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Okonjo-Iweala Narrates Encounter With Ruthless Fuel Subsidy Cabal
This isn’t the first time the idea of petrol subsidy removal would be mooted. The Jonathan administration under which the incumbent Director General of the World Trade Organization, WTO, Dr Ngozi Okonjo-Iweala, served as Minister of Finance and Coordinating Minister of the Economy also had its fair share of mention in the saga.
In fact, former President Jonathan said at that time severally that fuel subsidy was unsustainable and tried unsuccessfully to remove it.
In a video that went viral last week, Okonjo-Iweala is seen narrating how she spearheaded efforts to scrap payment of questionable subsidies and how beneficiaries viciously fought back, culminating in her mother’s kidnapping and demand for her resignation.
She narrates in the video: “My second example has to do with a very specific one in my country, the clean-up of the fuel scarcity regime in 2012 during my second stay as Finance Minister.
“Nigeria has a physically challenging force of fuel regime, the country exports crude oil and imports fuel because their refineries are in a very bad shape and provides a subsidy for the refined oil as support.
“At the end of 2011, a total of N1.73tr, US $11b equivalent, was submitted as claims for subsidy by 143 marketers, who were importing the product.
“These numbers seemed horrendously large compared to what I had last when I was in government in 2006, which was close to $2b in subsidy.
“So, we decided to study these claims. We audited about $8.4b worth of claims and we found out $2.5b worth of fraud. That is, many of these marketers were trying to claim $2.5b fraudulently.
“With the full backing of the President and the Economic Team, we decided that we were not going to entertain these claims or to pay.
“The pressure from affected marketers was tremendous…not only to say we would not pay but also to say we would clean up the whole mechanism for the subsidy claims and put in place something more transparent, something clearer.
“This did not go down well with them. When we insisted on our position of non-payment and implementation of the new verification regime, these, and well-connected interests, were angered, and came to blame me personally for this.
“There were personal consequences. My 83-year-old mother, a retired professor of sociology, was kidnapped by four young men and held for five days.
“She was totally terrified. She asked them why she had been kidnapped and they told her ‘Because your daughter, the Finance Minister, refused to pay oil marketers their dues’.
“The kidnappers, negotiating with my brother, demanded my resignation, publicly; that I should go on television, publicly and announce my resignation and depart from the country as a condition for my mother’s release.
“Needless to say these were some of the worst days of my life. Imagine when you are in a position, you want your parents, all of whom are here with you today, and your relatives to be proud of you. You want to be a source of good for your family.
“You can imagine how I felt, sitting there and thinking, just because of trying to do something right. To implement a policy that was good for the country, to lead to the taking of my mother’s life. These were some of the worst days of my life.
“With my father’s support and the firm resolve of the President, we all decided I should not give in to the blackmailers and I refused to resign.
“Following a manhunt for my mother by security agencies, she was able to make a dramatic escape after five days in captivity, where she was only given water and half of a sausage roll.
“So, here with the well-justified clean up and reform of a policy, but implemented in a dangerous reform environment where the losers in the reform, where the entrenched vested interests decided to fight back to derail implementation.
“The decision not to resign was a very difficult and risky one but, as it turned out, it worked.
“But on my down days, I ask myself, what if it hadn’t? What if they had gone ahead and murdered my mother, as she overheard them planning to do with one of the handlers on the phone? Could I have justified trading firmness on policy and standing up to blackmailers, implementing a good policy for my mother’s life? What decision would you have made?”
As part of efforts to address the long-standing plight of retired civil servants, Edo State Governor, Senator Monday Okpebholo has approved the payment of outstanding gratuities dating back to 2012.
According to a government house statement on Monday, the state government has, therefore, commenced the disbursement of N1 billion as the first batch of payments, fulfilling a commitment to clear the backlog inherited from previous administrations.
Gov Okpebholo emphasized his administration’s resolve to prioritize the welfare of retired civil servants who have dedicated their years of service to the state.
He noted that “For over a decade, many of our retirees have suffered due to the non-payment of their gratuities. This administration is putting an end to that hardship. I have approved the release of N1 billion for the first phase of payments, and we will not rest until all outstanding entitlements are cleared.”
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The Governor reiterated that his administration is committed to restoring the dignity of pensioners by ensuring that they receive their due benefits without further delay.
“We recognize the sacrifices made by our retirees, and it is unacceptable that they have had to wait this long for what is rightfully theirs. Our administration will not only clear these arrears but will also put measures in place to ensure such delays do not happen in the future,” Gov Okpebholo added.
