The Director General of the World Trade Organisation (WTO), Dr Ngozi Okonjo-Iweala, has commended the efforts of President Bola Tinubu in stabilizing the economy of Nigeria.
Speaking on Thursday after a visit to the President in Abuja, the WTO chief said the reforms implemented by the Tinubu government are steps in the right direction.
She, however, called for the implementation of social safety nets for vulnerable Nigerians who are most hit by the pains of President Tinubu’s economic reforms.
The former Finance Minister stated that with the economy stabilized, the next line of action is to grow the economy.
Speaking with newsmen after a closed-door discussion with the President, Okonjo-Iweala said, “We think that the President and his team have worked hard to stabilize the economy. You cannot really improve an economy unless it is stable. So, he has to be given the credit for the stability of the economy. The reforms have been in the right direction.
“What is needed next is growth; we now need to grow the economy and we need to put in social safety nets so that people who are feeling the pinch of the reforms can also have some support to weather the hardship. That’s the next step.”
Naijaonpoint reports that Tinubu’s meeting with Okonjo-Iweala took place two weeks before the expiration of her first term as WTO Director-General on August 31, 2025, and the commencement of her second term on September 1, 2025.
© 2025 Naijaonpoint, a division of NOP Media Inc. Contact us via [email protected]