What outcomes can be attributed to Ngozi Okonjo-Iweala?

Ngozi Okonjo-Iweala

Nigerian economist who has served as Director-General of the World Trade Organization since 1 March 2021, and who was previously Nigeria's Finance Minister and a World Bank Managing Director.

Independently verifiedOutcomes at a glance

1 documented outcome: 1 independently verified.

Paris Club debt agreement with Nigeria (October 2005)

Independently verified

Debt cancellation estimated at about US$18 billion (incl. moratorium interest), about 60% of roughly US$30 billion owed to Paris Club creditors; Nigeria to pay US$12.4 billion

Role: As Minister of Finance, headed the Nigerian delegation in the negotiations
Reported by: Paris Club (creditor group secretariat) press release, 20 October 2005

Sources ¹

Reports and evaluations

PrimaryParis Club agrees to a comprehensive treatment of Nigeria's debt (press release)Paris Club · 20 Oct 2005

Revisions

26 Oct 2026 Published after review.

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