Tuesday, November 24

Tag: Ngozi Okonjo-Iweala

WTO Postpones Meeting To Pick New DG
News

WTO Postpones Meeting To Pick New DG

The World Trade Organisation (WTO) is postponing a meeting next week where members were to try to pick a new director-general. There is almost no chance of succeeding in picking a new chief after Washington blocked the favoured candidate, Nigeria’s former finance, Ngozi Okonjo-Iweala. The WTO’s 164 member states had been due to gather Monday to choose between two remaining candidates to head the crisis-wracked organisation. But the head of the selection committee, set up to help with the process, told members Friday the meeting would need to be postponed, according to AFP. “It has come to my attention that for reasons including the health situation and current events, delegations will not be in a position to take a formal decision on 9 November,” General Council chair, Davi...
WTO Leadership Race Hits New Hurdle As Geneva Lockdown Returns
Politics

WTO Leadership Race Hits New Hurdle As Geneva Lockdown Returns

The World Trade Organization’s effort to select a new leader next week could be delayed for at least another month because of the rapid spread of Covid-19 in Switzerland. On Sunday Geneva’s cantonal authorities announced strict new lockdown measures amid a surge in infections and hospitalizations in the Swiss city. From Nov. 2 until Nov. 29, the area will prohibit public and private events of more than five people. The development could further disrupt the WTO’s ability to confirm Nigeria’s Ngozi Okonjo-Iweala as the first African and first woman to lead the organization in its 25-year history. While some in-person meetings may become virtual, senior WTO officials are discussing whether to postpone their plan to make a formal decision on Okonjo-Iweala’s appointment at a genera...
Okonjo-Iweala: Buhari Had Video Conference With Charles Michel Of EU Council
Politics

Okonjo-Iweala: Buhari Had Video Conference With Charles Michel Of EU Council

President Muhammadu Buhari Friday held a video conference with Mr Charles Michel, President of the European Council, during which the latter reiterated Europe’s support for Nigeria’s Dr Ngozi Okonjo-Iweala as the next Director-General of the World Trade Organisation (WTO). The President is leading Nigeria’s charge for Okonjo-Iweala, the country’s former Minister of Finance, to emerge as the first Black and female WTO DG. President Buhari thanked the European Council for its support for Nigeria’s candidate. Also discussed during the conference were issues bordering on debt relief for Africa, EU-African relations and recharge of the Lake Chad, which has currently shrunk to less than one-third of its usual size, and throwing about 130 million people who depend on the Lake into di...
#WTO-DG: ‘Despite Hiccups, We Are Keeping The Positivity Going’ – Okonjo-Iweala
Politics

#WTO-DG: ‘Despite Hiccups, We Are Keeping The Positivity Going’ – Okonjo-Iweala

#WTO-DG hopeful, Ngozi Okonjo-Iweala has reacted to the US seeming desire to back her opponent, Myung-Hee, despite enjoying broad support from members. Happy for the success & continued progress of our @wto DG bid. Very humbled to be declared the candidate with the largest, broadest support among members & most likely to attract consensus. We move on to the next step on Nov 9, despite hiccups. We're keeping the positivity going!
Why We Oppose Okonjo-iweala’s Election As WTO DG – US
Politics

Why We Oppose Okonjo-iweala’s Election As WTO DG – US

The United States has explained why it is against the election of Ngozi Okonjo-Iweala as the next director-general of the World Trade Organisation (WTO). In a statement issued by the office of the US trade representative on Wednesday, the world power said the WTO is in dire need of reform and must be “led by someone with real, hands-on experience in the field”. “The United States supports the selection of Korean Trade Minister Yoo Myung-hee as the next WTO Director-General,” the USTR, led by Robert Lighthizer (pictured above), said. “Minister Yoo is a bona fide trade expert who has distinguished herself during a 25-year career as a successful trade negotiator and trade policy maker. She has all the skills necessary to be an effective leader of the organization. “This is a v...
WTO-DG: Okonjo-Iweala Suggested As New WTO Chief, But US Vetoes
News

