Ngozi Okonjo-Iweala Advises PMB on Nigeria’s Trade Costs

The Director-General of the World Trade Organization, Ngozi Okonjo-Iweala, yesterday, told President Muhammadu Buhari, ministers and other top government officials that Nigeria’s trade costs are too high.

Speaking to them via a video at the presidential villa, Abuja, she also spoke of the need to improve security to attract foreign and domestic investments.

She said the country must cut down not only on trade cost but also infrastructure cost, linkage cost, regulatory cost, customs cost, and all costs associated with moving goods from the factory to the final consumer to complement investment facilitation.


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