Lawmakers to scrutinise Nigeria’s international treaties and MoUs
The House of Representatives Committee on Treaties, Protocols and Agreements announced plans to review all treaties and agreements Nigeria has signed with other countries. Rabiu Yusuf, the committee chairman, said many past agreements lacked proper legislative oversight, risking the nation’s sovereignty and financial stability. The move follows recent concerns over a tax MoU with France, signed on December 10, 2023, which sparked debate about potential threats to Nigeria’s economic security. Lawmakers aim to ensure future deals protect national interests and comply with constitutional requirements.
What we know
- Rabiu Yusuf said the committee will re-examine all bilateral and multilateral treaties, protocols, and foreign-funded contracts entered into by Nigeria.
- Some agreements reportedly contain hidden obligations, sovereignty waivers, and financial risks that were not fully understood when signed.
- The committee’s review was prompted by controversy over a tax MoU signed between the Federal Inland Revenue Service and France on December 10, 2023.
- The Northern Elders Forum has called for the immediate termination of the MoU, citing concerns about Nigeria’s sovereignty and economic security.
- Lawmakers want to establish a framework for better oversight, transparency, and digital tracking of international agreements to prevent future risks.
