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
FG Extends NYSC Orientation Camp From 3 to 6 Weeks
The Federal Government has announced an extension of the NYSC programme. It can be noted that the NYSC camp orientation is usually for three weeks before the youths go out to gain experience, employment, and serve the country for one year.
However, the FG announced that the passing-out parade from camp will be cancelled, and corps members will now spend six weeks in camp instead of three weeks.
“The first two weeks speak to laying a foundation on civic responsibility. The next two weeks will look at career mapping, basic accounting literacy skills, business planning and access to finance. The final two weeks, we intend to have focused corps-stream-specific training aligned with the corps member’s designated stream based on his choice, academic background and skills profile.”
News
Is Lagos Sinking? Residents Raise Concerns as Flooding Worsens
With the rainy season in Nigeria, many are wondering if the increase in flooding has now become the new normal. Lots of videos, clips, and complaints have literally flooded online, showing how badly roads, homes, and other places have been affected.
We were used to hearing about the rise of water on the Island since it is literally surrounded by water, but now floods are being spotted on the Mainland as well.
We may not know exactly why this is happening, but one thing is certain—we urgently need a lasting solution.
News
Federal Government Clarifies Position on Proposed Tax Recommendations
The federal government reacted to claims stating that the new tax rules will be imposed on telecommunications and petroleum products for Nigerians.
The FG released a statement to explain the process and stated that there is no intention to place taxes on telecom and petroleum products and services.
“Those recommendations do not amount to government policy and are not binding on Nigeria. Decisions on tax matters are taken through established constitutional and legislative processes and are guided by national priorities and prevailing economic realities.”
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