A key group of World Trade Organisation (WTO) ambassadors has proposed Nigerian Ngozi Okonjo-Iweala to lead the organisation, trade sources told Reuters News Agency on Wednesday, clearing a path for her to become the first woman and African to head the global watchdog in its 25-year history.
The proposal, which still needs full WTO approval next month, caps a more than four-month selection process involving intensive lobbying which saw her square up against South Korean trade minister, Yoo Myung-hee, in the final round.
The recommendation of Okonjo-Iweala was made by three WTO ambassadors, the so-called “troika”, after consulting with members in a series of closed-door meetings in Geneva as part of an intricate and opaque process that some have compared to a papal succession.
It however still needs to be approved by consensus at a meeting of the WTO’s 164 members.
YOU SHOULD NOT MISS THESE HEADLINES FROM NIGERIAN TRIBUNE
The Economic and Financial Crimes Commission (EFCC) has beseeched Justice Mohammed Liman of the Federal High Court in Lagos to dismiss the no-case submission filed by suspected internet fraudster, Ismail Mustapha, also known as Mompha, who is standing trial over an alleged N32.9 billion fraud.
The Security Committee of the Federal Capital Territory Administration (FCTA) has banned all street demonstrations, protests and processions in the territory, including the EndSARS protest.
A statement on Thursday by the Chief Press Secretary to the Minister of FCT, Anthony Ogunleye, the decision to ban all street demonstrations was taken at the committee’s meeting on Tuesday.
Former Minister of Finance and Coordinating Minister for the Economy, Dr Ngozi Okonjo-Iweala, is at the presidential villa, Abuja for a meeting with President Muhammadu Buhari.
She came into the president’s office accompanied by the Minister of Industry, Trade and Investment, Niyi Adebayo and the Minister of State for Foreign Affairs, Zubair Dada.