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USAfrica: Nigeria’s Okonjo-Iweala loses World Bank president post; positively impacts process. By Chido Nwangwu

USAfrica: Nigeria's Okonjo-Iweala loses World Bank president post; positively impacts process. By Chido Nwangwu
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Nigeria’s Okonjo-Iweala loses World Bank president post; but positively impacts process.

By Chido Nwangwu, Founder & Publisher of USAfrica

Special to USAfricaonline.com,  the USAfrica-powered e-groups of  Nigeria360IgboEventsUNNalumni,  and CLASSmagazine Houston. Follow us at Facebook.com/USAfricaChido and Twitter.com/Chido247

USAfrica, Monday April 16, 2012: The World Bank has, a few minutes ago, selected U.S citizen, Korean-born scholar and doctor, Jim Yong Kim, as its new president.
The 52-year-old president of Ivy League college Dartmouth Dr. Kim defeated the more experienced opponent Nigeria’s coordinating minister for the economy and finance minister Ngozi Okonjo-Iweala.

USAfrica: Nigeria's Okonjo-Iweala loses World Bank president post; positively impacts process. By Chido Nwangwu

Dr. Ngozi Okonjo-Iweala of Nigeria.

The developing countries especially African and a few Latin American countries rallied behind Okonjo-Iweala to mount a major and significant challenge to the massive clout of U.S and Europe in picking the leader of the global bank. USAfricaonline.com recalls that on March 23, 2012, U.S president Barack Obama nominated the public health expert Kim to replace current World Bank president Robert Zoellick, an American.

A few hours before the voting and selection, Dr. Okonjo-Iweala criticized the process, noting: “You know this thing is not really being decided on merit…. It is voting with political weight and shares, and therefore the United States will get it.” She was a managing director of the World Bank.
She told reporters in Abuja that the impact of her candidacy is that “Who gets to run the World Bank – we have shown we can contest this thing and Africa can produce people capable of running the entire architecture.”

Similarly, in a post-selection statement, the World Bank said: “We, the executive directors,

USAfrica: Nigeria's Okonjo-Iweala loses World Bank president post; positively impacts process. By Chido Nwangwu

President Barack_Obama, Jim-yong-kim_and Hillary-Clinton.2012

wish to express our deep appreciation to all the nominees, Jim Yong Kim, José Antonio Ocampo and Ngozi Okonjo-Iweala. Their candidacies enriched the discussion of the role of the president and of the World Bank group’s future direction. The final nominees received support from different member countries, which reflected the high calibre of the candidates. We all look forward to working with Dr. Kim when he assumes his responsibilities.”

A few days before the election, the influential magazine The Economist argued that: “When economists from the World Bank visit poor countries to dispense cash and advice, they routinely tell governments to reject cronyism and fill each important job with the best candidate available. It is good advice. The World Bank should take it. In appointing its next president, the bank’s board should reject the nominee of its most influential shareholder, America, and pick Nigeria’s Ngozi Okonjo-Iweala.”

USAfrica notes that with the 57-years old Okonjo-Iweala’s candidacy, the ancient process and prior assumptions at the leadership of the World Bank are being effectively challenged and changed, symbolically and substantially — even amidst the reality of U.S power and influence in economics, money and politics.

WHY I CELEBRATE THE LIFE AND WORKS OF NELSON MANDELA. By Chido Nwangwu  https://usafricaonline.com/2010/07/15/mandela-why-i-celebrate-his-life-works-by-chido-nwangwu/

• For racist Soccer actions, Liverpool’s player Suarez should be suspended.  By Chido Nwangwu. Follow us at Facebook.com/USAfricaChido and Twitter.com/Chido247

USAfrica: As Egypt’s corrupter-in-chief Mubarak slides into history’s dustbin.  By Chido Nwangwuhttps://usafricaonline.com/2011/01/30/chido-nwangwu-as-egypt-corrupter-in-chief-mubarak-slides-into-historys-dustbin-egyptians-not-waiting-for-obama-and-united-nations/

Obama’s Africa agenda, our business and democracy. By Chido Nwangwu, Publisher of USAfricaonline.com and CLASS magazine and The Black Business Journal

