GistReel

President Bola Ahmed Tinubu has hailed the reappointment of the former Coordinating Minister for the Economy and Minister of Finance, Dr Ngozi Okonjo-Iweala as the Director-General of the World Trade Organisation (WTO).

The President, in a statement on Friday, noted that the unanimous appointment for a second four-year term demonstrates the trust and confidence the international community places in her leadership, to advance multilateral trade for sustainable global development.

Gistreel recalls that Okonjo-Iweala, made history in 2021 as the first African and first woman to lead the 164-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, stated that he is confident that her continued leadership will strengthen the international economic organisation’s role as a critical pillar of inclusive global economic growth and good governance in the next four years.

He also assured Okonjo-Iweala of Nigeria’s steadfast support as she consolidates her bold reforms, dedication to equitable global trade practices, and tireless efforts to promote international cooperation.