BREAKING: Ngozi Okonjo-Iweala proposed as new DG of WTO

Nigeria’s former Finance Minister, Dr. Ngozi Okonji-Iweala, is proposed to emerge the new Director-General of the World Trade Organisation (WTO).

According to media reports, sources from the European Union said she got the nod for the job ahead of her South Korean rival, Ms. Yoo Myung-hee, by a wide margin.

Okonjo-Iweala’s victory is expected to be announced formally by the WTO later today.

Details later…