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First with the News

Breaking: Ngozi Okonjo Iweala wins WTO race

October 28, 2020
in Economy, Top Stories
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Jubilation rent the air as Nigeria’s former Finance Minister, Ngozi Okonjo Iweala emerged the Director General of World Trade Organization.

The Heritage Times can confirm that Okonjo-Iweala was nominated as the final candidate for the much-coveted role.

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She polled 104 votes from 164 member countries to defeat South Korea’s Yoo Myung-hee, 53, who is the first woman from her country to head the Ministry of Commerce.

It would be recalled that European Parliament had endorsed Okonjo-Iweala to head the WTO, saying she was well-equipped. Subsequently the parliament wrote the EU to support the Nigerian candidate.

With the development, it means she has just become the first African to occupy the position; succeeding Brazil’s Roberto Azevedo and former director-general of the 25-year-old trade organisation.

Tags: Ngozi IwealaWorld Trade Organization (WTO)
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