…Lauds Govt On Reform Initiatives
The Director General of the World Trade Organisation (WTO), Dr Ngozi Okonjo-Iweala, has appealed to President Bola Tinubu to provide safety nets to cushion the effects of hunger and hardship associated with current fiscal reforms of his administration on ordinary Nigerians.
The former Minister of Finance and Coordinating Minister of the Economy made the plea on Thursday after her meeting with the President at Aso Villa in Abuja.
While commending the president for the economic reform initiatives of his administration, including the fuel subsidy removal and the unification of the foreign exchange (FX) windows, Okonjo-Iweala charged the President to ensure that poor Nigerians had get the social and economic supports to cope with the economic hardship occasioned by the reforms.
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She advocated: “We think that the President and his team have worked hard to stabilize the economy. You cannot really improve an economy unless it is stable. So, he has to be given the credit for the stability of the economy. 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 people who are feeling the pinch of the reforms can also have some support to weather the hardship. That’s the next step”, the WTO boss added.
