Connect with us

Headline

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

Published

on

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.

Continue Reading
Click to comment

Leave a Reply

Your email address will not be published. Required fields are marked *

Headline

Tinubu Reshuffles Cabinet, Sacks Five Ministers, Merges Ministries

Published

on

By

President Bola Tinubu has dismissed five ministers from his cabinet and appointed seven new ones as part of a cabinet reshuffle.

The President re-assigned 10 ministers to new portfolios and nominated seven new ministers for Senate confirmation.  

He dismissed Uju-Ken Ohanenye as Minister of Women Affairs, Lola Ade-John as Minister of Tourism, Tahir Mamman as Minister of Education, Abdullahi Gwarzo as Minister of State for Housing and Urban Development, and Jamila Ibrahim as Minister of Youth Development. 

Among the nominees, Tinubu selected Bianca Odumegwu-Ojukwu as Minister of State for Foreign Affairs and Nentawe Yilwatda as Minister of Humanitarian Affairs and Poverty Reduction, marking the official end of suspended Betta Edu’s tenure. 

Other nominees include Maigari Dingyadi for Minister of Labour and Employment, Jumoke Oduwole for Minister of Industry, Idi Maiha for the newly established Ministry of Livestock Development, Yusuf Ata for Minister of State for Housing and Urban Development, and Suwaiba Ahmad for Minister of State for Education. 

“The appointment of Shehu Dikko as Chairman of the National Sports Commission.

“The appointment of Sunday Akin Dare as Special Adviser to the President on Public Communication and Orientation working from the Ministry of Information and National Orientation,” the President said.

The President appreciated the outgoing members of the Federal Executive Council for their service to the nation while wishing them the best in their future endeavours. 

He then charged the newly appointed ministers and their reassigned colleagues to see their appointment as a call to serve the nation. 

Source: Nairametrics

Continue Reading

Headline

FG Drops Money Laundering Charges Against Binance Chief, Gambaryan

Published

on

By

The Federal Government on Wednesday withdrew the money laundering charges preferred against Binance Holdings Limited executive, Tigran Gambaryan.

Binance, its U.S. head of financial crime compliance, Gambaryan, and the exchange British-Kenyan regional manager for Africa, Nadeem Anjarwalla, were facing money laundering charges to the tune of $35 million brought against them by the Economic and Financial Crimes Commission.

Gambaryan and Anjarwalla were initially both detained in the custody of the office of the National Security Adviser.

Anjarwalla, however, fled lawful custody on March 22, 2024, while his counterpart, Gambaryan, was arraigned in April.

Following his arraignment, the court ordered his remand to Kuje Correctional Facility.

Continue Reading

Headline

Our Commitment to Culture, Reason for Ofala Sponsorship – Glo

Published

on

By

Technology company, Globacom, has explained that its commitment to  culture and tradition is the reason for sponsoring Onitsha Ofala and other leading festivals across the land.

This year’s event, the 23rd since the incumbent Obi of Onitsha, Igwe Alfred Nnaemeka Achebe, ascended the throne, kicked off with Iru Ofala on Friday and ended with Azu Ofala on Saturday.

Globacom’s Divisional Head, South, Mr. Tochukwu Okechukwu, who represented the company at the  Ime Obi venue of the event in Onitsha, Anambra State, said Globacom is mindful of the critical role that culture plays in national development and its ability to foster national identity and bring people together around shared values, traditions, and history adding.

According to him,  cultural industries, such as festivals, tourism, arts, and crafts, could contribute significantly to the economy, create jobs, generate revenue, and promote local products. “Culture influences education systems and can inspire creativity and innovation. Cultural knowledge can enhance critical thinking and problem-solving skills. Moreover, a vibrant culture enhances a nation’s soft power, improving its international standing and influence through diplomacy, trade, and cultural exchange”, he added.

He further noted that communication is  the livewire of human coexistence especially in  an increasingly interconnected world. “It is through dialogue and connection that we foster understanding and collaboration. Our mission is to empower every voice within our community to be heard through affordable telecom services and digital solutions”, he said.

He also disclosed  that technology was evolving at an unprecedented pace, and affirmed that Globacom was dedicated to harnessing its power to benefit society. “We envision a future where innovation does not stand apart from tradition, but instead enhances it. We believe that connectivity can strengthen the bonds within our community, bridging generations and fostering collaboration among all our citizens. Together, we can create an environment where our cultural heritage and technological advancements coexist harmoniously, enriching the lives of all. These are the reasons why we will continue to support our cultural festivals such as Ofala and Ojude Oba.”

The Obi of Onitsha had, in his remarks, thanked   Globacom for its support for the festival over the years saying the company’s collaboration had enhanced the profile of the festival. According to him,  a request had been made to the Ministry of Art, Culture and Creative Economy to support ongoing efforts to enlist  Ofala on the UNESCO Representative List of Intangible Cultural Heritage of Humanity.

The festival peaked with the regal  emergence of the Obi from his annual seclusion and his traditional majestic dance round the Ime Obi in his full regalia on the two days of the ceremony. His palace chiefs also danced to the “Egwu Ota” in turns after which they paid homage to the traditional ruler. Several age groups also ranging from the newest such as Ifedioranma, Ugoamaka, Oganiru Onicha to the much older groups, also danced round in flamboyant uniforms and paid homage to Igwe Achebe.

A Royal Banquet organised by Globacom  in honour of the monarch will mark the end of this year’s edition of the festival at the Ime Obi on Wednesday, October 23.

Continue Reading

Trending