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    Anambra to begin payment of new minimum wage.

    Soludo Shuts Onitsha Market for a Week Over Adherence to Monday Sit-at-Home

    NNPC acquires equipment to build 40 CNG filling stations

    President Tinubu Cancels $1.42 Billion, ₦5.57 Trillion NNPCL Debt

    Terrorists attack presidential guards in Abuja after threat to abduct Buhari

    FG Confirms U.S.-Backed Airstrikes on Terrorists Targets in Sokoto State

    EFCC traces 41 properties worth N212bn to Former Attorney General, Abubakar Malami

    EFCC traces 41 properties worth N212bn to Former Attorney General, Abubakar Malami

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    NMDPRA CEO Farouk Ahmed resigns amid corruption allegations

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    FPEDL Schedules Brief Power Outage in Anambra for Transformer Upgrade on December 7

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    Senate Confirms Retired Chief of Defence Staff as Defence Minister

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    NNPC acquires equipment to build 40 CNG filling stations

    President Tinubu Cancels $1.42 Billion, ₦5.57 Trillion NNPCL Debt

    Dangote Refinery will supply first product to market by July – Dangote

    Why Made in Nigeria Cement Is Cheaper Abroad – Dangote

    Dangote refinery set to import Crude oil from Brazil

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    Nigeria Wins €185.7m Arbitration on Ajaokuta Steel Contract

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    President Buhari hikes Petrol Price to N212 per litre through the PPPRA

    Federal Government suspends 15% import tax on imported petrol

    Nigeria Imposes 10% Tax on Short-Term Investment Interest

    Nigeria Imposes 10% Tax on Short-Term Investment Interest

    Nestlé Cuts 16,000 Jobs in a Major Restructuring; Stock Rises Nearly 8%

    Nestlé Cuts 16,000 Jobs in a Major Restructuring; Stock Rises Nearly 8%

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    NCR Nigeria returns to profit in FY 2025 as revenue jumps 43%

    NCR Nigeria returns to profit in FY 2025 as revenue jumps 43%

    Anambra to begin payment of new minimum wage.

    Soludo Shuts Onitsha Market for a Week Over Adherence to Monday Sit-at-Home

    MTN Nigeria to pay over N200 billion final dividend for 2022

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Okonjo-Iweala appointed as WTO DG, for the second time

Monday, 2 December 2024, 11:48 am
in News, World
0
Okonjo-Iweala appointed as WTO DG, for the second time
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Ngozi Okonjo-Iweala, the Director-General of the World Trade Organization (WTO), has vowed to deliver meaningful results that improve lives worldwide.

Reports indicate that the 70-year-old Nigerian economist was the sole candidate for this prestigious position. The Geneva-based global trade body stated, “WTO members today agreed to give incumbent Ngozi Okonjo-Iweala a second term as Director-General of the WTO.”

Her commitment follows the General Council’s decision to appoint her for a second four-year term starting September 1, 2025. In her statement, she stated,

 “I am deeply honored by the trust and support of the WTO General Council and its 166 Members. It is a privilege to continue serving as Director-General for a second four-year term.

“In recent years, the WTO has played a vital role in helping Members navigate pressing global challenges, including the pandemic, conflict, and heightened geopolitical tensions. I commend Members for their hard work and determination in achieving progress despite unprecedented levels of uncertainty and rapid economic shifts.

“As we look ahead, I remain firmly committed to delivering results that matter—results that ultimately improve the lives of people around the world. By promoting trade as a driver of economic growth and resilience, the WTO will continue to provide a collaborative platform for Members to address shared global challenges.

“I am deeply committed to working alongside the talented and dedicated staff of the WTO to build a more inclusive, equitable, and rules-based multilateral trading system that benefits all.”

She expressed her gratitude for the trust of the WTO General Council and acknowledged the organization’s vital role in addressing issues like the pandemic and geopolitical tensions. She remains dedicated to fostering an inclusive, equitable, and rules-based trading system that benefits all members.

Vivian Ifunanya Gerald

Administrator and Writer

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