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Ngozi Okonjo-Iweala: Africa’s Most Influential Woman at 70

Published

2 years ago

June 15, 2024

Eric

By Eric Elezuo

The world rose, on June 13, to celebrate one of Africa’s biggest exports to the world, the Director-General, World Trade Organization (WTO), Dr. Ngozi Okonjo-Iweala, as she clocked a landmark 70 years.

The outpouring of affection and respect for Dr Okonjo-Iweala that has trailed Okonjo-Iweala’s birthday underscores her significant influence in global affairs and her role as a respected figure on the world stage, and serving as a reminder of the personal connections and goodwill she has fostered worldwide.

Celebrating herself through a personal tweet, she wrote: “I don’t normally do personal tweets, but today is an exception! It has been one of the happiest days of my life – my 70th birthday! So much outpouring of love from everywhere!! I want to thank all WTO Ambassadors, WTO staff, friends, and family!”

Dr Okonjo-Iweala went on to share her amazement at the global response, noting that “I’ve never received so many bouquets of flowers from all over the world, as I have today! Along with good wishes and prayers.”

It was not out of place for anyone that has followed the Dg’s career trajectory. She certainly deserves all the accolades.

Expressing deep gratitude at the blessings she enjoys, she added that “I consider myself blessed to have a loving husband, family, friends, and well-wishers! All Glory and Thanks to God!”

Okonjo-Iweala, who for the seventh time in her meritorious career, was recently recognised, and named one of Forbes’s World’s 100 Most Powerful Women in 2023. The accomplished financial expert, also one time Nigeria’s Minister of Finance and Co-ordinating Minister of the Economy, as well as a former Foreign Affairs Minister, who is fond and proud of her traditional ankara attire, has so many reasons to thank God at 70.

It is worthy of note that Forbes is an American business magazine owned by Integrated Whale Media Investments and the Forbes family with a particular focus on business, technology, communications, science, politics, and law.

According to Forbes’ 20th annual ranking released, the distinguished Nigerian E3conomist holds the 87th spot, moving up four spots, and surpassing South African businesswoman, Mpumi Madisa, who stands at 88th.

Okonjo-Iweala also beat Tanzanian President, Samia Hassan, who made her debut on the list at the 93rd position, alongside Nigerian media mogul and philanthropist Mo Abudu at the 98th. Her position bestowed on her the status of the most powerful woman in Africa.

Topping the powerful woman chart, however, is Ursula von der Leyen, President of the European Commission for Impactful Policy and Budget, while Christine Lagarde, European Central Bank President, secures the second spot, with U.S. Vice President Kamala Harris following closely in third place.

Okonjo-Iweala, who shattered barriers in 2021 as the first woman and the first African Director-General of the WTO, is celebrated for her remarkable career at the World Bank, and impactful economic reforms in Nigeria.

Her recognition on Forbes’ list underscores not only her significant contributions to global trade but also her commitment to economic development, governance, and international leadership.

In 2022, “The World Trade Organization head Ngozi Okonjo-Iweala, made the No. 91 of 100 powerful women in the world, and continues to play a crucial role in providing financial assistance and promoting global trade as the threat of a global recession rises.

A statement from Forbes added that Okojo-Iweala is “an economist and international development professional with more than 30 years of experience working in Asia, Africa, Europe, Latin America and North America.”

Also in 2021, Okonjo-Iweala was recognized by another media platform, Time magazine as one of the world’s most influential people for the year under review.

“In March 2021, she became first woman and the first African to serve as Director-General of the World Trade Organization.

“She has said she believes in the power of trade to lift developing countries out of poverty help them achieve sustainable development.

“Earlier in her career, Okonjo-Iweala served two terms as Nigeria’s Finance Minister, from 2003-2006 and 2011-2015; she also briefly served as Foreign Minister in 2006.

“She was also Chair of the Board of Gavi, the Vaccine Alliance that has immunized 760 million children globally.”

According to Wikipedia, Okonjo-Iweala was born on June 13, 1954 in Ogwashi-Ukwu, Delta State, Nigeria where her father Professor Chukwuka Okonjo is the Eze (King) from the Obahai Royal Family of Ogwashi-Ukwu.

