Okonjo-Iweala Pledges WTO Support To Nigeria Through Technical Assistance, Capacity Building, Quality Upgrade
Dr. Ngozi Okonjo-Iweala, Director General of World Trade Organisation (WTO), has pledged that the Organisation would work with Nigeria to help deliver support directly with its resources in technical assistance, capacity building and quality upgrade.
Okonjo- Iweala stated this on Monday during her visit to the Minister of Industry, Trade and Investment, Otunba Adeniyi Adebayo and his counterpart, Amb. Mariam Katagum at the Ministry’s headquarters in Abuja.
She said Nigeria’s share in World Trade is 0.33% while its share in Africa Trade is 19%, noting that it is small fraction of what the country can achieve.
She pointed out that Nigeria must step up action on its economy, stating that trade can be instrumental, if Nigeria could add more value to its products and improve its infrastructure to deliver trade.
According to her, “Nigeria is 103 out 167 countries in logistics and that means we have a long way to go and for me that is a potential area we can invest to improve our logistics, so we can take advantage of trade within the African Continental Free Trade Area(AfCFTA).”