FG Withdraws From 90 International Organisations Over High Financial Burden — Finance Minister

The Federal Government has officially withdrawn Nigeria’s membership from 90 international organisations due to rising financial commitments the country can no longer sustain. This was disclosed by the Minister of Finance, Kemi Adeosun, after the Federal Executive Council (FEC) meeting held on Wednesday in Abuja.

Adeosun revealed that Nigeria pays over $70 million annually to maintain membership in 310 international bodies, yet has struggled to meet its financial obligations in many of them. She noted that the government has now taken steps to streamline its involvement to reduce unnecessary spending and ensure accountability.

According to the Minister, a special committee has been constituted to review all the organisations Nigeria belongs to and identify the most strategic ones to retain. The committee is expected to submit a comprehensive report within two weeks, detailing priority bodies that align with the country’s economic and diplomatic interests.

She emphasised that the move is part of ongoing efforts to cut costs, improve efficiency, and reposition Nigeria on the global stage through more meaningful international partnerships.