By Ochai Sunday.

Ngozi Okonjo-Iweala, New DG, WTO

Nigeria’s former Minister of Finance, Mrs Ngozi Okonjo-Iweala has been pronounced as the new Director General and Chief Executive officer of the World Trade Organisation, WTO.

The Organization revealed this in a tweet on Monday

With the appointment,Okonjo-Iweala becomes the first woman and first African to lead the foremost global trade body.

“Ngozi Okonjo-Iweala from Nigeria is appointed as the next WTO Director-General.

“Dr. Okonjo-Iweala makes history as the first woman and the first African to lead the WTO. Her term starts on the 1st of March 2021,” the trade organisation posted on its verified page.

BREAKING: Ngozi Okonjo-Iweala from Nigeria is appointed as the next WTO Director-General.

Dr. Okonjo-Iweala makes history as the first woman and the first African to lead the WTO.

Her term starts on the 1st of March 2021.

It could be recalled that Okonjo-Iweala, had on 28th October secured the popular vote by a wide margin but was not named DG because the US under President Donald Trump opposed her candidacy.

After the October meeting, the WTO said Okonjo-Iweala had the best chance of getting a consensus.

However, the US had said it favoured Yoo over Okonjo-Iweala because WTO is in dire need of reform and must be “led by someone with real, hands-on experience in the field”. The Donald Trump- led administration suggested that the race be reopened.

But the US government led by Joe Biden and Kamala Harris has expressed strong support for Okonjo-Iweala’s candidacy as WTO DG.

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