Special Assistant to the Senate President on Foreign Affairs and International Relations, Bamidele Omishore has disclosed that the National Assembly in conjunction with the Presidency are working assiduously towards reviewing all trade treaties and conventions entered into by Nigeria.
The aide to the Senate President stated this on Sunday while speaking to News Agency of Nigeria in Abuja. He noted that Nigeria entered into several conventions decades ago and that it had become necessary to review some of the treaties to ensure that Nigeria gets the best out of such partnerships.
“Nigeria has different treaties and partnerships that we’ve signed with different countries. We are now going through all those treaties to see how we can domesticate them to ensure that Nigeria gets the best from every agreement signed with different countries.
The executive is taking a lead; our 8th Senate is to make sure we provide the legislative framework and the appropriate oversight to make sure the interest of Nigeria is protected at all times. The executive is taking a look at it while the national assembly’s leadership is also looking to see if some of those things favour us or not. On the illicit financial flows that are going on, that is definitely being looked at as well.
The 8th National Assembly is looking to make sure that the illicit transactions are stopped, but government at the same time is creating an environment for businesses to be done with ease. Within the next few months, some strong regulations and laws will be proposed and we will move forward through that.”
