Connect with us

Headlines

WTO: Okonjo-Iweala Now Sole Contestant As Rival Withdraws

Published

on

Nigeria’s former Minister of Finance, Ngozi Okonjo-Iweala’s chances of securing the Director-General of the World Trade Organisation (WTO) brightened yesterday as South Korea withdrew its candidate, Yoo Myung-hee, from the race.

Washington Trade Daily quoted sources as saying that South Korea had notified the United States (U.S.) government of its decision and would make the decision public in the days ahead.

The implication of this decision by South Korea is that Okonjo-Iweala now stands a better chance of being announced as Director-G of the World trade body.

“Washington refused to accept the recommendation of the selection panel headed by General Council Chair, Ambassador David Walker that Okonjo-Iweala is the most likely candidate of the two to attract consensus.

“This is because she had the largest support of members of the panel at the final round and clearly enjoyed broad support from members from all levels and geographic regions and had done so throughout the process,” it stated.

The report added that South Korea’s Yoo Myung-hee could not garner enough support from members of all levels of development; the developed, developing and least developing countries, as well as geographically compared to the ‘largest’ support received by Okonjo-Iweala.

Recall that Myung-hee, South Korea’s candidate and Okonjo-Iweala were the two finalists for the Director-General of the WTO, whose winner would break record as the first female Director-General of the organisation.

However, Okonjo-Iweala’s candidacy suffered temporary setback on October 28, 2020 due to U.S. government’s opposition, but indications have emerged that the U.S. might change its stance following President Donald Trump’s loss in the November 3, 2020 presidential elections.

After the October 28 meeting, the WTO also said Okonjo-Iweala had the best chance of emerging as the consensus candidate.

The November 8, 2020 General Council meeting scheduled to consider the appointment was also postponed and another scheduled for December 17, 2020.

The Guardian

Continue Reading
Advertisement


Click to comment

Leave a Reply

Your email address will not be published. Required fields are marked *

Headlines

England End Norway’s World Cup Dream, Berth in Semi-finals

Published

on

Jude Bellingham scored a dramatic extra-time winner as England overcame an unfortunate Norway to reach the semi-finals of the 2026 World Cup.

Bellingham slid home the winning goal in the first half of extra time after a second Norway goal was ruled out by the VAR for an Erling Haaland foul.

Andreas Schjelderup had given Norway the lead, but Bellingham equalised with a brilliant finish — although England were fortunate the goal stood after the ball struck the Spidercam during the build-up.

England rode their luck at times but will now face either Switzerland or old rivals Argentina as they seek to reach the World Cup final for the first time since 1966.

New York Times

Continue Reading

Headlines

Tinubu, Makinde Express Relief at Rescue of Oyo Kidnapped Pupils, Teachers

Published

on

Oyo State Governor Seyi Makinde has expressed relief and joy over the release of the abducted schoolchildren and teachers in Oriire Local Government Area.

“It is such a big relief for all of us. Right now, I am overjoyed and can hardly say much,” the governor told Channels Television.

President Bola Tinubu has also expressed delight over the successful rescue of abducted children and teachers, commending the military, the DSS, and the Nigeria Police Force for ending their 56-day captivity.

The President said the security operation led to the arrest of eight suspected abductors while several others were neutralised, describing the outcome as a major relief for the victims, their families and the nation.

In a statement issued on Friday by his Special Adviser on Information and Strategy, Bayo Onanuga, Tinubu praised the security agencies for what he described as their tireless efforts in securing the victims’ release.

He also sympathised with the children, teachers and their families over the trauma they endured during the prolonged ordeal

The President further commended the Oyo State Government for its cooperation with the Federal Government throughout the rescue operation and urged the state to strengthen security around schools to prevent similar incidents.

President Tinubu also directed emergency response agencies to work with the Oyo State Government to provide the rescued children and teachers with all necessary medical care and relief support as they recover from the ordeal.

Continue Reading

Headlines

Kidnapped Oyo Pupils, Teachers Rescued

Published

on

The schoolchildren and teachers kidnapped by suspected bandits in Oriire Local Government Area of Oyo State have been rescued after about 56 days in captivity.

According to a statement by presidential spokesperson, Bayo Onanuga, the victims were freed through the efforts of security agencies.

“Finally, all the kidnapped pupils and teachers in Oriire, Oyo State, have been rescued by our security agencies,” Onanuga said.

He disclosed that eight members of the kidnapping gang were arrested during the rescue operation and are now in the custody of the Department of State Services (DSS).

Onanuga said the rescue operation did not involve any exchange or concession to the kidnappers, noting that a notorious gang leader whose release had been demanded by the abductors remains in custody and is being prosecuted for his alleged crimes.

He added that security agencies would provide a full account of the operation soon.

“In the course of the rescue operation, eight of the kidnappers were arrested and are now in DSS custody, while some of them were neutralised. There was no quid pro quo in the rescue, as one of the terrorists, a kingpin whose release was demanded by the kidnappers, is being prosecuted for his atrocities. The security agencies will give full account soon,” he added.

In a video shared alongside the statement, a woman believed to be one of the rescued teachers was seen thanking President Bola Tinubu for securing their release. The schoolchildren were also seen eating biscuits and joining the teacher in chanting, “Thank you, sir,” at the end of her remarks.

“Hello sir, our father, we are grateful. Mr President, sir, we are grateful. We understand your commitment to our safety and we appreciate all you did for us. We could see your hand in this. Thank you very much. Every security operative tried so much, and that is why we are still alive today. We are very grateful to you. Thank you very much,” the teacher said.

Continue Reading