Tag Archives: International Monetary Fund

Austerity in US and UK – Ranks of Working Poor Grow Despite Social Safety Nets

By EJIKE E. OKPA 11 The IMF president, a French national recently went to Nigeria to tell them what to do with their economic situation as it relates to fuel subsidy. Of course, one could have said, a ‘Daniel Come to Justice’, a machination of Nigeria Finance Minister Ms Okonjo-Iweala, who believes into to in

Our Golden Girl

Ordinarily, the process of electing the World Bank president is as ‘democratic’ as that of electing the Peoples Democratic Party (PDP) National Chairman: it’s always a family affair! In PDP, the president anoints and the party delegates endorse. At the World Bank, America nominates, the rest of the world ratifies. To date, there have been