A Nigerian, Sunday Iwalaiye has started a petition on
change.org calling on authorities of Yale University to
withdraw the Honorary Degree it bestowed on Minister of
Finance and Coordinator of the Economy, Dr Ngozi Okonjo-
Iweala on May 15th.
Sunday, in his petition stated that Dr Okonjo-Iweala is not
deserving of the honorary degree as the Nigerian economy
has taken a nose dive since she assumed office as Minister
of Finance. A thousand Nigerians have so far signed the
petition.
His petition below
"YALE UNIVERSITY GAVE ITS PRESTIGIOUS HONORARY
DOCTORATE DEGREE TO AN UNDESERVING
NIGERIAN":Ngozi Iweala, the outgoing Nigeria's finance
minister was awarded a honorary doctorate degree by Yale
University on May 15, 2015.
The citation from the Yale University reads:"Ngozi Okonjo-
Iweala, Doctor of Humane Letters. You are a citizen of your
country, your continent, and the world. Shaped by
challenging experiences during your childhood in Nigeria,
you have made social and economic reform your mission.
As Nigeria’s coordinating minister of economic
development and minister of finance, you have tackled
corruption, created a vision and path to long-term economic
stability, and worked to build a culture of transparency. At
the World Bank, you made food security a priority and
provided policy advice and capital for the world’s poorest
countries.
With wisdom, a fierce dedication to doing what is right, and
unflagging energy, you have transformed the economic
landscape of your nation. We are proud to name you Doctor
of Humane Letter" This citation from the Yale University
does not reflect nor represent everything that has happened
under the watch and the supervision of the Nigerian
economy by Ngozi Iweala as the nation's finance minister.
There is no tangible evidence of any economic development
in Nigeria under the leadership of Ngozi Iweala in all reality.
Nigeria's economy is still an oil-dependent economy that is
debt and borrowing ridden as well as 100% consuming and
importing in nature.
Nigeria's debt profile has risen rapidly under Ngozi Iweala
and Nigeria has borrowed over $2 billion in the last four
months alone to pay salaries of the federal and state civil
servants. Our foreign reserves and excess crude oil
accounts have both depleted heavily under Ngozi Iweala.
The recurrent expenditures in the federal budgets reached
the highest levels which made capital development
practically impossible in Nigeria under Ngozi Iweala.
The board of regents of this ivy league school missed it
completely by awarding their prestigious honorary
doctorate degree to an undeserving Nigerian in all truth,
honesty and reality. The Nigeria's economy has remained
the same under Ngozi Iweala without any evidence of its
diversity from oil.
The Nigerian Naira crashed to its lowest value in its history
under Ngozi Iweala. The true picture that Yale University
missed is the fact that the economy of Nigeria has almost
grounded to its final halt today which will makes its a
daunting task for the incoming administration of General
Muhammadu Buhari to meet its campaign promises.
The menace of official corruption and financial scandals
have both reached their peaks in Nigeria under Ngozi
Iweala. A central bank governor was fired for disclosing
that $20 billion was missing from the federal coffers and
this allegation was investigated in a shady and questionable
manner. The oil subsidy scam that cheated Nigeria's tax
payers of trillions of Naira was coordinated and supervised
by Ngozi Iweala.
The culture of official corruption and state resource
mismanagement were both honored, celebrated, protected
and defended under the leadership of Ngozi Iweala as the
supervising coordinator of the Nigerian economy. To give a
honorary doctorate degree to an undeserving Nigerian by
this world's reknown university is the biggest slap on the
faces of the 180 million Nigerians in 2015. I am using this
social medium to appeal to the board of regents of this
prestigious university to withdraw this honorary degree that
they awarded to this Nigerian immediately and without any
further delay for the sake of posterity
0 comments :
Post a Comment