Editorial
WTO: Congrats, Okonjo-Iweala!
History was made on Monday, February 15, 2021, when Nigeria’s former Finance and
Foreign Affairs Minister, Dr Ngozi Okonjo-Iweala, emerged as the Director-General (DG) of the World Trade Organisation (WTO) through a consensus agreement of the General Council of the Organisation. By this appointment, she became the first African and the first woman to clinch the position.
No doubt, Okonjo-Iweala’s appointment has elicited pride among Nigerians, Africans and women worldwide. She overcame stiff competition from an initial field of eight candidates, including another female, Yoo Myung-hee, the South Korean backed by the United States during ex-President Donald Trump’s administration. As she assumes office, her renewable term will expire on August 31, 2025.
The WTO is a global multilateral international organisation that promotes, monitors and adjudicates international trade. Along with regional and bilateral arrangements, the WTO shapes the overall expectations and practices of states regarding international trade. WTO was established in 1995 as a successor organisation to the General Agreement on Tariffs and Trades (GATT), which was created in 1947 to facilitate freer trade on a multilateral basis.
Okonjo-Iweala deserves all the encomiums. We salute her courage to dare and also admire her success despite the strong opposition initially from powerful forces within the organisation. She is not new to exalted and tasking positions having served at the World Bank; chairperson of the board of Global Alliance for Vaccine and Immunisation (GAVI) and also served in the board of Standard Chartered Bank. She was also selected to join the board of Twitter in June 2018.
Her antecedent as a negotiator speaks volumes of her capacity to navigate the affairs of WTO and deliver on her mandate for member-countries. With her leadership of the WTO, Nigeria stands at the threshold of history not only for the woman who has become the first female and African director-general of the global organisation but a unique opportunity for the country to get back to its glorious days of non-oil exports such as cocoa, palm oil, groundnut, coal, etc.
Figures from the National Bureau of Statistics (NBS) show that revenue from the non-oil export has continued to dwindle and faced with huge uncertainty. In Q4, 2019, for instance, non-crude oil exports were reported at N1.1413 trillion or 23.9 per cent of total trade, and N1.1383 trillion, representing 27.9 per cent of total exports as of Q1, 2020. But by September 2020, non-crude exports had slumped to just N154.578 billion from N185.734 billion as of August of 2020.
An indication of her prowess was demonstrated when, as a finance minister during Olusegun Obasanjo’s presidency, she negotiated the cancellation of Nigeria’s foreign debts. She also led reforms that enhanced transparency of government accounts and strengthened institutions against corruption, including the implementation of the Government Integrated Financial Management System (GIFMS), the Integrated Personnel and Payroll Information System (IPPIS) and the Treasury Single Accounts (TSA).
But it is pertinent for us to point out to the new DG that there is much work to do at WTO. With challenges arising from the Covid-19 pandemic, US-China stand-off, among other matters that may arise, Okonjo-Iweala certainly has a lot on her plate. However, we believe that she can rise to the occasion. As part of her first steps forward, she is expected to swiftly demonstrate her capacity to unite countries whose relationships have been strained due to ‘bad blood’ engendered mainly during Trump’s government.
As the trade organisation plans to have its first ministerial conference under her regime, it is most likely she will be saddled with intense responsibility to prove, between now and December 2021, when the meeting will hold, that she is indeed the expected ‘messiah,’ especially as WTO has existed without a director-general since Roberto Azevedo left. She must replicate her unblemished traits in her new task.
She must move to ensure a successful and inclusive undertaking of multilateral negotiations which had been pending for 25 years and desist from being seen as a tool of the superpowers. Most importantly, Okonjo-Iweala must ensure that the interests of developing economies, especially those of Nigeria and Africa are taken along, mainly now that the African Continental Free Trade Agreement (AfCFTA) has come on stream. Thirty-one members have signed up.
The sad reality is that international trade — transactions in goods and services between countries — is heavily skewed against developing countries. Getting out of the rut requires grit and creative policies. Okonjo-Iweala will need to tap from her diplomatic skills from her time at the World Bank, where she was once managing director, to curb the propensity of rich nations violating the rules while coercing Third World countries to abide.
We commend President Joe Biden of the United States of American (USA) for significantly withdrawing his country’s objection to the emergence of Okonjo-Iweala as DG of the trade organisation. Biden’s position indicates a shift and an important turnaround in the relations between Africa and the US. The Nigerian President, Muhammadu Buhari, is equally lauded for being in the vanguard of the campaign for the emergence of the former finance minister.
There is no doubt that Okonjo-Iweala will once again make Nigerians proud by re-enacting her track record of achievements at the WTO and thus open new opportunities and goodwill for more Nigerians to be given the privilege to serve on the global stage. We join world leaders to congratulate the colossus as she assumes duty and wish her a fruitful and memorable tenure.
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Editorial
That Oshiomhole’s Call On FG’s Road Projects
There are moments in the life of a legislature when plain speaking becomes a public service. Senator Adams Oshiomhole provided such a moment on the floor of the Senate when he accused the Minister of Works, Senator David Umahi, of manifestly neglecting critical federal arteries in Edo and Delta States, and implored his colleagues to prevail on the Minister to adopt a more equitable and genuinely national approach to road infrastructure delivery. It was blunt, it was uncomfortable, and it was necessary.
