By Johnbosco Agbakwuru
The Presidency on Friday confirmed the nomination of the previous Minister of Finance and Coordinating Minister of the economic system, Ngozi Okonjo Iweala, by President Muhammadu Buhari for the place of Director-General of the World Trade Organization, WTO.
The Senior Special Assistant to the President on Digital and New Media, Tolu Ogunlesi, had disclosed this in his Twitter deal with on Friday morning.
Ogunlesi mentioned that the present Director-General of the intergovernmental group, Roberto Azevedo, will probably be stepping down from his place on August 2020, a 12 months forward of the top of his tenure.
According to him, “President Muhammadu Buhari has nominated Okonji-Iweala as Nigeria’s candidate for the position of the Director-General of World Trade Organization. DG Azevedo is stepping down in August 2020, a year earlier, so the election of the new DG, originally scheduled for 2021, may take place much earlier”.
Azevedo, has been the top of the WTO since 2013.
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He is stepping down at this essential interval of worldwide financial disaster and the commerce battle between the United States of America and China.
The WTO head mentioned that is the easiest way to keep away from any chaos on the alliance, which has witnessed assaults from US President, Donald Trump.
This implies that the election that was earlier scheduled for 2021 when his tenure was purported to expire could be arising a lot earlier for a brand new four-year time period.
A member of the Presidential media crew advised Vanguard, “It is true President Buhari has nominated Dr Okonjo-Iweala as Nigeria’s candidate for the position of Director-General of the World Trade Organization, WTO.”
Vanguard News Nigeria.