The Heads of the World Bank Group (WBG), International Monetary Fund (IMF), United Nations World Food ProgramME (WFP), and World Trade Organisation (WTO) have called for urgent action on food security. World Bank Group President David Malpass, IMF Managing Director Kristalina Georgieva, WFP Executive Director David Beasley and WTO Director General Ngozi Okonjo-Iweala in a joint statement ahead of the Read More
The World Trade Organisation (WTO) ranks Nigeria as the largest food market in Africa with significant investment in the local industry and a high level of imports. The food and beverage sector is estimated to contribute 22.5% to the manufacturing industry value, and 4.6% of the country’s GDP. The Raw Materials Research and Development Council (RMRDC) is working judiciously to further Read More
The World Trade Organisation (WTO) said Africa is working with the European Union and other partners to help create regional vaccine manufacturing hubs with Nigeria, South Africa, Senegal and Rwanda. WTO Director-General Ngozi Okonjo-Iweala, said on Monday during a virtual meeting, “We have now seen that over-centralisation of vaccine production capacity is incompatible with equitable access in a crisis situation.’’ Read More
The disclosure by the Director General of World Trade Organisation (WTO), Dr. Ngozi Okonjo-Iweala, that the organisation is worried about Nigeria’s multiple exchange rate regime and how it will affect trade should serve as a wake-up call on Nigeria’s economic managers, particularly the fiscal and monetary policy makers (the Central Bank of Nigeria). Okonjo-Iweala, who expressed the concern while fielding Read More
President Muhammadu Buhari had said he remained fully committed to seeing more Nigerian women in leadership positions, both at national and international institutions. He also gave the assurance that women’s access to credit would be further eased, and more space would be created for them to participate in politics. The president gave the assurance when he received National and International Read More
The World Trade Organisation (WTO) is set to work with the Nigeria Export Promotion Council (NEPC) and the Ministry of Industry, Trade and Investments and the entrepreneurs directly to tackle challenges facing goods production, packaging and export in the country. The Director-General of WTO, Dr Okonjo-Iweala noted it on Wednesday in Abuja assuring to support entrepreneurship investment to trade so Read More
The Central Bank of Nigeria (CBN) has defended its restrictive policy, stressing that it was meant to protect local industries from unfavorable competition and to create jobs for Nigerians. According to the apex bank’s governor, Godwin Emefiele, with the country’s high unemployment was inevitable to create job opportunities and provide an enabling environment for the unemployed to live a gainful Read More
The Director-General of the World Trade Organisation (WTO), Dr. Ngozi Okonjo-Iweala, has said the insufficient structural change has made Nigeria more vulnerable. Dr. Okonjo-Iweala noted this when she met with captains of industry in Abuja on Tuesday, adding that the vulnerability caused the fall of oil prices five years ago and now it must grapple with the impact of the Read More
The disclosure by the Director General of World Trade Organisation (WTO), Dr. Ngozi Okonjo-Iweala, that the organisation is worried about Nigeria’s multiple exchange rate regime and how it will affect trade should serve as a wake-up call on Nigeria’s economic managers, particularly the fiscal and monetary policy makers (the Central Bank of Nigeria). Okonjo-Iweala, who expressed the concern while fielding Read More
The Director General of World Trade Organization, Dr. Ngozi Okonjo-Iweala, said Monday that the organisation is worried about Nigeria’s multiple exchange rate regime and how it will affect trade.Okonjo-Iweala said this while fielding questions from State House correspondents after a meeting with President Muhammadu Buhari in Abuja. She said some WTO member states have complained about Nigeria’s invoking the balance Read More
The director-general World Trade Organisation, Dr Ngozi Okonjo-Iweala has said if the country must step up action on its economy, trade negotiations on agricultural issues remains very important. Dr Iweala is a leader on issues of e-commerce, services domestic regulations, investment facilitation, micro small and medium enterprises and women in trade. She stated this on Monday in Abuja during her Read More
Professor Chukuka Okonjo, the father of new Director General of World Trade Organisation (WTO) Dr. Ngozi Okonjo-Iweala has died at the age of 91. This was revealed by the Dr. Ngozi on Monday. Details loading…
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