WTO-DG: Okonjo-Iweala Suggested As New WTO Chief, But US Vetoes

US says it will continue to back South Korean candidate. The World Trade Organization’s General Council Chair David Walker said Wednesday that Nigeria’s Ngozi Okonjo-Iweala had garnered the most support among WTO members to become the next global trade chief, a WTO spokesperson said. The United States said, however, it could not support the candidacy of Okonjo-Iweala and said it would continue to back the South Korean candidate Yoo Myung-hee. Walker and his colleagues have finished a long process of consultations, where each member could indicate their preference. Walker told WTO ambassadors Wednesday that Okonjo-Iweala, and not Yoo, was most likely to secure a consensus among the membership, which is needed to select the next chief of the global trade organization. However, ...
United States Not Supporting Okonjo-Iweala’s WTO Candidacy Despite American Citizenship
Politics

United States Not Supporting Okonjo-Iweala’s WTO Candidacy Despite American Citizenship

The United States of America might not be endorsing Ngozi Okonjo-Iweala’s candidacy to lead the World Trade Organisation. This comes as a setback for Okonjo-Iweala despite obtaining American citizenship in 2019, thereby becoming a dual citizen of Nigeria and the US. Meanwhile, the European Union has maintained its support for Okonjo-Iweala to become the Director-General of the WTO. Experts now believe that the EU and US, who have historically agreed on decisions like these, may clash. A top official privy to the candidacies race informed SaharaReporters that Okonjo-Iweala’s opponent, Yoo Myung-Hee of South Korea, has the upper hand to receive the backing of the United States. While the backing is yet to be made official, the source affirmed that President of the US, Dona...
WTO-DG: France, Germany, 104 Other Countries Back Okonjo-Iweala
World

WTO-DG: France, Germany, 104 Other Countries Back Okonjo-Iweala

The 27 European Union member states have backed Nigeria’s former finance minister, Ngozi Okonjo-Iweala, in her bid to become the first African and first female director-general of the World Trade Organisation. The EU member states are France, Germany, Austria, Belgium, Bulgaria, Croatia, Cyprus, Czech, Denmark, Estonia, Finland, Greece, Hungary, Ireland, Italy, Latvia, Lithuania, Luxembourg, Malta, Netherlands, Poland, Portugal, Romania, Slovakia, Slovenia, Spain, and Sweden. The latest support for Okonjo-Iweala’s candidacy brings the number of countries officially endorsing her to 106 out of the 164 states that comprise the WTO. The 55-member African Union had earlier officially supported the former World Bank director over her sole remaining opponent, Yoo Myung-hee of South ...
Okonjo-Iweala Vs Yoo Myung-Hee: WTO Leadership Down To The Final 2 Candidates
News

Okonjo-Iweala Vs Yoo Myung-Hee: WTO Leadership Down To The Final 2 Candidates

World Trade Organization members selected two final candidates -- Nigeria’s Ngozi Okonjo-Iweala and South Korea’s Yoo Myung-hee -- to advance to the final round in the race to lead the Geneva-based trade body, according to people familiar with the matter. By advancing two women to the final round of the selection process, the WTO will likely have the first female director general in its 25-year history. Okonjo-Iweala served two stints as Nigeria’s finance minister and one term as foreign affairs minister. She has experience working at international international governance bodies as a former managing director of the World Bank and as a chairman at the Global Alliance for Vaccines and Immunization. Yoo is South Korea’s trade minister. During her 25-year career in government, ...
European Union Backs Okonjo-Iweala For WTO Job – Bloomberg
Entertainment

European Union Backs Okonjo-Iweala For WTO Job – Bloomberg

European Union governments will support the Nigerian and South Korean candidates to lead the World Trade Organization as the race enters its final month. EU member-country envoys agreed on Monday in Brussels to endorse Ngozi Okonjo-Iweala, Nigeria’s former finance minister, and Yoo Myung-hee, South Korea’s trade chief, in their bids to become WTO director-general, according to an official familiar with the matter. Hungary swung behind the planned recommendation after being the only EU country to withhold support at a lower-level meeting last Friday of officials representing the 27-nation bloc, the person said on the condition of anonymity because the deliberations were confidential. Five candidates are still in the running to the lead the WTO. It plans to announce two finalists ...
Okonjo-Iweala Is Favourite As WTO Narrows Aspirants To 2 Tuesday
Politics

