President Bola Tinubu has hailed the reappointment of former Coordinating Minister for the Economy and Minister of Finance, Dr Ngozi Okonjo-Iweala on her re-election as the Director-General of the World Trade Organisation (WTO) for another four-year term.
In a statement issued on Friday by the Special Adviser on Information and Strategy, Bayo Onanuga, the president who congratulated the WTO DG, also assured her of Nigeria’s unalloyed support as she consolidates her bold reforms, dedication to equitable global trade practices, and tireless efforts to promote international cooperation.
Okonjo-Iweala, an erudite development economist and global finance expert, made history in 2021 as the first African and first woman to lead the 166-nation-member WTO.
Her first term as the seventh Director-General of the WTO will expire on August 31, 2025, while the second term begins on September 1.
Tinubu described the unanimous appointment as a demonstration of the trust and confidence the international community reposed in her leadership to advance multilateral trade for sustainable global development.
He expressed optimism that her consistent leadership would strengthen the international economic organisation’s role as a critical pivot of an all encompassing global economic growth and good governance in the next four years.
“As a committed member of the WTO, ECOWAS, and the African Continental Free Trade Area (AfCFTA), Nigeria will continue to support the WTO’s mission to foster a fair, inclusive, and equitable multilateral trading system,” the statement said.
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