Tuesday, 10 April 2012 21:29

Ms Ngozi Okonjo-Iweala Should Continue The Fight For World Bank Presidency

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I disagree with Mr. Williams’s position that Ms. Ngozi Okonjo-Iweala should step down for Dr. Kim in the hope that she would be rewarded later on by USA and the West. She should never do any such thing; for one thing it will not bring the reward that Mr. Williams is peddling because she would be a defeated and weakened person.

But before I show why that would be a bad strategy let me agree that Ms. Okonjo-Iweala will not be the next World Bank President not in 2012 and also never in her life time. USA is not about to relinquish her grip on the job any time soon. And until she does so the WB presidency is USA's to keep and cherish

With the fact that she will never be the Bank’s president established roaring and backing down is not the American way. Americans love a good fight. They recognize and admire a person who fights to the end. If Ms. Okonjo Iweala were to back off from a fight, she establishes forever that she is a weakling; that she has no back bone. She ought to fight to the bitter end and some.

What she needs to do is to expose the weakness in the argument that a nation that preaches merit over hereditary governance is hypocritical. She needs to prove that 2012 is no longer the period after World War II when the Breton Woods agreement was reached; that the need for increasing funds for the World Bank should be met from Developing Countries but not if USA retains the sole right to run the bank; that political democracy (one person/one country one vote) should be incorporated in all international institutions either by US selling her WB shares for others to buy or by using the same arrangement used in electing the Secretary General of UN in which the permanent members of Security Council are not allowed to nominate candidates; that fair play is good for US and the world and that US is a firm believer in fairness.

She should do these things by raising them every chance she gets even after Mr. Kim has been fully installed into office. It would show conviction. She should continue the campaign after she leaves her present jobs and returns to the Brookings Institution. If she continues the campaign US would eventually reward her: most likely through urgingNigeriato nominate her as the next Secretary General of the United Nations. They would have seen that she is a fighter not a quitter.

So my advice to Ms Okonjo Iweala is to keep fighting, your reward will still come even after she has been denied the presidency of the World Bank.

  • Do a good job as the Nigeria’s Finance Minister and the Economic czar.
  • Your work would be your best promoter.
  • Write!
  • Write!
  • Publish!
  • Speak out!

Benjamin Obiajulu Aduba


April 10, 2012

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Benjamin Obiajulu Aduba

Benjamin Obiajulu Aduba  currently lives in Medfield, Massachusetts.