Okonjo-Iweala was educated at Queen’s School, Enugu, St. Anne’s School, Molete, Ibadan, and the International School Ibadan. She arrived in the US in 1973 as a teenager to study at Harvard University, graduating magna cum laude with an AB in Economics in 1976. In 1981, she earned her Ph.D in regional economics and development from the Massachusetts Institute of Technology (MIT) with a thesis titled Credit policy, rural financial markets, and Nigeria’s agricultural development. She received an International Fellowship from the American Association of University Women (AAUW), that supported her doctoral studies.

She spent a 25-year career at the World Bank as a Development Economist, scaling the ranks to the Number two position of Managing Director, Operations between 2007 and 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. She also had a stint in the external affairs ministry as minister.

She is a seasoned economist and international development expert, and sits on the Boards of Standard Chartered Bank, Twitter, Global Alliance for Vaccines and Immunization (GAVI), and the African Risk Capacity (ARC).

She is married to Dr. Ikemba Iweala, a neurosurgeon. They have four children – one daughter, Onyinye Iweala (AB, MD, PhD, Harvard) and three sons, Uzodinma Iweala (AB, Harvard, MD, Columbia), Okechukwu Iweala (AB, Harvard) and Uchechi Iweala (AB, MD, MBA, Harvard).

Okonjo-Iweala became a US citizen in 2019 after spending several decades working and studying in the United States. Among an avalanche of high class honours trailing her, Okonjo-Iweala is also the founder of Nigeria’s first indigenous opinion-research organisation, NOI-Polls. She also founded the Center for the Study of Economies of Africa (C-SEA), a development research think tank based in Abuja.

In 2012, Okonjo-Iweala contested for Presidency of the World Bank. She lost to Jim Yong Kim. Eight years in-between in November 2020, she contested the DG position of the World Trade Centre, and emerged winner.

An apostle of good governance, Okonjp-Iweala is quoted as saying: “Let’s continue to show that good governance, good public policy and a people-centered approach to work matters.”

Many has praised her leadership acumen at the WTO and her dedication to global trade issues, underscoring her impact on international relations and economic policies.

Among international figures, who have congratulated her on her landmark birthday was Ambassador John Smith, who said: “Dr Okonjo-Iweala’s leadership has brought a renewed energy to the WTO. Her birthday is a moment to celebrate not just her personal achievements but her contributions to global diplomacy,”

Also celebrating the woman, who has become a reference point for everything positive, was Nigeria’s President, Bola Tinubu, who in a release issued by his media adviser, Ajuri Ngelale, rejoiced with the woman he described as a remarkable leader.

He extolled the former Minister for her services to the country and efforts towards building resilient institutions, commending her for being a worthy ambassador of Nigeria, exemplifying the grit, diligence, and brilliance that Nigerians are known for.

In the same vein, the Governor of Delta State, Mr Sheriff Oborevwori, in a statement by his Chief Press Secretary, Festus Ahon, said Okonjo-Iweala, a distinguished Deltan from Ogwashi-Uku and the first African woman to lead the global trade organisation, was a shining example of professionalism and integrity, and a great role model for women.

He commended the WTO director-general for her sublime and remarkable achievements in support of Nigeria and the international financial sector.

“As a state, we take great pride in your impressive achievements, which have earned you numerous accolades and recognition over the years. Your innovative contributions as finance minister under Presidents Olusegun Obasanjo and Goodluck Jonathan are particularly noteworthy.

“On behalf of my family, the Delta State government, and our people, I extend warm congratulations to you, Dr. Ngozi Okonjo-Iweala, on your 70th birth anniversary. I join your family, colleagues, and well-wishers in expressing gratitude to God for your remarkable life, filled with outstanding accomplishments and fulfilment.

“As you celebrate three scores and ten, I pray that God grants you continued good health, happiness, and many more years of impactful contributions to the global economy,” the statement quoted the governor.

Reveling in the euphoria of the moment, Okonjo-Iweala added, “Here’s to another year of making a positive impact and promoting global prosperity! Thank you all for making this day so special!”

Congratulations Madam DG.

Headline

Court Validates PDP 2025 Convention in Ibadan, Affirms Turaki-led NWC

Published

7 hours ago

February 27, 2026

Eric

The Oyo State High Court sitting in Ibadan has affirmed the validity of the 2025 Elective Convention of the Peoples’ Democratic Party (PDP), which produced Dr. Kabiru Turaki as the substantive National Chairman of the party.

