The World Trade Organisation Director General, Ngozi Okonjo-Iweala, says the organisation will work to deliver technical assistance, training and quality upgrade to unlock some bottlenecks confronting Nigeria.
Okonjo-Iweala stated this on Monday in Abuja when she visited the Minister of Industry, Trade and Investment, Adeniyi Adebayo, and Minister of State in the ministry, Mariam Katagum.
According to her, WTO is an economic institution that could work with other institutions to support investments and technical assistance to mitigate Nigeria’s economic challenges, noting that the organisation was created with World Bank and International Monetary Fund (IMF).
She added that these three institutions, by working together, could deliver a lot.
She said that Nigeria’s share in world trade was 0.33 per cent which showed a small fraction of what Nigeria could do.
“Our share in Africa’s trade is 19 per cent, which is below our share of Africa’s Gross Domestic Product (GDP). This means we can turn it around.”
“I like to look at the optimistic side, when I saw this I knew that there was potential for us to do much. And that is the message I want to convey to the country.
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