WTO Chief Okonjo-Iweala Advocates Policy Consistency

The Director General of the World Trade Organisation (WTO), Ngozi Okonjo-Iweala, has advocated policy consistency in Nigeria regardless of change from one administration to another.

Okonjo-Iweala was delivering a keynote address titled, ‘A Social Contract for Nigeria’s Future’ at the opening ceremony of the 2024 Annual General Conference of the Nigerian Bar Association (NBA) on Sunday.

Addressing a room filled with lawyers at the Eko Hotel & Suites in Lagos, she said, “Maintaining good economic and social policies; maintaining policy consistency and adding more reforms on top of that will lead us along the path of good progress that we all desire.”

The former Nigerian finance minister criticized what she called the “not-in-my-administration syndrome” in governance which she said has been responsible for the not-so-good economic performance of Nigeria.

She said Nigeria needs a social contract and that all Nigerians regardless of political or other affiliations should agree on a social contract adding that certain sacrosanct policies should not be changed whenever Nigeria witnesses administration changes.

She said some of these policies should be made into law after being scrutinised by the public. Okonjo-Iweala said maintaining policy consistency and adding more reforms on top of that will along the path of good governance that we all desire.

According to her, the security of lives and national assets should be prioritised in the social contract, adding that basic organs of the economy should be left to work independently.

Former President of Ghana John Mahama and the President of the Court of Appeal of Nigeria, Justice Monica Dongban-Mensem, were physically at the event while President Bola Tinubu was represented by Vice President Kashim Shettima.


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