President Bola Ahmed Tinubu has praised the reappointment of Dr Ngozi Okonjo-Iweala as the Director-General of the World Trade Organisation (WTO). Okonjo-Iweala, a former Coordinating Minister for the Economy and Minister of Finance in Nigeria, has been given a second four-year term following her successful tenure. The reappointment, which was confirmed by the international community, reflects the deep trust and confidence that the global leaders have in her abilities to lead multilateral trade negotiations and further the cause of sustainable global development.
In his statement issued on Friday, President Tinubu emphasized that Okonjo-Iweala’s reappointment is a significant recognition of her leadership, as it highlights her contributions toward the advancement of global trade. He further pointed out that the unanimous decision to extend her tenure serves as a testament to her unwavering commitment to improving international trade practices and fostering economic growth that benefits all nations.
Gistreel recalls that Dr. Ngozi Okonjo-Iweala made history in 2021 when she became the first African and the first woman to head the WTO, marking a major milestone for the organization. Her first term as Director-General will conclude on August 31, 2025, after which her second term will commence on September 1, 2025.
President Tinubu expressed confidence that Okonjo-Iweala’s continued leadership will further strengthen the WTO's role as a key player in promoting inclusive global economic growth. He also noted that her leadership would ensure the continued advancement of good governance and international cooperation, particularly through her bold reforms and commitment to equitable trade practices.
The President also assured Okonjo-Iweala of Nigeria’s unwavering support as she continues her work with the WTO, expressing full confidence that her dedication will continue to benefit the global economy in the years ahead. He praised her tireless efforts to foster a fairer global trade system and promote cooperation across borders.