Just In: Finally, Okonjo-Iweala elected WTO DG

Okonjo-Iweala appointed as WTO DG

After a long race, Ngozi Okonjo-Iweala, Nigeria’s nominee for the office of the director-general of the World Trade Organisation (WTO), has emerged winner of the highly competitive office.

Business Metrics can report that Okonjo-Iweala was chosen as the final candidate, between her only contender at the final stage.

It was gathered that the Nigeria’s earstwhile finance minister polled 104 votes from 164 member countries to defeat South Korea’s trade minister at the final stage of the race.

This victory sets two record for the WTO as Madam Iweala became the first African to occupy the office as well as the first female ever to become director-general of the WTO.

The official announcement is expected to be made by the WTO at 3pm Nigerian time today, Wednesday.

More details coming…