DO YOU AGREE? Nigeria Might Not Benefit Anything From Ngozi Okonjo-Iweala WTO-DG Appointment

February 17, 2021

Yesterday, Dr Ngozi Okonjo-Iweala was finally elected WTO Director General; which makes her the first Woman and the first African to lead the revered organization Congratulations to her!

Ngozi Okonjo-Iweala is a Nigerian-American economist and international development expert.

Going through her profile on Wikipedia, she previously spent a 25-year career at the World Bank as a development economist, scaling the ranks to the Number 2 position of Managing Director, Operations (2007–2011).

She also served two terms as Finance Minister of Nigeria (2003–2006, 2011–2015) under President Olusegun Obasanjo and President Goodluck Jonathan respectively.

She was the first woman to serve as the country’s finance minister and the first woman to serve in that office twice. In 2005, Euromoney named her global finance minister of the year.

During her first term as Minister of Finance under President Olusegun Obasanjo’s administration, she spearheaded negotiations with the “Paris Club” that led to the wiping out of US$30 billion of Nigeria’s debt, including the outright cancellation of US$18 billion.

Feb 18, 2021 at 12:26 PM