Skip to content
August 4, 2026
  • Home
  • About us
  • Contact us
  • Newsletter
  • Privacy Policy
Political Economist

Political Economist

A liberal News reporting Politics, Sports, Business, Commentaries

  • Home
  • National News
    • Metro News
      • metro
    • Society
    • Crime and Justice
  • Special Reports
    • Investigation
    • Features
    • Interviews
  • Opinion
    • Commentaries
    • Perspectives
  • Press Releases
  • International News
  • Business & Economy
  • Politics
Watch Online
  • Home
  • National News
  • Nigeria Will Engage Relevant Stakeholders To Ensure Okonjo-Iweala Leads WTO – FG
  • National News

Nigeria Will Engage Relevant Stakeholders To Ensure Okonjo-Iweala Leads WTO – FG

Admin October 29, 2020
WTO

Okonjo Iweala

The Federal Government says Nigeria will continue to engage relevant stakeholders to ensure the emergence of Dr. Ngozi Okonjo-Iweala as the next Director-General of the World Trade Organisation (WTO).

A spokesperson for the Ministry of Foreign Affairs, Ferdinand Nwonye, gave the assurance in a statement on Thursday in Abuja.

He noted that the third and final round of the selection process for the director-general of the global organisation was concluded on Tuesday and the result was formally announced the day after.

Nwonye added that Okonjo-Iweala, a former Minister of Finance, had gotten the support of the majority of the member countries.

He, however, explained that she was yet to be declared and returned the winner because all the 164 member states of the organisation were expected to adopt the winner by consensus.

The WTO’s bid to select a new leader was thrown into uncertainty following the rejection of the former minister by the United States.

WTOBut Okonjo-Iweala and Nigeria are hopeful as they await a meeting scheduled for November 9 for the final decision on the election process.

After weeks of consultation, three WTO ambassadors announced at a meeting in Geneva on Wednesday that Okonjo-Iweala had secured cross-regional backing in her bid to become the first African and female Director-General of the global trade organisation.

The statement from the Ministry of Foreign Affairs reads in full:

UPDATE ON DR NGOZI OKONJO-IWEALA’S ASPIRATION TO LEAD THE WORLD TRADE ORGANIZATION (WTO)

The Ministry of Foreign Affairs wishes to inform that the third and final round of the selection process of the Director-General of the World Trade Organization (WTO) was concluded on Tuesday, 27th October 2020 and the result was formally announced on Wednesday, 28th October 2020.

The candidate from Nigeria, Dr. Ngozi Okonjo-Iweala has secured the support of majority of the member countries but is yet to be declared and returned the winner.

This is because apart from winning the election, all the 164 Member States of WTO were expected to adopt the winner by consensus, in accordance with the rule of procedure of the WTO.

It is important to highlight that Dr. Okonjo-Iweala has secured cross-regional backing with only the United States opposing the consensus.

The Ministry wishes to further inform that a meeting of the General Council of the WTO has been scheduled for November 9, 2020, for the final decision on the election process.

Nigeria will continue to engage relevant stakeholders to ensure that the lofty aspiration of her candidate to lead the World Trade Organization is realised.

Signed

Ferdinand Nwonye

Spokesperson,

Ministry of Foreign Affairs, Abuja

Thursday, 29th October 2020.

  • Facebook
  • Share on X
  • LinkedIn
  • WhatsApp
  • Email
  • Copy Link
Tags: Ferdinand Nwonye. Ngozi Okonjo-Iweala WTO

Post navigation

Previous NCC remits N344.71bn into FG’s Consolidated Revenue Fund in 5 years
Next LCCI reschedules Lagos International Trade Fair

Related Stories

Nigeria’s NNPC issues another tender to sell Cawthorne crude
  • Business & Economy
  • National News

Nigeria’s NNPC issues another tender to sell Cawthorne crude

August 3, 2026
Navy dismantles militant’s hideout in Cross River’s coastal settlement Naval rating arrested
  • National News

Navy dismantles militant’s hideout in Cross River’s coastal settlement

August 3, 2026
Abducted Kebbi High Court judge regains freedom- Police schools
  • National News

Abducted Kebbi High Court judge regains freedom- Police

August 3, 2026
logo

Political Economist is a liberal news magazine with global affiliations.

At Political Economist, we promote free enterprise and act as a catalyst for the growth of knowledge economy. We are proudly pan-Nigeria yet richly spiced with African and global news. We offer a fair and balanced news reportage presented by our team of well-heeled professional journalists. <

About us

  • 5 Olutosin Ajayi Street, By CPM Church, Ajao Estate, Lagos State, Nigeria
  • +234 805 680 1124
  • info@politicaleconomistng.com

Follow

Subscribe to notifications

You may have missed

Global trade in goods and services crests a record $34.65 trillion – Okonjo-Iweala
  • Business & Economy

Global trade in goods and services crests a record $34.65 trillion – Okonjo-Iweala

August 4, 2026
ECONOMIC SUMMIT: Delta is Nigeria’s foremost investment destination – Shettima
  • Business & Economy

ECONOMIC SUMMIT: Delta is Nigeria’s foremost investment destination – Shettima

August 4, 2026
ASUS and Konga unveil West Africa’s first flagship Experience Store in Lagos
  • Business & Economy

ASUS and Konga unveil West Africa’s first flagship Experience Store in Lagos

August 4, 2026
Nigeria’s NNPC issues another tender to sell Cawthorne crude
  • Business & Economy
  • National News

Nigeria’s NNPC issues another tender to sell Cawthorne crude

August 3, 2026
  • Home
  • About us
  • Contact us
  • Newsletter
  • Privacy Policy
Copyright © All rights reserved. | DarkNews by AF themes.