Shamseldeen Babatunde Ogunjimi

Tinubu Appoints Ogunjumi Acting Accountant General as Madein Retires

By Adedapo Adesanya

The General Council of the World Trade Organisation (WTO) has reappointed its Director-General, Mrs Ngozi Okonjo-Iweala, for a second term, effectiveย  September 1, 2025.

On October 8, the WTO formally commenced the process for appointing its next Director-General, with members given until the 8th of November to submit nominations.

She was elected unopposed after no candidates stepped forward for the position of Director-General had emerged by the nomination deadline, other than the incumbent Director-General.

DG Okonjo-Iwealaโ€™s current term comes to an end on August 31, 2025.

She first assumed office as Director-General on March 1 2021, becoming the first woman and first African to lead the WTO.

Her reappointment comes after a special formal meeting of the General Council which started on Thursday, November 28 and culminated on Friday.

The first day of the General Council meeting saw members hear a presentation from Mrs Okonjo-Iweala on her vision for the WTO, followed by a question-and-answer session.

The second day then provided an opportunity for members to decide on the appointment of the next Director-General, to which they gave the Nigerian former finance minister another four years at the helm of affairs.

Speaking on her achievement, the Chairman of the trade bodyโ€™s council, Ambassador Petter ร˜lberg of Norway praised her achievements, stating: โ€œThe General Council commends Dr. Ngozi Okonjo-Iweala for her outstanding leadership during her first term. Amid significant global economic challenges, she strengthened the WTOโ€™s ability to support its members and set a forward-looking agenda for the organization.

โ€œHer leadership was instrumental in securing meaningful outcomes at pivotal moments, including the 12th and 13th Ministerial Conferences (MC12 and MC13), where major milestones were achieved.โ€

โ€œAs we look ahead, the Council fully supports Dr Okonjo-Iwealaโ€™s commitment to ensuring that the WTO remains responsive, inclusive, and results-driven. Her leadership will be critical as the organization continues to advance a resilient, rules-based, and equitable global trading system.โ€