Okonjo-Iweala Lauds Tinubu’s Economic Reforms, Warns Digital Divide Threatens Nigeria’s Share In $4.25tn Trade

Ngozi Okonjo-Iweala, the former Finance Minister and current head of the World Trade Organisation (WTO), praised the economic reforms implemented by President Bola Tinubu as a step in the right direction. Speaking to State House Correspondents in Abuja, she emphasized the importance of stability in the economy as a foundation for growth.

Okonjo-Iweala highlighted the need to strengthen the economy, expand social safety nets, and create jobs to support ongoing reforms. She also warned about Nigeria's digital divide, noting that the country's lack of digital readiness could hinder its share in the $4.25 trillion global digital trade market.

With only 45% of Nigerians connected to the internet, compared to the global average of 67%, she urged the government to prioritize bridging the digital gap to unlock economic opportunities, especially for women entrepreneurs. Okonjo-Iweala's comments came as she participated in the launch of the Women Exporters Fund and a digital economy.