
Nigeria’s former Finance Minister, Dr Ngozi Okonjo-Iweala has emerged as the new Director General of the World Trade Organisation, WTO.
According to sources from the European Union, she emerged victorious in the contest over her South Korean contestant Ms Yoo Myung-hee, by a wide margin.
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Okonjo-Iweala’s victory is expected to be announced formally by the WTO later today.
The former minister according to TheCable, polled 104 votes from 164 member countries to defeat her South Korea’s trade minister opponent, at the final stage of the race.
She has broken many records, including becoming the first African and first woman to occupy that office at the WTO.
More details later:
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