• About Us
  • Advertise
  • Contact Us
  • Privacy Policy
Friday, February 6, 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 Earns Praise from Urhobo Christian Ministers for Peace, Inclusive Governance in Delta
Economy

Oborevwori Earns Praise from Urhobo Christian Ministers for Peace, Inclusive Governance in Delta

February 4, 2026
No Approval, No Speed Breakers — Delta Works Commissioner Warns Communities, Contractors
Economy

No Approval, No Speed Breakers — Delta Works Commissioner Warns Communities, Contractors

January 31, 2026
Oborevwori Building a “New Delta,” Not Just Projects — Catholic Priest Declares
Economy

Oborevwori Building a “New Delta,” Not Just Projects — Catholic Priest Declares

January 31, 2026
Ned Nwoko Trains, Funds 500 in Delta North Self-Reliance Initiative
Economy

Ned Nwoko Trains, Funds 500 in Delta North Self-Reliance Initiative

January 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

Delta Govt Opens TEP Registration, Targets Student Innovators in State Tertiary Institutions

Delta Govt Opens TEP Registration, Targets Student Innovators in State Tertiary Institutions

February 6, 2026
Lookman Marks Atletico Debut with Clinical Goal, Assist

Lookman Marks Atletico Debut with Clinical Goal, Assist

February 6, 2026
Wike’s ‘New Look’ Sets Social Media Buzz as FCT Projects Gather Pace

Wike’s ‘New Look’ Sets Social Media Buzz as FCT Projects Gather Pace

February 6, 2026
Delta Loses a Trusted Voice as Oborevwori, Guwor, Aniagwu Mourn DBS Broadcaster Vivian Nkechika

Delta Loses a Trusted Voice as Oborevwori, Guwor, Aniagwu Mourn DBS Broadcaster Vivian Nkechika

February 6, 2026
At 56, Ned Nwoko Offers Warm Tribute to Tobore Oborevwori

At 56, Ned Nwoko Offers Warm Tribute to Tobore Oborevwori

February 5, 2026

TRENDING STORIES

  • Tinubu Steps In Again, Freezes Fubara Impeachment, Declares Wike Undisputed Political Leader

    Tinubu Steps In Again, Freezes Fubara Impeachment, Declares Wike Undisputed Political Leader

    0 shares
    Share 0 Tweet 0
  • Wike’s ‘New Look’ Sets Social Media Buzz as FCT Projects Gather Pace

    0 shares
    Share 0 Tweet 0
  • Traffic Alert: Heavy Vehicular Movement Expected Around Mosheshe Estate Axis, Airport Road, Effurun, Delta State, February 2

    0 shares
    Share 0 Tweet 0
  • Delta Loses a Trusted Voice as Oborevwori, Guwor, Aniagwu Mourn DBS Broadcaster Vivian Nkechika

    0 shares
    Share 0 Tweet 0
  • Orodje Sub-Palace: Ede Dafinone Carpets Uduaghan, Says Sapele Land Ownership Settled by Law

    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.