Friday, July 15, 2022

USA Africa Dialogue Series - Lest We Forget

Okonjo-Iweala as Minister of Finance advised the then Nigerian President, Goodluck Jonathan to establish a "Sovereign Trust Fund" to save the excess receipts from crude oil sales "for the rainy day". 

Jonathan agreed but the state governors then refused, because they own 60% of what was to be saved.

The "Nigerian Governors Forum (NGF)" with Rotimi Chibuike Amaechi as Chairman went to court and got a favourable judgement that killed the proposed "Sovereign Trust Fund".

The excess receipts from the crude oil sales were shared as received and squandered by the State governors.

Then, religion, ethnicity and political differences did not divide them, they were rather united by their usual desire to shortchange the masses of Nigeria, who they know have short memories.

Thank you all for your time.

-Chidi Anthony Opara.

Chidi Anthony Opara is a Poet, IIM Professional Fellow, MIT Chief Data Officer Ambassador and Founder/Publisher of,

Listserv moderated by Toyin Falola, University of Texas at Austin
To post to this group, send an email to
To subscribe to this group, send an email to
Current archives at
Early archives at
You received this message because you are subscribed to the Google Groups "USA Africa Dialogue Series" group.
To unsubscribe from this group and stop receiving emails from it, send an email to
To view this discussion on the web visit

No comments:

Post a Comment

Vida de bombeiro Recipes Informatica Humor Jokes Mensagens Curiosity Saude Video Games Car Blog Animals Diario das Mensagens Eletronica Rei Jesus News Noticias da TV Artesanato Esportes Noticias Atuais Games Pets Career Religion Recreation Business Education Autos Academics Style Television Programming Motosport Humor News The Games Home Downs World News Internet Car Design Entertaimment Celebrities 1001 Games Doctor Pets Net Downs World Enter Jesus Variedade Mensagensr Android Rub Letras Dialogue cosmetics Genexus Car net Só Humor Curiosity Gifs Medical Female American Health Madeira Designer PPS Divertidas Estate Travel Estate Writing Computer Matilde Ocultos Matilde futebolcomnoticias girassol lettheworldturn topdigitalnet Bem amado enjohnny produceideas foodasticos cronicasdoimaginario downloadsdegraca compactandoletras newcuriosidades blogdoarmario arrozinhoii sonasol halfbakedtaters make-it-plain amatha