Categories: Nigeria News

Okonjo-Iweala emerges WTO Director General

Former Nigeria’s finance minister, Ngozi Okonjo-Iweala has emerged as the new director-general of the World Trade Organisation.

The former minister clinched the position by a wide margin against fellow South Korean Yoo Myung hee contestan.

Recall that Mrs. Okonjo-Iweala received widespread support from Africa, Europe and other continents before now.

She was a former World Bank executive who has sat on the boards of several international organisations, including Twitter and the Global Vaccine Alliance.

Her victory came days after European Union member nations backed her candidacy against Ms. Myung hee, who was supported by the United States.

Earlier this month, South African President Cyril Ramaphosa, chairman of the African Union, said Africa will ensure her emergence for the top WTO job.

Ben Idah

Recent Posts

Soaring rice prices threaten Christmas celebrations for Nigerian families

Rice, a staple for Christmas celebrations in Nigeria, has become a luxury this year. Soaring…

1 day ago

Panic as Stage collapses during Odumodublvck’s performance at Lagos concert

Panic erupted on Saturday at a concert in Lagos when the stage collapsed during Odumodublvck’s…

1 day ago

2025 Budget: FG allocates ₦6.36bn for renovation of Tinubu, Shettima’s official quarters

The Federal Government of Nigeria has allocated ₦6,364,181,224 billion for the refurbishment and rehabilitation of…

1 day ago

Black Market Dollar to Naira Exchange Rate Today 22nd December 2024

The black market dollar to naira exchange rate for today, 22nd December 2024, can be…

1 day ago

NNPC debunks shutdown rumors, confirms fuel loading at Port Harcourt Refinery

The Nigerian National Petroleum Company Limited (NNPCL) has refuted claims that the 60,000 barrels per…

1 day ago

‘We have to find a way’ – Guardiola laments after defeat to Aston Villa

Manchester City finds itself in unprecedented turmoil, with relegation-level form showing little sign of improvement.…

1 day ago