Nigerian Government to Review International Trade Treaties

The federal government of Nigeria is working towards reviewing treaties and conventions in force. This was disclosed by a Special Assistant to the President of the Senate, Omishore.

With reference to illicit financial flows from Nigeria which is sometimes tied to vague clauses in some of the treaties, Omishore said that “the aim of the review was to domesticate such treaties to serve Nigeria’s interest first”.

He recalled that the Presidency in 2017 also alluded to its plans to take a second look at conventions and trade partnerships entered into by Nigeria.

Nigeria has several treaties with many countries. Senate President Bukola Saraki will be addressing the Ghanaian parliament to discuss Africa’s bilateral commitments among other issues.