President Muhammadu Buhari has confirmed and ratified the International Coffee Agreement, 2007. This was done on the 17th of August, 2021 after the Federal Executive Council (FEC) approved Nigeria’s membership of the in the International Coffee Organisation (ICO).
Malam Garba Shehu, the Senior Special Assistant to the President on Media and Publicity confirmed this in a statement on Thursday, in Abuja.
Shehu state that “the FEC meeting has drawn a conclusion on the agreement on October 21, 2020, with emphasis on Conclusion 10, which approved the preparation of the instrument of Ratification Of Nigeria’s membership of the International Coffee Organisation and International Coffee Agreement of 2007.
“The 2007 Agreement will strengthen the ICO’s role as a forum for intergovernmental consultations, facilitate international trade through increased transparency and access to relevant information.
“The agreement is an important instrument for development cooperation and will provide the legal framework for core activities undertaken by the Organisation in the Future.”
He added that the agreement would promote a sustainable coffee economy for the benefit of all relevant stakeholders, and particularly, of small-scale farmers in coffee-producing countries.
The Instrument of Ratification was prepared by the Attorney-General of the federation and Minster of Justice, Abubakar Malami