Okonjo-Iweala illegally transferred N6.4bn funds recovered from Abacha to office of Dasuki – Report

It was gathered that, “The immediate past Minister of Finance, Ngozi Okonjo-Iweala, illegally approved the transfer of at least N61.4 billion ($300 million and £5.5 million) from funds recovered from late dictator, Sani Abacha, to the Office of the National Security Adviser, Sambo Dasuki, few weeks to the 2015 presidential election…”

Since the issue of the alleged $2bn loot recovery by this present administration came to the fore, Nigerians have been grossly entertained by the principal actors in the macabre dance that would have probably been fit for Nollywood but which unfortunately happens to be “based on true life stories”. It is spinning into a long series (or is it seasons now?) especially by the protagonists of the State who are overzealously bent on acting out a script in order to receive lead roles in other subsequent movies as written by the democratic dictator, the writer, director and producer of the movies.

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The question of the role of former Minister of Finance and Coordinating Minister of the Economy, Mrs Ngozi Okonjo-Iweala in Jonathan’s administration has again gotten the attention of this writer. Let us be quick to admit the fact that like all mortals, Ngozi has her own faults too. This writer thinks her fault perhaps was her being too professional in her job. Before you crucify me, let me explain what I meant by my last statement. This write-up is about the role of professionals in government which must lead us to confront the prevailing and competing conceptions of governance as well as to examine what we understand to be professionals in government.

We live in a society that typically compares professionals in government to politicians in government. We seem to entertain a false dichotomy between professionals who are credited with expertise in public policy and the mechanics of governance on one hand, and on the other hand politicians who are often perceived as mere jobbers trawling through public life for position and power, and who are mainly motivated by the possibilities of self-aggrandizement.

okonjo iweala

While a problem-solving ethic is attributed to professionals, politicians are seen as Janus-faced, opportunistic and self-serving. The devaluation of public service and politics owes something to this perception. This popular perception has made it difficult to understand and mitigate the often unhealthy rivalry that exists between these two important cadres of public officials who are supposed to be operating collaboratively in the public space for the common good.

The origin of the commonly held concept of professionals or technocrats in government can be traced back to the mid-1980s when technocrats supported by Western donors and the Bretton Woods institutions, came to power in a number of African nations. The belief in these financial institutions was that these technocrats in African governments, being impartial empiricists, would unsentimentally deliver sustained economic growth and development through trade liberalization and structural adjustment programmes, thereby bringing about political stability and economic growth.

The failures of the policies of that era owe largely to the fact that while the technocrats enjoyed foreign backing, they had little local support because they were ill-prepared to manage the expectations and frustrations of the people who were reeling under the effects of structural adjustment programmes and other anti-people policies of that epoch. The failings of the technocrats brought their inadequacies to the fore and showed them to be professionals who were experienced and skilled in the technical requirements of their jobs but who lacked the know-how in people management needed to succeed in public office.

If the problem most people have with Madam Ngozi is being highly professional, then I suggest they purge themselves of professional phobia. There is nothing so far in the whole affair now linked with the Jonathan’s administration.




  1. EFCC can do nothing to her. She did no wrong. It was her mandate to mope up funds for security, how it was eventually looted was not her business, period. She was a technocrat who served her country well. Abacha’s loot was part of funds available for her. Take her to court if you trace any dubious money into her account.
    Noise makers.

  2. Do not judge let the arm of government investigate if found guilty then she has a case to answer,until then. You who are making noise who knows what you are doing in your own office/business.
    God will save us in this Country. Iya oni gele ara if what they are saying is true you have a case to answer.

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