Okonjo-Iweala Is Favourite As WTO Narrows Aspirants To 2 Tuesday

Nigeria’s former finance minister, Ngozi Okonjo-Iweala remains the favourite for the job of director-general of the World Trade Organisation as the body’s General Council meets next Tuesday to reduce the five candidates still in the race to two. Okonjo-Iweala; Saudi Arabia’s former minister of economy and planning, Mohammad Maziad Al-Tuwaijri; UK’s former secretary of state for international trade, Liam Fox; South Korea’s Trade Minister, Yoo Myung-hee; and Kenya’s former international trade minister, Amina Mohamed are the aspirants still in the race. Three candidates, including Mexico’s Jesus Seade, Egypt’s Hamid Mamdouh, and Moldova’s Tudor Ulianovschi were dropped last month as the Geneva-based organisation said they did not secure enough support in a first of three rounds of v...
Ngozi Okonjo-Iweala Takes Up American Citizenship
Politics

Ngozi Okonjo-Iweala Takes Up American Citizenship

Former Minister of Finance, Dr. Ngozi Okonjo-Iweala, has taken American citizenship. This is coming after more than 30 years after the former two-time minister studied in the United States. Bloomberg reports that Okonjo-Iweala actually took US citizenship in 2019 as she fought for the position of the director-general of the World Trade Organisation (WTO). According to Bloomberg, most of the candidates battling for the position with the Nigerian boast of dual citizenship, which experts believe may boost their chances at getting the much-coveted job. The other candidates for the position, such as Jesús Seade Kuri, is Mexican and Lebanese. Also, Amina Mohamed, a Kenyan minister, is also Somali and Abdel-Hamid Mamdouh is both Swiss and Egyptian. Nigeria’s former finance minis...
ECOWAS Endorses Ngozi Okonjo-Iweala For WTO DG Job
News

ECOWAS Endorses Ngozi Okonjo-Iweala For WTO DG Job

The Economic Community of West African States (ECOWAS) has endorsed Ngozi Okonjo-Iweala for the position of director-general of the World Trade Organisation (WTO). This is contained in a document signed by Mahamadou Issoufou, ECOWAS president, and seen by TheCable on Friday. On June 4, President Muhammadu Buhari approved the nomination of Okonjo-Iweala, former coordinating minister for the economy, for the top WTO job. ECOWAS called on other African countries to back Okonjo-Iweala, who Issoufou referred to as a “fearless reformer”.
No Rules Against Substitution — Nigeria Defends Okonjo-Iweala’s WTO Nomination
News

No Rules Against Substitution — Nigeria Defends Okonjo-Iweala’s WTO Nomination

The Nigerian government has fired back at the African Union over its rejection of the nomination of Ngozi Okonjo-Iweala to contest for the office of the director-general of the World Trade Organisation. LIB reported earlier that the AU’s office of legal counsel had rejected the former Minister's nomination of grounds of coming after the November 30 deadline set by the ministerial committee on candidature for member countries to present their candidates. The Nigerian government in a Note Verbale which served as response to AU's stance on the nomination, insisted that they did not violate any law as it was a replacement of a previously presented candidate (Yonov Agah) and not a fresh nomination. It read in part;   "The permanent mission of the Federal Republic of Nigeri...
African Union Disqualifies Okonjo-iweala From Vying For WTO Director
Politics

African Union Disqualifies Okonjo-iweala From Vying For WTO Director

The African Union has disqualified Dr Ngozi Okonjo-Iweala from vying for the office of the Director General of the World Trade Organisation. In July 2019, the Executive Council of the AU invited member states to present nominations into the office of the DG of the WTO so that the AU would agree on a consensus candidature. Nigeria initially nominated Fedrick Agah while Benin and Egypt fielded Messrs Eloi Laourou and Abdulhameed Mamdouh respectively. On June 4, 2020, Nigeria withdrew the nomination of Fedrick Agah and replaced him with Okonjo-Iweala. However, in a document from the Office of the Legal Counsel of the African Union, Reference Number: BC/OLC/24/5056.20 dated June 15, 2020 and sighted by SaharaReporters, the African Union says the nomination of Okonjo-Iweala viol...
WTO accepts Okonjo-Iweala’s nomination as DG, ignores Egypt’s protest
News

WTO accepts Okonjo-Iweala’s nomination as DG, ignores Egypt’s protest

The World Trade Organisation (WTO) has accepted the nomination of Ngozi Okonjo-Iweala for the position of its director general, in spite of a protest by Egypt.   The Egyptian government which nominated Mr. Abdel-Hamid Mamdouh for the same position, had opposed Okonjo-Iweala’s nomination on grounds of it being belated. The North African country told African Union not to recognize her nomination, as members of AU had been directed to nominate candidates for the director general position since November 30, 2019. The request to substitute Nigeria's Yonok Frederick Agah with Okonjo-Iweala was made on June 4, 2020.   The WTO however said in a statement released on Tuesday June 9, that nominations are still open till July 8, 2020.   The Geneva-based global trad...
World Trade Organisation Accepts Okonjo-Iweala’s Nomination For DG
News

