News
Ngozi Okonjo-Iweala Reappointed for a Second Term as Director-General of the WTO
Ngozi Okonjo-Iweala, Nigeria’s renowned economist and the Director-General of the World Trade Organization (WTO), has shared her thoughts following her reappointment for a second term.
The WTO General Council confirmed her reappointment, extending her leadership for another four years.
Okonjo-Iweala expressed profound gratitude for the trust and support shown by the WTO’s 166 member nations.
In a statement addressed to the WTO General Council on Friday, Okonjo-Iweala acknowledged the honor of continuing in her role, emphasizing her commitment to advancing the organization’s mission.
“I am deeply honored by the trust and support of the WTO General Council and its 166 Members,” she said.
“It is a privilege to continue serving as Director-General for a second term.”
Since taking office, Okonjo-Iweala has played a pivotal role in guiding the WTO through some of the most challenging times in recent history.
Under her leadership, the organization navigated the global economic turmoil caused by the COVID-19 pandemic, managed the effects of ongoing conflicts, and faced growing geopolitical tensions.
Looking ahead, the Director-General emphasized her dedication to delivering impactful results.
“In recent years, the WTO has played a vital role in helping Members navigate pressing global challenges, including the pandemic, conflict, and heightened geopolitical tensions,” she noted.
“As we look ahead, I remain firmly committed to delivering results that matter—results that ultimately improve the lives of people around the world.”
In her statement, Okonjo-Iweala also mentioned the importance of collaboration within the WTO.
She reaffirmed her commitment to working closely with the organization’s staff to build a multilateral trading system that is more inclusive, equitable, and based on clear, fair rules that benefit all.
News
Ngozi Okonjo-Iweala Says Nigeria Lacks a Maintenance Culture
The Director-General of the World Trade Organization (WTO), Ngozi Okonjo-Iweala, has spoken on Nigeria’s economy, stating that the country lacks a good maintenance culture.
She said “The fact is that endowments alone do not add value. Budgetary allocations alone do not lead to new roads or good maintenance.”
“We lack a maintenance culture in the country. I have to say that. I’m Nigerian, but we need that. We need better ports and digital infrastructure, and lower trade costs. Execution is what matters, and successful execution requires focus. It requires prioritisation.”
News
Peter Obi Criticises President Tinubu’s Statement on Hunger
Politician and former presidential candidate Peter Obi speaks on President Bola Tinubu’s comments regarding the rising hunger and worsening economic situation in Nigeria.
It can be noted that the President recently stated that hunger has always existed in Nigeria.
Peter Obi responded “I watched with deep concern the statement made by President Bola Tinubu to the Catholic Bishops, that there has always been hunger in Nigeria, even before he was born.”
“While it is true that hunger has been a part of human life and has existed in our country for decades, such a statement appears insensitive to the plight of the millions of Nigerians who face worsening economic hardship today.”
News
Nigerian Army Launches New IED Training Programme
Reports have been shared stating that the Nigerian Army has launched a new programme designed to train and improve the skills of engineers in tackling threats posed by Improvised Explosive Devices (IEDs).
The seminar is being organised by the 41 Engineer Brigade of the 1 Division Nigerian Army.
It was stated “Improvised Explosive Devices have become one of the greatest security threats confronting the Nigerian Army in ongoing counter-insurgency operations. Their widespread use has complicated military operations and humanitarian activities in conflict-affected areas.”
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