Finance Minister Ngozi Okonjo-Iweala
parted ways with former President Olusegun Obasanjo because of her
removal as the Chairman of the Economic Team of the government while she
was in London negotiating with London Club. Former Minister of the
Federal Capital Territory (FCT), Mallam Nasir El-Rufai, made this
disclosure in his memoir, 'The Accidental Public Servant,' where he
narrated his experiences while in government and private practice.

Being
a key member of the powerful and influential Economic Team of the
Obasanjo years, El-Rufai recalled how the team was assembled, and it
included Okonjo-Iweala, the minister of state for finance Nenadi Usman
[now a senator],
FCT minister el-Rufai, the Economic Adviser to the President and later
the Central Bank Governor Charles Soludo, the EFCC boss Nuhu Ribadu, and
the Director-General, Bureau of Public Procurement
[Due Process] Mrs. Oby Ezekwezili. Okonjo-Iweala was the chairman.
According
to El-Rufai's account, trouble began when Obasanjo decided to redeploy
Okonjo-Iweala as the minister of Foreign Affairs and Ezekwezili, the
Education Minister from the Solid Minerals,with Nenadi Usman becoming
the Finance Minister without seeking their input or consent.
"One
morning, in May of 2006, shortly after the third term effort collapsed,
Obasanjo called me aside after the economic management team meeting, and
said he was going to reshuffle the cabinet that day. The plan he had,
he confided in me, was to move Ngozi to the Ministry of Foreign Affairs
to fix some persistent problems in our international relations, Oby to
the ministry of education and Nenadi Usman as full cabinet minister of
finance. Obasanjo said he needed me to help manage the emotions and
reactions of those affected."
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According
to El-Rufai's account, Obasanjo brought him in to forestall a situation
where the duo of Okonjo-Iweala and Ezekwezili would embarrass him by
quitting his government as a reaction. He said calming down the two was a
herculean task when he broke the news of the impending cabinet
reshuffle to them.
Although the two burst into tears, Ngozi quickly adjusted and asked who would then be the chairman of the Economic Team.
"I
did not have an answer so I went back to Obasanjo and asked. He said
that Nenadi as minister of finance must chair the economic team, unless
she was unwilling to do so. I then went up to Nenadi who seemed to have a
foreknowledge of the reshuffle and looked like she knew she was going
to replace Ngozi, and talked to her," El-Rufai writes.
"I
confirmed to her that Obasanjo had just told me about it and we needed
to meet to agree a few housekeeping issues. She followed me to the
location outside the Council Chambers where Ngozi and Oby were tearfully
talking in inaudible tones. We then had a four-person meeting where
Nenadi agreed that Ngozi should not only continue to chair the economic
team, but maintain the interface with international financial
institutions until she felt ready to take that over. I reported our
consultations and decision to a reluctant Obasanjo, who agreed to the
arrangement but only as 'interim measure'. This would be the beginning
of our team tensions."
The former Minister further revealed that
both arrangements did not go down well with both Okonjo-Iweala, who is
painted as 'a pragmatic student of power', and Usman, but both pretended
as if they were satisfied. According to him, "Ngozi never ceased to
think of herself as finance minister to the exclusion of Nenadi, and
Nenadi resented the suggestion that she could not chair the economic
team."
To buttress his point, El-Rufai disclosed how Oknojo-Iweala
were playing host to the IMF and World Bank teams in her new office
instead of Finance Ministry. He said he had to caution her to stop doing
so else: "It will cause unnecessary problems."
The bubble burst
when Oknojo-Iweala went to meet the London Club to negotiate the
write-off of Nigeria’s modest London Club debts without the knowledge of
Mrs Usman although she sought and got the approval of Obasanjo. But
when the matter was brought before the President, "on the spot, Obasanjo
decided to remove Ngozi as chair of the economic team, right away,
without any discussion, consultation or notice, as Ngozi was in the
middle of the crucial negotiations. All of the major newswires carried
news of the firing of Ngozi from chairing the economic team and in the
midst of meeting with her European counterparts; everyone was looking at
their Blackberries and asking her if she was still authorized to
continue the negotiations. It was no doubt a totally humiliating moment
for Ngozi…
"She called Obasanjo from London and informed him of
her decision to resign. He did nothing to dissuade her. She returned to
Nigeria, submitted her resignation, packed her things, and just left, at
first for Lagos, then went abroad. She was very angry at the President,
at the situation, and at all of us. She expected all of us to also
resign as part of our pact, but she forgot the part of the agreement
that required us to consult, to talk, to discuss, and agree together."
According
to El-Rufai's account, it was the then Attorney-General and Minister of
Justice, Kanu Agabi, SAN that introduced Nuhu Ribadu to Obasanjo, and
it was his appointment as the EFCC chairman that brought the two
together especially as he was instrumental to the N100m the take-off
money for the commission. It was a mutual friend that introduced
Okonjo-Iweala to him while on six month assignment for the
administration and how he was part of the catalyst that facilitated her
appointment as the Finance Minister. It was both the Finance Minister
and Ezekwezili with General Mohammed Abdullahi, the Chief of Staff to
Obasanjo that in-turn facilitated his emergence as a Minister.
Naij.com