BUSINESS AND ECONOMYINTERNATIONAL

WTO nomination: ACCI President tasks Africa on unity

Lauds Buhari

Seeks European endorsement

The Vice- President of Pan-African Chamber of Commerce and Industry (PACCI), Prince Adetokunbo Kayode has urged Africans to unite behind the candidature of former Nigerian Finance minister, Dr Ngozi Okonjo- Iweala for the Director General of the World Trade Organisation (WTO).

In a statement issued in Abuja, the African Chamber Chief who commended President Muhammadu Buhari for his statesmanship said Africa should adopt Dr Okonjo-Iweala as a consensus candidate, describing the former World Bank top executive as “a briliant and innovative daughter of Africa.

“Dr Ngozi Okonjo-Iweala’s track record is not disputable and her qualification for the job is beyond convincing. Her developmental activities across the continent and within several leading international organisations credibly position her for the top job, Prince Kayode said.

He specifically appealed to Europeans who are in the race to drop their aspirations and support the former Nigerian Minister, noting that such gesture will go a long way in stregthening EU-Africa relations.

“Africa and EU have a long lasting relations. It is clear now is the turn of Africa to produce the WTO head. Our friends in Europe should be at the forefront, co-sponsoring the Nigerian economist in the spirit of mutual support and collaboration. I will specifically appeal to the European Union to take a common stand at the forthcoming meeting of her trade ministers to support Africa and Nigeria”, he stressed.

Prince Kayode who is also the President of Abuja Chamber of Commerce and Industry (ACCI) said the nomination of Dr. Okonjo- Iweala is another indication of the ongoing reforms within the presidency, noting that “the new trend of placing merit and inclusiveness above other considerations is a welcome development.

“For us in the Chamber business, this is positive development. Nigeria now needs to review her trade policy practices to benefit from post-recovery world. Our trade pacts with many countries are due for review . Now is the time for action”, the statement concluded.

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