Create Profile

Creating your profile will enable you to submit photos and stories to get published on News24.

Please provide a username for your profile page:

This username must be unique, cannot be edited and will be used in the URL to your profile page across the entire 24.com network.

Facebook Sign-In

Hi News addict,

Join the News24 Community to be involved in breaking the news.

Log in with Facebook to comment and personalise news, weather and listings.


Finance Ministry denies accusation on military funds

27 May 2014, 11:50Henry Ifeanyi

Lagos - Finance Minister, Ngozi Okonjo-Iweala, has hit back at criticism by a publisher who alleged her ministry deliberately denied the military funds meant for operational expenses.

Sam Nda-Isaiah, publisher of the Leadership Newspaper, who is said to harbor presidential ambitions, had in an article titled, “Okonjo-Iweala vs the military”, alleged that the minister was to blame for the alleged improper funding of the military.

In the rejoinder signed by the Special Adviser to the Coordinating Minister and Minister of Finance,  Paul Nwabuikwu, the ministry said, “Sam Nda-Isaiah is someone that all of us would like to respect particularly since the publisher of Leadership newspaper has declared his intention to run for President under the banner of the All Progessives Congress (APC).”

“But reading the article of May 26, 2014 in which he launched an unwarranted attack on the Coordinating Minister of the Economy and Minister of Finance, Dr Ngozi Okonjo-Iweala, in continuation of the campaign of certain people to pitch the military against the minister makes one very sad.

"It is sad because the article shows a fundamental lack of understanding of how the country’s economy works.”

While chastening the Publisher, the Finance Ministry said someone who wants to run for president like Nda-Isiah should not reduce the debate about the management of the country’s resources and finances to the “pedestrian level” that “Okonjo-Iweala does not want to release money”.

“Nda-Isiah should know that Okonjo-Iweala is not popular in certain circles in Abuja because she does not dish out money for people to share.

“She has never done so and she never will. Being an effective Finance Minister anywhere is not a popularity contest because doing the right things is bound to make some people unhappy.

And the Minister does not mind doing so as long as the interest of the majority of honest, hardworking Nigerians is served and protected," it noted.

–    CAJ News

For the latest on national news, politics, sport, entertainment and more follow us on Twitter and like our Facebook page.


Read News24’s Comments Policy

Comment on this story
1 comment
Comments have been closed for this article.

Read more from our Users

Nigeria @ 56: Words to my green f...

A leader’s job is not to dictate, but rather to be respected, admired and be a trustee, of the land we love, with so much potential, a land which should be freer than free. Its still a long way to fufilling our destiny! Read more...

Submitted by
Isaac Asabor263
Recession: An opportunity for Nig...

The recession should be seen as an opportunity for the country’s promotion as long as we all collectively conduct ourselves in a patriotic manner, writes Isaac Asabor.  Read more...

Submitted by
Black and White

We want to imitate the whites in everything because we are ignorant of our inherent originality and content. We spend all our Naira to acquire his inventions because we so oblivious of our natural endowments that we allow him have it for free. Read more...

Submitted by
Nate Nat
Adamawa State University Mubi: A ...

ADSU integrity forum has accused the Sunday Joshua Wugira, a lawyer, of adopting unorthodox tactics by abusing his privilege by attacking the integrity of ADSU Vice Chancellor Dr. Moses Zira Zaruwa, writes a News24 reader. Read more...

Submitted by
Abdulsalam Jubril
My Country Nigeria (Part One)

Poetry by Abdulsalam Jubril.

Submitted by
Abdulsalam Jubril
Recession, dearth in leadership a...

Every leader has the opportunity to become great and making himself immortal in the lives and hearts of people for generations to come. Will Mr. President seize this opportunity?, questions Abdulsalam Jubril. Read more...