Thursday, August 20, 2026

Okonjo-Iweala set for second term as WTO DG

-Deborah Akinyosoye

Nigeria’s Ngozi Okonjo-Iweala is now set to serve her second term as the director-general of the World Trade Organization.

The WTO had earlier confirmed that Okonjo-Iweala was the sole candidate for the position.

A statement by the organisation on Saturday said Okonjo-Iweala, Nigeria’s former finance minister, confirmed her willingness to serve a second four-year term on September 16.

The WTO began preparations to fill its director-general position on October 8 and allowed nominations till November 8.

Petter Olberg, chairman of the WTO’s General Council, told member-countries in a message that no additional nominations were received by the organisation by November 8 deadline.

But in a separate message seen on the WTO’s website, the global trade institution said Ambassador Ølberg, based on his contacts with delegations over the past days, will  convene a special formal meeting of the General Council on 28 and 29 November.

“The first day of the General Council meeting would allow members to hear a presentation from DG Ngozi Okonjo-Iweala on her vision for the WTO, followed by a question-and-answer session, the Chair said. The second day could then provide an opportunity for members to take a decision on the appointment of the next Director-General,” the WTO  said.

By implication, Okonjo-Iweala could be re-elected by November 29 if there is a unanimous agreement.

Hot this week

Ogun Declares August 20 Public Holiday to Mark Isese Day

The Ogun State Government has declared Thursday, August 20,...

Davido Declares Exit From Politics, Fires Back at APC Chieftain Over Osun Election Role

Afrobeats superstar David Adeleke, popularly known as Davido, has...

2Baba’s Wife Natasha Osawaru Takes Key Leadership Role in Edo Assembly

Natasha Osawaru, wife of Nigerian music star Innocent Idibia,...

Panic Grips Access Bank Account Holders As N1.34bn Allegedly Disappears Via Access SME App To 71 Banks

Some account holders of Access Bank are currently in...

Fidelity Bank Deepens Commitment to Food Security in Abeokuta

L-R: Team Lead, Corporate Social Responsibility (CSR), Fidelity Bank...

Topics

Ogun Declares August 20 Public Holiday to Mark Isese Day

The Ogun State Government has declared Thursday, August 20,...

Davido Declares Exit From Politics, Fires Back at APC Chieftain Over Osun Election Role

Afrobeats superstar David Adeleke, popularly known as Davido, has...

2Baba’s Wife Natasha Osawaru Takes Key Leadership Role in Edo Assembly

Natasha Osawaru, wife of Nigerian music star Innocent Idibia,...

Fidelity Bank Deepens Commitment to Food Security in Abeokuta

L-R: Team Lead, Corporate Social Responsibility (CSR), Fidelity Bank...

AA Presidential hopeful Applauds Adeleke Over Victory

…Says Osun Election Outcome Will Be Used To Rewrite...

Union Bank of Nigeria Attains PCI DSS v4.0.1 Certification

Union Bank of Nigeria has attained certification under the...
spot_img
spot_img
spot_img

Related Articles

Popular Categories

spot_imgspot_img