• About Us
  • Contact Us
Wednesday, May 31, 2023
Emerald News
  • Home
  • News
  • Inside Delta
  • Health
  • Politics
  • Crime
  • Economy
  • Education
  • Relationship
  • Special Report
No Result
View All Result
  • Home
  • News
  • Inside Delta
  • Health
  • Politics
  • Crime
  • Economy
  • Education
  • Relationship
  • Special Report
No Result
View All Result
Emerald News
No Result
View All Result
Home Economy

House of Reps endorse Okonjo Iweala for DG WTO as Elumelu makes case

by Emerald Nigeria
3 years ago
in Economy
0
House of Reps endorse Okonjo Iweala for DG WTO as Elumelu makes case
ShareTweetShareShare

As Dr. Ngozi Okonjo Iweala battles to win the contest for the director general of the World Trade Organisation (WTO), Nigeria’s House of Representatives has endorsed the candidacy of Dr. Ngozi Okonjo Iweala for the position as the only Nigerian representative.

Iweala will be battling with seven other contestants from countries other than Nigeria. They are Dr. Jesús Seade Kuri from Mexico; Mr. Abdel-Hamid Mamdouh from Egypt; Mr. Tudor Ulianovschi from Moldova; Ms Yoo Myung-hee from Republic of Korea; Ms. Amina C. Mohamed from Kenya; Mr. Mohammad Maziad Al-Tuwaijri from Kingdom of Saudi Arabia and Dr. Liam Fox from United Kingdom.

The eight candidates were nominated by their respective governments to contest for the position of the director general of the organization. The nomination was sequel to the announcement of the incumbent director general’s stepping down on August 31, 2020.

Following the nomination of Okonjo, Hon. Ndudi Elumelu, representing Aniocha/Oshimili, on Tuesday, July 14, 2020 moved a motion for the endorsement of Okonjo Iweala as candidate for the WTO DG at the House plenary.

In adopting the motion, the House commended ECOWAS Authority of Heads of States and Governments for their endorsement of the candidate of the former Nigeria Finance Minister, while urging President Mohammadu Buhari to further rally other African leaders to support her bid as the Director General of WTO.

The House of Representatives also called on the Pan African parliament to follow suit by way of endorsing the candidate of Dr. Okonjo-Iweala and equally urged the Federal Government of Nigeria to interface with the Government of Egypt and Kenya with a view to stepping down their candidates in the spirit of African oneness and reciprocity.

Moving the motion, Hon Elumelu recalled that via the Marrakesh Agreement of 15th April, 1994, which was signed by 123 nations, the WTO came into existence, replacing the General Agreement on Tariffs and Trade, GATT. He noted that on January 1, 1995, the agreement came into force with a mission to regulate international trades in goods, services and intellectual property between participating countries, by providing a framework for negotiating trade agreements and a dispute resolution process, aimed at enforcing the adherence of participants to their agreements.

“The chairman of the General Council of the WTO has announced the commencement of the process to replace the outgoing Director-General, Roberto Azevedo, with the opening date for nomination set at 8th June 2020 and closing date for 8th July 2020.

“A distinguished Nigerian, two-time Minister of Finance, one-time Minister of Foreign Affairs and former Managing Director of the World Bank, Dr Ngozi Okonjo-lweala, has been formally nominated by the Federal Republic of Nigeria to vie for the exalted position of the Director-General of the WTO for the period of 2021-2025, and if successful, will be the first female and first African to have occupied the office.

ALSO READ THIS:

10th NASS leadership: Nwoko makes strong statement, wants senate presidency zoned to South East

Female Lawyer’s Death: Reps move to ban Police Officers from taking alcohol,hard drug substances

Fuel scarcity: Reps enjoin NNPC to end artificial petrol scarcity, give deadline

“President Buhari, having put into consideration her outstanding academic and professional background as well as her long years of managerial experience at the top echelons of multilateral institutions, her reputation as a fearless reformer and excellent negotiator, graciously endorsed her as the nation’s candidate for the WTO job.

“COVID-19 pandemic at hand and many countries faced with difficult choices and critical moments, the WTO has a vital role to play in hunting for trade solutions and building trust amongst member states, hence the need for a capable hand that can make the WTO fit to thrive for the 21st century.  There is no gainsaying therefore, that Dr Ngozi Okonjo-Iweala has the requisite capacity and experience to handle the challenges of WTO at this critical moment.

“Concerned that Africa, aside Dr Iweala, has two other candidates from Egypt and Kenya, entering the race with three candidates from the continent will split Africa’s votes, which may spell doom for the very bright chances of Dr Iweala, therefore the urgent need to reach out to the governments of Egypt and Kenya on the need to step down their candidates.

“Recall that in 2015, Nigeria and Kenya established a joint commission for cooperation; also recall how Nigeria in the past strongly supported the candidature of late Boutros Boutros Ghali, an Egyptian national, to become the Secretary General of the United Nations. This is a good time to implement the cooperation and reciprocate the past gesture by both nations respectively.

“Having a Nigerian as the Director General of the World Trade Organization will further enhance the image of the country amongst the committee of Nations, hence the need to massively support this bid,” Hon Ndudi Elumelu stated.

