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    ALMOND 94.3 FM Ibadan

News

Tinubu working to stabilize Nigeria’s economy – Okonjo-Iweala speaks after closed-door meeting

todayAugust 14, 2025

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The Director General of the World Trade Organization, WTO, Ngozi Okonjo-Iweala, on Thursday said President Bola Tinubu is working to stabilize Nigeria’s economy.

Speaking to journalists after a closed-door meeting with the President at the Presidential Villa in Abuja, Okonjo-Iweala praised Tinubu’s economic reforms, describing them as steps in the right direction.

She said: “The President and his team have worked hard to stabilize the economy and you can’t really improve an economy unless it’s stable.

“He has to be given the credit for the stability of the economy, so the reforms have been in the right direction.

“What is needed next is growth. We now need to grow the economy and we need to put in social safety nets so that the people who are feeling the pinch of the reforms can also have some support to be able to weather the hardship.

“That’s the next step, how do we build social safety nets to help Nigerians cushion the hardship they are feeling and how do we grow the economy so we can create more jobs and put money in people’s pockets? These are issues we discussed with the President.”

 

Written by: Almond News

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