Dwindling Oil Price: Nigeria Won’t Quit World Market – Buhari

Buhari-WTO Delegation

President Muhammadu Buhari has declared that Nigeria will not quit the world market in spite of the dwindling oil price.

The president noted that Nigeria remained fully committed to free international trade despite her current economic circumstances.

Mr. Buhari made this known at the Aso Rock Presidential Villa in Abuja yesterday when he received the Director-General of the World Trade Organisation (WTO), Ambassador Roberto Azevedo.

“I am glad that you are aware of the position we’ve found ourselves, the state of our economy, our consumption pattern, and many others. Despite it all, we remain committed to the ideals of free international trade championed by the WTO”, President Buhari told Azevedo.

Earlier, Azevedo told the president that the WTO would soon start conversations on important issues for Nigeria, including development of Small and Medium scale Enterprises (SMEs), which he described as biggest employers of labour in developing nations.

He also expressed delight that Nigeria continued to work with multilateral organisations.