The World Trade Organisation (WTO) on Friday announced the reappointment of Dr. Ngozi Okonjo-Iweala as director-general for a second term.
In a post on X, the WTO indicated that Okonjo-Iweala’s second term in office would take the reappointment will take effect on September 1, 2025.
In a notice to journalists, the WTO stated that members of the global trade organization agreed to give Okonjo-Iweala a second term during the general council meeting held today.
It stated: “Her second four-year term, which was approved at a special General Council meeting, will begin on 1 September 2025,” WTO added.
“DG Okonjo-Iweala took office as Director-General in March 2021 and is the first African and the first woman to serve as head of the organization”, the WTO added.
It would be recalled that the former Nigeria’s Minister of Finance and Coordinating Minister of the Economy had expressed her intention to seek another four-year term as the Director-General of the WTO on September 16 this year.
Okonjo-Iweala’s announcement came some weeks after the 58 member countries supported a proposal from the African Group of WTO for her to direct the affairs of the organisation for a second term.