nijanewsland.blogspot.com Read the article by Ebelo Goodluck below... Ngozi Okonjo-Iweala has had a distinguished public career. Twice finance minister and economic tsar, as the coordinating minister of the economy in her last iteration, she has hands on experience of the country’s financials. That can’t be denied her. Recently, speaking on the economic crisis in Nigeria at George Washington University, Washington DC, she said the current economic crunch was down to a lack of political will to foster savings. "We tried it in Nigeria, we put in an oil price based fiscal rule in 2004 and it worked very well. We saved $22 billion because the political will to do it was there. And when the 2008 /2009 crisis came, we were able to draw on those savings precisely to issue about a 5 percent of GDP fiscal stimulus to the economy and we never had to come to the bank or the fund. This time around and this is the key now, you need not only need to have the instrument ...