Delivering judgment on Friday, Justice Ladiran Akintola upheld the convention in its entirety, ruling that it was conducted in full compliance with the relevant constitutional and statutory provisions governing party elections in Nigeria.

The decision marked a significant legal victory for the party’s leadership and brought clarity to the dispute surrounding the convention’s legitimacy.

The ruling followed an amended originating summons filed by Misibau Adetunmbi (SAN) on behalf of the claimant, Folahan Malomo Adelabi, in Suit No. I/1336/2025.

In a comprehensive judgment, the court granted all 13 reliefs sought by the claimant, effectively endorsing the processes and outcomes of the Ibadan convention.

Justice Akintola held that the convention, organised by the recognised leadership of the party, satisfied all laid-down legal requirements as stipulated in the 1999 Constitution of the Federal Republic of Nigeria, the Electoral Act 2022 (as amended), and the relevant provisions of the Electoral Act 2026.

The court found no breach of due process or statutory non-compliance in the conduct of the exercise.

In the same proceedings, the court dismissed the Motion on Notice seeking a stay of proceedings and suspension of the ruling, filed by Sunday Ibrahim (SAN) on behalf of Austin Nwachukwu and two others. The applications were described as lacking merit.

Earlier in the proceedings, the court had also rejected a bid by Ibrahim to have his clients joined in the suit.

Justice Akintola ruled at the time that the joinder application was unsubstantiated and consequently dismissed it.

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Opposition Parties Reject 2026 Electoral Act, Demand Fresh Amendment

Published

1 day ago

February 26, 2026

Eric

Opposition political parties have rejected the 2026 Electoral Act recently passed by the National Assembly, which President Bola Tinubu swiftly signed into law.

The parties called on the National Assembly to immediately begin a fresh amendment process to remove what they described as “all obnoxious provisions” in the law.

Their position was made known at a press briefing themed “Urgent Call to Save Nigeria’s Democracy,” held at the Transcorp Hilton Hotel in Abuja on Thursday.

In a communiqué read by the Chairman of the New Nigeria Peoples Party (NNPP) Ahmed Ajuji, the opposition leaders stated:

“We demand that the National Assembly immediately commence a fresh amendment to the Electoral Act 2026, to remove all obnoxious provisions and ensure that the Act reflects only the will and aspiration of Nigerians for free, fair, transparent and credible electoral process in our country. Nothing short of this will be acceptable to Nigerians.”

Some of the opposition leaders present in at the event include former Senate President David Mark; former Governor of Osun State, Rauf Aregbesola; former Vice President Atiku Abubakar; former Governor of Rivers State, Chibuike Rotimi Amaechi; and former Governor of Anambra State, Peter Obi, all from the African Democratic Congress (ADC).

The National Chairman of the New Nigeria Peoples Party (NNPP), Ahmed Ajuji, and other prominent members of the NNPP, notably Buba Galadima, were also in attendance.

The coalition said the amended law, signed by Bola Tinubu, contains “anti-democratic” clauses, which they argue may weaken electoral transparency and public confidence in the voting system.

At the centre of the opposition’s concerns is the amendment to Section 60(3), which allows presiding officers to rely on manual transmission of election results where there is communication failure.

According to the coalition, the provision weakens the mandatory electronic transmission of results and could create loopholes for manipulation.

They argued that Nigeria’s electoral technology infrastructure is sufficient to support nationwide electronic transmission, citing previous assurances by officials of the Independent National Electoral Commission (INEC).

The parties also rejected the amendment to Section 84, which restricts political parties to direct primaries and consensus methods for candidate selection.

They described the change as an unconstitutional intrusion into the internal affairs of parties, insisting that indirect primaries remain a legitimate democratic option.

The opposition cited alleged irregularities in the recent Federal Capital Territory local government elections as evidence of what they described as a broader pattern of electoral compromise.

They characterised the polls as a “complete fraud” and said the outcome has deepened their lack of confidence in the ability of the electoral system to deliver credible elections in 2027.

The coalition also condemned reported attacks on leaders of the African Democratic Congress in Edo State, describing the incidents as a serious threat to democratic participation and political tolerance.

They warned that increasing violence against opposition figures could destabilise the political environment if not urgently addressed.

In their joint statement, the opposition parties pledged to pursue “every constitutional means” to challenge the Electoral Act 2026 and safeguard voters’ rights.

