Dr. Ngozi Okonjo-Iweala, Director-General of the World Trade Organization, has emphasized the need for Nigeria to implement deeper reforms to unlock its economic potential. Speaking at a recent conference, she highlighted that structural changes in governance, trade, and investment policies are crucial for fostering a conducive environment for business. Okonjo-Iweala pointed out that Nigeria's vast resources and youthful population present significant opportunities that can be harnessed through effective reforms. She also called for improved infrastructure and better access to finance for small and medium enterprises (SMEs) to stimulate growth. The former finance minister urged stakeholders to collaborate in creating a more transparent and efficient economic framework. Her remarks come at a time when Nigeria is grappling with economic challenges, including inflation and unemployment.
NigeriaNewsFeed summary based on reporting from Punch Newspapers.
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