x

Tinubu’s Reforms Stabilising Nigeria’s Economy – Okonjo-Iweala

World Trade Organisation (WTO) Director-General, Dr. Ngozi Okonjo-Iweala, has commended President Bola Tinubu’s economic reforms, describing them as steps in the right direction for stabilising Nigeria’s economy.

Speaking to State House correspondents after a courtesy visit to the President on Thursday, Okonjo-Iweala said their discussions focused on the newly launched Women Exporters Fund for the Digital Economy—an initiative jointly managed by the WTO and the International Trade Centre to support Nigerian women entrepreneurs.

She revealed that Nigeria was one of only four countries selected globally for the programme, with 67,000 women applying and 146 beneficiaries chosen. Sixteen will receive technical and business support for 18 months, while 100 others will each get $5,000 to scale or start businesses, along with 12 months of guidance.

On economic matters, Okonjo-Iweala credited Tinubu’s administration for achieving stability, noting that growth and stronger social safety nets must now follow. “You cannot really improve an economy unless it’s stable… The next step is to grow the economy and build social protection systems to cushion the hardship from reforms,” she said.

She emphasised that combining stability with targeted growth policies and robust safety nets would be vital to job creation, poverty reduction, and long-term prosperity.

Hot this week

EFCC Arraigns Businessman Over Alleged N64m Fraud in Onitsha

By Francis WilfredThe Economic and Financial Crimes Commission...

APC Rejects ADC Claims, Faults Call for INEC Chairman’s Removal

The All Progressives Congress (APC) has dismissed allegations by...

TCN Disputes PHEDC Capacity Claims, Cites Verified 8,700MW Transmission Capability

The Transmission Company of Nigeria (TCN) has challenged capacity...

Kano Assembly Drops Impeachment Proceedings After Deputy Governor’s Resignation

The Kano State House of Assembly has withdrawn impeachment...

ADC Crisis Deepens as Gombe-Led Faction Protests at INEC Headquarters

The leadership crisis within the African Democratic Congress (ADC)...

IMF Plans Up to $50bn Support for Economies Hit by Middle East Conflict

The International Monetary Fund (IMF) says it may provide...

UNIJOS Confirms Death of Two Students in Jos Violence

The Vice-Chancellor of the University of Jos, Tanko Ishaya,...

EFCC Arrests Alleged Fake Football Agent Over N11m Fraud

By Francis WilfredThe Economic and Financial Crimes Commission...

KEDCO Commissions 11kV Feeder to Boost Industrial Power Supply in Kano

The Kano Electricity Distribution Company (KEDCO) has commissioned an...

Delta Government Highlights Infrastructure Push as Driver of Growth and Stability

The Delta State Government says its ongoing infrastructure development...

Delta Partners Energy Firms to Improve Power Supply, Targets Expanded Electricity Access

Delta State Governor Sheriff Oborevwori has reaffirmed plans to...

Related Articles

Popular Categories

spot_imgspot_img