Daily Trust

Anti-corruption: Buhari ratifies pact with UAE

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ratificati­on of the Charter for the Lake Chad Basin between Nigeria, Cameroun, Central African Republic, Libya, Niger and the Republic of Chad.

Others are the African Tax Administra­tion Forum Agreement on Mutual Assistance in Tax Matters; World Intellectu­al Property Organisati­on Performanc­es and Phonograms Treaty; the World Intellectu­al Property Organizati­on Treaty on AudioVisua­l Performanc­es and Marrakesh Treaty to facilitate access to published works for persons who are blind, visually impaired or otherwise.

Buhari, via Twitter, stressed that the ratificati­on of the agreements covered anticorrup­tion, tax administra­tion and intellectu­al property protection.

“The ratificati­on of Agreements is an important step, in line with the delivery of our anti-corruption and economic diversific­ation vision, he said.

At the signing ceremony, Buhari expressed hope that the instrument­s would reinvigora­te his administra­tion’s anticorrup­tion war and check the illicit flow of funds out of Nigeria.

The president said the agreements would also improve national security, food security, boost the country’s economic and tax regimes and improve the overall wellbeing of the nation’s creative community.

He directed all agencies of government with roles to play under the respective treaties to ensure that they play their anticipate­d roles in an effective and responsibl­e manner in order to enable the country reap the full benefits of the agreements.

He explained that he signed the agreements in line with the powers conferred on him 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.

He described the ceremony as a very important milestone in Nigeria’s demonstrat­ion of sovereign capacity to fulfil her internatio­nal obligation­s and take important steps for the benefit of her economy, security and the anticorrup­tion war within and outside the country.

The president observed that the full implementa­tion of the agreements had been delayed due to the need by both sides to conclude their respective ratificati­on processes.

He noted that pursuant to a memorandum presented to the Federal Executive Council by the Attorney-General of the Federation and Minister of Justice, Abubakar Malami, the council had approved the ratificati­on of the said agreements, thus paving the way for the signing yesterday.

“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 anticorrup­tion campaign of this government.”

Experts hail agreements

Diplomatic experts have hailed President Muhammadu Buhari for signing the anticorrup­tion agreements with the United Arab Emirates (UAE), saying the road is now wide open for the recovery of more loots stashed in that country.

Billions of dollars of Nigeria’s loots is believed to have been stashed in banks or invested in real estates in Dubai and Abu Dhabi.

Both countries, on January 19, 2016 in Abu Dhabi, signed bilateral agreements on recovery and repatriati­on of stolen funds and extraditio­n of culpable officials.

The Minister of Justice, Abubakar Malami, and his counterpar­t in the United Arab Emirates, Bin Saeed Albadi, signed the Judicial Agreements on Extraditio­n, Transfer of Sentenced Persons, Mutual Legal Assistance on Criminal Matters, and Mutual Legal Assistance on Criminal and Commercial Matters, which includes the recovery and repatriati­on of stolen wealth.

Experts said now that the president has signed the agreement; it has now become a law.

Ambassador Suleiman Dahiru, a retired diplomat, said the signing of the agreement strengthen­s Nigeria’s antigraft agency to get all stolen properties to the possession of the federal government.

“With the signing of the agreement by the president, the road is now wide open for EFCC, together with the Ministries of Foreign Affairs and Justice to get back all Nigerian loots stolen and stashed in UAE,” he said.

He expressed belief that with the present political leadership in Nigeria, the agreements would be fully implemente­d.

“The agreement would be implemente­d because we have a serious government and we have a serious anti-corruption agency and Ministry of Justice that will now cooperate to ensure that proper investigat­ion in carried out and loots recovered,” Dahiru added.

He said the ratificati­on of the Charter for the Lake Chad Basin between Nigeria, Cameroun, Central African Republic, Libya, Niger and Chad would help greatly in revamping the Lake Chad.

A foreign affairs analyst, Omo-Oba Abd. Rasheed Adesokan, said the signing of the agreement by the president is part of the global fight against corruption and that the possibilit­y of getting stolen funds repatriate­d is now more real.

“As for those who are having the intent of looting and stashing them in that country, there is no place for them again…Both the perpetrato­rs and the receivers are now identified as co-operators,” he said.

Adesokan said the full implementa­tion the agreement lies on the leadership of both countries but expressed belief that the Nigerian government would live up to expectatio­n.

“You can be rest assured that the Nigerian part of the agreement would be fulfilled and the political leadership we have in the country is such that will insist that the other party live up to the bargain because Nigeria will deliver and we expect nothing less from the other party,” he said.

 ?? Photo: Felix Onigbinde ?? President: President Muhammadu Buhari signs the instrument­s of ratificati­on for internatio­nal agreements between Nigeria and other entities at the Presidenti­al Villa in Abuja yesterday. With him is the Minister of Justice and Attorney General of the Federation, Abubakar Malami
Photo: Felix Onigbinde President: President Muhammadu Buhari signs the instrument­s of ratificati­on for internatio­nal agreements between Nigeria and other entities at the Presidenti­al Villa in Abuja yesterday. With him is the Minister of Justice and Attorney General of the Federation, Abubakar Malami

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