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Nigeria to withdraw its membership of 90 world organisations

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7 years ago

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Relief for state assemblies, judiciary as Buhari grants them financial autonomy

The Federal Government has resolved to withdraw Nigeria’s membership from 90 world organisations over the financial implications of it’s membership of such organisations.

The decisions was arrived at during the Wednesday weekly Federal Executive Council (FEC) meeting, presided over by President Muhammadu Buhari.

The FEC mandated a committee to come up with recommendations to it for ratification over the plans to exit the country from the 90 organisations.

Read also : Buhari repeating mistakes that caused 1966 coup, Afenifere warns

At the moment, Nigeria is indebted to the organisations to about $100 million. Its inability to offset the debt is said to have caused the country embarrassment.

The Minister of Finance, Mrs. Kemi Adeosun, disclosed this to State House correspondents after the FEC meeting on Wednesday.

She said, “Basically, Nigeria is member of 310 international organisations and a committee was set up to review the rationale for our continued membership of such a large number of organisations, particularly in the light of the fact that in many cases, we are not actually paying financial obligations and subscriptions, which is causing some embarrassment to Nigeria and our image abroad.
“It was discussed (at the FEC ) that there were commitments made to some international organisations by former governments which were not cash- backed.”
Adeosun explained that the committee set up by the Federal Government to look into the country’s membership of the international organisations had recommended retaining membership of 220 out of the 310 organisations.
“Our subscriptions are in arrears in a number of major organisations. So, the directive of the council is that we should go and reconcile those figures and come back to the Council and have a payment plan to avoid Nigeria being embarrassed internationally,”  she explained.
According to her, the annual commitment by Nigeria to these organisations stands at $70m.

 

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0 Comments

  1. yanju omotodun

    September 27, 2017 at 5:11 pm

    I concur with this decision, must we belong to all international organizations that do not affect us positively. I advise Nigerian government to detach itself from the following : Commonwealth, WTO, The World Bank, ILO, IMF.

    Reply

    • Anita Kingsley

      September 27, 2017 at 6:04 pm

      If Nigeria withdraws her membership from all of these world organisations you listed, it will affect us greatly. This your list are the most powerful amongst others

      Reply

    • Balarabe musa

      September 27, 2017 at 6:48 pm

      I only want us to pull out of IMF but others are good organisation

      Reply

  2. Anita Kingsley

    September 27, 2017 at 6:02 pm

    I won’t consider this an embarrassment, there’s no need to belong in organisations where all we’ll be doing is spending money. Please, Nigeria should withdraw with immediate effect

    Reply

  3. Animashaun Ayodeji

    September 27, 2017 at 6:10 pm

    Being a member of 90 world organisations is actually waste of resources, why must we be found on the list of all worl organisation’s membership? Abeg Buhari should leave, we don’t need blood draining associations.

    Reply

    • Balarabe musa

      September 27, 2017 at 6:48 pm

      Even the United States of America don’t belong to 50 organisations, na wa for Nigeria.

      Reply

      • seyi jelili

        September 28, 2017 at 3:53 am

        You lied, the United States of America belongs to more than 100 international organizations. Some are : ADB (nonregional member), AfDB (nonregional member), ANZUS, APEC, Arctic Council, ARF, ASEAN (dialogue partner), Australia Group, BIS, BSEC (observer), CBSS (observer), CD, CE (observer), CERN (observer), CICA (observer), CP, EAPC, EAS, EBRD, EITI (implementing country), FAO, FATF, G-5, G-7, G-8, G-10, G-20, IADB, IAEA, IBRD, ICAO, ICC (national committees), ICRM, IDA, IEA, IFAD, IFC, IFRCS, IGAD (partners), IHO, ILO, IMF, IMO, IMSO, Interpol, IOC, IOM, ISO, ITSO, ITU, ITUC (NGOs), MIGA, MINUSMA, MINUSTAH, MONUSCO, NAFTA, NATO, NEA, NSG, OAS, OECD, OPCW, OSCE, Pacific Alliance (observer), Paris Club, PCA, PIF (partner), SAARC (observer), SELEC (observer), SICA (observer), SPC, UN, UNCTAD, UNESCO, UNHCR, UNITAR, UNMIL, UNMISS, UNRWA, UNSC (permanent), UNTSO, UPU, WCO, WHO, WIPO, WMO, WTO, ZC.

        Next time, get your facts before you comment

        Reply

  4. Abeni Adebisi

    September 28, 2017 at 6:57 am

    What is Nigeria doing with 310 international organisations? Can we get reports for these organizations to know if they are really important or not.

    Reply

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