With Arsenal aiming to win the Europa League and secure a top four finish in the Premier League, Ozil could have a crucial part to play in the remainder of the campaign.
Iwobi told The Sun: "Fans sometimes don't appreciate what he gives to the team.
"I don't know the stats but with Mesut in the team you are always going to get at least three chances a game from him.
"He always provides an excellent pass or something, a good move or play that leads to a goal, or almost leads to a goal.'
"Mesut is a great player and he also works hard off the ball."