Nigeria’s former finance minister and Nigeria’s nominee for the office of the director-general of the World Trade Organisation, Ngozi Okonjo Iweala emerged winner today making her the first African and female to attain the position.
The official announcement was made today by the WTO at 3pm Nigerian time.
Dr Iweala was chosen as the final candidate for the much coveted role. She polled 104 votes from 164 member countries to defeat how South Korea’s trade minister Yoo Myung-hee, at the final stage of the race.
The 27 member European Union has supported Dr Okonjo Iweala, in her bid to become the first African to attain the office.
With this win, Okonjo-Iweala has become the first female DG of the WTO in the institution’s 25-year-history.