Categories: Economyfeatured

FLASH: Okonjo-Iweala Becomes WTO DG

 

After much ado, Nigeria’s Okonjo-Iweala has been elected as WTO DG.

Reports in local and foreign media on Wednesday said Ngozi Okonjo-Iweala, Nigeria’s nominee for the office of the director-general of the World Trade Organisation, has emerged winner of the highly competitive race.

It was gathered that Okonjo-Iweala was chosen as the final candidate for the much-coveted role after she polled 104 votes from 164 member countries to defeat her South Korea’s trade minister at the final stage of the race.

Okonjo-Iweala has broken many records, including becoming the first African to win that office at the WTO.

The official announcement is expected to be made by the WTO at 3pm Nigerian time.

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