The Minister of Finance and the Coordinating Minister for the Economy Mrs Ngozi Okonjo-Iweala, has defended the waiver granter to the Office of the First Lady, insisting that the outrageous allegations by Saharareporters against the Office of the First Lady is a false exclusive based on distorted information.
In a statement signed by Special Adviser to the Coordinating Minister for the Economy and Minister of Finance, Paul C. Nwabuikwu, the ministry stated that the website merely extracted and distorted information on the list of beneficiaries of the revised waivers policy which the Federal Ministry of Finance voluntarily published as part of its drive for transparency and accountability.
The revised waivers policy replaces the old regime of individual waivers with the objective of boosting key sectors such as agriculture, power, gas and mines/steel. The strategy is to deploy waivers as a stronger tool of economic development.
According to the ministry, part of the information published by the Federal Ministry of Finance was a list of state governments, private sector organisations and other institutions which were granted waivers to bring in vehicles for various events including sports festivals, conferences and workshops.
This practice did not begin with the Jonathan administration.
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