November 29, (THEWILL) – Former Nigeria’s Minister of Finance, Ngozi Okonjo-Iweala, has been reappointed for a second term as Director-General of the World Trade Organisation (WTO).
“Breaking: The General Council has appointed Director-General @NOIweala for a second term, effective 1 September 2025. More details to follow”, WTO announced Friday, via its verified X account.
Her first term began in March 2021, and her second term is set to start on 1 September 2025.
Okonjo-Iweala, 70, is the first woman and first African to lead the Organisation. WTO confirmed that its 166 member states unanimously agreed to extend her leadership, a decision finalised in a closed-door session of the WTO’s General Council.
Ambassador Petter Ølberg of Norway, Chair of the General Council, confirmed that no other nominations were submitted by the 8 November deadline.
Accepting the appointment, Dr Okonjo-Iweala reaffirmed her commitment to working alongside the talented and dedicated staff of the WTO to build a more inclusive, equitable, and rules-based multilateral trading system that benefits all
She said, “I am deeply honoured by the trust and support of the WTO General Council and its 166 Members. It is a privilege to continue serving as Director-General for a second four-year term.
“In recent years, the WTO has played a vital role in helping Members navigate pressing global challenges, including the pandemic, conflict, and heightened geopolitical tensions. I commend Members for their hard work and determination in achieving progress despite unprecedented levels of uncertainty and rapid economic shifts.
“As we look ahead, I remain firmly committed to delivering results that matter—results that ultimately improve the lives of people around the world. By promoting trade as a driver of economic growth and resilience, the WTO will continue to provide a collaborative platform for Members to address shared global challenges.
“I am deeply committed to working alongside the talented and dedicated staff of the WTO to build a more inclusive, equitable, and rules-based multilateral trading system that benefits all.”
Felix Ifijeh is a journalist with years of professional reporting experience. Known for his keen news sense, compelling storytelling and commitment to accurate, impactful reporting, he has built a reputation for turning leads into clear, engaging, and well-structured reports that resonate with readers. His work reflects deep newsroom experience and a commitment to accurate, impactful journalism.
