• About Us
  • Advertise
  • Contact Us
  • Privacy Policy
Friday, October 24, 2025
No Result
View All Result
NewsNet Nigeria
  • Home
  • News
    • Local News
    • National
  • Politics
  • Economy
    • Oil and Gas
  • Crime
  • Education
  • Health
  • Entertainment
    • Lifestyle
  • Sports
  • MORE
    • Interview
    • Editorial
    • Opinion
    • Columns
    • Science & Tech
    • Videos
NewsNet Nigeria
No Result
View All Result
Home Economy

WTO: Okonjo-Iweala resumes duty as DG

by NewsNet Nigeria
5 years ago
in Economy, World News
WTO: Okonjo-Iweala resumes duty as DG
Share on FacebookShare on TwitterShare on LinkedinShare on Whatsapp

Nigeria’s Ngozi Okonjo-Iweala Monday resumed duty as the director-general of the World Trade Organisation, weeks after her appointment was endorsed by the United States and approved by the trade organization.

Her appointment was ratified on February 15.

Okonjo-Iweala is the first woman and the first African to lead WTO.

But her appointment was almost scuppered by the former American president Donald Trump, whose administration preferred South Korea’s trade minister Yoo Myung-hee for the job.

Trump administration’s insistence on Minister Yoo delayed was in spite of Okonjo-Iweala’s endorsement by the key ambassadors of the WTO last October.

But her path to the WTO top job was cleared after Trump was defeated at the polls and the South Korean minister dropping her dream.

President Joe Biden subsequently endorsed the Nigerian for the position, with the US Trade Representative praising her “wealth of knowledge in economics and international diplomacy”.

She is hitting the ground running, with her first day on the job in Geneva coinciding with the annual meeting of WTO’s General Council.

Delegates are expected to agree that the organisation’s next ministerial conference, which had been scheduled for last year but was postponed due to the pandemic, will be held in Geneva in December.

The question remains whether the new WTO chief, considered a strong-willed trailblazer, will be able to mould the organisation in her image before then.

While some observers voice hope that Okonjo-Iweala will inject much-needed energy, others stress she has little wiggle room to make a dramatic change, given that WTO decisions are made by member states — and only when they can reach consensus.

One of her first tasks will be to nominate four new deputy directors to help recharge the organisation’s negotiating mechanisms.

Source: THE GUARDIAN

Previous Post

Okowa decries delay in passage of Petroleum Industry Bill

Next Post

Cult killings: Army, Navy, DSS, CJTF raid black spots in Sapele

MORE NEWS

2ND ANNIVERSARY: NUJ faults Oborevwori on media engagement, public accountability
Economy

Extend Julius Berger Projects to Riverine Areas, Mulade Urges Oborevwori

October 23, 2025
NCDMB’s DRR Training Ends in Delta with Fire, Health Emergency Drills, Certificates, Starter Packs and Cash Awards
Economy

NCDMB’s DRR Training Ends in Delta with Fire, Health Emergency Drills, Certificates, Starter Packs and Cash Awards

October 22, 2025
Delta @ 34: Okumagba Congratulates Deltans, Commends Gov Oborevwori
Economy

Oborevwori Jets to Germany for Strategic Talks with Julius Berger

October 20, 2025
Fubara Cancels ₦134bn Secretariat Contract, Demands ₦20bn Refund from CCECC
Economy

Fubara Cancels ₦134bn Secretariat Contract, Demands ₦20bn Refund from CCECC

October 16, 2025
Next Post
Army confirm arrest of six fake soldiers in Delta

Cult killings: Army, Navy, DSS, CJTF raid black spots in Sapele

Leave Comment

RECENT STORIES

PENGASSAN Under Festus Osifo: A Rejoinder to a Reign of Intimidation and Undemocratic Practices

PENGASSAN Under Festus Osifo: A Rejoinder to a Reign of Intimidation and Undemocratic Practices

October 23, 2025
Oluremi Tinubu Unveils E-Learning Centre in Asaba to Boost Digital Literacy

Oluremi Tinubu Unveils E-Learning Centre in Asaba to Boost Digital Literacy

October 23, 2025
Workers Cry Out as Currenters Nigeria Limited Collapses Amid Allegations of Fraud, Neglect, Unpaid Entitlements

Workers Cry Out as Currenters Nigeria Limited Collapses Amid Allegations of Fraud, Neglect, Unpaid Entitlements

October 23, 2025
Storm Over DELSU Abraka Jobs: Assembly Probes Breach of Governor’s Approval

Crisis Deepens at Ogwashi-Uku Polytechnic as Delta Assembly Backs Suspension of Rector, Bursar

October 23, 2025
Media Attacks On Senator Dafinone: When Criticism Becomes a Tool for Political Blackmail

2027: What Urhobo Nation Needs Is Cohesion and Unity, Not Competition and Fragmentation

October 23, 2025

TRENDING STORIES

  • Delta Police Smash Cult, Armed Robbery Syndicates in Ibusa, Sapele-Warri Axis

    From Asaba to Jeddo: Police Intercept 400 Live Cartridges, Arrest Notorious Drug Baron

    0 shares
    Share 0 Tweet 0
  • Calm Down, It’s a Family Issue — Michael Nwoko Tells Fans Amid Ned-Regina Speculations

    0 shares
    Share 0 Tweet 0
  • Trigger-Happy Cop Nabbed in Delta After Viral Shooting Video, CP Orders Probe

    0 shares
    Share 0 Tweet 0
  • Teargas, Gunfire as #FreeNnamdiKanuNow Protest Erupts in Abuja

    0 shares
    Share 0 Tweet 0
  • Agbor Okada Rider’s Killers Nabbed as Police Recover Decomposed Body

    0 shares
    Share 0 Tweet 0
  • About Us
  • Advertise
  • Contact Us
  • Privacy Policy

NEWSNET NIGERIA Published By: Morex Consult Limited - Since 2020.

No Result
View All Result
  • Home
  • News
    • Local News
    • National
  • Politics
  • Economy
    • Oil and Gas
  • Crime
  • Education
  • Health
  • Entertainment
    • Lifestyle
  • Sports
  • MORE
    • Interview
    • Editorial
    • Opinion
    • Columns
    • Science & Tech
    • Videos

NEWSNET NIGERIA Published By: Morex Consult Limited - Since 2020.