World Trade Organization (WTO) Director-General Ngozi Okonjo-Iweala has pledged her support for Nigeria during its difficult economic challenges. After a meeting with President Bola Tinubu and Minister-designate Mohammed Ali Pate, Okonjo-Iweala stated that their focus was on supporting Nigeria and alleviating the suffering of its people.
The discussion centered on grassroots programs to empower young people and women. The WTO is considering assisting Nigeria in sectors like agriculture, textiles, and pharmaceuticals. They also aim to support digital trade to create more jobs and economic opportunities.
Okonjo-Iweala emphasized that Nigeria is currently facing hardships, and the efforts will be directed towards alleviating these conditions. They discussed ways to empower Nigerian women and small and medium enterprises to engage in international trade, upgrade product quality, and expand market reach.
Minister-designate Pate added that the President is aware of the difficulties faced by the people and is committed to navigating through these challenges to strengthen the country’s economy and ensure a brighter future.
Opinion: The pledge of support from Ngozi Okonjo-Iweala, the Director-General of the World Trade Organization, is a positive development for Nigeria during a challenging economic period. The focus on grassroots programs and support for women and small businesses aligns with the need to empower vulnerable segments of society and stimulate economic growth.
Empowering women and small enterprises to participate in international trade can contribute to job creation, improved livelihoods, and economic resilience. Additionally, the emphasis on digital trade is crucial in today’s globalized economy, where digital platforms offer opportunities for businesses to reach a wider audience.
It’s encouraging to see international organizations like the WTO engaging with Nigeria to address its economic challenges. Collaborative efforts between the government, international organizations, and various stakeholders can contribute to finding sustainable solutions to the economic difficulties currently faced by the country.
Parrot