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WTO: Okonjo-Iweala’s Reappointment A Testament To Global Confidence — Tinubu

by Jonathan Nda-Isaiah
9 months ago
in News
Dr Ngozi Okonjo-Iweala.

Dr Ngozi Okonjo-Iweala.

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President Bola Tinubu has congratulated Dr Ngozi Okonjo-Iweala, former coordinating minister for the economy and minister of finance on her unanimous re-election on Friday as the Director-General of the World Trade Organisation (WTO).

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The renowned development economist and global finance expert made history in 2021 to become the first African and first woman to lead the 164-nation-member WTO.

 

Her first term as the seventh Director-General of the WTO will expire on August 31, 2025, while the second term begins September 1.

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Tinubu, in a statement by his spokesman, Bayo Onanuga, noted with delight that Dr Okonjo-Iweala’s unanimous reappointment for a second four-year term demonstrates the trust and confidence the international community places in her leadership to advance multilateral trade for sustainable global development.

 

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The President expressed confidence that her continued leadership at the WTO will strengthen the international economic organisation’s role as a critical pillar of inclusive global economic growth and good governance in the next four years.

 

As a committed member of the WTO, ECOWAS, and the African Continental Free Trade Area (AfCFTA), he stressed that Nigeria would continue to support the WTO’s mission to foster a fair, inclusive, and equitable multilateral trading system.

President Tinubu assured Okonjo-Iweala of Nigeria’s steadfast support as she consolidates her bold reforms, dedication to equitable global trade practices, and tireless efforts to promote international cooperation.


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