World Trade Organisation Accepts Okonjo-Iweala’s Nomination For DG

The World Trade Organisation (WTO) has accepted the nomination of Ngozi Okonjo-Iweala as one of the candidates for the office of the director-general of the organisation. “Nigeria, on 9 June 2020, nominated Dr Ngozi Okonjo-Iweala for the post of WTO Director-General to succeed the current Director-General, Mr Roberto Azevêdo, who has announced he will step down on 31 August 2020,” the organisation said on its website. When President Muhammadu Buhari endorsed Ngozi Okonjo-Iweala for the World Trade Organisation (WTO) top job, Egypt went on the offensive. Egypt argued that the executive decision of the African Union (AU) which had set a deadline of November 30, 2019 for African countries to nominate candidates had been violated. They claimed Iweala’s nomination was late and s...
Egypt Wants Okonjo-Iweala Disqualified From World Trade Organisation DG Job
News

Egypt Wants Okonjo-Iweala Disqualified From World Trade Organisation DG Job

Egypt has requested that Ngozi Okonjo-Iweala’s nomination to contest for the office of the director-general of the World Trade Organisation (WTO) should not be recognised. It said member states of the African Union (AU) had been required to nominate candidates for the director-general position by November 30, 2019 — over five months ago. MCI had reported on Thursday that President Muhammadu Buhari approved Okonjo-Iweala’s nomination to contest for the position and withdrew the candidacy of Yonov Frederick Agah, Nigeria’s permanent representative to WTO. In a letter to the candidature committee on Friday, the permanent mission of the Arab Republic of Egypt to the AU said the Office of Legal Consent opined that Nigeria’s nomination of a new candidate “is not in conformity with t...
President Buhari Nominates Okonjo-iweala For World Trade Organization DG Post
Politics

President Buhari Nominates Okonjo-iweala For World Trade Organization DG Post

President Muhammadu Buhari has approved the nomination of Ngozi Okonjo Iweala, former coordinating minister for the economy, for the position of director-general of the World Trade Organisation (WTO). In a document seen by MCI on Thursday, Buhari withdrew the candidacy of Yonov Frederick Agah, Nigeria’s permanent representative to WTO, for the same position. The election is scheduled to hold in Geneva, Switzerland in 2021 for a four-year term that would run from 2021 to 2025 after Roberto Azevedo, former director-general of the organisation stepped down a year to the end of his second term. “The embassy of the Federal Republic of Nigeria and permanent mission to the African Union (AU) and United Nations Economic Commission for Africa (UNECA) presents compliments to all embassies a...
Ngozi Okonjo-Iweala Gets New IMF Appointment
Politics

Ngozi Okonjo-Iweala Gets New IMF Appointment

Nigeria’s former finance minister, Ngozi Okonjo-Iweala, was on Friday named a member of the External Advisory Group constituted by the Managing Director of the International Monetary Fund (IMF), Kristalina Georgieva. The group of prominent individuals from around the world are to serve as the IMF chief’s special advisers that would provide insights to enhance the fund’s ability to serve its membership. They consist mainly of high-level technocrats and policy experts with private sector experience. The new external advisory group, inaugurated on Friday in Washington DC, is to also provide perspectives from around the globe on key developments and policy issues. The issues include responses to the exceptional challenges the world now faces due to the novel coronavirus and its...
African Countries Need To Quickly Ask For Debt Relief Over Coronavirus – Ngozi Okonjo-Iweala
Politics

African Countries Need To Quickly Ask For Debt Relief Over Coronavirus – Ngozi Okonjo-Iweala

Former minister of finance, Ngozi Okonjo-Iweala has advised Nigeria and other African countries to quickly pressure the G7 and G20 for debt-relief in order to deal with the economic and health issues arising from the novel Coronavirus. The economic expert who played a huge role in getting Nigeria an $18 billion debt-relief as minister of finance, stated a debt relief will aid in getting resources to tackle the spread of Coronavirus. Okonjo-Iweala averred that the money owed by some African countries can be channeled towards dealing with Coronavirus. She told BBC; “You know we have several sources, you’ve got the African Development Bank, which has just floated a social bond for $3 billion that will be available to the countries on the continent,” she said. “You have the ...
Ngozi Okonjo-Iweala Expresses Worry For Africa, Says Its Window For Containment Of Coronavirus Is Narrowing
Politics