The specifics of his complaint deserve restating. Drawing attention to the recent approval of some 20 new road projects despite the parlous state of existing ones, the former Edo State governor lamented that Nigerians cannot travel from Benin to Warri, Benin to Asaba, Benin to Auchi, or Auchi to Okene without encountering severe distress. He alleged a deliberate omission of these corridors from the national budget in the last three years, save for palliative interventions directed by President Bola Tinubu through tax credit arrangements. His question — “What have we done wrong?” — resonates far beyond the chambers of the National Assembly.
We lend our full and unequivocal support to that call. The Auchi-Benin Road, for instance, has been in a deplorable and near-impassable condition for several years, turning what should be a two-hour journey into an all-day ordeal of broken axles, extortionate fares, and despondent commuters. The media have, on multiple occasions, chronicled the suffering of motorists, traders, and students who ply that route. To describe it as a federal road today is to stretch the meaning of the term beyond recognition.
This pattern of sidelining is not confined to Edo or Delta. Even here in Rivers State, the disposition of the Federal Ministry of Works has left much to be desired, particularly along the Eleme axis of the East-West Road. That road, which ought to be a flagship of federal presence in the Niger Delta, has remained in a wretched state for long. Those who use it daily — workers at the Eleme Petrochemical Complex, the two refineries, Onne Port, and the countless ancillary industries — can attest to its deterioration. Work has proceeded in fits and starts without the sustained urgency such a strategic road demands.
The Eleme stretch is not a mere intra-state byway. It is the gateway to the nation’s economic jugular. According to the Federal Ministry of Works and Housing’s 2023 Highway Condition Survey, only about 35 per cent of the country’s 36,000 kilometres of federal roads are rated as being in good or fair condition, with the remainder classified as poor or very poor. The East-West Road, conceived in the 1970s to bind the entire Niger Delta, remains unfinished in critical sections more than four decades after. If it had been treated as a priority, the perennial gridlock, carnage, and economic loss on the Eleme-Refinery junction would have long been consigned to history.
The irony is as painful as it is glaring. The Niger Delta remains the goose that lays the golden eggs. Data from the Nigeria Extractive Industries Transparency Initiative [NEITI 2023 Oil and Gas Audit] show that the region still accounts for over 78 per cent of Nigeria’s federally collected export earnings and about 65 per cent of total government revenue. The National Bureau of Statistics [NBS Foreign Trade Report Q4 2024] similarly confirms that crude oil continues to dominate export receipts. By every metric of equity and economic logic, a region that sustains the national purse deserves first-rate consideration in the allocation of infrastructure, not afterthoughts and tokenism.
Road infrastructure is not largesse to be dispensed by favour; it is the skeleton upon which commerce, cohesion, and citizenship hang. When contracts are concentrated in one geopolitical zone while other zones are left to contend with craters, it erodes trust in the federation itself. The World Bank’s Nigeria Development Update [June 2023] estimated that poor transport connectivity inflates the cost of moving goods by up to 40 per cent and costs the Nigerian economy an estimated $1.5 billion annually in lost man-hours and vehicle maintenance. If we profess to be one country, then equity must be the compass that guides key institutions before any project is executed. Development must spread round, not pool in one place as though other regions do not matter.
There is also a grave security dimension that can no longer be ignored. The deplorable condition of federal roads has become a veritable enabler of criminality. The NBS Crime Experience and Security Perception Survey reported over 2.5 million incidents of kidnapping-related occurrences nationally, with transport workers identifying bad road spots as prime ambush points. When vehicles are forced to crawl at 10 kilometres per hour through failed sections at Auchi, Sapele Road, or Eleme, they become sitting ducks for armed gangs. Fixing bad roads, therefore, is not merely about convenience; it is about safeguarding lives.
By his intervention, Senator Oshiomhole has hit the nail on the head and reminded Minister Umahi of a fundamental constitutional truth: public office is held in trust. The Ministry of Works is not a personal estate where contracts are awarded according to whim or political convenience. It is a national institution funded by the collective resources of Nigerians, including the oil and gas rents from the very communities whose roads are now neglected. The Minister must demonstrate balance, transparency, and a pan-Nigerian outlook in the distribution of projects that impact the daily existence of citizens. Selective neglect breeds suspicion, and suspicion is corrosive at a time when the nation is preaching unity, oneness, equity, and justice.
Consequently, the National Assembly must go beyond rhetoric and assert its oversight powers with vigour. Sections 88 and 89 of the 1999 Constitution [as amended] empower the legislature to investigate and expose any maladministration in the execution of federal projects. If an office holder is not acting rightly, it is the duty of the Senate and the House of Representatives to call him to order. Oversight must not be reduced to budget approval ceremonies; it must translate to field verification, public hearings, and insistence that the Federal Character principle, as enshrined in Section 14(3) of the Constitution, reflects in road awards.
Let the Auchi-Okene, Benin-Warri, Benin-Asaba, and Eleme East-West gangways be restored to motorable dignity. Let priority be given to completing existing, economically vital roads before embarking on new ones. If those who, through their resources, sustain the federation are sidelined in the distribution of tangible dividends, it tells poorly of our nationhood. Bad roads must be fixed, and they must be fixed now, with fairness as the guiding standard.
Editorial
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