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Ngozi Okonjo-Iweala Reappointed for a Second Term as Director-General of the WTO

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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.

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“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.

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“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.


 

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Obasanjo Holds Memorial Service for Late US President Jimmy Carter in Abeokuta

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Former Nigerian President Olusegun Obasanjo recently hosted a memorial service in Abeokuta, Ogun State, to honor his late friend and close ally, Jimmy Carter, the 39th President of the United States.

Carter, a remarkable statesman and humanitarian, passed away on December 29, 2024, at the age of 100, in his hometown of Plains, Georgia.

His death marked the end of a life filled with service and dedication to peace.

Obasanjo, who had a long-standing friendship with Carter, expressed his deep admiration for the former president through a statement issued by his media aide, Kehinde Akinyemi, announcing the service.

Carter’s legacy is profound, not just for his time in office but for his commitment to human rights, global peace, and public service.

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He was awarded the Nobel Peace Prize in 2002 for his efforts in promoting democracy, human rights, and combating disease in developing countries.

Before becoming president, Carter served as a Georgia state senator and governor, eventually defeating incumbent Gerald Ford in the 1976 presidential election.


 

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Peter Obi Urges the Government to Take Action on Nigeria’s Power Grid Failures

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Peter Obi, the former governor of Anambra State and presidential candidate, took to his X handle to express his frustration over the ongoing collapse of Nigeria’s national grid.

In a recent post, he mentioned the recurrence of grid failures, with the latest collapse occurring just 11 days into the new year.

Last year, Nigerians experienced similar setbacks as the national grid failed approximately 12 times, causing significant hardship for households and businesses.

Obi pointed out the cost of Nigeria’s power crisis, revealing that over $3.23 billion had been borrowed over the past four years to address the country’s electricity challenges.

Despite this, the nation struggles to produce more than 4,500 megawatts of power, falling far short of the energy needs of its growing population.

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The repeated grid failures are a stark reminder of the lack of progress in the power sector.

Obi questioned where the borrowed funds for the sector had been allocated, pointing to a lack of sincere commitment by Nigerian leaders to address the nation’s pressing issues.


 

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Dalung Claims Dangerous Cabal Is Influencing Tinubu’s Government Decisions

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Solomon Dalung, former Minister of Youths and Sports, has once again pointed out the presence of a dangerous cabal within President Bola Tinubu’s administration, suggesting they are shaping the decisions and actions of the current government.

Speaking on Arise TV’s The Morning Show on Friday, Dalung emphasized that this influential group was working against the country’s best interests.

Dalung went further to describe the cabal as “dangerous,” claiming their actions are driven by personal gain rather than the welfare of the people or the administration.

He stated, “If you look at the hardship in the country and the president’s reaction, it’s completely a disconnect from the reality we are dealing with.

The cabal’s infrastructure is still effective, influencing the government in ways that go against the president’s intentions.”

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He warned that the cabal’s actions, which seem at odds with the president’s plans, are undermining efforts that could have brought positive change to Nigerians.

Their self-serving interests, according to Dalung, are leading to decisions that hurt the nation rather than help it.

Despite revealing his views, Dalung chose not to name the individuals he believes make up the cabal, leaving that task to investigative journalists.

“It’s up to you to dig deeper and uncover the identities of those involved.

I have the right to reserve the names I think are part of the cabal,” he said.

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