Home News Ngozi Okonjo Iweala debunks $57.5 Billion loan rumor for Biafra

Ngozi Okonjo Iweala debunks $57.5 Billion loan rumor for Biafra

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Ngozi Okonjo-Iweala denies facilitating $57.5 Billion loan for Biafra

Dr. Ngozi Okonjo-Iweala has denied claims of involvement in securing a $57.5 billion loan for the Biafra Republic Government in Exile

Ngozi Okonjo-Iweala denies facilitating $57.5 Billion loan for Biafra
Ngozi Okonjo-Iweala denies facilitating $57.5 Billion loan for Biafra

Separatist leader Simon Ekpa alleged that the World Bank and International Monetary Fund approved the loan, citing Okonjo-Iweala’s assistance.

Okonjo-Iweala dismissed the allegations as “outrageous” and false, emphasizing that the statement lacks credibility. She urged individuals misusing her name to stop immediately.

Dr. Okonjo-Iweala’s denial reaffirms her commitment to transparency and integrity, values she has upheld throughout her distinguished career as Director-General of the World Trade Organization and former Nigerian finance minister.

Separatist leader Simon Ekpa made the allegations on October 23, 2024, claiming the loan would support the formation of a new government following a proposed declaration of Biafra independence on December 2, 2024.

Okonjo-Iweala’s response clarifies her position and maintains her reputation as a champion of accountability and transparency.

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