“We will not be intimidated,” the leaders said, urging civil society organisations and citizens to support efforts aimed at protecting Nigeria’s democratic system.

On February 18, 2026, President Bola Tinubu signed the Electoral Act (Amendment) 2026 into law following its passage by the National Assembly. The Act introduced several reforms, including statutory recognition of the Bimodal Voter Accreditation System and revised election timelines.

However, opposition figures such as Atiku Abubakar and Peter Obi have also called for further amendments, particularly over the manual transmission fallback clause, which critics say leaves room for manipulation.

The president said the law will strengthen democracy and prevent voter disenfranchisement.

Tinubu defended manual collation of results, questioned Nigeria’s readiness for full real-time electronic transmission, and warned against technical glitches and hacking.

The Electoral Act sparked intense debate in the National Assembly over how election results should be transmitted ahead of the 2027 general elections.

Civil society groups under the “Occupy NASS” campaign demanded real-time transmission to curb manipulation.

In the Senate, lawmakers clashed during consideration of Clause 60, which allows manual transmission of results if electronic transmission fails.

Senator Enyinnaya Abaribe (ADC, Abia South) demanded a formal vote to remove the proviso permitting manual transmission, arguing against weakening real-time electronic reporting.

The move led to a heated exchange on the floor, with Senate President Godswill Akpabio initially suggesting the demand had been withdrawn.

After procedural disputes and a brief confrontation among senators, a division was conducted. Fifteen opposition senators voted against retaining the manual transmission proviso, while 55 supported it, allowing the clause to stand.

Earlier proceedings had briefly stalled during clause-by-clause review, prompting consultations and a closed-door session.

In the House of Representatives, a similar disagreement came up over a motion to rescind an earlier decision that mandated compulsory real-time electronic transmission of results to IReV.

Although the “nays” were louder during a voice vote, Speaker Tajudeen Abbas ruled in favour of rescinding the decision, triggering protests and an executive session.

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AFP: How Tinubu’s Govt Paid Boko Haram ‘Huge’ Ransom, Released Two Terrorists for Kidnapped Saint Mary’s Pupils

Published

3 days ago

February 24, 2026

Eric

The Nigerian government paid Boko Haram militants a “huge” ransom of millions of dollars to free up to 230 children and staff the jihadists abducted from a Catholic school in November, an AFP investigation revealed Monday.

Two Boko Haram commanders were also freed as part of the deal, which goes against the country’s own law banning payments to kidnappers. The money was delivered by helicopter to Boko Haram’s Gwoza stronghold in northeastern Borno state on the border with Cameroon, intelligence sources told AFP.

The decision to pay the militants is likely to irritate US President Donald Trump, who ordered air strikes on jihadists in northern Nigeria on Christmas Day and has been sent military trainers to help support Nigerian forces.

Nigerian government officials deny any ransom was paid to the armed gang that snatched close to 300 schoolchildren and staff from St. Mary’s boarding school in Papiri in central Niger state on November 21. At least 50 later managed to escape their captors.

Boko Haram has not been previously linked to the kidnapping, but sources told AFP one of its most feared commanders was behind the mass abduction: the notorious jihadist known as Sadiku.

He infamously held up a train from the capital in 2022 and netted hefty ransoms for the release of government officials and other well-off passengers.

Boko Haram, which has waged a bloody insurgency since 2009, is strongest in northeast Nigeria.

But a cell in central Niger state operates under Sadiku’s leadership. The St. Mary’s pupils and staff were freed after two weeks of negotiations led by Nuhu Ribadu, Nigeria’s National Security Adviser, with the government insisting no ransom was paid. Nigeria’s State Security Service flatly denied paying any money, saying “government agents don’t pay ransoms”.

However, four intelligence sources familiar with the talks told AFP the government paid a “huge” ransom to get the pupils back. One source put it at 40 million naira per head – around $7 million in total.

Another put the figure lower at two billion naira overall. The money was delivered by chopper to Ali Ngulde, a Boko Haram commander in the northeast, three sources told AFP.

Due to the lack of communications cover in the remote area, Ngulde had to cross into Cameroon to confirm delivery of the ransom before the first group of 100 children were released.

Nigeria has long been plagued by mass abductions, with criminals and jihadist groups sometimes working together to extort millions from hostages’ families, and authorities seemingly powerless to stop them.

Source: Africanews