Ngozi Okonjo-Iweala Expresses Worry For Africa, Says Its Window For Containment Of Coronavirus Is Narrowing

Nigeria’s former Coordinating Minister for the Economy, Ngozi Okonjo-Iweala has expressed worry over increased cases of coronavirus recorded across Africa in the last few days. In a tweet she shared, Ngozi Okonjo-Iweala stated that Africa’s window for containing the virus is narrowing. She also expressed dismay over people congregating in mosques and churches in spite of over 4,106 coronavirus cases and 124 deaths recorded in 46 countries across the continent. Okonjo-Iweala tweeted; #COVID19 Africa’s window for containment is narrowing! As of March 28, there are 4,106 cases in 46 countries with 124 deaths. Still too many reports and videos of people gathering in churches, mosques and markets. Spread the word! Don’t congregate. Save lives!  
Ngozi Okonjo-Iweala Appointed Member of South Africa’s Presidential Economic Council
Politics

Ngozi Okonjo-Iweala Appointed Member of South Africa’s Presidential Economic Council

Former Minister of Finance, Ngozi Okonjo-Iweala, has been appointed as a member South Africa’s presidential economic advisory council. The council which is chaired by Cyril Ramaphosa, the South African president, has other members in the council.  As part of their functions, members of the council are expected to “ensure greater coherence and consistency in the implementation of economic policy and ensure that government and society in general is better equipped to respond to changing economic circumstances”. Okonjo-Iweala shared photos from the meeting on Twitter, captioned it “With President Ramaphosa, members of cabinet, and members of the Presidential Economic Advisory Council in Pretoria discussing sources of growth for the South African economy and win-win economic i...
Okonjo Iweala Sends Message To Buhari
Politics

Okonjo Iweala Sends Message To Buhari

Dr Ngozi Okonjo-Iweala, a former Minister of Finance and Chairman, Global Alliance for Vaccines and Immunisation (GAVI), has urged the President Muhammadu Buhari government to improve on immunisation coverage. Okonjo-Iweala made the appeal in an interview with the News Agency of Nigeria (NAN) in Umuahia on Thursday. She commended the Federal Government for efforts made so far, but urged government to work harder to attain the average target set for Africa. She said: “We like Nigeria to improve the immunisation coverage. We were initially at 33 per cent. “Now they have worked hard. We are at 50 per cent now but we need to work harder to get us to the average for Africa.” “Nigeria is one of the key countries where GAVI is engaged and we are very happy to be her...
Ngozi Okonjo-Iweala Visits Kibera, Africa’s Largest Slum
Uncategorized

Ngozi Okonjo-Iweala Visits Kibera, Africa’s Largest Slum

Kibera is the largest slum in Narirobi and the largest urban slum in Africa. It is located in the south west of Nairobi, about 5 km from the city centre in Kenya. The former Nigerian minister of Finance shared a post on her Facebook page about her visit to Kibera. She wrote" This #Thanksgiving, I'm reflecting on my recent visit to Kibera - Africa's largest urban slum. I was humbled to observe the grit and resilience of people living in the informal settlement, the majority of whom migrate from rural areas in search of jobs and a better life. This kind of rapid urbanisation brings serious challenges: inadequate housing, overcrowding, poor sanitation, and grinding poverty. It also exacerbates a number of health issues such as the pressing need for immunisation strategies gear...
Atiku Mourns Chukuka Okonjo, Ngozi Okonjo-Iweala’s Father
Politics

Atiku Mourns Chukuka Okonjo, Ngozi Okonjo-Iweala’s Father

Atiku Abubakar, the presidential candidate of the Peoples Democratic Party (PDP) has broken his silence since he lost out at the Presidential Election Petition Tribunal (PEPT). The passing away of Professor Chukuka Okonjo, the father of a former finance minister, Ngozi Okonjo-Iweala, today, led to the disruption but the former vice president popularly known as Atiku has continued to keep mum on his next line of action regarding the tribunal judgement he lost to President Muhammadu Buhari. Messrs Buhari and Atiku contested this year’s presidential election with the former trouncing the latter to secure another term of four years. Dismissing his petition, the PEPT, said the opposition candidate and his party failed to prove beyond reasonable doubt why they should be declared win...
Ngozi Okonjo-Iweala loses dad
News

