BREAKING: Okonjo-Iweala elected as WTO DG

Ngozi Okonjo-Iweala, Nigeria’s nominee for the office of the director-general of the World Trade Organisation (WTO), has emerged winner of the highly competitive race.

She was Nigeria’s minister of Finance during the administrations of Olusegun Obasanjo and Goodluck Jonathan.

The former minister polled 104 votes from 164 member countries to defeat her South Korea’s trade minister opponent, Yoo Myung-hee, at the final stage of the race.

She has broken many records, including becoming the first African to occupy win that office at the WTO.

She has experience working at international governance bodies as a former managing director of the World Bank and as a chairman at the Global Alliance for Vaccines and Immunization.

Okonjo-Iweala’s success as WTO DG makes her the first female director-general of the international body in its 25-year history.

The body is expected to announce her as the new DG by 3pm Nigerian time.

Details later…

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