Nigerian President Names 24-Man National Economic Team

President Goodluck Jonathan Wednesday named a 24-man National Economic Management Team (NEMT) with the resumption of duty of the Minister of Finance and former Managing Director of World Bank Dr. Ngozi Okonjo- Iweala.

Okonjo-Iweala who was sworn- in by President Jonathan before the commencement of the weekly Federal Executive Council meeting in Abuja will serve as the Coordinator of the Economic Team

Jonathan who named the economic team that would be inaugurated Thursday said he would be the Chairman while Vice President Namadi Sambo would be the Vice Chairman while other members of the team include Ministers of National Planning, Shamsudeen Usman,, Trade and Investment, Olusegun Aganga, Power,Professor Barth Nnaji, Petroleum Resources, Dizeani Allison-Madueke , Agriculture, Dr. Adesina Akinwunmi, Works,Mike Onolememen, Education,Rukiya Rufai and Health, Professor Onyebuchi Chukwu.

Others are Ministers of State for Finance and Health, the Central Bank of Nigeria (CBN) Governor, Sanusi Lamido Sanusi, Chief

Economic Adviser, Special Adviser on Performance, Monitoring and Evaluation, and the Directors-General of Budget, Debt Management Office, Bureau for Public Enterprises, Infrastructure Concessioning Regulatory Commission (ICRC); and Honourary Advisers on Agriculture, Finance, Economy as well as Mr Atedo Peterside.

Speaking after Okonjo- Iweala took oath of office, Jonathan thanked her for accepting to serve especially for not insisting on collecting dollar denominated salary, adding that other African heads of state were wondering how she agreed to return and have been congratulating him for pulling her into his cabinet.

“Let me thank you for accepting to come and serve because considering the position you were holding at the foremost world bank, it is difficult for you to come back to serve as minister in a country. And I am saying this with all pride because when your name was made known and it entered the media, anywhere I go Heads of State and Government, were wondering why you would even agree to come and they were appreciative of me especially the African presidents that I did well to pull you back home to help to solve the African problem because they know your worth in the world Bank.

“Let me also thank the World Bank particularly Robert Zoelick for allowing you to come, for cooperating with us and promising to support us. It is opportunity for us to thank the world bank and also thank the President especially.

“People wonder why we want her back, we want her back not just to manage the ministry of finance but we are opportuned to have her as somebody who is quiet vast in economic issues and we want her back to play a key role in a economic issues in the country”, he explained