President-Elect Buhari Blames Okonjo- Iweala For Nigeria’s Financial Situation, Says He Will Force Ministers to Declare Assets



While speaking to Sahara TV recently, President elect

General Mohammadu Buhari revealed on how he plans to

deal with corruption, the government’s finances, Boko

Haram, and Nigeria’s economy. Most notably he blamed

Minister Iweala for the financial situation in Nigeria, and

that he will make his Ministerial appointees declare their

assets to the public.

When asked about statements from Minister of Finance

Iweala on the fiscal conditions and government spending in

Nigeria, President-Elect Buhari told SaharaTV that

“I’m afraid the Finance Minister has no cause to

complain because the governors cannot force the

central government to act outside the


President-Elect Buhari firmly stated that

“all those that were governors, ministers,

permanent secretaries, head of foreign staff and all

those with political appointments will have to

declare their assets on the assumption of their

appointment and definitely with the courts. And

once they leave they have to re-declare their

assets.” He said this would ensure greater

accountability among public servants.

However, he did tell SaharaTV that he does not plan to

interfere with the judiciary and whatever action it may take

pursuing corrupt public officials. He stated that his

administration would not “become embroiled in

investigating every ministry, then the government will not

have time to move forward.”

On the contentious issue of Oil Block ownership in Nigeria,

and an equitable distribution of the country’s wealth, he

suggested that partisan politics in Nigeria is the cause of

inequitability in the oil sector. President-Elect Buhari

claimed that he wanted to professionalize the oil sector in

Nigeria. He said that the “proliferation of oil fields to

people who don’t even know what it is, is one of the

messes partisan politics has brought.” Within the equitable

distribution of wealth and job creation for youth, the

President-Elect pointed to the APC manifesto calling for

greater emphasis on mining and agriculture development.

When pressed on rumors that former president Obasanjo

was exercising inordinate influence on Buhari’s

administration he said,

“I think that people have to accept the realities of

Nigeria’s political development. General Olusegun

Obasanjo is the only living Nigerian that led Nigeria

for more than 11 years, so for anybody to think that

General Obasanjo is irrelevant or he was trying to

push his influence over issues, I think is being

uncharitable and not being fair to Nigeria’s political


President-Elect Buhari is now confronted with the challenge

of appointing a ministerial and cabinet team, and he has

stated publicly that PDP defectors should not expect to

receive Minister appointments.

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