Oshiomhole Suffers Numerical Diarrhea – Okonjo-Iweala

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Oshiomhole

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Okonjo-Iweala says that Governor Adams Oshiomhole is suffering from a later malaise known as numerical diarrhea after he alleged again that she spent $1 billion out of the Excess Crude Account to fund the re-election of former President Goodluck Jonathan

NGOZI Okonjo-Iweala, former minister of finance, is of the view that Governor Adams Oshiomhole of Edo State is suffering from numerical diarrhea. Okonjo came up with this diagnosis in the wake of the allegation by Oshiomhole that she spent $1 billion out of the Excess Crude Account to fund the re-election bid of former President Jonathan.

Paul Nwabuikwu, media adviser to Okonjo-Iweala issued a statement, on Monday, July 13, saying the governor’s allegation “is the kind of ludicrously false statement that has unfortunately become Oshiomole’s trademark in his public campaign of falsehood against” her.

“The statement is just another example of the numerical diarrhea that seems to have afflicted His Excellency in recent times in his effort to damage the reputation of the former minister. He has, within the last few months, asked Dr Okonjo-Iweala to explain all kinds of totally wild and unsubstantiated figures, ranging from $30 billion, $20 billion, $2.1 billion, N720 billion and now $1 billion. To say the obvious, the accusations are totally lacking in credibility,” Nwabuikwu said.

According to him, “Governor Oshiomhole’s published comments also contain other falsehoods. For instance, he quoted Okonjo-Iweala as saying that she and the finance commissioners of the 36 states approved the spending of $2.1 billion out of the Excess Crude Account, adding that the Commissioners had disowned the statement. This is also a complete distortion.

Okonjo-Iweala
Okonjo-Iweala

“Okonjo-Iweala never said the Federation Accounts Allocation Committee, FAAC, approved spending out of the ECA. Rather as the commissioners themselves stated, the former minister of state for finance informed them that former president Jonathan approved the expenditure to end the debilitating fuel queues across the country.

“As Nigerians know, the finance ministry under Okonjo-Iweala regularly published details of revenue allocations from the ECA in national media. So Oshiomhole’s tortured “calculations” based on his “four figure tables” are mere political numbers conjured to achieve a political purpose. Nigerians can see through the elaborate antics,” he said.

Oshiomhole’s latest statement, Nwabuikwu said “like earlier ones, labours to give the impression that the entire FAAC process which involves the federal government and the 36 states of the federation is a personal monopoly of Okonjo-Iweala.

“This is, of course not true. FAAC is a long standing national platform for allocating revenues chaired by the minister of state, finance. The governor’s insistence on pushing this clearly fictional narrative underscores his desperation.

“It is instructive that Governor Oshiomhole is a key member of the committee set up by the National Economic Council to investigate the ECA spending. His continuing attacks against Dr Okonjo-Iweala seem to suggest that he has lost confidence in this platform which he deployed to make some of his initial false and baseless allegations. The Governor does not seem to appreciate that he is undermining the very credibility of the committee.

“Once again, we ask: why are Oshiomhole and his cohorts so ready to sacrifice truth, precedent and decency in this political witch hunt against  Okonjo-Iweala?  We are confident that they will fail because truth will triumph,” he said.

— July 13, 2015, @ 9.50 GMT

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