< Back to situations

Monitor this situation.

[SITUATION] · [QUIET] · [INTERNATIONAL]

2 clusters · 6 sources · 5 days · First seen · Last updated

Nigeria engagement with the WTO

Overview

Nigerian officials have engaged in high-level discussions regarding the role of the World Trade Organization (WTO) and the multilateral trading system.

On September 14, Vice President Kashim Shettima met with WTO Director-General Dr. Ngozi Okonjo-Iweala in New Delhi. Shettima reaffirmed Nigeria’s commitment to multilateralism, stating that “sustainable prosperity cannot be achieved through isolation” and emphasizing the economic importance of global interconnectedness.

Following this, on September 18, Deputy Speaker of the House of Representatives Benjamin Kalu addressed the WTO Parliamentary Conference in Geneva. Kalu urged the organization to deliver concrete results on investment facilitation and public stockholding for food security. He warned that delays in these areas, particularly the unfulfilled commitments regarding food security since the 2013 Bali Ministerial Conference, are “undermining confidence in the multilateral trading system.”

Entities

World Trade Organization · Ngozi Okonjo-Iweala · Nigeria · Musa Usman · Benjamin Kalu

Timeline

  1. [INTERNATIONAL] 3 sources
    Benjamin Kalu urges WTO to address food security and investment

    Nigeria’s Deputy Speaker Benjamin Kalu urged the WTO to resolve issues regarding food security and investment facilitation to maintain confidence in the multilateral trading system.

  2. [POLITICS] 4 sources
    Nigeria reaffirms commitment to WTO and multilateralism

    Vice President Kashim Shettima reaffirmed Nigeria’s support for the WTO and multilateralism during a meeting with Director-General Ngozi Okonjo-Iweala in New Delhi.

Sources

blueprint.ng · citybusinessnews.com · dailytrust.com · kapitalfm.gov.ng · newtelegraphng.com · tribuneonlineng.com