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Okonjo-Iweala refutes $57.5bn loan to Biafra, Simon Ekpa denies statement

Dr. Ngozi Okonjo-Iweala, the Director-General of the World Trade Organization (WTO), has firmly rejected allegations claiming that she played a role in facilitating a $57.5 billion loan to the Biafra Republic Government in Exile (BRGIE).

Dr. Okonjo-Iweala as a seasoned economist emphasized the importance of factual accuracy and transparency, asserting that such claims are unfounded and misleading.

Okonjo-Iweala refutes $57.5bn loan to Biafra, Simeon Ekpa denies statement
Okonjo Iweala

These claims were allegedly made by Simon Ekpa, who claims the title of Prime Minister of the Biafra Republic Government in Exile (BRGIE).

In a recent social media post, it was claimed that both the World Bank and the International Monetary Fund (IMF) had consented to provide a substantial loan to the BRGIE.

... indicated that this financial support was intended to facilitate the establishment of a new government following a planned declaration of Biafra on December 2, 2024.

Additionally, ... attributed the successful negotiation of this loan to Dr. Ngozi Okonjo-Iweala, suggesting that her influence played a pivotal role in securing the funds.

See screenshot of post below:

Okonjo-Iweala refutes $57.5bn loan to Biafra, Simon Ekpa denies statementOkonjo-Iweala refutes $57.5bn loan to Biafra, Simon Ekpa denies statement

However, Okonjo-Iweala quickly debunked the claim through her official account on X (formerly Twitter).

In her statement, she urged people to stop misusing her name and denounced the allegations as completely false.

Her message read: “I know no sensible person will believe what is contained in the outrageous tweet below, 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!”

Meanwhile, in another tweet, Simon Ekpa denied publishing the alleged statement, linking ... to nonentities.

According to him: “I never tweeted such, it is even surprising that you can tweet this because your name was mentioned, we have been tweeting about the terrorism against your people and you never responded nor showed any remorse.

“Here you are, defending what nonentities did with your name, but have been mute about all the killings by the government you served. I congratulate you for always defending yourself and your integrity, even when they are photoshopped.

“It shows you are really a mother. Thank you for defending yourself but I never tweeted such thing, it is false and fake”.

See screenshot of post below:

Okonjo-Iweala refutes $57.5bn loan to Biafra, Simon Ekpa denies statementOkonjo-Iweala refutes $57.5bn loan to Biafra, Simon Ekpa denies statement

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