Ngozi Okonjo-Iweala loses dad

Ngozi Okonjo-Iweala ha lost her dad. The father of former Finance Minister, Obi (Prof) Chukwuka Okonjo, Obi of Ogwashi Uku, Aniocha South L.G.A, Delta State, died in the United States. The late monarch, who was a professor of mathematics was  91.
Okonjo-Iweala Applauds UN Secretary-General, Antonio Guterres At TICAD7 In Japan
Politics

Okonjo-Iweala Applauds UN Secretary-General, Antonio Guterres At TICAD7 In Japan

  Former minister of finance, Ngozi Okonjo-Iweala, has applauded the Secretary-General of the United Nations, Antonio Guterres, on his presentation at the Tokyo International Conference on African Development (TICAD7) in Japan. The conference, the largest in Japan, is being attended by presidents and business leaders and will last from August 28-30. In a tweet on Wednesday, Mrs Okonjo-Iweala thanked Mr Guterres’ for the ‘simplicity’ and ‘clarity’ of his vision and recognition of accomplishments in Africa despite challenges. “Thumbs up �� UNSG antonioguterres for the simplicity and clarity of your vision and your positive recognition of Africa’s accomplishments in the midst of challenges ticad7 at Yokohama,” she said. The former minister also appreciated Prime Minist...
Politics

I Have Never Seen An Igbo Beggar Since I Was Born Till Today – Reno Omokri

Reno wrote on his Facebook account as follows: "Since I was born till today, I have NEVER seen an Igbo BEGGAR. Africa should study this most enterprising ethnic nationality. Nigeria had her fastest GDP growth in 2003-2007 and 2011-2015, under the hand of an Igbo woman named Ngozi Okonjo Iweala. It can't be a COINCIDENCE! The Igbo are an African ethnic nationality that have produced more US dollar multimillionaires, per capita, through their apprenticeship system, than Harvard Business School. Igbos prove that WHO you know takes you farther than WHAT you know #FreeLeahSharibu #RenosNuggets"
Ngozi Okonjo-Iweala Celebrates Her 65th Birthday Today
Politics

Ngozi Okonjo-Iweala Celebrates Her 65th Birthday Today

Ngozi Okonjo-Iweala (born 13 June 1954) is an economist and international development expert. She sits on the Boards of Standard Chartered Bank, Twitter, Global Alliance for Vaccines and Immunization (GAVI), and the African Risk Capacity (ARC). Previously, Okonjo-Iweala spent a 25-year career at the World Bank as a development economist, rising through the ranks to the No. 2 position of Managing Director, Operations (2007-2011). She also served two terms as Finance Minister of Nigeria (2003-2006, 2011-2015) under the leadership of President Olusegun Obasanjo and President Goodluck Jonathan respectively.
Photos Of Ngozi Okonjo-Iweala In Riyadh, Saudi Arabia
Politics

Photos Of Ngozi Okonjo-Iweala In Riyadh, Saudi Arabia

In #Riyadh discussing @Gavi results, Global Health Security and partnerships with the Saudi Fund for Development. With Dr Khalid bin Sulaiman Al-Khudairy, Vice Chairman and Managing Director; Eng. Yousef Al-Bassam, Advisor of Saudi Fund for Development and Mr Ibrahim Alsugair, Senior Economic Advisor. Discussing innovation and scaling immunization for children in poor countries in Riyadh, with HRH Prince AlWaleed Bin Talal and HRH Princess Lamia Bint Majed Al Saud of Alwaleed Philanthropies.
Okonjo-Iweala Honoured As One Of Six Women Who Helped Shape Contemporary World
Politics

Okonjo-Iweala Honoured As One Of Six Women Who Helped Shape Contemporary World

Nigeria’s Ngozi OKONJO-IWEALA was named by Council on Foreign Relations as one of Six women who helped shape Contemporary World order, in honor of the 2019 International Women’s Day. “While some international institutions, like the Brundtland Commission, have had women at their helm, others have proved more recalcitrant to female leaders. One such institution, the World Bank, saw cracks in its glass ceiling in 2012, when Dr. Ngozi Okonjo-Iweala ran to become its president. After serving terms as Nigeria’s foreign affairs minister and finance minister, and then as a managing director at the bank, she (and Colombia’s Jose Antonio Ocampo) squared off against American physician Jim Yong Kim in the bank’s first-ever contested presidential selection. Historically, a longstanding transa...
Ngozi Okonjo-Iweala Pictured With Naomi Campbell
News

