• About Us
  • Advertise
  • Contact Us
  • Privacy Policy
Monday, June 15, 2026
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

Senate Orders Mele Kyari’s Arrest Over Alleged N210 Trillion NNPCL Discrepancy
Economy

Senate Orders Mele Kyari’s Arrest Over Alleged N210 Trillion NNPCL Discrepancy

June 11, 2026
Delta’s Governance Ranking Reflects Strategic Investments, Strong Leadership — Adjogbe
Economy

Delta’s Governance Ranking Reflects Strategic Investments, Strong Leadership — Adjogbe

June 10, 2026
DESOPADEC Boss Nani Hails Oborevwori as Delta Ranks Nigeria’s Second Best-Governed State
Economy

DESOPADEC Boss Nani Hails Oborevwori as Delta Ranks Nigeria’s Second Best-Governed State

June 10, 2026
2027: Ndokwa Nation Backs Oborevwori, Condemns Power Infrastructure Vandalism, Welcomes More Development Pledge
Economy

2027: Ndokwa Nation Backs Oborevwori, Condemns Power Infrastructure Vandalism, Welcomes More Development Pledge

June 9, 2026
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

Assembly’s 3rd Anniversary: Oborevwori Says Partnership with Lawmakers Fuels Delta’s Growth

Assembly’s 3rd Anniversary: Oborevwori Says Partnership with Lawmakers Fuels Delta’s Growth

June 14, 2026
APC Clarifies: No Dues Payment Proof Needed To Vote In Ongoing Primaries

Defection Fallout Deepens as Delta APC Forum Demands Overhaul of Party Structures

June 14, 2026
Adjogbe Salutes Dafinone at Three Years, Commends Peaceful Leadership, Inclusive Representation

Adjogbe Salutes Dafinone at Three Years, Commends Peaceful Leadership, Inclusive Representation

June 14, 2026
Three Years After: Dafinone Reflects on Senate Journey, Renews Pledge to Delta Central

Three Years After: Dafinone Reflects on Senate Journey, Renews Pledge to Delta Central

June 13, 2026
Delta Police Arrest Four Suspected Gun Runners Linked to Effurun Beretta Pistol Case

Midnight Distress? Delta Police Reveal Emergency Numbers to Call

June 12, 2026

TRENDING STORIES

  • Delta Police Arrest Four Suspected Gun Runners Linked to Effurun Beretta Pistol Case

    Delta Police Arrest Four Suspected Gun Runners Linked to Effurun Beretta Pistol Case

    0 shares
    Share 0 Tweet 0
  • INEC Restores Six Delta Assembly Constituencies Ahead of 2027 Polls, Orders Fresh Party Primaries

    0 shares
    Share 0 Tweet 0
  • Midnight Distress? Delta Police Reveal Emergency Numbers to Call

    0 shares
    Share 0 Tweet 0
  • Delta’s Governance Ranking Reflects Strategic Investments, Strong Leadership — Adjogbe

    0 shares
    Share 0 Tweet 0
  • Oborevwori Brokers Peace Among Ijaw, Itsekiri, Urhobo Leaders Over Warri Delineation Dispute

    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.