Okonjo-Iweala: Attract Investors to Cut Imports, Boost Jobs

DAVOS – The Director-General of the World Trade Organization (WTO), Dr. Ngozi Okonjo-Iweala, has advised the Federal Government to strategically target global investors as a pathway to reduce Nigeria’s import dependency and stimulate job creation.

Speaking on the sidelines of the World Economic Forum (WEF) 2026 in Davos, Switzerland, the former Nigerian finance minister emphasized the need to attract investments into key productive sectors like agriculture, manufacturing, and renewable energy.

She stated that such targeted investments would help Nigeria produce more of what it consumes, conserve foreign exchange, and generate meaningful employment for its growing youth population. Okonjo-Iweala urged the government to improve the business climate to make these sectors more attractive to foreign capital.

The advice comes amid ongoing government efforts to revitalize the national economy and achieve sustainable growth.

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