Buhari has withdrawn the candidacy of Yonov Frederick Agah, Nigeria’s permanent representative to the World Trade Organisation and World Trade Organisation’s Deputy Director-General. Thus, the presidency has resolved for Agah to be replaced by the prolific Ngozi Okonjo-Iweala. Okonjo-Iweala served as minister of finance and coordinating minister of the economy under Presidents Olusegun Obasanjo and Goodluck Jonathan.
Roberto Azevedo stepped down from the DG position a year before the end of his second term, in the wake of the global financial crisis caused by the coronavirus pandemic. The election for the office of Director-General of the World Trade Organisation will be held in Geneva, Switzerland in 2021. The winner will head the Organisation for a four-year tenure running from 2021 to 2025.
Due to her remarkable career in global economics and finance, Okonjo-Iweala has recently been on the receiving end of several appointments and responsibilities across borders. The former minister currently chairs the Global Alliance for Vaccines and Immunization (GAVI), a public-private global health partnership to increase access to immunisation in poor countries.
She is also a board member of Twitter and a former Managing Director (operations) of the World Bank.
On March 7, President Cyril Ramaphosa of South Africa appointed her a member of the country’s economic advisory council. A month after, Managing Director of the International Monetary Fund (IMF), Kristalina Georgieva, appointed Okonjo-Iweala as a member of the fund’s external advisory group. Furthermore, she was one of four special envoys appointed by the African Union (AU) to mobilise international support for its coronavirus response effort.
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