign exchange reserves.

Maku promptly debunked the allegation, saying the claims lacked verifiable facts. This prompted Ezekwesili to challenge Maku to a public debate. But Okupe said that figures obtained from the CBN indicated that Ezekwesili lied by publishing false figures.

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InFocus

Nigeria to Probe Alleged Misuse of Reserves

The House of Representatives has set-up a committee to investigate into alleged squandering of U.S.$67 billion of foreign reserves and excess crude account by the governments of ... Read more »