• Login
  • Register
Nairametrics
  • Home
  • Exclusives
    • Recapitalization
      • Access Holdings Offer
      • Fidelity Bank Offer
      • GTCO Offer
      • Zenith Bank Offer
    • Financial Analysis
    • Corporate Stories
    • Interviews
    • Investigations
    • Metrics
    • Nairalytics
  • Economy
    • Business News
    • Budget
    • Public Debt
    • Tax
  • Markets
    • Currencies
    • Cryptos
    • Commodities
    • Equities
      • Company Results
      • Dividends
      • Public Offer & Right Issues
      • Stock Market News
    • Fixed Income
    • Funds Management
    • Securities
  • Sectors
    • Agriculture
    • Aviation
    • Company News
    • Consumer Goods
    • Corporate Updates
    • Corporate deals
    • Corporate Press Releases
    • Energy
    • Entertainment
    • Financial Services
    • Health
    • Hospitality & Travel
    • Manufacturing
    • Real Estate and Construction
    • Renewables & Sustainability
    • Tech News
  • Financial Literacy
    • Career tips
    • Personal Finance
  • Lifestyle
    • Billionaire Watch
    • Profiles
  • Opinions
    • Blurb
    • Market Views
    • Op-Eds
    • Research Analysis
  • Home
  • Exclusives
    • Recapitalization
      • Access Holdings Offer
      • Fidelity Bank Offer
      • GTCO Offer
      • Zenith Bank Offer
    • Financial Analysis
    • Corporate Stories
    • Interviews
    • Investigations
    • Metrics
    • Nairalytics
  • Economy
    • Business News
    • Budget
    • Public Debt
    • Tax
  • Markets
    • Currencies
    • Cryptos
    • Commodities
    • Equities
      • Company Results
      • Dividends
      • Public Offer & Right Issues
      • Stock Market News
    • Fixed Income
    • Funds Management
    • Securities
  • Sectors
    • Agriculture
    • Aviation
    • Company News
    • Consumer Goods
    • Corporate Updates
    • Corporate deals
    • Corporate Press Releases
    • Energy
    • Entertainment
    • Financial Services
    • Health
    • Hospitality & Travel
    • Manufacturing
    • Real Estate and Construction
    • Renewables & Sustainability
    • Tech News
  • Financial Literacy
    • Career tips
    • Personal Finance
  • Lifestyle
    • Billionaire Watch
    • Profiles
  • Opinions
    • Blurb
    • Market Views
    • Op-Eds
    • Research Analysis
Nairametrics
Home Business News Politics

WTO Leadership: Okonjo-Iwela’s emergence as DG faces another new hurdle

Chike Olisah by Chike Olisah
November 2, 2020
in Politics, Spotlight
WTO, Nigeria’s former finance minister, Okonjo-Iweala, gets IMF appointment

Ngozi Okonjo-Iweala

Share on FacebookShare on TwitterShare on Linkedin

The bid by the World Trade Organization (WTO) to choose a new Director-General by next week could be delayed by at least one month, due to the rapid spread of coronavirus pandemic in Switzerland, which houses the headquarters of the multinational trade organization.

According to a report from Bloomberg, this new development could further disrupt the WTO’s ability to confirm Nigeria’s Ngozi Okonjo-Iweala as the first African and woman to lead the organization in its 25-year history.

It was gathered that while some in-person meetings may become virtual, senior WTO officials are discussing the possibility of postponing their plan to make a formal announcement on Okonjo-Iweala’s appointment at a general council meeting initially scheduled for Nov. 9 at the WTO’s headquarters in Geneva, Switzerland.

MoreStories

FG, States and LGAs share N1.35 trillion as FAAC allocation in June

VAT allocations to FG, states, LGAs jump to N7.73 trillion in 2025

February 4, 2026
Startup funding: Kenya overtakes Nigeria with $800 million raised in 2023 – Report

Nigeria’s startup acquisitions signal selective consolidation as funding tightens -Experts  

February 4, 2026

It can be recalled that Geneva’s cantonal authorities, on Sunday, announced strict new lockdown measures, following a surge in COVID-19 infections and hospitalizations in the Swiss city. It pointed out that from November 2, 2020, to November 29, 2020, the area will prohibit public and private events of more than 5 people.

The potential delay of next week’s meeting by WTO to take a final decision on the appointment of a new DG is neither the only or greatest hurdle to Okonjo-Iweala’s appointment as director-general.

What you should know

Nairametrics had reported that the Trump administration on October 28, said it would not support the emergence of Nigeria’s Ngozi Okonjo Iweala, who is the consensus candidate, as the new DG of WTO, because the U.S. preferred South Korean Trade Minister, Yoo Myung-Hee, for the job, who they insisted is still in the race.

The US government unilaterally opposition to Okonjo-Iweala is despite the fact that the WTO selection committee determined she clearly carried the largest support by members and enjoyed broad support from members at all levels of development and from all geographic regions.

The U.S. move has disrupted the leadership race because all WTO decisions are made by a consensus of its 164 members, which means a single country, in this case, the United States, can oppose a decision for any reason.


Add Nairametrics on Google News
Follow us for Breaking News and Market Intelligence.
Tags: Ngozi Okonjo IwealaWorld Trade OrganizationWTO
Chike Olisah

Chike Olisah

Chike was a banker with over 11 years experience in retail and commercial banking, risk management, treasury portfolio management and relationship management. He also acquired some experience in financial management and do have some special interest in investment analysis and personal finance. He had stints with financial institutions like the former Intercontinental Bank and Fidelity Bank.

Next Post
How to check the 2020 WASSCE results, certificates to be released within 90 days

How to check the 2020 WASSCE results, certificates to be released within 90 days

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

rabafast
NLNG

access bank
nairametrics








DUNS

Follow us on social media:

  • HOME
  • ABOUT NAIRAMETRICS
  • CONTACT US
  • DISCLAIMER
  • ADs DISCLAIMER
  • COPYRIGHT INFRINGEMENT

© 2026 Nairametrics

Welcome Back!

Login to your account below

Forgotten Password? Sign Up

Create New Account!

Fill the forms below to register

All fields are required. Log In

Retrieve your password

Please enter your username or email address to reset your password.

Log In
Social Media Auto Publish Powered By : XYZScripts.com
No Result
View All Result
  • Home
  • Exclusives
    • Recapitalization
      • Access Holdings Offer
      • Fidelity Bank Offer
      • GTCO Offer
      • Zenith Bank Offer
    • Financial Analysis
    • Corporate Stories
    • Interviews
    • Investigations
    • Metrics
    • Nairalytics
  • Economy
    • Business News
    • Budget
    • Public Debt
    • Tax
  • Markets
    • Currencies
    • Cryptos
    • Commodities
    • Equities
      • Company Results
      • Dividends
      • Public Offer & Right Issues
      • Stock Market News
    • Fixed Income
    • Funds Management
    • Securities
  • Sectors
    • Agriculture
    • Aviation
    • Company News
    • Consumer Goods
    • Corporate Updates
    • Corporate deals
    • Corporate Press Releases
    • Energy
    • Entertainment
    • Financial Services
    • Health
    • Hospitality & Travel
    • Manufacturing
    • Real Estate and Construction
    • Renewables & Sustainability
    • Tech News
  • Financial Literacy
    • Career tips
    • Personal Finance
  • Lifestyle
    • Billionaire Watch
    • Profiles
  • Opinions
    • Blurb
    • Market Views
    • Op-Eds
    • Research Analysis
  • Login
  • Sign Up

© 2026 Nairametrics