Nigeria’s Minister of Industry hails Okonjo – Iweala’s appointment as WTO DG

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Otunba Adeniyi Adebayo, Minister of Industry, Trade and Investment has described the appointment of Dr. Ngozi Okonjo-Iweala as the Director-General of World Trade Organisation (WTO) as the right choice.

Adebayo said this in a statement signed by his Special Assistant on Media, Ifedayo Sayo, in Abuja today.

The statement was a sequel to the minister’s address during a zoom meeting of the WTO Special General Council coordinated from Geneva, Switzerland on Monday.

Adebayo, who said Okonjo-Iweala’s appointment will benefit the organization, also commended the transparent process that led to her appointment.

According to him, Nigeria wishes to express profound gratitude and deep appreciation to the members who assisted Okonjo-Iweala during the campaign period.

“Thanks also goes to all the regional groupings in the WTO for granting audience and support during and after the exercise.

“We also thank the WTO Secretariat staff, translators, and the press who worked hard in supporting and providing updates to members and the general public on the selection process,” he said.

The minister described Okonjo-Iweala as “one of the few on the global stage that enjoyed high recognition given charismatic leadership qualities.”

He said she had proven records of excellence and integrity, along with international political connections.

The minister expressed the belief that the new director-general would lead the organization to achieve its purpose and mandate.

“You will find her as a servant-leader who will always listen to you and work with you to achieve a common purpose.

“She shared her thoughts on possible solutions that would be brought on board for consideration to ensure that full mandates of WTO are enforced by members’ expectations,” he said.

He further expressed confidence that Okonjo-Iweala would mediate among members to ensure that factors responsible for divergences on various negotiating issues were addressed and streamlined.

“As a reformer, she has undertaken to work with members on the WTO reform agenda, including the urgent need to address the impasse of the Appellate in the Dispute Settlement Body.

“New initiatives with the support of members will be introduced to source for more funds from other multilateral financial institutions.

“This will help to assist members in building their capacity to fully comply with their obligations and new trade initiatives in the WTO,” he said.

The minister urged all members to give the new director-general all the cooperation required for her to work wto makeWTO an outstanding multilateral institution.

Source  The News Agency of Nigeria (NAN)

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