The loss of the World Bank Presidency by Nigeria’s Finance Minister Dr. Ngozi Okonjo-Iweala, has been attributed to the nation’s weak asset base.
A former President of the Nigerian Institute of Public Relations (NIPR), Bobo Brown, stated this yesterday in Port Harcourt, the Rivers State capital, declaring that there was danger in the land, facing all Nigerians.
Brown sopke as the guest speaker at the 5th Triennial Delegates Conference of the Nigeria Union of Journalists (NUJ), Rivers Council, with the theme: “Attaining Journalism Excellence in a Democracy like Nigeria.”
The conference was chaired by a chieftain of the Peoples Democratic Party (PDP), Prince Tonye Princewill, with the Oba of Ogbaland in Rivers State, King Chukumela Nnam Obi, as the royal father of the day.
The guest speaker said: “Nigeria is entering international arena with the weakest asset base, since the nation’s independence in 1960. Okonjo-Iweala paid the price for our weak asset base.
“Okonjo-Iweala is a highly qualified professional, but in the current international arena, you must come with very strong asset base.