Nigeria To Pull Out Of 90 World Organisations
Federal authorities in Nigeria are borrowing a leaf from the Donald Trump and his policy on 'America First'.
Henceforth, it is 'Nigeria First' as far as the nation's foreign policy is concerned.
Nigeria has begun the procedure to exit 90 of 310 international organisation memberships.
The decision is as a result of the financial burden the nation has incurred in fees and compulsory donations.
In August, Nigeria had accumulated a backlog of $120 million in membership dues and other financial commitments which costs the nation an average of $70 million annually.
The decision to exit from these organisations was taking during Wednesday's Federal Executive Council (FEC) meeting chaired by the President.
The Minister of Finance, Kemi Adeosun, who disclosed this at the end of the meeting, however, did not name the particular organisations.
Adeosun, who briefed alongside the Minister of Foreign Affairs, moderated by the Senior Special Assistant on Media and Publicity, Garba Shehu, said the cabinet considered the report of an inter-ministerial committee which made the recommendations.
Adeosun explained that another committee has been set up to review the recommendations.
She said, “Basically Nigeria is a member of 310 international organizations and a committee was set up to review the rationale of our continued membership of such a large number of our organizations, particularly in the light of the fact that in many cases we are not actually paying our financial obligations and subscriptions which is causing some embarrassment to Nigeria and our image abroad.
"In particular, it was discussed that there are some commitments made to international organizations made by former presidents which were not cash backed. So when our delegations turn up at those organizations we become very embarrassed. So, that was what drove the committee.
“The committee made some recommendations: That out of the 310 organizations, 220 organizations should be retained and the rest we should withdraw membership from."
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