Ngozi Okonjo-Iweala Pictured With Naomi Campbell

Supermodel Naomi Campbell is a superfan of Nigerian economist and international development expert Ngozi Okonjo-Iweala. Naomi shared a photo of the two of them together on her Instagram page yesterday and stated that she had been really looking forward to meeting Ngozi Okonjo-Iweala at the World Economic Forum. Naomi posted: The only person I wanted to meet this year at the World Economic Forum in Davos, Switzerland over a beautiful dinner we shared our strength’s and hope ?? The BRILLIANT & BEAUTIFUL Ngozi Okonjo-Iweala; globally acclaimed economist, Nigeria’s first female Minister of Finance, active board member for a variety of large and impactful organizations like the African Risk Capacity, Standard Chartered Bank and Twitter – she’s one of Fortune’s 50 Greatest World Lea...
Ngozi Okonjo-Iweala With Drogba At Launch Of New Africa Business In Ethiopia
Politics

Ngozi Okonjo-Iweala With Drogba At Launch Of New Africa Business In Ethiopia

Okonjo Iweala was pictured with former Chelsea strike Didier Drogba at the launch of the new Africa Business Coalition for Health in Addis Ababa.She wrote..... 'In Addis at the launch of the new Africa Business Coalition for Health championed through a partnership of the United Nations Economic Commission for Africa [UNECA] and the Aliko Dangote Foundation under the chairmanship of Mr Aigboje Aig-Imoukhuede. The ECA has estimated a $66 billion per annum financing gap for healthcare in Africa. The public sector alone cannot cover this. There is a need for smart partnerships with the private sector and for their investments in pharmaceuticals, logistics, supply chain management, capacity support, technology, innovation, and other areas. The Africa Business coalition encourages the ...
Okonjo-Iweala Denies Making Biafra The ‘Richest Country In The World’ Comment
Politics

Okonjo-Iweala Denies Making Biafra The ‘Richest Country In The World’ Comment

Nigeria's Former Finance Minister, Ngozi Okonjo Iweala has denied reports that she promised to make 'Biafra the richest country in the world'. On Wednesday, a report went viral that Okonjo-Iweala promised to make the country the world's richest. In a swift response on Thursday, Iweala called on the public to disregard the report, branding as 'False and Mischievous'. She wrote; "My attention has been drawn to a fake news making the rounds claiming I made a statement on Biafra. It is false and mischievous. Please disregard it. Thank you
Okonjo-Iweala “Ready” To Be World Bank President
Politics

Okonjo-Iweala “Ready” To Be World Bank President

Nigeria’s former Minister of Finance, Ngozi Okonjo-Iweala, has said she is ready to lead the World Bank, if nominated for the job. Okonjo-Iweala stated this while speaking on the sidelines of the World Economic Forum in Davos. Having contested against Jim Yong Kim, the outgoing president, she said many people have been asking if she would take the job. “I know that, because I contested the last time in 2012, and many people were asking that question. It is a shareholder’s decision and they have to decide how they want it. Someone has to nominate. “If the right person were to nominate, and if the circumstances are right and people feel I can do the job, yes,” Okonjo-Iweala said. Okonjo-Iweala was then asked by CNN’s Richard Quest if she has declared her candidacy. “No ...
Court Convicts Job Seeker For Forging Ngozi Okonjo-Iweala’s Signature
Crime

Court Convicts Job Seeker For Forging Ngozi Okonjo-Iweala’s Signature

An FCT High Court, Nyanya on Wednesday convicted a job seeker , Raymond Azuka for forging the signature of former finance minister, Dr Ngozi Okonjo- Iweala. NAN reports that on May 19, 2015, the Economic and Financial Crimes Commission (EFCC) filed six counts bordering on forgery. The EFCC said that Obiejigo, a Higher National Diploma holder from Federal Polytechnic Oko, Anambra allegedly forged a reference letter purportedly from the Okonjo-Iweala alongside his curriculum vitae requesting for employment into the commission and Nigerian Security Printing and Minting, NSPM. In convicting Azuka, Justice Baba Idris, fixed Dec. 7, for sentencing. Baba held that out of the six counst, the court convicted Azuka on two counts. He held that the confessional statements by the def...
Ngozi Okonjo-Iweala Co-chairs MIT Health Solve Challenge
Events

