Dr. Ngozi Okonjo-Iweala Praises Tinubu’s Economic Reforms

Okonjo-Iweala affirms Nigeria is pursuing correct economic trajectory.

The Director-General of the World Trade Organisation, Dr. Ngozi Okonjo-Iweala, held a private meeting with President Bola Tinubu at the Presidential Villa in Abuja on August 14.

The closed-door discussion between Tinubu and Okonjo-Iweala took place at the seat of government, focusing on trade issues of national, continental, and global significance.

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Following their meeting, the former Finance Minister addressed journalists at the State House. She affirmed that the President’s economic strategies are yielding results and have succeeded in bringing stability to the economy.

“We (The WTO) think the President and his team have worked hard to stabilize the economy and you cannot improve on an economy unless it is stable so he has to be given the credit for stability of the economy,” the WTO boss said.

“The reforms have been in the right direction.”

The economics specialist went on to recommend that what “is needed next is growth.”

“We now need to grow the economy and we need to put in social safety net so that people who are feeling the pinch of the reforms can also have some support to be able to weather the hardship.”

Her remarks may face criticism from Nigerian citizens, given that the nation has experienced economic downturn and elevated inflation rates.