WTO Directors First Visit To Nigeria

The Director-General of the World Trade Organisation (WTO), Dr Ngozi Okonjo-Iweala, made her first visit to Nigeria since she assumed office.

Shw was recieved upon arrival on Saturday by the Secretary of the Ministry of Industry, Trade and Investment, Nasir Sani-Gwarzo.

Ngozi tells reporters in Abuja, that her visit to Nigeria is to show appreciation to President Muhammadu Buhari for his support.

She also hinted on how Nigeria can leverage on her position to benefit from trans-national trade.

Okonjo-Iweala’s visit to Nigeria comes about a month after her confirmation as the Director-General of the global trade organisation.

As the first woman and first African to lead the international body,

Her term began on March 1, to last for four years, which is renewable, will expire on August 31, 2025.

Her Journey So Far

In the journey to become the director-general of the WTO, Okonjo-Iweala had the backing of majority member of the organisation.

She, however, vied for the job with the Republic of Korea’s Trade Minister, Yoo Myung-hee, who enjoyed the support of former United States President Donald Trump to become the WTO DG.

The Korean minister later announced on February 5 that she was abandoning her bid to lead the international trade body, leading to Okonjo-Iweala’s emergence as the sole candidate for the job.

Following the withdrawal, the U.S. government through its Trade Representative expressed its “strong support” for the candidacy of Okonjo-Iweala as the Director-General of the WTO.

Okonjo-Iweala, 66, was President Muhammadu Buhari nominee in June 2020 as Nigeria’s candidate to lead the WTO.

She is a Nigerian-American economist and international development expert who has a 25-year career at the World Bank

Scaling the ranks to the second top position of Managing Director, Operations.

The Delta State-born served two terms as the minister of finance under former Presidents Olusegun Obasanjo and Goodluck Jonathan respectively.

WTO Directors First Visit To Nigeria

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