The Director-General of the World Trade Organisation (WTO), Ngozi Okonjo-Iweala, will seek a second four-year term in office next year.

The Nigerian ex-finance minister’s tenure expires in August 2025.

Okonjo-Iweala, the first woman and African to head the WTO, was chosen by member countries of the Geneva, Switzerland-based organisation on February 15, 2021.

The 70-year-old assumed office in March of the same year.

READ ALSO: Okonjo-Iweala discusses WTO’s plans to alleviate Nigerians’ sufferings

Okonjo-Iweala’s spokesman, Ismaila Dieng, confirmed the development in a statement on Monday.

He said his principal had taken into account “the overwhelming and broad-based support expressed by WTO’s 166 members.

The spokesman added that Okonjo-Iweala’s decision to seek another term has been officially communicated to WTO chairman, Amb. Petter Olberg from Norway.

“We can confirm that Dr. Ngozi Okonjo-Iweala has officially announced her intention to seek a second term as Director-General of the WTO,” the statement read.

The post Okonjo-Iweala to vie for second term as WTO DG appeared first on Latest Nigeria News | Top Stories from Naomisophyblog.