Ngozi Okonjo-Iweala Co-chairs MIT Health Solve Challenge

Happy to Co-chair the MIT Health Solve Challenge on the sidelines of the UN General Assembly meeting. A wonderful opportunity for innovators to present their work focused on improving community-level health care delivery using technology and win financial, intellectual and capacity building support from the MIT Solve community. So many wonderful initiatives ranging from end to end community healthcare delivery using technology equipped community health workers in Kenya and India, to blockchain technology for credentialing refugee health workers in Jordan and elsewhere, to biometric identification and wearable devices to monitor health situations of babies on the ground in developing countries. Special congrats to Temie Giwa-Tubosun of Lifebank, Nigeria for a wonderful initiative ...
Okonjo-Iweala Got Nigeria Out Of Debt, But We’re Back There -Amina Mohammed
Politics

Okonjo-Iweala Got Nigeria Out Of Debt, But We’re Back There -Amina Mohammed

Amina Mohammed, the deputy secretary-general of the United Nations (UN), says Ngozi Okonjo-Iweala, two-time minister of finance, spent years to get Nigeria out of debt, but the country is now back to worrying levels of debt. Speaking at the International Monetary (IMF) and the UN working together conversation on Tuesday, the former minister of environment in Nigeria, expressed her worry on the rising level of debt in Nigeria and the rest of Africa. She said the UN and IMF must have better conversations on the demands of a growing economy, seeking ways to make growth better and inclusive. “Public resources are always going to be important, and so is ODA and the private sector. But I think we still haven’t yet got quite the solution and I hope that the work that we do together w...
Twitter Appoints Ngozi Okonjo-Iweala To Board Of Directors
News

Twitter Appoints Ngozi Okonjo-Iweala To Board Of Directors

Twitter has appointed former Nigerian finance minister Ngozi Okonjo-Iweala and former World Bank chief Robert Zoellick as directors as it reshuffled its board. "Ngozi and Bob are distinguished leaders with unparalleled global perspective and policy expertise," said Omid Kordestani, Executive Chairman of Twitter.
Okonjo-Iweala Shares Story Of How Herself And IMF Boss Christiane Lagarde, Were Disgraced At The Presidential Villa Because She’d Stopped The Diversion Of $6m
News

Okonjo-Iweala Shares Story Of How Herself And IMF Boss Christiane Lagarde, Were Disgraced At The Presidential Villa Because She’d Stopped The Diversion Of $6m

Former Minister of Finance, Ngozi Okonjo-Iweala recently had an event preceding the signing of the book, ‘Fighting Corruption is Dangerous: The Story Behind the Headlines’ which held at the Politics and Prose, Washington DC. At the event, Okonjo-Iweala, narrated how she was locked out of the presidential villa because she spoke out against corruption. She revealed how her bold move to confront a deadly group saved her from being confined to a wheelchair for the rest of her life. She narrated how IMF chairman, Christine Lagarde’s visit in December 2011, was almost marred by a top official in Jonathan’s government all in a bid to force her to back down in implementing the presidential order to end Cargo Tracking Note, a transaction that was yielding $6 million annually but was not g...
Ngozi Okonjo-Iweala Makes A Shocking Revelation Of How She Battle and Overcome Cancer
News

Ngozi Okonjo-Iweala Makes A Shocking Revelation Of How She Battle and Overcome Cancer

One of the most decorated women in Africa, Ngozi Okonjo-Iweala has endured serious health issues over the years and today, she can proudly say she is an overcomer.  Beneath the swagger and finesse of the former Coordinating Minister for the Economy/Minister of Finance, Dr. Ngozi Okonjo-Iweala, lies the tough and unyielding soul of a combatant. It takes the tenacity and strength of such an unyielding soul, no doubt, to stare cancer’s perfect pain and misery in the eyes and conquer it in a terrifying battle between life and death. Yes, Okonjo-Iweala had cancer and she lived with it over certain dreary number of years. She made the shocking revelation not too long ago. Few women bear the crucible of pain and face down death in a no-holds-barred joust and live to tell their story. But Ngozi...