General

 WTO DG: Ngozi Okonjo Iweala receives Reps approval

House of Representatives has endorsed the candidacy of Ngozi Okonjo Iweala as the Director-General of the World Trade Organisation, describing her as very qualified.

The resolution to support her followed a motion of urgent public importance raised by the minority leader, Ndudi Elumelu at plenary on Tuesday.

The lawmakers also urged President Buhari to rally other African leaders in support of her candidacy.

Former Vice President Atiku Abubakar also endorsed the former Finance Minister on Saturday, saying her “experience and the enormous related works she has done confirms without equivocation that her leadership shall be a blessing to the WTO and the world”.

In a video posted on her Twitter handle on July 9, Okonjo-Iweala described the WTO as an organization that has become more important than ever.

According to her, with the outbreak of the COVID-19 pandemic, the world needs to come together using trade to build a better society.

She said COVID-19 has changed the face of the world economy and thus the WTO needs to work with its members to pull through the difficult times.

President Muhammadu Buhari had nominated Okonjo-Iweala for the WTO DG role with the Economic Community of West African States (ECOWAS) later backing her nomination.

Other candidates also vying for the position inlcude South Korean Trade Minister Yoo Myung-hee; Kenya’s former foreign minister Amina Mohamed; Mexico’s former WTO deputy Director-General Jesus Seade Kuri; Egyptian former diplomat Hamid Mamdouh; and former Moldovan foreign minister Tudor Ulianovsch.

The successful candidate for the job will replace Mr Azevêdo who said he will step down on August 31.