Ngozi Okonjo-Iweala insists she’s enjoying WTO job amid talks of resignation ( Full Statement )

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In the midst of speculation about her resignation, WTO Director-General Ngozi Okonjo-Iweala says she is still enjoying her job.

Bloomberg reported on Thursday that the WTO Director-General was considering resigning due to the organization’s “historical inertia.”

Okonjo-Iweala, the seventh Director-General of the World Trade Organization, took office on March 1, 2021, becoming the first woman and the first African to lead the organisation.

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According to Bloomberg, five WTO officials explained that Okonjo-Iweala privately floated the idea of resigning if no progress is made in dealing with/providing solutions to the institution’s critical issues.

According to Bloomberg, “Okonjo-Iweala has repeatedly told ambassadors and staff that she could easily walk away from the job, and she reminds them that she hasn’t bought any furniture for her temporary home in Geneva.”

WTO has previously faced “deep divisions and lack of trust” due to the institution’s “rigid negotiating structure and disparate interests of its diverse membership, which has prevented the organisation from delivering anything substantial for the better part of the past decade,” according to the media firm.

Apart from resigning, officials claim that they believe she (Okonjo-Iweala) is planning to run for President of Nigeria in 2023.

Okonjo-Iweala responded by telling Bloomberg that she has no intention of running for president and that the allegation is “utterly ridiculous and false.”

“I just arrived. I’m having fun with what I’m doing. It’s an exciting job, and I’m hoping to be successful here.”

“The idea of Dr. Ngozi stepping down early would be anathema to the business community,” said John Denton, secretary-general of the International Chamber of Commerce.

“We’ve backed her forward-thinking agenda, and we want her to stick to it.

“We see no reason why she would consider disbanding her team, and she has stated categorically that she is not.”

The term of office of Ngozi Okonjo-Iweala is set to end on August 31, 2025.



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