Nigeria Clears N85bn, $54m ECOWAS Levy After 19 Years - Politics

Nigeria Clears N85bn, $54m ECOWAS Levy After 19 Years - Politics - Nairaland

Nairaland Forum › Nairaland General › Politics › Nigeria Clears N85bn, $54m ECOWAS Levy After 19 Years (11679 Views)

Nigeria Clears N85bn, $54m ECOWAS Levy After 19 Years by Islie(op): 6:27pm On Dec 15, 2024

Nigeria has made its first full payment of the Economic Community of West African States (ECOWAS) levy in 19 years, contributing N85.54 billion and $54 million for 2023 and part of 2024.

Omar Touray, president of the ECOWAS Commission, made the announcement during the 66th ordinary summit of ECOWAS in Abuja on Sunday.

He called the payment “a vote of confidence” in the organisation and a demonstration of Nigeria’s leadership in West Africa.

Touray also highlighted the importance of the payment, noting that it would support ECOWAS efforts in regional integration and development.

The payment, made on December 13, 2024, marks a key moment in the relationship between Nigeria and ECOWAS.

Nigeria had struggled to meet its financial obligations to the regional body in previous years, but this move reflects a renewed commitment to the organisation.

At the summit, President Bola Ahmed Tinubu, who is chairing the event, praised Nigeria’s role in the regional body.

The summit also addressed other pressing issues, including the withdrawal of Burkina Faso, Mali, and Niger from ECOWAS, following military coups in those countries.

These nations have formed the Alliance of Sahel States (AES), and leaders are now seeking ways to manage the situation diplomatically.

The summit is also focused on discussions regarding the proposed single currency for West Africa, the ECO, and ways to enhance economic cooperation among member states.

https://www.thecable.ng/nigeria-clears-n85bn-54m-ecowas-levy-after-19-years/

26 Likes 2 Shares

Re: Nigeria Clears N85bn, $54m ECOWAS Levy After 19 Years by Okoroawusa: 6:29pm On Dec 15, 2024

I Love Bola Ahmed Tinubu

45 Likes 5 Shares

Re: Nigeria Clears N85bn, $54m ECOWAS Levy After 19 Years by FreeStuffsNG: 6:29pm On Dec 15, 2024

Awesome!

23 Likes 3 Shares

Re: Nigeria Clears N85bn, $54m ECOWAS Levy After 19 Years by immortalcrown(m): 6:31pm On Dec 15, 2024

Good, if it is not robbing Peter to pay Paul.

20 Likes 1 Share

Re: Nigeria Clears N85bn, $54m ECOWAS Levy After 19 Years by 9jatriot(m): 6:45pm On Dec 15, 2024*

I just read that we have reduced our debt to IMF and now I am reading this.

This is in addition to PH refinery coming online, and many other good news we have been hearing in this quarter.

I have said it before and I will say it again...

By the time Tinubu is through with Nigeria, a lot of people will rush to be called agbadorians. Many neutrals will have no other choice than to thank those that saved them from the fake posture of lamba king whose only showing is doing cho cho cho.

Unredeemable haters however will always find something to hate and complain about.

None of the present politicians has the kind of brain, vision and boldness that Tinubu has. What I most like about him is that he is not playing to the gallery or doing photo ops.

66 Likes 11 Shares

Re: Nigeria Clears N85bn, $54m ECOWAS Levy After 19 Years by INTEGRITYA1(m): 8:20pm On Dec 15, 2024

Nigeria had struggled to meet its financial obligations to the regional body in previous years

4 Likes

Re: Nigeria Clears N85bn, $54m ECOWAS Levy After 19 Years by DeathToRiggers(f): 8:21pm On Dec 15, 2024

no be achievement, ediots.

6 Likes 1 Share

Re: Nigeria Clears N85bn, $54m ECOWAS Levy After 19 Years by MANNABBQGRILLS: 8:21pm On Dec 15, 2024

Nigeria had struggled to meet its financial obligations to the regional body in previous years, but this move reflects a renewed commitment to the organisation.

A whole GIANT OF AFRICA ?

Thanks God BAT paid at long last.
A good Development...

35 Likes 6 Shares

Re: Nigeria Clears N85bn, $54m ECOWAS Levy After 19 Years by Angelfrost(m): 8:21pm On Dec 15, 2024

Awesome...!

Jagaban is making moves!

President Tinubu might end up being the best thing to happen to Naija since Obj.

In all, I wish him well... His success in that office means great things for Nigeria and Nigerians!

