OKONJO-IWEALA SOLE CANDIDATE FOR WTO DIRECTOR GENERAL

download 85 jpeg

OKONJO-IWEALA, SOLE CANDIDATE FOR WTO DIRECTOR GENERAL

The World Trade Organisation (WTO) has confirmed Ngozi Okonjo-Iweala, the current director-general, as the sole candidate for the position.

According to a statement from the organisation on Saturday, Okonjo-Iweala confirmed her willingness to serve a second four-year term on September 16.

The WTO formally began the process to appoint its next director-general on October 8, allowing members until November 8 to submit nominations.

In a message to members, Petter Olberg, chair of the WTO’s general council, announced that no additional nominations were received by the November 8 deadline.

“Under the procedures for the appointment of Directors-General (WT/L/509), I am required to communicate to Members a consolidated list of candidatures received for the post of Director-General immediately after the close of the nomination period, in this case 8 November 2024,” the statement reads.

“I would like to advise members that at the end of the nomination period the only candidacy received for this post is from Dr Ngozi Okonjo-Iweala, the incumbent director-general.

“The notification received from Dr Okonjo-Iweala pursuant to paragraph 12 of the Procedures in WT/L/509, was circulated to all Members together with my communication in document JOB/GC/406, dated 16 September 2024.”

The organisation noted that the general council chair would communicate the next steps in the process soon.

WTO added that Okonjo-Iweala’s current term will come to an end on August 31, 2025.

On February 15, 2021, Okonjo-Iweala was appointed as the director-general of the WTO.

She made history as the first woman and the first African to lead the WTO.

Okonjo-Iweala’s second-term bid had been in doubt after Donald Trump’s victory in the United States presidential election on Wednesday.

Trump’s administration blocked her nomination in October 2020, in support of Yoo Myung-hee, former South Korean trade minister.

However, after losing his second-term presidential bid in November of the same year, Joe Biden’s administration backed Okonjo-Iweala for the WTO DG job.

  • Dons Eze

    DONS EZE, PhD, Political Philosopher and Journalist of over four decades standing, worked in several newspaper houses across the country, and rose to the positions of Editor and General Manager. A UNESCO Fellow in Journalism, Dr. Dons Eze, a prolific writer and author of many books, attended several courses on Journalism and Communication in both Nigeria and overseas, including a Postgraduate Course on Journalism at Warsaw, Poland; Strategic Communication and Practical Communication Approach at RIPA International, London, the United Kingdom, among others.

    Related Posts

    ABIA DECLARES FREE EDUCATION, TO PROSECUTE DEFAULTING PARENTS, GUARDIAN

    , ABIA DECLARES FREE EDUCATION: TO PROSECUTE DEFAULTING PARENTS, GUARDIAN Abia State government has announced free and compulsory education for all children in the state irrespective of their state of origin. The free education, which will commence by January 2025, will run from primary one to Junior Secondary School three in all public schools. The Commissioner for Information, Prince Okey Kanu, disclosed this while briefing the press after the State Executive Council meeting. He said that parents and guardians who flouted the new policy would face prosecution. “In line with the Abia Child’s Rights Law 2006, it’s now an offence for parents not to send their children or wards to school because Government has made education free and compulsory,” Kanu warned. The policy, according to him, is pursuant to the quest by the Governor Alex Otti-led administration, to deliver quality and affordable education to the state. Abia Varsity Law Faculty Also, he said there was no going back on the proposed relocation of the Law Faculty of the Abia State University, Umuahia campus, back to Uturu main campus. He explained that the decision was taken in the overall public interest. The Commissioner also announced that contract had been awarded for the rehabilitation of nine additional roads in different parts of the state, and promised to provide details of the new road projects later. He also disclosed that Government would attend to all issues arising from the implementation of the new minimum wage. The Commissioner further said that the Governor had directed the Commissioner for Works to effect immediate repairs on the failed portion of the Osisioma ‘fly -over’ built by the immediate-past administration of Gov Okezie Ikpeazu. He regretted that “the ‘fly-over’ which is the signature project of that administration has started failing within two years”. Contributing, the Special Adviser to the Governor on Media and Publicity, Mr Ferdinand Ekeoma, said that the opening on the ‘fly-over’ was widening and multiple, but “does not pose any immediate threat”.

