Okonjo-Iweala Applauds Tinubu’s Reforms, Says Nigeria’s Economy Regaining Stability
The Director-General of the World Trade Organisation (WTO), Dr. Ngozi Okonjo-Iweala, has praised President Bola Tinubu’s administration for implementing reforms that are helping restore stability to Nigeria’s economy.
Speaking after a closed-door meeting with the President at the Presidential Villa on Thursday, Okonjo-Iweala described their interaction as “very good” and lauded Tinubu for his “gracious” reception.
Earlier in the day, she joined First Lady Senator Oluremi Tinubu to launch the Women Exporters Fund a joint initiative between the WTO and the International Trade Centre (ITC) in Geneva. The programme aims to support Nigerian women entrepreneurs to expand their businesses, create jobs, and thrive in the digital economy.
According to her, Nigeria was one of only four countries globally selected for the programme. Out of 67,000 applicants, 146 Nigerian women were chosen as beneficiaries.
Under the “Booster Track” category, 16 winners with established businesses will receive 18 months of technical and business development support from the WTO, ITC, the Federal Ministry of Industry, Trade and Investment, and the Nigerian Export Promotion Council.
Another 100 beneficiaries will each get $5,000 in direct funding plus a year of business development assistance, while the rest will benefit from tailored support to grow their enterprises.
“This is just the beginning,” Okonjo-Iweala said, expressing confidence that the initiative would help diversify Nigeria’s economy and empower women nationwide.
On Nigeria’s economic outlook, the former Minister of Finance noted that the reforms undertaken by the Tinubu government have provided much-needed stability, which she described as an essential foundation for sustainable growth.
