Dr. Ngozi Okonjo-Iweala, the Director General of the World Trade Organisation (WTO), has emphasized the need for Nigeria and other African nations to focus on adding value to their abundant mineral resources before exporting them. Speaking at the 7th African Emerging Markets Forum in Abuja, she highlighted that enhancing value addition could significantly boost the continent's economy. Okonjo-Iweala urged African countries to adopt strategic measures that would transform raw materials into finished products, thereby increasing their competitiveness in global markets. She pointed out that this approach would not only create jobs but also foster sustainable economic growth. The forum, hosted by the Central Bank of Nigeria, served as a platform for discussing the challenges and opportunities facing emerging markets in Africa.
NigeriaNewsFeed summary based on reporting from tribuneonlineng.
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