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    ALMOND 94.3 FM Ibadan

News

OKONJO-IWEALA REAPPOINTED AS WORLD TRADE ORGANISATION DIRECTOR GENERAL

todayNovember 29, 2024 1

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President Bola Tinubu has congratulated former Coordinating Minister for the Economy and Minister of Finance, Dr Ngozi Okonjo-Iweala on her re-election as the Director-General of the World Trade Organisation.

In a statement by the Special Adviser to the President on Information & Strategy, Bayo Onanuga, Tinubu noted that Okonjo-Iweala’s unanimous appointment demonstrates the trust and confidence the international community places in her leadership, to advance multilateral trade for sustainable global development.

President Tinubu assured Okonjo-Iweala of Nigeria’s steadfast support as she consolidates her bold reforms, dedication to equitable global trade practices, and tireless efforts to promote international cooperation.

The General Council of the World Trade Organisation had agreed by consensus to reappoint Okonjo-Iweala as DG for a second four-year term, stressing that the decision reflects broad recognition of her exceptional leadership and strategic vision for the future of the WTO.

In her remarks, Okonjo-Iweala pledged to continue championing trade as a driver of economic growth and resilience while reinforcing the multilateral trading system.

The renowned development economist and global finance expert made history in 2021 as the first African and first woman to lead the 164-nation-member WTO.

Her reappointment will take effect on September 1, 2025.

Written by: Almond News

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