The motion which was unanimously adopted was seconded simultaneously by Hon. Prince Cornelius Nnaji, representing Enugu/Isi-Uzo Federal Constituency and Hon Babajimi Benson, representing Ikorodu Federal Constituency

Tags: ElulmeluHouse of RepsIwealaWTO
ShareTweetShareSend
Previous Post

Okowa reacts to Supreme court victory of Bayelsa governor

Next Post

Scandal: Onuesoke makes TWO big demands from Buhari as financial recklessness tears NDDC apart

Related Posts

Finally, NNPC fixes new pump price for petrol as Tinubu yanks off fuel subsidy (See prices per state)
Economy

Finally, NNPC fixes new pump price for petrol as Tinubu yanks off fuel subsidy (See prices per state)

May 31, 2023
Day one @ work: Governor Oborevwori takes first strong decision, issues stern warning
Economy

Day one @ work: Governor Oborevwori takes first strong decision, issues stern warning

May 30, 2023
Buhari’s gov’t owes NNPC N2.8 trillion subsidy fees
Economy

Buhari’s gov’t owes NNPC N2.8 trillion subsidy fees

May 30, 2023
Senate approves N1.4Trillion for NDDC budget
Economy

Senate approves N1.4Trillion for NDDC budget

May 30, 2023
Newly sworn in president, BolaTinubu, takes first decision on Nigeria’s economy
Economy

Nigerians x-ray Tinubu’s inaugural pronouncements, express mixed feelings as administration kicks off

May 30, 2023
Fuel stations shut down operations few hours after Tinubu’s announcement of subsidy removal
Economy

Fuel stations shut down operations few hours after Tinubu’s announcement of subsidy removal

May 29, 2023
Load More
Next Post
SPECIAL REPORT: How Niger Delta leaders plundered N15trillion budgeted for NDDC in 20 years (Infograph)

Scandal: Onuesoke makes TWO big demands from Buhari as financial recklessness tears NDDC apart

Leave a Reply Cancel reply

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

This site uses Akismet to reduce spam. Learn how your comment data is processed.

ADVERTISEMENT

LATEST

Finally, NNPC fixes new pump price for petrol as Tinubu yanks off fuel subsidy (See prices per state)

Finally, NNPC fixes new pump price for petrol as Tinubu yanks off fuel subsidy (See prices per state)

May 31, 2023
Senator advocates that EFCC should be shut down, gives reasons

Senator advocates that EFCC should be shut down, gives reasons

May 31, 2023
CDHR president, Taiga, sets agenda for Governor Oborevwori, sends strong message to aggrieved Deltans

CDHR president, Taiga, sets agenda for Governor Oborevwori, sends strong message to aggrieved Deltans

May 31, 2023
May 29: Nigerians express diverse opinions over swearing in Tinubu amidst weighty court cases

Tribunal: Obi begins hitting Tinubu hard as counsel tenders US judgment indicting Nigeria’s president of drug deal

May 30, 2023
Newly sworn in president, BolaTinubu, takes first decision on Nigeria’s economy

Tinubu angry with DSS operatives, issues strong directive to officials

May 30, 2023
Day one @ work: Governor Oborevwori takes first strong decision, issues stern warning

Day one @ work: Governor Oborevwori takes first strong decision, issues stern warning

May 30, 2023
Buhari’s gov’t owes NNPC N2.8 trillion subsidy fees

Buhari’s gov’t owes NNPC N2.8 trillion subsidy fees

May 30, 2023
Okowa finally opens up, reveals big reason he blocked Edevbie from becoming governor

Okowa finally opens up, reveals big reason he blocked Edevbie from becoming governor

May 30, 2023
Senate approves N1.4Trillion for NDDC budget

Senate approves N1.4Trillion for NDDC budget

May 30, 2023
Delta nurses congratulate Oborevwori on successful inauguration, says his govt will build greater Delta for all

Delta nurses congratulate Oborevwori on successful inauguration, says his govt will build greater Delta for all

May 30, 2023
ADVERTISEMENT

TRENDING

  • Hon. Guwor congratulates Oborevwori on swearing in as new Delta governor

    BREAKING: Delta governor, Oborevwori makes first appointment

    0 shares
    Share 0 Tweet 0
  • Okowa finally opens up, reveals big reason he blocked Edevbie from becoming governor

    0 shares
    Share 0 Tweet 0
  • FG declares another public holiday for Nigerians, check date

    0 shares
    Share 0 Tweet 0
  • Newly sworn in governor fires all govt appointees, revokes sold properties, set to probe outgone governor

    0 shares
    Share 0 Tweet 0
  • JUST IN: Tinubu’s wife Oluremi reveals husband’s real age, says she’ll be oldest first lady in Nigeria

    0 shares
    Share 0 Tweet 0
  • Buhari’s wife leaving Aso Rock unhappy, and here’s why

    0 shares
    Share 0 Tweet 0
  • Governor dissolves state executive council, sacks all appointees 6 days to inauguration of new administration

    0 shares
    Share 0 Tweet 0
  • Newly sworn in Governor, Oborevwori makes 10 promises to Deltans (See full speech)

    0 shares
    Share 0 Tweet 0
  • Shettima reveals 2 important decisions Tinubu will take when he assumes office on Monday

    0 shares
    Share 0 Tweet 0
  • Obi sends strong message to all Obidients, other Nigerians ahead of presidential inauguration on Monday

    0 shares
    Share 0 Tweet 0
ADVERTISEMENT
Facebook Twitter

GET IN TOUCH

Editor
Phone No: 0806 374 4656
Email: greataustin@yahoo.com

Lagos Correspondent
Phone No: 0802 381 8504
Email: taiwookuwobi@gmail.com


CATEGORIES

  • Crime (1,179)
  • Economy (832)
  • Education (438)
  • Entertainment (94)
  • Health (480)
  • Inside Delta (888)
  • News (740)
  • Niger Delta (31)
  • Politics (3,105)
  • Relationship (312)
  • Special Report (1,300)

© Emerald News - A Publication of Emerald Media Group Since 2017

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

© Emerald News - A Publication of Emerald Media Group Since 2017

This website uses cookies. By continuing to use this website you are giving consent to cookies being used. Visit our Privacy and Cookie Policy.