Zainab Ahmed
BreakingInvestigationTop StoryTrending Story

World Bank Job: How Nigeria’s ex-Finance Minister Zainab Ahmed sidestepped FG’s nomination, appropriated position to herself

5.8k

May assume duty on July 10, 2023

A devious plot conceived and hatched by a former Minister of Finance against Nigeria to circumvent and deny Nigeria of quality representation at the World Bank Group for several months and fraudulently nominating herself for the job has been uncovered.

Mrs Zainab Ahmed, who was the minister in the administration of President Muhammadu Buhari up till May 29, 2023, has allegedly appropriated the position to herself without recourse to the Federal Government, Per Second News exclusively reports.

For “successfully’’ executing the shenanigan, Ahmed, during whose tenure Nigeria was plunged into N77 trillion debt both local and foreign borrowings, is set to take up the job on July 10, 2023 as an Alternate Executive Director, AED, barring any hitch, Per Second News.com reliably gathered in Washington, DC.

“What is interesting to know is how she dubiously appropriated the position to herself without recourse to the federal government, an official familiar with the matter confirmed the report to PSN on Sunday.

 

Zainab Ahmed

 

Investigations gathered by Per Second News revealed that the World Bank Group months ago wrote a letter to the government of Nigeria requesting for the CVs of at least three economists to fill a vacant position of the AED.

The letter was passed through the office of the Minister of Finance who hid the letter, thereby denying the federal government input into the nomination process.

A copy of the letter sighted by this newspaper showed that it was written months ago by the apex World Bank.

Shortly before the expiration of the Buhari administration, Zainab Ahmed, single-handedly nominated herself as the federal government’s candidate without the approval of the outgoing President and the incoming President Bola Tinubu.

Another brewing controversy is in the selection of staff to work with her as she has narrowed down to her aides when she was at the Ministry of Finance.

“Some of these aides are either too junior and in most cases lack the expertise and qualifications required by the World Bank, an officer of the bank disclosed in Washington.”

Per Second News gathered that a female (name withheld) who was at the Debt Management Office, DMO, a former director at IER, and two of her female aides are also currently being considered as part of her team.

The former minister will work out of the Office of the Executive Director (EDS25) known as Africa Group 3 Constituency, representing Angola, Nigeria and South Africa.

Zainab Ahmed will work under Ayanda Dlondlo, a South Africa who is the Executive Director (EDS25).

Per Second News reports that Executive Directors (or Alternates) fulfill a dual function, as officials of the Bank and as representatives of the member-country or countries that appointed them.

The Executive Directors are responsible for conducting the day-to-day business of the World Bank while an Alternate Executive Director has the full power to act for the World Bank Director when he or she is not present.

The staff of the EDS25 are committed to working with the 189 World Bank member countries to present a consensus on development issues.

The former minister’s media aide did not immediately respond to comments about the matter.

Leave a comment

Related Articles

Angolan President João Lourenço Takes Helm as African Union Chairperson

Angolan President João Lourenço has been elected as the new chairperson of...

Anambra accident: Cement-laden truck crashes into building, leaving five dead, others injured

A tragic accident occurred at the Area Command Bus Stop in Nnewi,...

Just in: Afenifere leader, 96-year-old Ayo Adebanjo exits

Pa Ayo Adebanjo, leader of Afenifere, a pan-Yoruba socio-cultural organization, has died...

FG Launches ‘Power Rangers’ to Protect Power Installations

Nigeria’s Minister of Interior Olubunmi Tunji-Ojo has announced the inauguration of a...

Breaking: National Assembly passes 54.9trn 2025 budget

The National Assembly has approved a record-breaking N54.9 trillion federal government’s budget...

Nigeria Partners Google to Harness AI for Digital Economic Growth

Nigeria is exploring a strategic partnership with Google to advance artificial intelligence...

NNPCL Chief, Kyari, Unveils Strategic Priorities for Africa’s Sustainable Energy Development

Mele Kyari, the Group Chief Executive Officer of the Nigerian National Petroleum...

Five months after cabinet reshuffle: Tinubu orders ministers to render account of stewardship

President Bola Tinubu has directed his ministers to provide an immediate account...

Just in: CBN Introduces New ATM Transaction Fees Effective March 1

The Central Bank of Nigeria (CBN) has announced a review of transaction...

UCH power outage: Minister brokers deal with IBEDC, to restore electricity in 48 hours

Following the Minister of Power, Dr. Adebayo Adelabu’s intervention, the Ibadan Electricity...

VP Shettima Reaffirms Tinubu’s Commitment to Bridging Financial Gaps, Achieving $1trn Economy

Vice President Kashim Shettima has reaffirmed President Bola Tinubu’s commitment to economic...

Just in: Supreme Court reserves judgments in 4 Rivers political dispute cases

The Supreme Court has reserved its judgments in four separate cases related...

Edo gov. poll tribunal: Gov. Okpebholo closes defence, calls lone witness

Edo Gov. Monday Okpebholo on Monday in Abuja opened and closed his...

NAFDAC cracks down on counterfeit medicines, seizes fake drugs in Anambra market

The National Agency for Food, Drug Administration and Control (NAFDAC) has launched...

Just in: Alleged terrorism: Justice Nyako adjourns Nnamdi Kanu’s trial indefinitely

Justice Binta Nyako of the Federal High Court, Abuja, has adjourned the...

N495m debt: Months-long power cut brings UCH Ibadan to grinding halt

The premier world-class University Teaching Hospital (UCH), Ibadan, Oyo State, is on...

Another Niger State Tanker Explosion: Latest Tragedy Fuels Push for Enhanced Safety Protocols

A catastrophic gas explosion rocked Sabon Wuse in Tafa Local Government Area...

Nigeria introduces hassle-free, contactless passport renewal system for European-based citizens

After its successful implementation in Canada, the Minister of Interior, Mr. Olubunmi...

6-3-3-4 not scrapped, only proposing migration to 12-year compulsory education, Minister clarifies

Education Minister Dr. Tunji Alausa, has clarified media reports that the federal...

FG announces reforms, plans to replaces JSS, SSS with 12-year basic education model

After 42 years of its introduction into the education system, the Federal...