• About Us
  • Advertise
  • Contact Us
  • Privacy Policy
Monday, March 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

Stricter BVN Policy Sparks Relief for Customers, Panic for Fraudsters
Crime

Stricter BVN Policy Sparks Relief for Customers, Panic for Fraudsters

March 15, 2026
Delta State Unveils ₦400bn Mega-Road, Security Projects Across LGAs
Economy

Delta State Unveils ₦400bn Mega-Road, Security Projects Across LGAs

March 13, 2026
Dafinone Hosts Abuja Meet-and-Greet, Urges Urhobo Professionals to Turn Unity into Opportunity
Economy

Dafinone Hosts Abuja Meet-and-Greet, Urges Urhobo Professionals to Turn Unity into Opportunity

March 9, 2026
Senator Nwoko Leads Call for Fiscal Responsibility in Nigeria’s Digital Economy
Communication

Senator Nwoko Leads Call for Fiscal Responsibility in Nigeria’s Digital Economy

March 8, 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

Stricter BVN Policy Sparks Relief for Customers, Panic for Fraudsters

Stricter BVN Policy Sparks Relief for Customers, Panic for Fraudsters

March 15, 2026
Ndokwa Girls Shine at Historic Quiz as NNU Women Wing, You Matter Foundation Drive Reading Revival

Ndokwa Girls Shine at Historic Quiz as NNU Women Wing, You Matter Foundation Drive Reading Revival

March 15, 2026
Olorogun John Nani Pushes Urhobo Irredentist Ideology, Seeks Political Reawakening

Results Over Ranking: John Nani’s Senate Bid Sparks Debate Across Delta Central

March 14, 2026
Senator Ede Dafinone’s Second Term: A Strategic Advantage for the Urhobo Nation

Senator Ede Dafinone’s Second Term: A Strategic Advantage for the Urhobo Nation

March 14, 2026
Cheers, Culture, High Hopes as Evwreni Installs Retired Major as 16th Odion Orode

Cheers, Culture, High Hopes as Evwreni Installs Retired Major as 16th Odion Orode

March 14, 2026

TRENDING STORIES

  • Cheers, Culture, High Hopes as Evwreni Installs Retired Major as 16th Odion Orode

    Cheers, Culture, High Hopes as Evwreni Installs Retired Major as 16th Odion Orode

    0 shares
    Share 0 Tweet 0
  • Your Number Plate Is Now the Tracker: Delta Rolls Out Smart Cameras to Enforce Traffic Laws

    0 shares
    Share 0 Tweet 0
  • FPAN Picks Warri for 2026 National Conference on Fire as Experts Warn Markets Must Improve Safety

    0 shares
    Share 0 Tweet 0
  • ₦30k–₦150k Extortion: Ughelli North Council Moves to Arrest ‘Fake DESMA Marshals’ Harassing Motorists, Keke Riders

    0 shares
    Share 0 Tweet 0
  • 2027 Race Heats Up: APC Chieftain Thompson Fuoye Declares for Burutu Reps Seat, Vows Devt for Riverine Communities

    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.