The World Trade Organisation, WTO, has just confirmed Nigeria’s nomination of Dr Ngozi Okonjo-Iweala for the position of the Director-General of the free trade organization.
In a statement published on its site: “Nigeria nominates Dr Ngozi Okonjo-Iweala for post of WTO Director-General
Nigeria, on 9 June 2020, nominated Dr Ngozi Okonjo-Iweala for the post of WTO Director-General to succeed the current Director-General, Mr Roberto Azevêdo, who has announced he will step down on 31 August 2020.”
“According to the timetable announced by the Chair of the General Council, David Walker, the nomination period will close on 8 July 2020.
“Shortly after the nomination period has closed, candidates will be invited to meet with members at a special General Council meeting, present their views and take questions from the membership.”
The WTO deals with the global rules of trade between nations. Its main function is to ensure that trade flows as smoothly, predictably and freely as possible.
Nigeria’s Dr. Ngozi Okonjo-Iweala (born 13 June 1954) is a Nigerian-born economist and international development expert. She sits on the Boards of Standard Chartered Bank, Twitter, Global Alliance for Vaccines and Immunization (GAVI), and the African Risk Capacity (ARC).
Previously, Okonjo-Iweala spent a 25-year career at the World Bank as a development economist, scaling the ranks to the Number 2 position of Managing Director, Operations (2007-2011). She also served two terms as Finance Minister of Nigeria (2003-2006, 2011-2015) under the leadership of President Olusegun Obasanjo and President Goodluck Jonathan respectively.
Other African countries such as Egypt have sent their nominations to the WTO.