The Director-General, World Trade Organisation (WTO), Dr. Ngozi Okonjo-Iweala says the WTO will support Nigeria in capacity building, technical assistance to improve quality of exportable products and empowerment of women entrepreneurs.
Dr. Okonjo-Iweala who said this at a reception by the Minister of Foreign Affairs, Geoffrey Onyeama noted that Nigeria stands to benefit from the WTO by becoming a part of the multilateral trading system through encouraging and pushing more trade activities.
“Nigeria has to do more, add value to its products and export more. Right now, Nigeria has 0.3% of World Trade and 19% of Africa Trade, see it as a big opportunity to make use of the Africa Continental Free Trade Agreement (ACFTA)”, she said.
Also speaking at the reception, Ambassador and Permanent Representative of Barbados to the World Trade Organisation, Chad Blackman said the government of Barbados was interested in strengthening bilateral ties with Nigeria in the area of trade and investment and cultural cooperation, noting that Nigerians need no Visa to access Barbados.
He added that the appointment of Dr. Ngozi Okonjo-Iweala was a pride to Nigeria and Africa as well as she made history by becoming the first female Director-General of the WTO.
In his speech, Minister of Foreign Affairs, Geoffrey Onyeama said the federal government of Nigeria would give the Director-General all the necessary support to excel in her global assignment as her success was a global success.