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Home Uncategorized

NGOZI OKONJO-IWEALA BECOMES WTO DG.

Dili Utomi by Dili Utomi
15/02/2021
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Dr. NGOZI Okonjo-Iweala, the new WTO DG.

By Dili Utomi

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Nigeria’s former Minister of Finance and renowned economist, Ngozi Okonjo-Iweala has been named as the first female and first African head of the World Trade Organization (WTO).

Okonjo-Iweala was officially announced at a special general meeting.
“WTO members have just agreed to appoint Dr Ngozi Okonjo-Iweala as the next director-general,” the global trade body said in a statement, adding that the former Nigerian finance minister and World Bank veteran will take up her post on March 1st.

The former Minister had, a few days ago, received the backing of the administration of US President Joe Biden for the role.

The new DG WTO, Dr. NGOZI Okonjo-Iweala.

The US Trade Representative in a statement cited her “wealth of knowledge in economics and international diplomacy” and said she had “proven experience managing a large international organization.”

Okonjo-Iweala was challenged by South Korean Trade Minister Yoo Myung-Hee who later withdrew from the race for the position.

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