In the end, it was as it was in the beginning, it is now and for the foreseeable future shall be. Obama’s World Bank nominee got the nod and Africa went away having rattled the matches in the box without being able to light any.
Of course he who pays the piper calls the tune so it was misplaced arrogance for Africans to think that Obama was going to nominate his candidate and then let their basket case of a mismanaged continent come in and spoil his party.
And you know what? Africa doesn’t yet deserve to hold such a post; not now, not even in five years when the position comes up again for leadership consideration.
Making an African, even one with the academic credentials of Nigeria’s Minister of Finance, would be akin to making Robert Mugabe head the International Governance Council. Yes, he has been president since 1980 but is there anything else he has done that anyone endowed with a sense of shame wants to talk about? Mrs. Ngozi Okonjo-Iweala is best advised to prove herself by sorting out Nigeria’s scandalously moribund economy despite all that oil. Thereafter, she can perhaps be considered to run the African Development Bank . Think of it as learning to walk before one tries to run.
Of course the newly appointed World Bank head will also not move the earth off its axis. But that wasn’t the point at all, was it? The point was that a continent that has proved to be best only at rigging elections, squandering mineral fortunes (Nigeria, DRC) while its people continue to live on less than $2.00 a day, killing its own people with preventable diseases (almost every African country South of the Sahara) and mollycoddling octogenarian despots who openly treat their countries’ coffers as their personal piggy banks doesn’t deserve to be entrusted with the world’s development.
Ngozi Okonjo-Iweala thinking that she is ready to head the World Bank when she hasn’t yet proved herself as Nigeria’s Minister of Finance? How was she expecting to handle Yoweri Museveni and African leaders like him who run their countries on supplementary budgets, by printing money to oil elections and on unauthorized spending? This woman and her supporters really flattered themselves.
Africa: please let’s be serious here.
- US Doctor Named As New World Bank Head (news.sky.com)
- Nigeria FM called ‘Africa’s Candidate’ for World Bank President (voanews.com)
- Okonjo-Iweala: ‘I don’t mind who wins’ (devex.com)
- Ocampo withdraws for Okonjo-Iweala, W/Bank names president Monday (transformationwatch.com)