Ngozi-Okonjo Iweala Lands Top International Appointment

Former Nigerian Minister of Finance, Mrs Ngozi Okonjo-Iweala
A former Nigerian Minister of Finance, Mrs Ngozi Okonjo-Iweala, has been appointed a member of the international advisory panel of Asian Infrastructure Investment Bank (AIIB).
Mr Song Liyan, AIIB Senior Communication Officer, in a statement made available to newsmen on Friday, announced that Okonjo-Iweala would join 10 other key persons on the panel.
“The Panel provides impartial, objective and independent advice to the President, allowing the Bank to benefit from the international experience and expertise of panel members,” Liyan said.
He quoted AIIB President, Jin Liqun, as saying that the panel members would advise the bank on the development of its strategy.
“It is a great honour to convene such an experienced and diverse group of international leaders to advise on the development of the Bank’s strategy.

“I have no doubt that the advice the panel provides will help shape the development of the Bank in the years ahead.

“I could not ask for a better group of ambassadors to help promote our new Bank to the world,” Jin said.
The panel members are former Bank Negara Malaysia governor Dr Zeti Aziz, former Pakistan Prime Minister Shaukat Aziz, and former Swedish finance minister Anders Borg.
The others are former Timor-Leste finance minister Emilia Pires, former World Bank chief economist Nicholas Stern and former Japanese Prime Minister Yukio Hatoyama, Global Foundation secretary-general Steve Howard.
Others include Korea National Diplomatic Academy chair professor and former South Korean deputy prime minister and strategy and finance minister Dr Oh-Seok Hyun.
Former U.S. ambassador Paul Speltz and London School of Economics professor and former Hong Kong chief executive Tung Chee-Hwa are the remaining panel members.
AIIB, a multilateral international development bank was set up on Dec. 25, 2015, with an initial capital of 100 billion U.S. dollars (RM419bn), one million shares and an initial paid-up capital of 20 billion U.S. dollars.
NAN

Comments

Post a Comment

ORDER FOR YOUR FABRICS AND ACCESSORIES. +2348066186964

ORDER FOR YOUR FABRICS AND ACCESSORIES. +2348066186964
Buy

Popular posts from this blog

Anti-Fur protesters crash Rihanna's new perfume launch in Brooklyn

Image
Rihanna’s launch of her new perfume “RiRi” at a Macy’s in Brooklyn was crashed by anti-fur protesters on Monday. The animal rights activists noisily interrupted the event and slammed the singer for wearing fur before being removed by security. As you can see in the footage below, Macy’s security officers and members of Rihanna’s own security team got into a scuffle with protesters who chanted and held up anti-fur signs. The guards pulled down the demonstrators’ signs, which said such things as “Who Died For Your Coat?” and “Skinned Alive,” alongside images of dead and skinned animals. The picketers also repeatedly yelled “Shame on Rihanna” while marching through the department store. PETA previously slammed Rihanna in September 2012 after photos were released of the singer wearing snakeskin boots.
Read more

Warning!!! Graphic Photos: Man Butchers His Fiancee to Death for Breaking Up with Him

Image
The Ghanaian woman who was brutally murdered   An evil and heartless Ghanaian man has left many people terrified after he brutally butchered his fiancee with a knife for daring to break up with him.   Naami Sowah, a friend of the dead woman narrated that the man killed her after 'she told him they should break up.'   In a long Facebook page, Opanyin Khay Kutin who shared the graphic stories narrated the sad incident and wrote:   "Hmmmmm.....LADIES PLSS BECAREFUL ON WHO TO DATE.. HMMMMMM. "Ooooh sorry wai #OMG Maame Yaa ....I took it as a normal butchering from that heartless fiancée of yours when it happened 12pm yesterday in the afternoon and never believe which resulted your early death smh?    "Charlie it can happen to everyone so far as you are dating or in a relationship with a stupid partner who has no respect and careless for your living, please my humble advice to Facebook friends is just to stay positive and wait for...
Read more

Manchester United transfers: David De Gea deal sabotaged BY Real Madrid claim Red Devils

