Yale University has been petitioned to
withdraw the honorary doctorate degree awarded to Nigeria’s Minister Of
Finance, Mrs Ngozi Okonjo-Iweala. The university was asked to take this
step days after awarding the degree having been convinced it was
undeserving. Read the citations or the degree and against it below.
“YALE UNIVERSITY GAVE ITS PRESTIGIOUS
HONORARY DOCTORATE DEGREE TO AN UNDESERVING NIGERIAN”:Ngozi Iweala, the
outgoing Nigeria’s finance minister was awarded a honorary doctorate
degree by Yale University on May 15, 2015. The citation from the Yale
University reads:“Ngozi Okonjo-Iweala, Doctor of Humane Letters. You
are a citizen of your country, your continent, and the world. Shaped by
challenging experiences during your childhood in Nigeria, you have made
social and economic reform your mission. As Nigeria’s coordinating
minister of economic development and minister of finance, you have
tackled corruption, created a vision and path to long-term economic
stability, and worked to build a culture of transparency. At the World
Bank, you made food security a priority and provided policy advice and
capital for the world’s poorest countries. With wisdom, a fierce
dedication to doing what is right, and unflagging energy, you have
transformed the economic landscape of your nation. We are proud to name
you Doctor of Humane Letter”
Below is the citation against the Degree:
This citation from the Yale
University does not reflect nor represent everything that has happened
under the watch and the supervision of the Nigerian economy by Ngozi
Iweala as the nation’s finance minister. There is no tangible evidence
of any economic development in Nigeria under the leadership of Ngozi
Iweala in all reality. Nigeria’s economy is still an oil-dependent
economy that is debt and borrowing ridden as well as 100% consuming and
importing in nature. Nigeria’s debt profile has risen rapidly under
Ngozi Iweala and Nigeria has borrowed over $2 billion in the last four
months alone to pay salaries of the federal and state civil servants.
Our foreign reserves and excess
crude oil accounts have both depleted heavily under Ngozi Iweala. The
recurrent expenditures in the federal budgets reached the highest levels
which made capital development practically impossible in Nigeria under
Ngozi Iweala. The board of regents of this ivy league school missed it
completely by awarding their prestigious honorary doctorate degree to an
undeserving Nigerian in all truth, honesty and reality. The Nigeria’s
economy has remained the same under Ngozi Iweala without any evidence of
its diversity from oil. The Nigerian Naira crashed to its lowest value
in its history under Ngozi Iweala. The true picture that Yale University
missed is the fact that the economy of Nigeria has almost grounded to
its final halt today which will makes its a daunting task for the
incoming administration of General Muhammadu Buhari to meet its campaign
promises.
The menace of official corruption
and financial scandals have both reached their peaks in Nigeria under
Ngozi Iweala. A central bank governor was fired for disclosing that $20
billion was missing from the federal coffers and this allegation was
investigated in a shady and questionable manner. The oil subsidy scam
that cheated Nigeria’s tax payers of trillions of Naira was coordinated
and supervised by Ngozi Iweala. The culture of official corruption and
state resource mismanagement were both honored, celebrated, protected
and defended under the leadership of Ngozi Iweala as the supervising
coordinator of the Nigerian economy. To give a honorary doctorate degree
to an undeserving Nigerian by this world’s reknown university is the
biggest slap on the faces of the 180 million Nigerians in 2015. I am
using this social medium to appeal to the board of regents of this
prestigious university to withdraw this honorary degree that they
awarded to this Nigerian immediately and without any further delay for
the sake of posterity.
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