- WTO DG said next phase is growing economy after reforms stabilised macroeconomic indicators.
- The DG also stressed the need for inclusive growth to match economic stability gains.
The director general of the World Trade Organization, Ngozi Okonjo-Iweala, on Thursday said President Bola Tinubu is working to stabilise Nigeria’s economy.
Okonjo-Iweala disclosed this to journalists after her meeting with Tinubu at the Presidential Villa, Abuja.
The WTO DG had earlier met the president behind closed doors.
She said Tinubu should be acknowledged for his economic reforms, noting that they were in the right direction.
“The President and his team have worked hard to stabilise the economy and you can’t really improve an economy unless it’s stable,” she said.
“He has to be given the credit for the stability of the economy, so the reforms have been in the right direction.”
Okonjo-Iweala stressed that the next phase for Nigeria should focus on economic growth.
She said the country must also put in place social safety nets to protect citizens bearing the brunt of the reforms.
“That’s the next step, how do we build social safety nets to help Nigerians cushion the hardship they are feeling and how do we grow the economy so we can create more jobs and put money in people’s pockets? These are issues we discussed with the President,” she added.