President Muhammadu Buhari has confirmed and ratified International Coffee Agreement, 2007, following Federal Executive Council, FEC, approval of Nigeria’s membership of the International Coffee Organisation, ICO.
FEC meeting had 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 inter-governmental consultations, facilitate international trade through increased transparency and access to relevant information
A statement by the Special Assistant to the President on Media and Publicity, Mallam Garba Shehu, says it will also promote a sustainable coffee economy for the benefit of all stakeholders and particularly of small-scale farmers in coffee producing countries.
The agreement is an important instrument for development co-operation and will provide the legal framework for core activities undertaken by the organisation in the future.
BELLO WAKILI, Abuja