$57.5 Billion Loan For Biafra: Okonjo-Iweala Denies Involvement

Dr. Ngozi Okonjo-Iweala, Director-General of the World Trade Organization, has categorically denied claims that she facilitated a $57.5 billion loan for the Biafra Republic Government in Exile. 

The allegation was made by separatist leader Simon Ekpa on October 23, 2024, who claimed that the World Bank and International Monetary Fund approved the loan with Okonjo-Iweala’s help to support the formation of a new government after Biafra’s proposed independence declaration on December 2, 2024.

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In response, Okonjo-Iweala dismissed the statement as false, stating, “I know no sensible person will believe what is contained in the outrageous tweet, but in these troubled times it is important to underscore that the statement is false. 

Again I enjoin all those seeking to misuse my name to desist!,” she wrote on X.