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Ngozi Okonjo-Iweala reacts as US rejects her appointment DG of WTO

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Nigerian born Ngozi Okonjo-Iweala, the new Director-General of the World Trade Organisation has reacted after the United States rejected her as the consensus candidate for appointment as new Director-General of the World Trade Organization.

Okonjo-Iweala was slated to be the new WTO Director-General.  She had won the support from the vast majority of member states, including the EU, Japan and China. However the United States representative at World Trade Organization took to the floor to insist that South Korea’s candidate remained a contender, and that Washington will not recognise Okonjo-Iweala as the consensus candidate for appointment as director-general.

As a result, the General Counsel postponed its announcement of the new Director-General until a further meeting, which is scheduled for 9 November; after the US presidential elections.

Speaking one day after, Ngozi Okonjo-Iweala tweeted: “Happy for the success & continued progress of our @wto DG bid.

“Very humbled to be declared the candidate with the largest, broadest support among members & most likely to attract consensus. We move on to the next step on Nov 9, despite hiccups. We’re keeping the positivity going!”

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COVID-19 vaccine: US embassy celebrates Nigerian doctor Ogbuagu

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The United States Mission to Nigeria has celebrated Dr Onyema Ogbuagu, for his role in the development of a COVID-19 vaccine.

Ogbuagbu, who graduated from the University of Calabar in 2003, migrated to the US and rose to become an Associate Professor of Medicine and Infectious Disease Specialist at Yale University.

He was part of the team that helped pharmaceutical company, Pfizer, to develop a COVID-19 vaccine.

In a Facebook message on Monday, the US mission wrote, “Nigerians contribute to the world in so many ways. Our hats off to Dr Onyema Ogbuagu at Yale who helped develop a COVID-19 vaccine.”

Ogbuagu is the son of a former Vice-Chancellor of Abia State University, Prof Stella Ogbuagu. He also has a twin brother who is an engineer.

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Elon Musk surpasses Bill Gates to become the world’s second-richest person as Tesla’s market cap inches closer to $500 billion

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After beating Mark Zuckerberg in world rich list ranking — the billionaire Tesla CEO Elon Musk has now leapfrogged Bill Gates to grab the world’s second-richest ranking.

Musk’s net worth rose more than $7.2 billion on November 23, driven by another surge in the Tesla share price, according to the Bloomberg Billionaire Index. The current net worth of Elon Musk stands at $127.9 billion.

This comes as one of the biggest gains in the ranking of the world’s 500 richest people — Musk has added over $100.3 billion to his net worth this year.

Elon Musk surpasses Bill Gates to become the world’s second-richest person as Tesla’s market cap inches closer to $500 billion

In January 2020, he ranked 35th, but the soaring Tesla share price has driven his ranking to surpass other billionaires in the world.

The jump in Musk’s fortune came as the shares of the electric car-maker Tesla soared as the electric car makers market cap neared $500 billion on Monday.

Gates would have been on the top, had it not been for his philanthropy.

~BusinessInsider~

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#EndSARS Protest: Those who have murdered Nigerians will not benefit from trade or travel to the UK – Lyn Brown

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British politician serving as Member of Parliament, Lyn Brown has called for sanctions against those involved in the shooting incident during the EndSARS protest in Lekki on October 20.

Speaking during a debate in the house on Monday November 23, Lyn stated that the least they can do is to make sure that those who have “murdered” Nigerians and deprived them of their human rights are not able to benefit from trade or travel to the UK.

She added that these include government officials and the Nigerian army who are stopping a “transparent investigation and effecting of justice.”

The lawmaker also averred that it was unfortunate that the Federal Government went ahead to not only accuse protesters of sponsoring terrorism and freeze their accounts, but also blamed them for the increase in food prices.

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