Ngozi Okonjo-Iweala: Economic reformer.

Wednesday, June 6, 2007



Ngozi Okonjo-Iweala, a fellow at the Brookings Institution, was Nigeria's Finance Minister and then briefly Foreign Affairs Minister from 2003 to 2006, the first woman to hold either position.

During her tenure, she worked to combat corruption, make Nigeria's finances more transparent, and institute reforms to make the nation's economy more hospitable to foreign investment. The government unlinked its budget from the price of oil, its main export, to lessen perennial cashflow crises, and got oil companies to publish how much they pay the government.

Since 2003 -- when watchdog group Transparency International rated Nigeria "the most corrupt place on Earth" -- the nation has made headway recovering stolen assets and jailing hundreds of people engaged in international Internet 419 scams.

Posted by Unknown at 12:43 PM  

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