PRESIDENT MUHAMMADU BUHARI HAILS OKONJO IWEALA ON HER EMERGENCE AS DIRECTOR-GENERAL OF WTO.
Written by miebaka ikiriko on February 16, 2021
President Muhammadu Buhari has congratulated Dr. Ngozi Okonjo Iweala over her new job.
President Buhari said Okonjo Iweala’s emergence has brought more honor and joy to Nigeria
In a statement by his Media Assistant Malam Garba Shehu, President Buhari felicitated with the former coordinating minister for the Economy and Minister of Finance
He stated that Okonjo Iweala who over the years set major records of economic reforms in Nigeria as Minister of finance and later as minister of foreign affairs will excel in her new position and validate the global mandate of repositioning and strengthening WTO.
Meanwhile Dr. Ngozi Okonjo Iweala has unveiled her agenda which include working with other members of the Organization in reforming and rebranding the global trade body.
According to her, the rule book of the Geneva based organization is outdated and its rules lag behind those of some regional and bilateral trade agreements which are incorporating many innovations.
Okonjo Iweala stated that the WTO rule book must be updated to take into account 21st century realities such as e-commerce and the digital economy.
She is to assume office on March first, 2021 and her term, renewable will expire on 31st August 2025.