SATURDAY 3RD OCTOBER 2020

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Okonjo-Iweala is Favourite as WTO Narrows Aspirants to 2 Tuesday

Bennett Oghifo

Nigeria’s former finance minister, Ngozi Okonjo-Iweala remains the favourite for the job of director-general of the World Trade Organisation as the body’s General Council meets next Tuesday to reduce the five candidates still in the

race to two. Okonjo-Iweala; Saudi Arabia’s former minister of economy and planning, Mohammad Maziad AlTuwaijri; UK’s former secretary of state for international trade, Liam Fox; South Korea’s Trade Minister, Yoo Myung-hee; and Kenya’s former international

trade minister, Amina Mohamed are the aspirants still in the race. Three candidates, including Mexico’s Jesus Seade, Egypt’s Hamid Mamdouh, and Moldova’s Tudor Ulianovschi were dropped last month as the Geneva-based organisation said they did not secure

enough support in a first of three rounds of voting. Next week, the five aspirants who jumped the first hurdle to replace Roberto Azevedo, who stepped down as the WTO director-general a year ahead of schedule, will be whittled down to just two after a second elimination round.

The remaining five contenders are either current or former ministers, something that trade officials had previously said was an important characteristic for a future Director-General. Okonjo-Iweala’s high professional/personal qualities, international contacts and

impeccable records as Nigeria’s former finance minister/ foreign affairs minister and as former managing director of the World Bank, stand her above other contestants, argue pundits familiar with the voting preferences of WTO’s Continued on page 5

Oil Prices Slump on Trump’s Positive COVID-19 Result… Page 5 Saturday 3 October, 2020 Vol 25. No 9308

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Diri Bemoans Unending Cases as A’Court Affirms His Election Those fanning the embers of disunity in Bayelsa should stop if they really love the state Alex Enumah in Abuja A five-man panel of Justices of the Court of Appeal sitting in Abuja, yesterday reversed the nullification of the November

16, 2019 governorship election that produced Duoye Diri as governor of Bayelsa State and affirmed his election. In a swift response, Diri bemoaned the litany of

electoral cases trailing his election, describing them as distractions, and stated that it was time "portfolio political parties" stopped fanning the embers of disunity in the state.

The five-man panel in a unanimous judgment, delivered by Justice Obande Ogbuinya, held that the majority judgment of the Bayelsa State Governorship

Election Petition Tribunal erred in law when it held that the petition of the Advanced Nigerian Democratic Party (ANDP) was not statute barred.

The tribunal had in a two-to-one judgment in August annulled the election of November 16, Continued on page 5

FG Highlights Gains of Extending Railway to Niger Republic’s Border Says Nigeria aims to take advantage of landlocked neighbours’ imports, exports Kasim Sumaina in Abuja The federal government yesterday explained that it is extending the Lagos-KanoKatsina railway lines to the border town of Marradi in Niger Republic for economic and commercial considerations in favour of Nigeria. The proposal, for which a $1.959 billion loan is being processed from China, had come under severe criticisms by some Nigerians, who argue that extending a railway line to Marradi with a loan, should not be the priority of cashstrapped Nigeria now. But the Minister of Information and Culture, Alhaji Lai Mohammed and the Minister of Transportation, Chibuike Rotimi Amaechi, at different media events marshaled points to justify the railway plan.

The information minister, while speaking on a live television programme in Abuja said the rail extension “is intended for Nigeria to take economic advantages of import and export of Niger Republic, Chad and Burkina Faso, which are landlocked countries.” Mohammed said contrary to disinformation by some commentators on the rail extension project, the decision was taken in the economic interest of Nigeria. The Minister explained: “I think there has been a lot of disinformation and total lack of information over that linking of Lagos, Kano, Katsina railway to Marradi. The wisdom behind it is that Niger, Chad, and Burkina Faso are all landlocked, meaning Continued on page 5

Chevron Nigeria to Sack 25% of Workforce... Page 8

SANI-BELLO AT THE VILLA... President Muhammadu Buhari with Niger State Governor, Abubakar Sani-Bello, during a courtesy call on the president by Sani-Bello at the State House Abuja…yesterday


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SATURDAY 3RD OCTOBER 2020 by THISDAY Newspapers Ltd - Issuu