President Muhammadu Buhari has approved the nomination of a former Coordinating Minister for the Economy, Ngozi Okonjo-Iweala, for the position of director-general of the World Trade Organisation.
TheCable reported on Thursday that Buhari withdrew the candidacy of Yonov Agah, Nigeria’s permanent representative to WTO, for the same position. An official memo to that effect was quoted as saying:
“The embassy of the Federal Republic of Nigeria and permanent mission to the African Union and United Nations Economic Commission for Africa present compliments to all embassies and permanent missions in Addis Ababa and has the honour to inform that the Federal Government of Nigeria has withdrawn the candidacy of Ambassador Yonov Frederick Agah for election to the position of director-general of the World Trade Organisation.
“Nigeria is therefore pleased to request the support of esteemed AU member states as well as permanent missions and embassies in Addis Ababa in favour of the candidacy of Okonjo-Iweala.”
The election is scheduled to hold in Geneva, Switzerland in 2021 for a four-year term that would run from 2021 to 2025.
CBN Increases Benchmark Interest Rate To 27.50% To Tackle Inflation
At Last, Port Harcourt Refinery Begins Crude Oil Processing
Nigeria’s GDP Grows By 3.46% In Q3 2024, Driven By Services Sector
Tinubu Seeks ₦1.77 Trillion Loan To Fund 2024 Budget Deficit