Former Finance minister Dr. Ngozi Okonjo-Iweala, has said she is not willing to serve in the present administration, even if she is called upon to do so.
Speaking as a guest on Al-Jazeera’s The Stream, Dr. Okonjo said it was better to allow those managing Nigeria’s economy to do the best they could, noting that there could be solutions to the present economic decline in the country.
Asked if she would be open to take position in the current administration, Okonjo-Iweala responding said:
“One of the things you learn as you get wiser is to talk less as you grow older. I have spent my time contributing to the country. It will be better to leave those managing the economy to do what they know how to do. There can be solutions.
“I served my country for seven years and it was a great honor. The second time was very tough but it is still an honor. I am not the only person who is a repository of knowledge. There are other people who can equally try their hands in running the economy.”
Regretting that the economic gains recorded in Africa started eroding a few years ago, the former minister noted that solving macroeconomic question was key to fixing the continent’s economic challenges.
“I am not a typical politician. I went in as a technocrat. I think on the continent we have seen a period when the economy was doing well, in the last two years we have been experiencing challenges.
“We need to focus on the basics which are macro-economics. You must get the fundamentals like having a stable exchange rate and having inflation under control.”
Speaking on how she fought corruption during her time in government, she said:
“It was a very tough fight, I must thank my team, you don’t do it alone, I had the support of an economic team in the Ministry of Finance. It was tough because at the end of the day you need to have some principles.”