Image
The one that got away: Real Madrid looked to have netted De Gea, and then... Manchester United have accused Real Madrid of torpedoing their own bid to signDavid De Gea. As the bitter war of words between the two football giants escalated, the Old Trafford giants rubbished claims  they  were to blame for the deal collapsing late on Monday. They believe Real president Florentino Perez started having doubts about the transfer and that the process was  deliberately  delayed so it did not get over the line before the Spanish transfer deadline at 11pm (UK time). A package worth £29million, which would have seen De Gea join Real and fellow keeper Keylor Navas come the other way to United, was agreed by both parties. The 24-year-old had wanted to move to Madrid, where his pop-star girlfriend Edurne Garcia is based. The singer has told friends: "I'm very disappointed with what has happened." The farce left both clubs pointing fingers at eac...
Read more

Please do not waste food Forwarded by Martin Danladi

Image
This startling photograph is acknowledged as one of the most horrifying photographs shot ever since the camera was invented. Notice the vulture waïting for the child to die. This photo was shot in 1994 and won the Pulitzer Prize. The location is Sudan, outside a UN warehouse for storing food and grain received as humanitarian aid. Nobody knows what happened to the child. But Kevin Carter broke down mentally after taking this picture and ultimately committed suicide within 3 months of taking this picture. This is what Kevin Carter wrote in his diary which was recovered after his death: "Dear God, I promise I will never waste my food no matter how bad it can taste and how full I may be. I pray that He will protect this little boy, guide and deliver him away from his misery. I pray that we will be more sensitive towards the world around us and not be blinded by our own selfish nature and interests. I hope this picture will always serve as a reminder to us that how fortunate we ar...
Read more

See the Huge Fine Slammed on Forte Oil in Kano for Hoarding Fuel

Image
A Forte Oil filling station which belongs to Nigerian billionaire and business mogul, Femi Otedola has been slammed with a staggering fine by the Kano state government.   A committee set up by Kano State governor, Abdullahi Ganduje, to prevent hoarding of petrol and selling above official rate, has fined a Forte Oil filling station in the state the sum of N4.2million, according to Premium Times. The state commissioner for Commerce, Rabiu Bako, who is the chairman of the committee, told a correspondent by phone that the station was fined for both hoarding of the product and selling above pump price at night. Mr. Bako said the stipulated penalty for a filling station found hiding petroleum products and selling above pump price was to make it pay fine by doubling the official pump price of their existing product. He added that at the time of the clamp down, the station had already disposed of 26,000 litres from the 34,000 litres allocated to it. The commissi...
Read more

#Football News: Manchester United are the FA Cup 15-16 Winners

Image
 Manchester United’s Wayne Rooney and Michael Carrick lift the trophy as they celebrate winning the FA Cup. Photograph: Dylan Martinez/Reuters  Manchester United manager Louis van Gaal lifts the FA Cup. Photograph: Mike Egerton/PA Updated  at 8.32pm BST Share 11h ago   20:13 There you go. A game that took a while to get going ended brilliantly. Jason Puncheon, off the bench, scored to put Crystal Palace  ahead and made sure Alan Pardew left an enduring image of him dancing (terribly). Within three minutes Juan Mata had United level and his replacement, Jesse Lingard, scored the winner in extra-time with a stunning volley after Chris Smalling was sent off for a second yellow card. “This is fantastic to win this title for the club, the fans … and also for me,” Louis van Gaal says on TV. “Now I have won the cup in four countries. Not many managers can say that. I am very happy. We have deserved it I think.” It was tight and tense but they probably sh...
Read more

How I was Betrayed at PDP's National Convention in Port Harcourt - Ali Modu Sheriff

Image
Ali Modu Sheriff    The crisis within the national leadership of the Peoples Democratic Party is far from over, with Ali Modu Sheriff claiming he remained the national chairman of the party, despite being sacked by a national convention. Mr. Sheriff was sacked at the PDP convention held on Saturday in Port Harcourt, Rivers State, and the National Executive Committee which he headed, replaced with a caretaker committee. Inuwa Bwala, the spokesperson for Mr. Sheriff, told Premium Times around 8.41pm on Saturday that Mr. Sheriff remained opposed to what happened at the Port Harcourt convention, since he had announced its suspension after consulting with members of the National Working Committee of the party. “Immediately the chairman (Sheriff) received another court injunction, he called a meeting of the National Working Committee and told them that it wasn’t safe to continue with the convention of the party, especially since the court had forbidden elections virtua...
Read more