World Trade Organisation Director-General Ngozi Okonjo-Iweala has urged Nigerians not to surrender to despair despite the economic hardship confronting households and businesses. She acknowledged that "things are tough" but insisted that the country still has significant strengths to build on. Okonjo-Iweala's message came as Nigeria marked its 66th Independence Anniversary on October 1, 2026.
Okonjo-Iweala highlighted the resilience, energy, and entrepreneurial spirit of Nigerians as qualities that should sustain hope. She described citizens as a "forthright, energetic, entrepreneurial, never-say-never set of people" who continue to push forward despite adversity. The WTO chief noted that people in different parts of the world are also experiencing hardship and uncertainty.
The economic pressures confronting Nigerians are part of wider global economic pressures. Okonjo-Iweala cautioned against allowing the prevailing difficulties to overshadow the positive attributes of Nigerians and the potential of the country. She pointed to the ability of Nigerians to adapt, create opportunities, and persist in the face of adversity.
Nigeria's 66th Independence anniversary provided an opportunity for citizens and leaders to reflect on the country's journey since October 1, 1960, when it gained independence from British colonial rule. The country has experienced major political, economic, and social transformations, including military rule, the return to democratic government, economic reforms, periods of growth, and severe economic downturns.
Despite its vast natural and human resources, Nigeria continues to face significant socioeconomic challenges, including poverty, unemployment, insecurity, and pressure on household incomes. Okonjo-Iweala's message acknowledged the reality of those difficulties without suggesting that they should define the country or its people.
Okonjo-Iweala's emphasis on entrepreneurship also reflected the prominent role of small businesses and individual enterprise in Nigeria's economy. Millions of citizens depend on formal and informal businesses for their livelihoods. Her message celebrated Nigerians for their perseverance and determination.
Okonjo-Iweala ended her message on a patriotic note, saying: "I celebrate you all! Up Naija!" The WTO Director-General has previously spoken about the need for stronger economic institutions, investment, and reforms to create sustainable opportunities. Her Independence Day message focused primarily on Nigerians themselves.
Key points
- Okonjo-Iweala urges Nigerians to stay hopeful despite economic challenges.
- She highlights the resilience and entrepreneurial spirit of Nigerians.
- Nigeria marks its 66th Independence Anniversary on October 1, 2026.
