World Trade Organisation (WTO) Director-General, Dr. Ngozi Okonjo-Iweala, has applauded President Bola Tinubu’s efforts to carry stability to Nigeria’s economic system, describing his administration’s reforms as steps in the correct course.
Okonjo-Iweala spoke to State House correspondents on Thursday, August 14, after a courtesy go to to the President, the place she additionally launched a groundbreaking initiative designed to empower Nigerian girls within the digital export area.
“We came to brief Mr. President about something very joyful that we did today with the help of the First Lady, the launch of the Women Exporters Fund for the Digital Economy,” she mentioned.
The fund, collectively managed by the WTO and the International Trade Centre (ITC) in Geneva, goals to strengthen the economic system by supporting girls to resist {financial} challenges, create jobs for themselves, and make use of others.
According to her, Nigeria emerged as one among 4 nations worldwide to profit from the scheme, following stiff competitors.
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On Nigeria’s economic system, Okonjo-Iweala acknowledged that the administration had achieved stability by means of preliminary reforms.
“We assume that the President and his crew have labored arduous to stabilise the economic system. You can’t actually enhance an economic system except it’s steady.
“So he has to be given the credit for that stability. The reforms have been in the right direction,” she acknowledged.
However, she burdened the necessity for insurance policies that drive {economic} enlargement and supply cushioning for these most affected by present reforms.
“What is required subsequent is progress. We now must develop the economic system and construct social security nets in order that people who find themselves feeling the pinch of the reforms can have some help.
“These are issues we discussed with Mr. President, how to grow the economy, create more jobs, and put more money into people’s pockets,” she concluded.
