Biography of Ngozi Okonjo-Iweala, Politician, Delta State Celebrity.

Ngozi Okonjo-Iweala

Ngozi Okonjo-Iweala, a two time minister of Finance of the Federal Republic of Nigeria was born on June 13, 1954 to Professor Chukwuka Okonjo, the Obi (King) of the Umu Obahai Royal Family of
Ogwashi-Uku, Delta State Nigeria, and is married to Ikemba Iweala a native of Umuahia, Abia State Nigeria and have four Children.

Ngozi Okonjo-Iweala had her early education at the International School Ibadan, after which she got admission into Harvard University and graduated in the year 1977. Later she proceeded to Massachusetts Institute of Technology (MIT), where she obtained her PhD in Regional Economics Development in 1981. Owing to her excellent performance, Ngozi Okonjo-Iweala received an International Fellowship studies from American Association of University Women (AAUW).

Ngozi Okonjo-Iweala worked as the vice-president and corporate secretary of the World Bank Group. She left her job with the world bank to answer the clarion call it in 2003, when she was appointed the Minister of Finance of the Federal Republic of Nigeria on 15 July 2011 by the the President of the Federal Republic of Nigeria, Olusegun Obasanjo. Ngozi Okonjo-Iweala have also worked as the Managing Director of World Bank (October 2007 - July 2011) and has also held the position of a Finance Minister and Foreign Minister of Nigeria, between 2003 and 2006. She is notable for being the first woman to hold either of those positions. She served as finance minister from July 2003 until her appointment as foreign minister in June 2006, and as foreign minister until her resignation in August 2006.

In October 2005, Ngozi Okonjo Iweala and her team initiated and struck a deal with the Paris Club, a group of bilateral creditors, to pay-up some of the Nigeria's external debt in the sum of US $12 billion as consideration for the pay-up, Nigeria got a debt write-off in the sum of $18 billion. Before this deal, Nigeria spent around US $1 billion yearly on debt servicing, yet none of the amount is reckoned towards the principal debt owed.

Ngozi Okojo Iweala also later served as the Minister of Finance again under the regime of former president Goodluck Johnathan. After her tenure came to an end in the year 2015 with the regime of Goodluck Johnathan, Kemi Adeosun was appointed the Minister of Finance by the new regime ofMuhammadu Buhari

On Thuresday July 29, 2016, the former Nigerian Minister of Finance, Dr. NgoziOkonjo Iweala and her husband, Mr., Ikemba Iweala celebrated their 37thwedding anniversary.