FG to Okonjo-Iweala: push for gas to be classified as transition energy

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BY DEJI OGUNSOLA

The federal government has tabled a list of requests it wants Ngozi Okojo-Iweala to help address as Director General of World Trade Organization (WTO).

First, Nigeria wants Ngozi Okojo-Iweala to support the nation’s push for the country’s gas to be classified as transition energy.

Minister of finance Mrs. Zainab Ahmed made the plea in Abuja on Monday when the Director General of the WTO Dr. Ngozi Okojo-Iweala paid her an official visit.

the WTO Director General, Dr Ngozi Okojo-Iweala said her “visit is to see how WTO can support Nigeria and improve her ability to trade.”

To support Nigeria’s trade she noted has become imperative giving that “Nigeria’s share of world trade is 0.33 percent and then in logistics of trade we are 103 out of 167 and generally 19 percent of African trade.”

While promising to help Nigeria, Okonjo-Iweala said she sees Nigeria’s poor figures regarding trade as “a fantastic opportunity to take advantage of the AfCFTA and be able to expand and one of the objectives is to see how the WTO can help and add value to our primary products especially within Africa.
SOURCE-THE NATION

 

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