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Posts tagged with "WTO"

Ngozi Okonjo-Iweala warns that African countries face food crisis as a result of Russia/Ukraine war African News

Ngozi Okonjo-Iweala warns that African countries face food crisis as a result of Russia/Ukraine war

WORLD Trade Organisation (WTO) director-general Dr Ngozi Okonjo-Iweala has warned that Nigeria and many African countries may face a food crises  later on this year due to the effects of the Russia-Ukraine War.   According to Dr Okonjo-Iweala, a recent report by the Africa Development Bank indicated` that the war in Ukraine...
Ngozi warns Nigeria that the government needs to bring down the high cost of trading African News

Ngozi warns Nigeria that the government needs to bring down the high cost of trading

WORLD Trade Organisation (WTO) director-general Dr Ngozi Okonjo-Iweala has warned that Nigeria will struggle to rebuild her economy in the post-coronavirus era as the nation is struggling to attract investment due to her high trading costs.   Like many developing nations, Nigeria got hit hard by the coronavirus pandemic as...
Ngozi reported to be contemplating quitting WTO job over frustrating slow progress African News

Ngozi reported to be contemplating quitting WTO job over frustrating slow progress

NIGERIA'S former finance minister Dr Ngozi Okonjo-Iweala is said to be considering leaving her job as the World Trade Organisation (WTO) director-general due to the frustration she is encountering with regards to getting things done.   In February this year, Dr Okonjo-Iweala assumed office as the WTO boss after the new US...
According to the African Development Bank Nigeria has an annual infrastructural deficit of $100bn. Here are 10 ways in which we can raise that kind of capital  African News

According to the African Development Bank Nigeria has an annual infrastructural deficit of $100bn. Here are 10 ways in which we can raise that kind of capital 

Ayo Akinfe (1) Foreign direct investment - Aim for $50bn annually. When Mark Zuckerberg last visited, did we get him to commit to a minimum annual investment figure (2) Development grants - I have lost track of how many billions are available through bodies like Unesco, Unicef, WHO, WTO, World Bank, etc (3) Federal government...
EU reports Nigeria to WTO for not opening up her market to unlimited milk imports African News

EU reports Nigeria to WTO for not opening up her market to unlimited milk imports

EUROPEAN Union (EU) officials have reported Nigeria to the World Trade Organisation (WTO) complaining about the restrictions the country has placed on the importation of milk and other dairy products.   Annually, the EU produces about 160m tonnes of milk, of which about 21m tonnes are exported, with Nigeria being one of its...
Over the next few weeks I expect President Buhari to visit the WTO headquarters with proposals for an ambitious global cattle production trading plan with Nigeria at its heart. His document should look something like this African News

Over the next few weeks I expect President Buhari to visit the WTO headquarters with proposals for an ambitious global cattle production trading plan with Nigeria at its heart. His document should look something like this

Ayo Akinfe (1) Nigeria is offering 99 year leases and three year tax holidays to any international investor who comes and invests in her cattle industry. Foreign investors are needed in the animal feed production, leather processing, milk production and ranch maintenance sectors (2) Nigeria wants to expand her cattle population to...
British high commissioner to Nigeria joins Ngozimania fad with 20 second video dressed in ankara African News

British high commissioner to Nigeria joins Ngozimania fad with 20 second video dressed in ankara

BRITAIN'S high commissioner to Nigeria Catriona Laing has joined the teaming number of fans celebrating Dr Ngozi Okonjo-Iweala by not only joining the fans page #BeLikeNgoziChallenge but also producing a brief video dressed like her.   This morning, Dr Okonjo-Iweala formally assumed office as the director-general of the World...
Buhari should kick off Ngozi’s tenure by striking a trade deal with Biden that involves repealing all homophobic laws in exchange for annual US foreign direct investment of $50bn African News

Buhari should kick off Ngozi’s tenure by striking a trade deal with Biden that involves repealing all homophobic laws in exchange for annual US foreign direct investment of $50bn

Ayo Akinfe (1) If you ask me, having Ngozi Okonjo-Iweala as the head of the World Trade Organisation (WTO) makes it imperative that Nigeria becomes a serious player in the global economy. It is highly embarrassing that Africa accounts for 18% of the world’s population by only 3% of its trade. It now falls to Nigeria to...
WTO general council officially confirms Ngozi as its new director-general at special session African News

WTO general council officially confirms Ngozi as its new director-general at special session

FORMER finance minister Dr Ngozi Okonjo-Iweala has officially assumed office as the director-general of the World Trade Organisation (WTO) after the body's general council confirmed her appointment as a special meeting today.   During the final round of voting by WTO delegates last year, Dr Okonjo-Iweala emerged victorious,...
Biden poised to endorse Ngozi as WTO boss after South Korea's Yoo Myung-hee withdraws from contest African News

Biden poised to endorse Ngozi as WTO boss after South Korea's Yoo Myung-hee withdraws from contest

FORMER finance minister Dr Ngozi Okonjo-Iweala has moved a step closer to being confirmed as the next director-general of the World Trade Organisation (WTO) after her sole opponent Yoo Myung-hee of South Korea withdrew from the contest.   During the final round of voting by WTO delegates last year, Dr Okonjo-Iweala emerged...
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