Ngozi Okonjo-Iweala made headlines when she left the World Bank in July, where she was a managing director and the second-in-command, to become the finance minister of Nigeria. While it shocked some supporters who saw her as a contender for the Bank’s top job, it also brought a sense of deja-vu. From 2003 to 2006 she served as finance minister of Nigeria under President Olusegun Obasanjo, whose administration was known for liberalizing the Nigerian economy, building close ties with the U.S. and closer ties with prominent Nigerian businessmen. Okonjo-Iweala’s main achievement was to secure a debt write-off of $18 billion from Nigeria’s creditors
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Source: talkofnaija
