Business
WTO: Okonjo-Iweala Secures Second Term
The World Trade Organisation (WTO) has reappointed Ngozi Okonjo-Iweala as its Director-General for a second term.
Okonjo-Iweala, 70, had announced her intention to seek a second term in September.
Chair of the General Council, Ambassador Petter Ølberg of Norway, also informed WTO members that no other nominations were received before the 8 November deadline.
According to the global trade institution, the reappointment will take effect on September 1, 2025.
“Breaking: the General Council has appointed Director-General @NOIweala for a second term, effective 1 September 2025. More details to follow,” the post read.
The appointment of the Director-General is made by consensus among the WTO’s 166 member countries, a process the Nigerian successfully navigated despite initial hurdles.
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