Okonjo-Iweala Advocates for Infrastructure Execution in Nigeria

At the 2026 Delta State Economic and Investment Summit, Ngozi Okonjo-Iweala, the Director-General of the World Trade Organisation and former Nigerian finance minister, emphasized the importance of focusing on effective execution and maintenance of infrastructure rather than solely on budget allocations. She stated that increased public spending does not guarantee sustainable development and highlighted the necessity of a robust maintenance culture.

Okonjo-Iweala pointed out that Nigeria’s natural and financial resources are insufficient without efficient implementation and long-term asset management. She identified critical areas such as better ports, improved digital infrastructure, and lower trade costs that require sustained attention to enhance Nigeria's competitiveness.

Furthermore, she commended Delta State's proposed 2026 budget of N1.664 trillion for its emphasis on capital expenditure and supported the establishment of Special Economic Zones to attract private investment. Okonjo-Iweala also noted the potential for Delta State to become a major commercial hub, easing pressure on existing business centers.