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Ngozi Okonjo-Iweala: Nigeria’s hope to head the WTO

by SAT Reporter
October 9, 2020
in Business, Just In, Nigeria, West Africa
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Ngozi Okonjo-Iweala: Nigeria’s hope to head the WTO
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ABUJA, (The Southern African Times) – Twice Nigeria’s finance minister and its first woman foreign minister, Ngozi Okonjo-Iweala has been described as a trailblazer.

Now the 66-year-old is looking to make more history as she bids to become the first African and woman to head the World Trade Organization.   

Aside from her time in public office, the development economist had a quarter-century at the World Bank — rising to be managing director and running for the top role in 2012.

“I think she has delivered, whether in Nigeria or in other countries where she worked,” Idayat Hassan of the Centre for Democracy and Development research and advocacy group told AFP. 

Born in 1954 in Ogwashi Ukwu, in Delta State, western Nigeria, her father is a traditional ruler. She spent much of her life in the United States – graduating from Massachusetts Institute of Technology (MIT) and Harvard where she sent her four children.

“She is not just liked in Nigeria, she is loved, because she is a symbol, and people are gunning for her because of what she represents for womanhood,” said Hassan.

– ‘She kept quiet’ –

But not everyone agrees she has an impeccable track record.

“Okonjo-Iweala may have done some box-checking technocratic transparency reforms in her ministry but the fact is, nearly a billion dollars a month were going missing from oil revenues when she was finance minister,” said Sarah Chayes, author of Thieves of State, a book about corruption. 

“I think it’s a shame she is even being considered for the role,” said Chayes. “There is an appetite for this kind of good news story at a time when diversity issues are paramount, being female and black doesn’t hurt.”

The former minister has portrayed herself as a champion against Nigeria’s rampant corruption — and says her own mother was even kidnapped over her attempts to tackle the scourge.  

But critics insist she should have done more to stop it while in power.

“At the very least, she had the opportunity to resign from office and expose the corruption,” said Olanrewaju Suraju, from the Human and Environmental Development Agenda campaign group.

“Rather, she kept quiet and allowed high level corruption to fester under the regime, only to complain after leaving office.”

– ‘Boldness, courage’ –

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