Friday , March 29 2024

Okonjo-Iweala Tired Of WTO Job, May Quit

Emerging reports suggests that the Director General at the World Trade Organisation (WTO) Dr Ngozi Okonjo-Iweala is growing frustrated with the workings of the organization and is considering the idea of resigning if no headway can be found on critical issues, just seven months into her four-year tenure.

 
Bloomberg reported that five trade officials, who declined to be identified, reported that Okonjo-Iweala has fully grasped the frustrating reality of the WTO’s historical slothfulness and has considered quitting.

According to officials, the DG has repeatedly told ambassadors and staff that she could easily walk away from the job, and reminded them she hasn’t bought any furniture for her temporary home in Geneva.

Dousing other speculations, Okonjo-Iweala in a statement to Bloomberg, denied having interest to run in Nigeria’s 2023 Presidential election, describing such speculation as “utterly ridiculous and not true”.

She added: “I just got here. I am enjoying what I’m doing. It is a very exciting job and I am trying to have some successes here.”

Okonjo-Iweala began her tenure with a plan to score quick negotiating victories that she hoped would help reboot the dysfunctional Geneva-based trade body.

Observers suggest that her early departure would add yet another layer of chaos to an organization suffering from an existential crisis that may lead governments to conclude that the WTO is not a credible forum for addressing their shared challenges.

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