Nigeria Fully Settles ECOWAS Levy After Nearly Two Decades

Date: 15-12-2024 9:12 pm (4 months ago) | Author: Mister Jay Wonder
- at 15-12-2024 09:12 PM (4 months ago)
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In a landmark move, Nigeria has cleared its financial obligations to the Economic Community of West African States (ECOWAS) for the first time in almost 20 years, settling its community levy in full. 

The payment, totaling ₦84 billion and $54 million, covers the country’s 2023 contributions and commitments extending through July 2024. This achievement was announced on Sunday, December 15, by Dr. Omar Touray, President of the ECOWAS Commission, during an event in Abuja. 

Dr. Touray hailed the settlement as a significant milestone in Nigeria’s dedication to regional integration and development, noting that the funds were fully paid on Friday, December 13, 2024. 

“This marks the first time in 19 years that Nigeria has met 100% of its community levy obligations. The payment reflects the unwavering leadership of President Bola Ahmed Tinubu and the commitment of the Nigerian government and its people to the ECOWAS vision,” Dr. Touray stated. 

He further expressed gratitude for Nigeria’s support, emphasizing the importance of the contribution in bolstering ECOWAS programs and initiatives. 

“This payment is a demonstration of confidence in ECOWAS, which I have been privileged to lead since 2022. It reinforces Nigeria’s role as a key player in driving regional stability, economic cooperation, and integration,” he added. 

The settlement is seen as a boost for ECOWAS, as the funds will enable the regional body to implement its developmental agenda and address pressing challenges across member states. 

Nigeria’s renewed financial commitment has also drawn commendation from observers, who see it as a reflection of the country’s intent to strengthen its role as a leader in West African affairs. 

Posted: at 15-12-2024 09:12 PM (4 months ago) | Addicted Hero
- gogoman at 15-12-2024 10:48 PM (4 months ago)
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That is why we bestow the title on him THE LEADER OF BLACK RACE Cool Cool Cool  HE LEAD WE FOLLOW!!! but una saboteur people thinking I'm joking  Roll Eyes Roll Eyes Roll Eyes we ain't playing  Cool Cool Cool
Posted: at 15-12-2024 10:48 PM (4 months ago) | Grande Master
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- fineboy77 at 15-12-2024 11:07 PM (4 months ago)
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If true, how does this impact Mama Ngozi in Eha Amufu? Or Iya Ibeji in Abeokuta?
Posted: at 15-12-2024 11:07 PM (4 months ago) | Addicted Hero
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