Okonjo Iweala has been named WTO's DG on Monday, the first female and African in history to achieve the feat.
Akpan Ekpo, a former Director at the Central Bank of Nigeria, has said Nigeria and Africa have much to gain from the appointment of her former finance minister, Ngozi Okonjo-Iweala, as the new Director General of the World Trade Organisation. He further highlighted that the DG is not only for Nigerians and Africans but for the whole world.
Speaking on Tuesday, Ekpo, a professor of economics and public policy, hailed the achievement, but however said Nigeria can only obtain the benefits if she (Nigeria) can abide by WTO rules and consult the DG on issues involving global trade.
In an interview he said, “Okonjo-Iweala is very well qualified for the job. I am glad she was appointed as WTO DG, first woman, first African and as expected, she will look out for the interest of Africa and Nigeria but it depends on how best Africa and Nigeria will use her so that we will get a good deal in the WTO arrangement".
He went on to say that WTO is a global institution but definitely, she will have some sentiments for Africa and Nigeria, depending on how best we can optimise her position as DG for Africa and Nigeria.
He added that for her to do her job well, we should make sure we don’t violate the rules of the WTO and consult her when there are issues involved in global trade.
Reviewed by Apeh Matthew
on
February 17, 2021
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