The House of Representatives yesterday called on the federal government to urgently settle an outstanding debt of €1,119,979.86 owed to the Organisation of African, Caribbean and Pacific States (OACPS).
This resolution followed the adoption of a motion of urgent national importance moved by the House Majority Whip, Isiaka Ibrahim, at plenary yesterday.
Ibrahim while presenting the motion emphasized that Nigeria is a member of the OACPS, a key international body that promotes cooperation in development, trade, and diplomacy among its member nations.
He pointed out that Nigeria has benefited significantly from the OACPS, receiving support through various development initiatives that have contributed meaningfully to national development efforts.
He further referenced Section 5 of the OACPS Sanction Policy, which stipulates that member countries must pay their assessed contributions promptly to remain in good standing and avoid sanctions.
He informed the House that based on current data, Nigeria’s total assessed contribution to the OACPS amounts to €1,119,979.86.
Despite Nigeria’s extensive involvement with the OACPS including benefiting from over €1.7 billion in development grants and investment support through the OACPS-EU Cotonou Partnership Agreement (2000–2020) – Ibrahim expressed concern that the country’s contribution remains unpaid.
