Home News Nigerian Former Minister of Finance Okonjo-Iweala Set for Second Term as WTO Director-General.

Nigerian Former Minister of Finance Okonjo-Iweala Set for Second Term as WTO Director-General.

by hannah
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Ngozi Okonjo-Iweala, former Nigerian finance minister, has been confirmed as the sole candidate for the World Trade Organisation (WTO) Director-General role, setting her on course for a second term.

The WTO announced this on Saturday, noting that the nomination deadline passed on 8 November without additional candidates.

Ambassador Petter Ølberg of Norway, Chair of the General Council, informed WTO members that Okonjo-Iweala, who initially took office in February 2021, confirmed her willingness to continue in the position through a letter sent in September.

Her current term is scheduled to end on 31 August 2025.

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Since her appointment, Okonjo-Iweala, the WTO’s first female and African leader, has focused on advancing stalled trade discussions on fishery subsidies and reviving the WTO’s Appellate Body.

Known as a trailblazer in Nigeria, Okonjo-Iweala previously served as finance minister twice and briefly as the country’s foreign minister.

 

 

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