    FG SPENT N19B ON PRESIDENTIAL PLANES IN 15 MONTHS – REPORT

    FG SPENT N19B ON PRESIDENTIAL PLANES IN 15 MONTHS – REPORT At least N19.43bn was spent on the maintenance and operations of the Presidential Air Fleet from July 2023 to September 2024.Checks on GovSpend, a civic tech platform that tracks and analyses the Federal Government’s spending, showed that for 2024, the payouts amounted to N13.55bn, representing 66 per cent of the allocations for the fleet in the 2024 fiscal year.Most disbursements were labelled ‘Forex Transit Funds,’ typically funds allocated for foreign exchange requirements to facilitate international transactions and engagements.In the context of the Presidential Air Fleet, such funds are used to cover expenses related to operations outside the country, including fuel purchases, maintenance or services in foreign currencies.“When aircraft on the fleet are abroad, payments are often made in U.S. dollars or another foreign currency to ensure uninterrupted operations,” a government official explained.In July 2023, N1.52bn was disbursed in two tranches of N846m and N675m for ‘Presidential air fleet forex transit funds.’The following month, N3.1bn was disbursed in three tranches of N388m, N2bn, and N713m for the same item.In November of that year, N1.26bn was released to the Presidential Air Fleet naira transit account.The first overhead for 2024 came in March, where N1.27bn were disbursed twice, amounting to N2.54bn. The transit account received N6.35bn in April, N4.97bn in May and N210m in July.August saw the highest frequency of transactions, with N5.60bn released in six separate disbursements.Although these transactions were not clearly labelled, the monies were paid into the Presidential Air Fleet naira transit account, including the N35m transfer made in September.In late April, the transit account received N5.08bn; this came around the same time the President was on a two-nation tour to the Netherlands and Saudi Arabia.Although Tinubu arrived in the Netherlands in a state-owned Gulfstream AeroSpace 550 Jet, the aircraft could not proceed to Saudi Arabia due to unspecified technical problems. He reportedly continued his journey on a chartered private plane.At the time, the President’s Boeing 737 business jet was undergoing maintenance. It was later replaced with an Airbus A330 purchased for $100m in August through service-wide votes.The nearly 15-year-old plane, an ACJ330-200, VP-CAC (MSN 1053), is “spacious and furnished with state-of-the-art avionics, customised interior and communications system,” Tinubu’s Special Adviser on Information and Strategy, Mr Bayo Onanuga, said, adding that it “will save Nigeria huge maintenance and fuel costs, running into millions of dollars yearly.”The new Airbus A330 is just one of several aircraft currently on the Presidential Air Fleet, arguably one of Africa’s largest, with around 11 aircraft of various makes and models. Until August, it comprised the 19-year-old B737-700 and a 13-year-old Gulfstream Aerospace G550.The BBJ was acquired during the tenure of former President Olusegun Obasanjo at $43m but became a money guzzler as it aged.Onanuga, defending the purchase of Airbus A330, argued that the new Airbus 330 aircraft and the costs of maintaining the air fleet were not for the president but in the interest of Nigerians.“It’s not President Tinubu’s plane; it belongs to the people of Nigeria, it is our property…the President did not buy a new jet; what he has is a refurbished jet – it has been used by somebody else before he got it, but it is a much newer model than the one President Buhari used.“The one President Buhari used was bought by President Obasanjo some 20 years ago. There was a time when the President went to Saudi Arabia, and the plane developed some problems. The President had to leave the Netherlands with a chartered jet.“Nigerians should try to prioritise the safety of the President. I’m not sure anybody wishes our president to go and crash in the air. We want his safety so that he can hand it over to whoever…

    Leave a Reply

    Your email address will not be published. Required fields are marked *

    You Missed

    NEW EDO GOVERNOR, OKPEBHOLO, HITS GROUND RUNNING, APPOINTS KEY OFFICERS

    • By Dons Eze
    • November 12, 2024
    • 36 views

    BREAKING: ARCHBISHOP OF CANTERBURY, JUSTIN WELBY, RESIGNS

    • By Dons Eze
    • November 12, 2024
    • 87 views

    ABIA DECLARES FREE EDUCATION, TO PROSECUTE DEFAULTING PARENTS, GUARDIAN

    • By Dons Eze
    • November 12, 2024
    • 32 views

    WAR OF FIRST LADIES: MELANIA TRUMP SNUBS JILL BIDEN, SKIPS TRADITIONAL MEETING

    • By Dons Eze
    • November 12, 2024
    • 34 views

    DANGOTE, IPMAN REACH ACCORD ON LIFTING OF PMS, OTHERS

    • By Dons Eze
    • November 12, 2024
    • 38 views

    UNTOLD STORY OF EQUATORIAL GUINEAS SEX TAPE LEAK

    • By Dons Eze
    • November 12, 2024
    • 108 views