The Federal Government has decided to pull Nigeria out
of 90 world organisations. As part of plans for the country’s exit from
the organisations, the Federal Executive Council has mandated a committee to
come up with and present recommendations to it for ratification.
The decision is
as a result of the financial implications of the country’s membership of the
organisations. The country currently owes the organisations over $100million
and its failure to meet the obligations has caused the country embarrassment.
As part of the
decision to pull out of the organisations, a plan is to be drawn up for
the payment of the outstanding amounts owed them. The government’s plan is for
the country to belong only to organisations that are absolutely necessary.
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