RECENT: OKONJO-IWEALA EMERGES DG OF WORLD TRADE ORGANIZATION

Nigerian’s nominee for the position of the DG of the World Trade Organization (WTO) has emerged victorious.

Ngozi Okonjo-Iweala garnered a total of 104 votes from 164 member countries to emerge as the new Director-General of the World Trade Organization.

Her running mate is South Korea’s minister of Trade, Yoo Myung-Hee.

Although the official announcement hasn’t been released, a statement is expected to be released in that effect tonight.

Ngozi Okonjo-Iweala who was Nigeria’s Minister of finance during President Olusegun Obasanjo and President Goodluck Ebele Jonathan has had experience working with other international bodies.

She was a former managing director of the World Bank and she also served as a chairman at the Global Alliance for Vaccines and Immunization.

Okonjo-Iweala’s victory as the DG of WTO makes her the first African and first female director-general of the international body in its 25-year history.