“Nigeria’s average GDP growth rate has been negative since 2014 – Okonjo-Iweala

Okonjo Iweala on GDP

Director-General of the World Trade Organisation (WTO), Ngozi Okonjo-Iweala, has highlighted that Nigeria’s average Gross Domestic Product (GDP) growth rate has been steadily declining since 2014, indicating a downturn in the economic well-being of Nigerians. Speaking at the Nigerian Bar Association (NBA) annual general conference at the weekend, Okonjo-Iweala noted that Nigeria’s economic fortunes reversed following a decade of positive growth between 2000 and 2014 when the average GDP growth rate was approximately 3.8%. During this period, GDP growth outpaced the nation’s population growth by around 2.6% annually. However, the situation, according to her,…

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‘Insecurity in Nigeria fuelled by politicians’ – Ngozi Okonjo-Iweala

Ngozi Iweala on oik theft

Director-General of the World Trade Organisation, (WTO), Ngozi Okonjo-Iweala, has stated that some politicians fuel the country’s instability for political and selfish gain. Speaking on Sunday at the opening ceremony of the 2024 Annual General Conference of the Nigerian Bar Association (NBA), in Lagos State, Okonjo-Iweala said the actions of politicians have led the nation to its current state. The former Minister of Finance, who delivered a keynote address, titled: ‘A Social Contract For Nigeria’s Future’, asserted that there would not be any development in the country without having adequate…

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WTO: Okonjo-Iweala emerges as first female, African DG

…New D-G lists priorities …”She brought more honour to Nigeria” – Buhari Following the convening of the special council general meeting of the World Trade Organisation, (WTO), its members yesterday agreed by consensus to select Dr. Okonjo-Iweala as the organisation’s seventh Director-General. The official announcement was made by the global trade body via social media, as it tweeted: “Breaking: Ngozi Okonjo-Iweala from Nigeria is appointed as the next WTO Director-General. Dr. Okonjo-Iweala makes history as the first woman and the first African to lead the WTO. Her term starts on the…

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Katsina abduction: “Those using our children as pawns must be held accountable” – Okonjo-Iweala

Former finance minister and current World Trade Organisation, (WTO) DG candidate, Dr. Ngozi Okonjo-Iweala has stated that the abduction of over 300 boys of Government Science Secondary School in Kankara, Katsina is heartbreaking, and urged that people using the boys as pawns must be held accountable. Dr. Ngozi Okonjo-Iweala tweeted this in a social media statement on Tuesday evening. On her official Twitter page, she wrote: “The abduction of more than 300 school boys in Katsina is heartbreaking. What a recurring nightmare. “My heart goes out to the families of…

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