Nigeria’s Federal Republic of Insecurity. By Chido Nwangwu, Publisher of USAfrica, USAfricaonline.com and the Nigeria360 e-group. https://usafricaonline.com/2011/12/17/nigeria-federal-republic-of-insecurity-by-chido-nwangwu/ : IF any of the Nigerian President’s 100 advisers has the polite courage for the extraordinary task of reminding His Excellency of his foremost, sworn, constitutional obligation to the national interest about security and safety of Nigerians and all who sojourn in Nigeria, please whisper clearly to Mr. President that I said, respectfully: Nigerians, at home and abroad, are still concerned and afraid for living in what I call Nigeria’s Federal Republic of Insecurity. FULL text of commentary at USAfricaonline.com https://usafricaonline.com/2011/12/17/nigeria-federal-republic-of-insecurity-by-chido-nwangwu/

Jonathan’s Boko Haram problem and firing of Ringim. By Chido Nwangwu
https://usafricaonline.com/2012/01/25/jonathans-boko-haram-problem-and-firing-of-ringim-by-chido-nwangwu/

Related insight: USAfrica’s October 17, 2001 special report/alert: Nigeria’s bin-Laden cheerleaders could ignite religious war, destabilize Africa. By USAfrica’s Publisher Chido Nwangwuhttps://usafricaonline.com/chido.binladennigeria.html

http://www.google.com/search?client=safari&rls=en&q=USAfrica+Chido+Nwangwu+al-qaeda+terrrorism+nigeria&ie=UTF-8&oe=UTF-8

https://usafricaonline.com/tag/al-qaeda/

Related and prior reporting on the Jos crises on USAfrica, click here: https://usafricaonline.com/2011/08/16/10-killed-in-renewed-violence-near-jos/

News archives related to Jos, here https://usafricaonline.com/?s=jos

310 killed by Nigeria’s ‘talibans’ in Bauchi, Yobe n Maiduguri; crises escalate. USAfricaonline.com  on  July 28, 2009. www.usafricaonline.com/chido.ngrtalibans09.html

http://www.groundreport.com/World/310-killed-by-Nigerias-talibans-in-Bauchi-Yobe-n-M/2904584

Trump looks foolish and crazy screaming about Obama’s birth certificates, college records and Muslim connection. By Raynard Jackson

310 killed by Nigeria’s ‘talibans’ in Bauchi, Yobe n Maiduguri; crises escalate. USAfricaonline.com  on  July 28, 2009.

www.usafricaonline.com/chido.ngrtalibans09.html

Why Chinua Achebe, the Eagle on the Iroko, is Africa’s writer of the century. By Chido Nwangwu, Publisher of USAfrica, and first African-owned, U.S-based newspaper published on the internet USAfricaonline.com https://usafricaonline.com/chido.achebebest.html

——-

VIDEO of the CNN International broadcast/profile of USAfrica and CLASSmagazine Publisher Chido Nwangwuhttp://edition.cnn.com/video/#/video/international/2010/07/29/mpa.african.media.bk.a.cnn

USAfrica: As Egypt’s corrupter-in-chief Mubarak slides into history’s dustbin.  By Chido Nwangwuhttps://usafricaonline.com/2011/01/30/chido-nwangwu-as-egypt-corrupter-in-chief-mubarak-slides-into-historys-dustbin-egyptians-not-waiting-for-obama-and-united-nations/

Tunisia, Egypt . . . Is Nigeria next? By Prof. Rosaire Ifedi           https://usafricaonline.com/2011/02/13/tunisia-egypt-is-nigeria-next-by-prof-rosaire-ifedi/

In the light of an icon, my mentor Stanley Macebuh (1942-2010)By Chido Nwangwu  https://usafricaonline.com/2011/03/07/stanley-macebuh-tribute-by-chido-nwangwu/ 

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Copyright © 2020 USAfricaonline.com is the first African-owned, U.S-based professional newspaper published on the worldwide web. Its multimedia site and archives are powered by the global resources of USAfrica, CLASSmagazine, CLASSmagazine.TV, PhotoWorks.Tv, USAfrica.TV, MLKMandelaAchebe.com, AchebeBooks.com and ChidoNwangwu.com News@USAfricaonline.com. wireless: +1-832-45-CHIDO (24436). main: +1-713-270-5500. THE AUTHORITATIVE LINK. Copyright ©2019. USAfrica Inc., USAfricaonline.com and Chido Nwangwu. All rights reserved

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