• About Us
  • Advertise
  • Contact Us
  • Privacy Policy
Sunday, June 7, 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

Mulade Urges Oborevwori to Prioritise Riverine Communities in Delta’s Development Agenda
Economy

Mulade Urges Oborevwori to Prioritise Riverine Communities in Delta’s Development Agenda

June 5, 2026
Oborevwori Opens Strategic Roads Linking Seven Ndokwa Communities, Vows Faster Project Delivery
Economy

Oborevwori Opens Strategic Roads Linking Seven Ndokwa Communities, Vows Faster Project Delivery

June 3, 2026
Tinubu at 74: Dafinone Hails Bold Reforms, Inspiring Leadership
Economy

Tinubu Defends Reforms, Says Nigeria’s Economic Recovery Has Begun

June 1, 2026
3rd Anniversary: Oborevwori to Unveil 18km Road Network Connecting Ndokwa West Communities
Economy

3rd Anniversary: Oborevwori to Unveil 18km Road Network Connecting Ndokwa West Communities

June 1, 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

Hunt for Alleged Drug Kingpin Ends in Chaos as Security Raid Leaves Trail of Destruction in Delta Community

Hunt for Alleged Drug Kingpin Ends in Chaos as Security Raid Leaves Trail of Destruction in Delta Community

June 7, 2026
2027: Get Your PVC Now, Delta PFN Chairman Tells Christians, Directs Pastors to Lead Registration Campaign

2027: Get Your PVC Now, Delta PFN Chairman Tells Christians, Directs Pastors to Lead Registration Campaign

June 7, 2026
Rejoinder: Emerhor Did Not Build APC Delta, History Will Not Be Rewritten

Rejoinder: Emerhor Did Not Build APC Delta, History Will Not Be Rewritten

June 7, 2026
Oborevwori Celebrates Orubebe at 67, Ferguson Onwo, Pastor Ojo at 60

Oborevwori Celebrates Orubebe at 67, Ferguson Onwo, Pastor Ojo at 60

June 6, 2026
Inside APC’s Delta North Calculations: Why Ned Nwoko Holds the Ace Card

Inside APC’s Delta North Calculations: Why Ned Nwoko Holds the Ace Card

June 5, 2026

TRENDING STORIES

  • Gloria Patrick-Ferife Heads to Health Ministry as Oborevwori Reshuffles Permanent Secretaries

    Gloria Patrick-Ferife Heads to Health Ministry as Oborevwori Reshuffles Permanent Secretaries

    0 shares
    Share 0 Tweet 0
  • Inside APC’s Delta North Calculations: Why Ned Nwoko Holds the Ace Card

    0 shares
    Share 0 Tweet 0
  • Oyo Schools Shut as NUT Declares Indefinite Strike Over Abducted Teachers, Pupils

    0 shares
    Share 0 Tweet 0
  • Rejoinder: Emerhor Did Not Build APC Delta, History Will Not Be Rewritten

    0 shares
    Share 0 Tweet 0
  • “We’ll Deliver More for Oil Communities” — Nani Speaks After DESOPADEC Board’s First Meeting After Tenure Extension

    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.