Okonjo-Iweala: Tinubu’s Reforms Are on the Right Track, Have Helped Stabilize the Economy

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President Bola Tinubu held a closed-door meeting today, August 14, with the Director-General of the World Trade Organization (WTO), Dr. Ngozi Okonjo-Iweala, at the Aso Villa in Abuja.

The high-level discussion focused on key trade issues with national, continental, and global implications.

Following the meeting, Dr. Okonjo-Iweala, a former Nigerian Minister of Finance, spoke with State House correspondents. She commended President Tinubu’s administration for taking significant steps to stabilize the economy, noting that such stability is essential for future growth.

“We at the WTO believe the President and his team have worked hard to stabilize the economy,” she said. “You cannot improve an economy unless it is stable, so he deserves credit for that. The reforms have been in the right direction.”

She added that while stability is a critical first step, the next phase should focus on economic growth and strengthening social safety nets.

“We now need to grow the economy,” she stated, “and ensure there are support systems in place for those bearing the brunt of the reforms.”

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