World Bank Presidency: America’s weight prevails as Okonjo-Iweala is knocked out


The Nigerian Finance Minister, Ngozi Okonjo-Iweala has reacted to her non-nomination as the President of World Bank, explaining that it is no longer new in today’s world that lives on lies and authorised  make-beliefs are the norms.

She said she was not surprised that she lost the post to other candidate  because America’s might would eventually prevail afterall.

She indicated the in today’s world, we all don’t live in a world where fairness, truthfulness  and competence prevail over mediocrity and falsehood.

American nominee Jim Yong Kim has been named as winning the revered post as the next President to see the affairs of the World Bank according to sources within the bank.

Mr. Kim was nominated by United States President Barak Obama last month to replace Robert Zoellick, who has held the position since 2007.

Okonjo- Iweala has been the most popular choice nominated by both Africa and many other finance interest groups across the world. Her nomination and overwhelming support have been seen as a major psychological standoff against the humiliating weight of United States and Europe who have remained as major stake holders dictating the trend of World economic direction and textures.

Ngozi Okonjo-Iweala however surprisingly faced up tp reality of admitting that  she did not really expect to be named to win  the coveted position, knowing fully the politics involved and the weight of the big powers.

She told journalists, “You know this thing is not really being decided on merit…It is voting with political weight and shares, and therefore the United States weight will get it.”

She had put tremendous energy into the effort aimed at returning to the bank as its overall boss, but she tried to put a happy spin on it.  “We have won a big victory,” she said.

“Whoever  gets to run the World Bank – we have shown we can contest this thing and Africa can produce people capable of running the entire architecture.”

With the distraction of the World Bank presidency contest now out of the way, Mrs. Okonjo-Iweala returns back to her current duty post as Nigeria’s Minister of Finance and Coordinating Minister for the Economy, walking tall as a pride of the nation. The contest however has added to her long list of world economic planners of repute records. Now she faces her tasks at home.

World Bank

She has been given the herculean task of reshaping the nation’s economy and salvaging the nation from few human vultures whose efforts have thwarted Nigeria from the ril of greatness through shameful exploitation and selfish manipulation.