• Home
  • About Us
  • Contact Us
  • Privacy Policy
  • Terms and Conditions
Friday, July 4, 2025
Emerald News Nigeria
  • Home
  • Inside Delta
  • Health
  • Politics
  • Crime
  • Economy
  • Education
  • Relationship
  • Special Report
No Result
View All Result
  • Home
  • Inside Delta
  • Health
  • Politics
  • Crime
  • Economy
  • Education
  • Relationship
  • Special Report
No Result
View All Result
Emerald News Nigeria
No Result
View All Result

JUST IN: Okonjo Iweala moves to dump WTO job (check her challenges)

by Emerald Nigeria
September 30, 2021
in Politics
ShareTweetShareShare

Just seven months into her four-year tenure as the Director General at the World Trade Organisation (WTO), there are reports that Dr Ngozi Okonjo-Iweala is growing frustrated with the workings of the organization and has floated the idea of resigning if no headway can be found on critical issues.

According to Bloomberg, five trade officials, who declined to be identified, reported that Okonjo-Iweala has fully grasped the frustrating reality of the WTO’s historical inertia, and has considered quitting.

The officials said that she has repeatedly told ambassadors and staff that she could easily walk away from the job, and reminds them she hasn’t bought any furniture for her temporary home in Geneva.

But in a statement to Bloomberg News on speculation that she wants to run in the 2023 Nigeria’s presidential election, Okonjo-Iweala didn’t comment about her threats to resign but denied any interest in running for the Nigerian presidency, calling such speculation “utterly ridiculous and not true”.

She added: “I just got here. I am enjoying what I’m doing. It is a very exciting job and I am trying to have some successes here.”

Ngozi Okonjo-Iweala began her tenure with a plan to score quick negotiating victories that she hoped would help reboot the dysfunctional Geneva-based trade body.

Also Read:

SO SAD!! WTO DG, Okonjo-Iweala weeps, and here’s why

Nigerian governor gives appointment to Okonjo Iweala, Sanusi, Arumah Oteh, others

What Okonjo Iweala discussed with Tinubu inside presidential villa

President Tinubu meets Okonjo Iweala in Aso Villa

Observers note that her early departure would add yet another layer of chaos to an organization suffering from an existential crisis that may lead governments to conclude that WTO is not a credible forum for addressing their shared challenges.

Deep divisions and a lack of trust are not new for the WTO, which requires consensus agreement among all 164 members to finalize multilateral accords.

The WTO’s rigid negotiating structure and disparate interests of its diverse membership have precluded the organization from delivering anything substantial for the better part of the past decade.

Last year, Okonjo-Iweala’s predecessor – Roberto Azevedo – cited the lack of progress at the WTO as his primary reason for resigning from the organization a year before his tenure was scheduled to end.

The true test of Okonjo-Iweala’s leadership will come later in November, when she hosts the WTO’s 12th ministerial conference – a gathering of the organization’s highest decision-making body.

To date, WTO members have failed to make significant headway on the three priority areas Okonjo-Iweala identified for potential outcomes at the biennial meeting. These are: an agreement to curb harmful fishery subsidies; a pledge to reduce trade-distorting agricultural policies; and a framework to expand global trade in vaccines, therapeutics and diagnostics.

Tags: Ngozi Okonjo IwealaWTO
ShareTweetShareSend
Previous Post

BREAKING: Governor’s chief of staff resigns, to pursue 2023 governorship ambition

Next Post

Check what may happen to Atiku, Tambuwal as PDP zones important political office to North

Related Posts

History Beckons As Senator Nwoko’s Anioma State Creation Bill Reaches Crucial Milestone

History Beckons As Senator Nwoko’s Anioma State Creation Bill Reaches Crucial Milestone

July 3, 2025
Guber polls: Peter Obi writes strong letter to Nigerians as governorship election begins today

Labour Party issues 48-hour ultimatum to Peter Obi to take this decision

July 3, 2025
Obi sends strong message to all Obidients, other Nigerians ahead of presidential inauguration on Monday

