WTO Reappoints Okonjo-Iweala As Director-general

November 29, 2024

The 166 members of the World Trade Organization, WTO, on Friday, agreed to give incumbent Director -general, Ngozi Okonjo-Iweala a second term in office.

Okonjo-Iweala, is the first woman and the first African to head the WTO and was the only candidate in the race.

According to a statement, Her reappointment was approved by consensus during a special meeting of the organisation’s General Council, held behind closed doors.

Her current term will end in August 2025, and the appointment process for the next term had initially been scheduled to take months.

However, Okonjo-Iweala being the only candidate, African countries called for the process to be speeded up, officially to facilitate preparations for the WTO’s next big ministerial conference, set to be held in Cameroon in 2026.

READ MORE; Okonjo-Iweala Seeks Second Term At WTO

The unstated objective is to “accelerate the process, because they did not want Trump’s team to come in and veto her as they did four years ago”, said Keith Rockwell, a senior research fellow at the Hinrich Foundation.

The common practice of appointing directors-general by consensus made it possible in 2020 for Trump to block Okonjo-Iweala’s appointment for months, forcing her to wait to take the reins until after President Joe Biden entered the White House in early 2021.

Idris Buba
Idris Buba
Correspondent

Hot this week

Nigeria has more people in poverty than China, Indonesia, Vietnam – Obi

Peter Obi, the former Labour Party presidential candidate, has...

FG declares Friday, Monday as Easter holidays

By Solomon OdeniyiThe Federal Government has declared Friday, April 18,...

NACA mourns Pope Francis

The National Agency for the Control of AIDS (NACA)...

Inflation Crisis Deepens as Rates Exceed 30% in Abuja, Ten Nigerian States

Inflation Crisis Deepens as Rates Exceed 30% in Abuja,...

Gombe women farmers decry post-harvest losses

By Chima AzubuikeSmall Scale Women Farmers Organisation in Nigeria, Gombe...

Analysts Review

Dangote Petitions ICPC Over Alleged Corruption Of NMDPRA Boss.

December 16, 2025A petition against the Managing Director of...

MTN Nigeria Hits 52-Week High At NGX

December 12, 2025MTN Nigeria Plc, on Friday hit a...

FG, States, LGs Share N1.928trn Revenue For November – FAAC.

December 16, 2025The December meeting of the Federation Account...

Capital Infractions: CBN Revokes 2 Mortgage Banks’ Licenses.

December 16, 2025In a circular signed by its Ag....

Spot FX Rate Drops To N1,455 At NFEM.

December 11, 2025As pressure on liquidity continues to linger,...

In A Deregulated Aviation Sector Govt. Cannot Regulate Ticket Prices — Minister.

December 11, 2025The Minister of Aviation and Aerospace Development,...

Market Stability Concerns Raised As CBN Approves 82 BDC Licenses. 

December 11, 2025Notable concerns have been stirred across Abuja’s...

NHRC Urges Government, Citizens To Make Human Rights Part Our Daily Actions.

December 10, 2025The National Human Rights Commission, NHRC, has...
spot_img

Related Articles

Popular Categories

spot_imgspot_img