He reaffirmed that his administration’s goal is to clear all outstanding gratuities in phases, ensuring that retirees enjoy the fruits of their labour.
The Governor further assured that the disbursement process will be transparent and fair, with pensioners receiving payments in batches based on a structured verification process.
“This is just the beginning. We will not abandon our pensioners. We are determined to ensure that those who served Edo State diligently are treated with the respect and care they deserve,” he concluded.
The Federal Government has reaffirmed its support for the rights of Nigerian citizens, especially young people, to stage protests and express their dissatisfaction with pressing national issues.
However, it cautioned that such actions must remain peaceful and must not result in the destruction of public infrastructure.
Minister of Youth Development, Comrade Ayodele Olawande, made this known in Abuja on Monday in response to recent youth-led protests across parts of the country.
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“Everyone has the right to protest. In fact, if I had the time, I would join the protest myself. There is freedom of expression for all. The young people who are protesting have valid reasons, they see certain issues and feel the need to speak up,” Olawande said.
While backing the right to demonstrate, the minister emphasized the importance of maintaining peace and order during such actions.
He warned that any attempt to damage national infrastructure under the guise of protest would not be tolerated.
“However, while exercising this right, let it not escalate into something else. We will not allow anyone to destroy the infrastructural developments that support our economy and the progress we’ve made in this country,” he stated.
He further urged protesters to express their concerns in ways that do not obstruct public movement or endanger lives, suggesting that peaceful advocacy is more effective and likely to attract genuine attention from authorities.
“Yes, you have the right to speak, to come out and make your voice heard even to stand by the roadside but do not block the roads. Find a peaceful way to express your concerns; people will listen. If I have the opportunity, I’ll be there to speak with them as well.”
Olawande assured that the government is not opposed to demonstrations, but stressed that such activities must be carried out with a sense of responsibility and respect for public property.
“Protesting is a normal part of any society, and we are here to listen. No government is saying you shouldn’t protest but there must be limits and a sense of responsibility,” he added.
Edo State Governor, Senator Monday Okpebholo, is of the view that a wave of massive defections will soon hit opposition political parties in the South-South zone ahead of Nigeria’s 2027 elections.
He bared his mind over the weekend at a special reception in his honour at Ewatto, Esan South East local government area of Edo State after his victory at the election petition tribunal ruling.
He expressed gratitude to Edo people for their support, prayers, and counting him worthy to lead the State and assured the people that Edo would progress and develop under his watch.
In his words, “The people of Edo State will not regret voting me as their Governor. I am happy today that l am in a winning party. A party that was rejected by all and now has become the party that everybody wants to join. APC has come to stay as the government at the center is APC.
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“Very soon, there will be a lot of defections into the APC. People will move and cross carpet from PDP, LP and other opposition parties into the APC and that will be the beginning of South South keying into the reform agenda of President Bola Ahmed Tinubu.
“Today, I am happy and proud to say that I am a son to the President of the Federal Republic of Nigeria. I am also proud to say I carry uncommon grace and uncommon transformation which I am already using to transform and develop Edo State.
“Words that come out of my mouth are prophetic and i am using these words to develop Edo State. My administration is working to ensure motorable roads and reducing traveling time for our people.
“Our development is also covering other neighboring States because South South must speak with one voice as we approach 2027.”
He had kind words for the royal fathers.
“I want to use this opportunity to appreciate our royal fathers for their support and prayers. I also appreciate Edo people for finding me worthy to cast their votes for me on September 21st governorship election in Edo State.
“It is not easy to run two elections in a year and win the two offices. I give God the glory. I am not the talking type and never interested in politics, but really want to develop Edo State.
“In 2021, we looked for an Esan man that would contest for Senate and we did not find any one who wanted to contest under the All Progressives Congress (APC) as everyone wanted to contest under the Peoples Democratic Party (PDP).
“The drive to contest came in 2022 when some people came to appeal to me to contest for the Senate and our discussion became an eye opener which led me into contesting for the Senate seat.
“I lost a beloved sister due to bad water which she consumed and I vowed to ensure good water is available across the State.
“I am really going to ensure good water runs in Edo State. Our development will not just be roads, schools, healthcare, providing the people with good drinking water across the State.”
The Governor and his entourage visited the place of the Onojie of Ewatto, HRH Osagie Sylvanus Ikhumen I, who was joined by other traditional rulers from Edo Central who received the Governor and prayed for the success of his administration.
He also inspected Chief Lee Ikpea’s Medical Center, Idumuiyase, Ewatto, where he was taken round the facility of the hospital, which is yet to be completed by the donor, Dr. Lemon Ikpea.
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