Olayiwola Matthew
The Director-General of the World Trade Organization (WTO), Dr. Ngozi Okonjo-Iweala, has commended President Bola Tinubu for ensuring the stability of Nigeria’s economy.
She made the remarks after a meeting with the President in Abuja on Thursday.
Responding to a question about her perception of Nigeria’s economy, the WTO DG said the economy is now stabilised, adding that the next focus should be on achieving growth.
Okonjo-Iweala said, “We think that the President and his team – and we just exchanged with him – have worked hard to stabilise the economy and you cannot improve an economy unless it’s 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 a 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. So that’s the next step.
How do we build a social safety net to help Nigerians cushion the hardship they are feeling and then how do we grow the economy so we can create more jobs and put more money in people’s pockets, these are issues that we discussed with Mr. President.”