President Muhammadu Buhari Thursday in Abuja signed nine international
agreements that will strengthen the anti-corruption war, stabilize the
economy and improve the security situation in the country.
The signing ceremony for the execution of the Instruments of Ratification
for International Agreements between the Federal Republic of Nigeria and
other Entities was held at the Presidential Villa.
Speaking at the event, President Buhari directed all agencies of
Government with roles to play under the respective Treaties that had been
ratified to ensure that they play their anticipated roles in an effective
and responsible manner in order to ensure that the country reaps the full
benefits of the agreements.
“It is my hope that these Instruments will reinvigorate the
anti-corruption war and check the illicit flow of funds out of our country
to other jurisdictions, improve national security, food security, boost
our economic and tax regimes and improve the overall well-being of our
creative community,’’ he said.
The President said the signing of the agreements was an important
milestone in demonstrating the sovereign capacity of Nigeria to fulfill
international obligations and take important steps for the benefit of the
economy, security and the anti-corruption war.
“I am delighted to perform today, the duty of executing Instruments of
Ratification of certain Agreements on behalf of the Federal Republic of
Nigeria, pursuant to the powers conferred on me by Section 5(1) (a) and
(b) of the Constitution of the Federal Republic of Nigeria 1999 (as
amended) and Article 7 of the Vienna Convention on the law of treaties of
1969,’’ President Buhari added.
The President said the full implementation of the Agreements had been
delayed due to the need by both sides to conclude their respective
ratification processes.
“I am happy to note therefore, that pursuant to a Memorandum presented to
the Federal Executive Council by the Honourable Attorney-General of the
Federation and Minister of Justice, Council has approved the ratification
of the said Agreements.
“With this sovereign act, which has been replicated in the United Arab
Emirates by their responsible authorities, we are now in a position to
utilize these Agreements fully to foster cooperation between our
respective authorities particularly for the purpose of prosecuting the
anti-corruption campaign of this Government,’’ he said.
The signed agreements were: Agreement on Mutual Legal Assistance in
Criminal Matters, Agreement on Mutual Legal Assistance in Civil and
Commercial Matters, Agreement on the Transfer of Sentenced Persons and an
Extradition Treaty.
Other Agreements include Charter for the Lake Chad Basin between Nigeria,
Cameroun, Central African Republic, Libya, Niger and the Republic of Chad;
African Tax Administration Forum Agreement on Mutual Assistance in Tax
Matters and World Intellectual Property Organization Performances and
Phonograms Treaty.
Agreements on the World Intellectual Property Organization Treaty on
Audio-Visual Performances and the Marrakesh Treaty to facilitate access to
published works for persons, who are blind, visually impaired or otherwise
were also signed.