WTO’s Okonjo-Iweala Visits Nigeria, Harps On Fisheries Subsidies, Vaccine Production

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The Director-General of the World Trade Organisation, Dr. Ngozi Okonjo-Iweala has called for more support from local manufacturers to guard against imports of vaccines and other pharmaceutical products.

This was made known during her second visit to the Ministry of Industries, Trade and Investment in Abuja on Monday.

The WTO DG who discussed the importance of trade relationships in Nigeria and Africa with a focus on fisheries subsidies and local vaccine production in the country, stressed that fisheries subsidy is key to Nigeria.

She asserted that to ensure improved output, she said a revised draft agreement for new global rules aims to curb harmful fishing subsidies and curtail post-harvest losses.

The issues were part of a broad discussion on how to improve trade and export while leveraging the opportunities the African continental free trade agreement offers.

Dr Okonjo-Iweala said the WTO is also looking at soaring inflation rates beyond improving trade ties in Nigeria and Africa.

He noted that the WTO is taking measures to ensure that all restrictions on food flow to member countries are addressed.

Gbenga Ojo
Gbenga Ojo
Hamilton Nwosa is an experienced, and committed communication, business, administrative, data and research specialist . His deep knowledge of the intersection between communication, business, data, and journalism are quite profound. His passion for professional excellence remains the guiding principle of his work, and in the course of his career spanning sectors such as administration, tourism, business management, communication and journalism, Hamilton has won key awards. He is a delightful writer, researcher and data analyst. He loves team-work, problem-solving, organizational management, communication strategy, and enjoys travelling. He can be reached at: hamilton_68@yahoo.com

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