General

Nigeria must diversify to attract investment, boost trade surplus – Okonjo- Iweala

Okonjo-Iweala stated this while addressing newsmen after a meeting with the Duchess of Sussex, Meghan Markle and other women in Abuja.

According to the National Bureau of Statistics, NBS, Nigeria recorded one point four one trillion naira trade deficit between October and December of 2023.

Within the period, Nigeria’s exports totaled twelve point six nine trillion naira, and total imports stood at fourteen point one one trillion naira, giving a trade deficit of one point four one trillion naira.

Okonjo-Iweala said Nigeria must do more to attract investment domestically and also from outside.

The WTO boss said the government must also create the environment to attract investment, adding that this would persuade them to invest in certain production and in different kinds of industries to attract people from outside.

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