fbpx
Wednesday, December 4, 2024
-0.8 C
Tallinn

Tinubu Congratulates Okonjo-Iweala on WTO Reappointment

Agency Report

President Bola Tinubu on Friday congratulated Dr Ngozi Okonjo-Iweala, former Coordinating Minister for the Economy and Minister of Finance, on her unanimous re-election today as the Director-General of the World Trade Organisation, WTO.

Mrs 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 Aug. 31, 2025, while the second term begins Sept.1, 2025, Bayo Onanuga, Special Adviser to the President, Information and Strategy, said in a statement.

Mr Tinubu said Mrs Okonjo-Iweala’s unanimous appointment for a second four-year term demonstrated the trust and confidence the international community placed in her leadership to advance multilateral trade for sustainable global development.

“President Tinubu 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.

“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.

“President Tinubu assures 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,” Mr Onanuga said.

SourceNAN

Hot this week

Russian National Arrested for Attempting to Illegally Export Aircraft to Russia by Transshipping Through Armenia

Sergey Nechaev, a dual U.S.-Russian citizen, was arrested on...

Germany Pledges More Weapon To Ukraine

Agency Report Kiev  - German Chancellor Olaf Scholz arrived in Kiev...

Nearly 100,000 Volkswagen workers joined one-day wave of strikes

Agency Report Wolfsburg, Germany - A day-long wave of strikes...

Trial of alleged former German concentration camp guard may go ahead — Court

Agency Report Hanau, Germany  - A 100-year-old man alleged to have...

Zambia launches first ever National Rainwater Harvesting Strategy

The Zambian Ministry of Water Development and Sanitation (MWDS),...

Latest

Germany Pledges More Weapon To Ukraine

Agency Report Kiev  - German Chancellor Olaf Scholz arrived in Kiev...

Nearly 100,000 Volkswagen workers joined one-day wave of strikes

Agency Report Wolfsburg, Germany - A day-long wave of strikes...

Trial of alleged former German concentration camp guard may go ahead — Court

Agency Report Hanau, Germany  - A 100-year-old man alleged to have...

Zambia launches first ever National Rainwater Harvesting Strategy

The Zambian Ministry of Water Development and Sanitation (MWDS),...

Bayern’s Sané investigated by German FA over possible elbow

Agency Report Frankfurt  - Bayern Munich winger Leroy Sané risks...

Kremlin Criticizes Scholz for Pledges of Support to Ukraine

Agency Report Moscow  - Russia has criticized German Chancellor Olaf...

Nigerian Pastor Bolaji Idowu Arrested Over Alleged Real Estate Fraud and Money Laundering

ABUJA, Nigeria — The Nigeria Police Force has arrested...
spot_img

Related Articles

Popular Section

spot_imgspot_img

MORE FROM CHATNEWSTV

German DAX Tops 20,000 Points as Investors Bet on Lower Interest Rates

FRANKFURT, Germany (CHATNEWSTV) — Germany's DAX stock index broke through the 20,000-point mark for the first time on Tuesday, riding a wave of investor...

House of Reps Orders CBN to Suspend Retirement of 1,000 Staff

The House of Representatives, on Tuesday, directed the Central Bank of Nigeria, CBN to suspend the retirement of 1,000 staff and the associated payoff...

Key Provisions in Tinubu’s Tax Reform Bill Are Ambiguous — Pantami

Former Minister of Communications and Digital Economy, Prof. Isa Ali-Pantami, has lamented that several sections of the controversial Tax Administration Bills currently before the...

Nigeria Secures $2.2 Billion in 6.5-Year and 10-Year Eurobonds to Address Budget Deficits

Agency Report Nigeria has successfully priced 2.2 billion dollars in Eurobonds maturing in 2031 and 2034 in the international capital markets. This is according to a...

IFC Finances $19.4 Million Anchor Investment in Boxer Retail’s Public Listing in South Africa

Johannesburg, South Africa, December 3, 2024 – International Finance Corporation (IFC) has invested ZAR 350 million ($19.4 million) as a cornerstone investor in leading discount...

IFC Issues 700 Million Australian Dollar Green Kangaroo Bond to Promote Biodiversity in Emerging Markets

Washington, D.C., December 3, 2024—IFC, a member of the World Bank Group, issued a green bond in the Kangaroo market, raising 700 million Australian...

Ebonyi Governor Issues 72-Hour Ultimatum to Striking Workers

ABAKALIKI, Nigeria (CHATNEWSTV) — Ebonyi State Governor Francis Nwifuru has given state workers 72 hours to resume work or face dismissal, following a warning...

Garlands of Honour as CAC Babandede, WACT Bags Awards at CGC’s 2024 Award Night

By Bon Peters   It was garland of honour for the Nigeria Customs Service Area 11 Command and the West African Container Terminal WACT both in...

‘Publish Names of Contractors Who Disappeared With N167bn Meant For 31 MDAs’, SERAP Tells Tinubu

Socio-Economic Rights and Accountability Project (SERAP) has urged President Bola Tinubu "to direct the Minister of Finance and Coordinating Minister of the Economy, Olawale...