
Why Nigeria Is Not Attracting Investments – Okonjo-Iwewla
The Director-General of the World Trade Organization (WTO), Dr. Ngozi Okonjo-Iweala has stated that the Federal Government of Nigeria’s trade costs are too high to attract foreign investment.
The former Nigerian finance minister disclosed that the cost was equivalent to 306% tariff, one and half times higher than the cost in high-income countries.
She made the declaration via a video link on the second day of the Mid-term Ministerial Performance Review at the presidential villa, Abuja, with President Muhammadu Buhari, ministers and other top government officials in attendance, where she stressed on the need to improve security to attract foreign …










