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    MarketForces Africa » MarketForces News » WTO: African Group Votes Okonjo-Iweala for 2nd term

    WTO: African Group Votes Okonjo-Iweala for 2nd term

    Olu AnisereBy Olu AnisereJuly 23, 2024 News No Comments2 Mins Read
    WTO: African Group Votes Okonjo-Iweala for 2nd term
    Ngozi Okonjo-Iweala
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    WTO: African Group Votes Okonjo-Iweala for 2nd term

    The African Group at the World Trade organisation (WTO) presented a proposal at its General Council (GC) to re-elect Ngozi Okonjo-Iweala as director-general of the organisation.

    Adebayo Thomas, the Director, Press and Public Relations, Ministry of Industry, Trade and Investment, said this in a statement in Abuja.

    According to him, the proposal is for members to consider Okonjo-Iweala to run for another term as chief executive officer of the organisation.

    He said ithe proposal was to also enable the Chair, of the General Council (GC) to commence the process of the appointment of the director-general as soon as possible.

    He quoted Amb. Abdulhamid Adamu, Nigeria’s Permanent Representative to WTO, at the GC, as saying that members debated on the issue.

    “And all members pointed to all the efforts and qualities of Okonjo-Iweala and her contributions to the organisation which enhanced a lot of progress and development.

    “They all affirmed that she deserves to be reappointed as the director-general.

    “All the members in the meeting from all regions that took the floor almost 58 members supported the proposal,” he said.

    He added that members resolved that the General Council Chair should start consultations on the process of appointment soonest as approved by council.

    Responding, Okonjo-Iweala thanked all members and assured to respond soonest with her acceptance after consultation with family members

    Ngozi okonjo-iweala WTO
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    Olu Anisere
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    Olu Anisere is a financial and economic journalist at MarketForces Africa, specialising in African macroeconomic policy, international finance, energy markets, and continental development.He covers major multilateral institutions, including the International Monetary Fund (IMF), World Bank, and the United Nations Economic Commission for Africa (ECA), providing readers with frontline reporting on policies shaping Africa's economic trajectory.Olu has reported extensively on Nigeria's fiscal and monetary policy landscape, including CBN interest rate decisions, Nigeria's bond market, FX inflows, and the country's engagement with global financial institutions.His coverage spans IMF and World Bank Spring and Annual Meetings, African Ministers of Finance conferences, and high-level economic forums where Africa's development agenda is set.His reporting captures perspectives from Africa's most influential economic voices, including Tony Elumelu, senior IMF officials, and CBN leadership, bringing institutional insight and policy depth to MarketForces Africa's readers.Olu also covers Inside Africa — tracking economic, investment, and development stories from across the continent. Olu Anisere is based in Lagos, Nigeria.

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