Peter Obi Declares Support for ADC, Unveils 2027 Political Roadmap

July 3, 2025
Senator Nwoko Makes Big Announcement to Delta North, Offers Full Scholarships for 90 Deserving Students

Delta North 2027: Senator Ned Nwoko holds the ace, and here’s why

July 2, 2025
Experience vs. Experiment: Delta North’s Defining Choice

Senator Nwoko wins big as 85 Senators endorse creation of Anioma state ahead of July 4 public hearing

July 1, 2025
Anambra Poised to Become West Africa’s Tech Hub — Governor Soludo

Anambra Poised to Become West Africa’s Tech Hub — Governor Soludo

June 29, 2025
Next Post
Check what may happen to Atiku, Tambuwal as PDP zones important political office to North

Check what may happen to Atiku, Tambuwal as PDP zones important political office to North

Trending

  • Delta Government Clarifies Indecent Dressing Law, Sends Message to Law Enforcement Agents

    Delta Government Clarifies Indecent Dressing Law, Sends Message to Law Enforcement Agents

    0 shares
    Share 0 Tweet 0
  • Senator Nwoko wins big as 85 Senators endorse creation of Anioma state ahead of July 4 public hearing

    0 shares
    Share 0 Tweet 0
  • Labour Party issues 48-hour ultimatum to Peter Obi to take this decision

    0 shares
    Share 0 Tweet 0
  • (Watch Video): Leaked S3x tape of another Nigerian celebrity is shared online, victim reacts as her video goes viral

    0 shares
    Share 0 Tweet 0
  • You misrepresented facts in your press interview – APC chieftain replies Festus Okubor

    0 shares
    Share 0 Tweet 0
  • Peter Obi Declares Support for ADC, Unveils 2027 Political Roadmap

    0 shares
    Share 0 Tweet 0
  • Strategic Representation: Senator Nwoko Secures Federal Appointments Across Key Sectors for Constituents

    0 shares
    Share 0 Tweet 0
  • We Will Celebrate His Life, Mourn His Death – Mayor of Urhoboland Commiserates with Dantata Family

    0 shares
    Share 0 Tweet 0
  • You’ve been a pillar of support to our people – Senator Nwoko celebrates Dein of Agbor at 48

    0 shares
    Share 0 Tweet 0
  • Delta North 2027: Senator Ned Nwoko holds the ace, and here’s why

    0 shares
    Share 0 Tweet 0

Latest Stories

RERO TV set to Mark 5th Anniversary August 13 in Sapele

July 3, 2025

History Beckons As Senator Nwoko’s Anioma State Creation Bill Reaches Crucial Milestone

July 3, 2025

Labour Party issues 48-hour ultimatum to Peter Obi to take this decision

July 3, 2025

Peter Obi Declares Support for ADC, Unveils 2027 Political Roadmap

July 3, 2025

Udu protests misguided, projects are verifiable – Delta government says

July 2, 2025

Delta North 2027: Senator Ned Nwoko holds the ace, and here’s why

July 2, 2025

Delta Government Clarifies Indecent Dressing Law, Sends Message to Law Enforcement Agents

July 2, 2025

Senator Nwoko hosts African diplomats in continental push for restitution and justice

July 2, 2025

ANTI-OPEN GRAZING LAW: Delta Activist Mulade Laments Non-Implementation, Says State Government Lacks Political Will After 4 Years of Passage

July 2, 2025

Strategic Representation: Senator Nwoko Secures Federal Appointments Across Key Sectors for Constituents

July 1, 2025
  • Home
  • About Us
  • Contact Us
  • Privacy Policy
  • Terms and Conditions

© 2024 Emerald News Nigeria.

Welcome Back!

Login to your account below

Forgotten Password?

Retrieve your password

Please enter your username or email address to reset your password.

Log In

Add New Playlist

No Result
View All Result
  • Emerald News Nigeria
  • Inside Delta
    • Niger Delta
  • Politics
  • Economy
  • Crime
  • Education
  • Health
  • Entertainment
  • Relationship
  • Special Report

© 2024 Emerald News Nigeria.