• About Us
  • Advertise
  • Contact Us
  • Privacy Policy
Thursday, April 16, 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

Delta’s 24/7 Power Dream: Oborevwori Seeks Experts to Fix Broken Electricity Chain
Economy

Delta’s 24/7 Power Dream: Oborevwori Seeks Experts to Fix Broken Electricity Chain

April 8, 2026
Trump Halts Iran Strike, Secures Hormuz Ceasefire Deal
World News

Trump Halts Iran Strike, Secures Hormuz Ceasefire Deal

April 8, 2026
Tinubu at 74: Dafinone Hails Bold Reforms, Inspiring Leadership
Economy

Hunger Before Ballots: Mulade Tells Tinubu to Act Now or Risk National Collapse

March 31, 2026
Germany ‘Rejects’ Fani-Kayode as Envoy — Report Sparks Diplomatic Questions
National News

Germany ‘Rejects’ Fani-Kayode as Envoy — Report Sparks Diplomatic Questions

March 31, 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

From Legacy to Impact: The Rise and Results of Senator Ede Dafinone

Backing Dafinone’s 2027 Senate Return: A Strategic Push for Stronger Urhobo Representation

April 16, 2026
ECIU Constitution Crisis: Committee Rejects Ukpebitere’s Tenure Amendment Plan

ECIU Constitution Crisis: Committee Rejects Ukpebitere’s Tenure Amendment Plan

April 15, 2026
Ijaw Nation Backs Tinubu, Oborevwori for 2027 in Massive Bomadi Show of Unity

Ijaw Nation Backs Tinubu, Oborevwori for 2027 in Massive Bomadi Show of Unity

April 15, 2026
Urhobos of Warri Receive Joel-Onowakpo Thomas as He Pledges Fairness to All Constituents

Urhobos of Warri Receive Joel-Onowakpo Thomas as He Pledges Fairness to All Constituents

April 15, 2026
“I’m Consulting” — Emerhor Breaks Silence as Elders, Youths Mount Senate Pressure

“I’m Consulting” — Emerhor Breaks Silence as Elders, Youths Mount Senate Pressure

April 14, 2026

TRENDING STORIES

  • “Evwreni Must Rise Again” — New Odion Orode Sets Bold Agenda at Grand Unveiling

    “Evwreni Must Rise Again” — New Odion Orode Sets Bold Agenda at Grand Unveiling

    0 shares
    Share 0 Tweet 0
  • “Who Called You?” — Backlash Trails Okowa’s Delta North Senate Declaration

    0 shares
    Share 0 Tweet 0
  • ECIU Constitution Crisis: Committee Rejects Ukpebitere’s Tenure Amendment Plan

    0 shares
    Share 0 Tweet 0
  • Horror at Effurun: Brake-Failed Tanker Kills Tricycle Rider, Sparks Gridlock

    0 shares
    Share 0 Tweet 0
  • “I’m Consulting” — Emerhor Breaks Silence as Elders, Youths Mount Senate Pressure

    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.