Nigerian Ruler, Muhammadu Buhari, has nominated Former Finance Minister, Ngozi Okonjo-Iweala as the nation’s candidate to be director-general of the World Trade Organization.
Special Assistant to the Ruler on Digital and New Media, Tolu Ogunlesi, announced the nomination via his Twitter handle, on Friday afternoon.
Brazilian Director-General Roberto Azevedo in May said he plans to step down from the 25-year-old WTO at the end of August, a year before his term ends, saying it’s the best way to avoid more chaos at the alliance, which has already been hobbled by attacks from President Donald Trump and the start of a global recession.
Okonjo-Iweala is a former World Bank executive who negotiated a write-off of Nigeria’s debt in the mid-2000s. She has served as minister of finance, economy and foreign affairs in Nigeria, and is currently one of the African Union’s special envoys to mobilize international support for the continent’s response to the coronavirus pandemic.
According to a national daily, Buhari withdrew the candidacy of Yonov Frederik Agah, Nigeria’s permanent representative to WTO, for the same position.