• About Us
  • Advertise
  • Contact Us
  • Privacy Policy
Saturday, August 1, 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

Oborevwori Gives South Africa Xenophobia Returnees ₦2m Per Family, Monthly Stipends Until 2027
Economy

Oborevwori Gives South Africa Xenophobia Returnees ₦2m Per Family, Monthly Stipends Until 2027

July 31, 2026
FG to End Power Subsidy in 2027 as Mounting Sector Debts Deepen
Economy

FG to End Power Subsidy in 2027 as Mounting Sector Debts Deepen

July 31, 2026
Okowa Urges Workers to Counter Misinformation as WoPU Honours Ex-Governor, Names Him Patron
Economy

Okowa Urges Workers to Counter Misinformation as WoPU Honours Ex-Governor, Names Him Patron

July 24, 2026
Nani Applauds Oborevwori for Stepping In to Rescue the Failed Mosogar-Oghara Stretch of Warri-Benin Highway
Economy

Nani Applauds Oborevwori for Stepping In to Rescue the Failed Mosogar-Oghara Stretch of Warri-Benin Highway

July 23, 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

Infantino Retreats as FIFA Drops Controversial World Cup Investment Scheme

Infantino Retreats as FIFA Drops Controversial World Cup Investment Scheme

August 1, 2026
History for Nigeria! Ezekiel Nathaniel Storms to First-Ever Commonwealth Games 400m Hurdles Gold

History for Nigeria! Ezekiel Nathaniel Storms to First-Ever Commonwealth Games 400m Hurdles Gold

August 1, 2026
Dafinone Celebrates Landmark Win as Abraka, Ughelli South II, Isoko North II Return to the Ballot

Dafinone Celebrates Landmark Win as Abraka, Ughelli South II, Isoko North II Return to the Ballot

July 31, 2026
Rotary Club of Evwreni Unveils ₦12m Service Fund as Fidelis Adjogbe Takes Over as 4th President, Seeks Stronger Partnerships

Rotary Club of Evwreni Unveils ₦12m Service Fund as Fidelis Adjogbe Takes Over as 4th President, Seeks Stronger Partnerships

July 31, 2026
Oborevwori Gives South Africa Xenophobia Returnees ₦2m Per Family, Monthly Stipends Until 2027

Oborevwori Gives South Africa Xenophobia Returnees ₦2m Per Family, Monthly Stipends Until 2027

July 31, 2026

TRENDING STORIES

  • EDITORIAL: Koka Flyover Is a Warning Delta State Must Not Ignore

    EDITORIAL: Koka Flyover Is a Warning Delta State Must Not Ignore

    0 shares
    Share 0 Tweet 0
  • Oborevwori Govt Breaks Silence on Effurun Violence, Orders Manhunt for Perpetrators

    0 shares
    Share 0 Tweet 0
  • Delta Primary Teachers Break Grade Ceiling as JAC Backs Oborevwori’s Landmark GL17 Career Progression

    0 shares
    Share 0 Tweet 0
  • Oborevwori Gives South Africa Xenophobia Returnees ₦2m Per Family, Monthly Stipends Until 2027

    0 shares
    Share 0 Tweet 0
  • Okowa Urges Workers to Counter Misinformation as WoPU Honours Ex-Governor, Names Him Patron

    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.