December 16, (THEWILL) – The President of the Financial Group of West African States Fee, Dr Omar Touray introduced, throughout the 66th Strange Summit of the ECOWAS Authority of Heads of State and Authorities held on Sunday on the Outdated Banquet Corridor of the Presidential Villa, Abuja, that Nigeria, for the primary time in 19 years, had totally met its monetary obligations to ECOWAS.
Touray mentioned Nigeria paid N84 billion and 54 million US {dollars}, which is 100% of the nation’s ECOWAS neighborhood levy for 2023 extending to July 2024.
He described the cost of the levy as a historic milestone in Nigeria’s dedication to regional integration and improvement, in addition to a vote of confidence in ECOWAS’s imaginative and prescient and ongoing reforms.
Expressing his appreciation for the gesture, Touray mentioned, “This cost underscores the management and dedication of President Bola Tinubu and the folks of Nigeria to the ECOWAS neighborhood. At a extra private stage, it underscores a mark of confidence within the ECOWAS that I’ve been privileged to guide since 2022. My colleagues are deeply grateful.”
The gesture, which reaffirms Nigeria’s place as a dedication to ECOWAS, didn’t come as a shock to different member states of the regional physique and effectively that means people who’ve been carefully following occasions in the neighborhood.
As a founding member of ECOWAS, Nigeria has at all times performed a key position in direction of the realisation of the organisation’s major aims and in its initiatives aimed toward fostering political stability, financial integration and safety inside the area.
By fulfilling its monetary obligations to ECOWAS, Nigeria units an instance to different states and encourages them to proceed to uphold the ideas on which the organisation was based.
ECOWAS is clearly on the cusp of change and it wants extra of the type of response and perspective that Nigeria has demonstrated to maintain its targets. It wants extra assist, the sort that solely dedicated states within the mildew of Nigeria can present.
Nigeria could be on the best way to reclaiming its management place in Africa and that is simply a sign that it’ll ultimately. We be part of the ECOWAS in applauding President Tinubu for the gesture.
