BREAKING: Okonjo-Iweala to serve second term as WTO DG

Nigeria’s Ngozi Okonjo-Iweala has been re-appointed as the director-general of the World Trade Organization (WTO). She is now set to serve her second term as the DG of the global trade institution.

The WTO had earlier confirmed that Okonjo-Iweala was the sole candidate for the position.

A statement by the organisation on Saturday said Okonjo-Iweala, Nigeria’s former finance minister, confirmed her willingness to serve a second four-year term on September 16.

The WTO began preparations to fill its director-general position on October 8 and allowed nominations till November 8.

Petter Olberg, chairman of the WTO’s General Council, told member-countries in a message that no additional nominations were receive