Agbakoba opposes Okonjo-Iweala’s liberal commerce insurance policies

By John Austin Unachukwu

A musty President of the Nigerian Bar Affiliation (NBA) Dr Olisa Agbakoba (SAN) on the weekend disagreed with the Director-Classic of the World Commerce Organisation (WTO) Dr Ngozi Okonjo-Iweala over her demand Nigeria to promote liberal commerce insurance policies by opening her borders without cost waft of things and companies

A press liberate signed by Dr Agbakoba reads: “My admiration for Dr Ngozi Okonjo-Iweala is tall but to hiss us to proceed to be import dependent is no longer ethical coverage advice at the present.

“Nigeria has no fresh Commerce coverage and Dr Okonjo-Iweala looks to be to promote liberal and originate borders. The sphere is that we can remain shoppers of imported merchandise and would possibly perchance moreover no longer safe our economy to spice up production and offers jobs to the over 25 million unemployed.

“Whereas we must forever balance import coverage with native production coverage, we must forever impress the warning of real looking economists that we are in a position to no longer safe except our commerce coverage is designed to promote native industries.

Read Additionally: WTO DG Okonjo-Iweala meets Osinbajo, appreciates his enhance

”I hesitate to compliment Trump’s The USA First commerce coverage but Trump understood the ought to offer protection to the US by discouraging over dependence on imports.

Nigeria produces shameful but imports petrol. We make cocoa but import cocoa powder. We have Tin, Gold and Iron but import the done merchandise in billions!

“We closed our Benin border to imports and made 12 billion a day internally. It become a very good commerce coverage to make rice in the community that has made us end to self-sufficient.

Now, we’re rising tomato, corn, beans, etc. because we’re discouraging imports.

Nigerians be real looking. We ought to enhance made-in-Nigeria. I propose we undertake a brand new commerce coverage with strong commerce regulations to give protection to our in unhappy health economy. Nigeria shall be transformed by a made in Nigeria Commerce coverage.”

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