42 Likes 3 Shares

Re: Nigeria Clears N85bn, $54m ECOWAS Levy After 19 Years by ecomalchemistt(m): 8:23pm On Dec 15, 2024

Na so

Re: Nigeria Clears N85bn, $54m ECOWAS Levy After 19 Years by Tooreda: 8:23pm On Dec 15, 2024

DeathToRiggers:
no be achievement, ediots.

You also noticed how those unfortunate ones are celebrating up there. Those guys are irredeemable idiots.

4 Likes 3 Shares

Re: Nigeria Clears N85bn, $54m ECOWAS Levy After 19 Years by Coldie: 8:23pm On Dec 15, 2024

Nice one, let’s hope certain people don’t elect another buhari level foolishness that would raise the debt again

16 Likes 2 Shares

Re: Nigeria Clears N85bn, $54m ECOWAS Levy After 19 Years by ednut1(m): 8:24pm On Dec 15, 2024

No comments

Re: Nigeria Clears N85bn, $54m ECOWAS Levy After 19 Years by id4sho(m): 8:24pm On Dec 15, 2024

Tinubu paid international flights companies their money 🤑
Paid CBN their money 🤑
ECOWAS money 🤑

21 Likes 5 Shares

Re: Nigeria Clears N85bn, $54m ECOWAS Levy After 19 Years by LandMann: 8:24pm On Dec 15, 2024

Tinubu propaganda agents working overtime to whitewash Tinubu's disastrous administration that has plunged Nigeria into untold hardship and suffering, paying poverty inducing minimum wage while raising all manners of taxes and levies above the roof.

Call me when Tinubu pushes for and gets a law to make death penalty the punishment for public officials who engage in corrupt practices passed at the national assembly. That's when I'll know Tinubu is serious.

For now, everything is propaganda.

11 Likes 1 Share

Re: Nigeria Clears N85bn, $54m ECOWAS Levy After 19 Years by Elidrisy20: 8:24pm On Dec 15, 2024

Useless government,
After impoverished your ppl, you come dey do father Christmas

3 Likes

Re: Nigeria Clears N85bn, $54m ECOWAS Levy After 19 Years by TimeManager(m): 8:24pm On Dec 15, 2024

After God na Tinubu grin

-Kiss the truth!

15 Likes 1 Share

Re: Nigeria Clears N85bn, $54m ECOWAS Levy After 19 Years by davodyguy: 8:25pm On Dec 15, 2024

2bats the significance of ECOWAS?

Re: Nigeria Clears N85bn, $54m ECOWAS Levy After 19 Years by rentAcock(m): 8:25pm On Dec 15, 2024

So many good news lately. I think the worst is behind us. We are making progress, our come back will be the greatest in history, even better than the Chinese economic rise.

God continue to bless the Federal Republic of Nigeria.

21 Likes 4 Shares

Re: Nigeria Clears N85bn, $54m ECOWAS Levy After 19 Years by Pramooodthe: 8:25pm On Dec 15, 2024

some god news from this administration.

7 Likes

Re: Nigeria Clears N85bn, $54m ECOWAS Levy After 19 Years by davodyguy: 8:25pm On Dec 15, 2024

TimeManager:
After God, na Tinubu 💪

What's the significance of this payment?

Re: Nigeria Clears N85bn, $54m ECOWAS Levy After 19 Years by SatoshiX: 8:25pm On Dec 15, 2024

Some people will not be able with this.

1 Like

Re: Nigeria Clears N85bn, $54m ECOWAS Levy After 19 Years by Olachase(m): 8:26pm On Dec 15, 2024

If this is true

Then I am happy to hear that

@President Bola Tinubu is trying all his possible best though not enough

7 Likes 1 Share

Re: Nigeria Clears N85bn, $54m ECOWAS Levy After 19 Years by OmoAtiba(m): 8:26pm On Dec 15, 2024

I wish you well Sir.
I still hope for the best.

8 Likes

Re: Nigeria Clears N85bn, $54m ECOWAS Levy After 19 Years by Houseofglam7(f): 8:27pm On Dec 15, 2024

😑

Re: Nigeria Clears N85bn, $54m ECOWAS Levy After 19 Years by LandMann: 8:27pm On Dec 15, 2024

Government of misplaced priority.

Your citizens don't have security, public water and motorable roads but you can give over 150 billion to ECOWAS while begging worldbank and IMF for loans to fund your inflation inducing deficit budget

3 Likes 1 Share

Re: Nigeria Clears N85bn, $54m ECOWAS Levy After 19 Years by DeathToRiggers(f): 8:27pm On Dec 15, 2024

propaganda doesn't work on sane citizens.

Tooreda:
You also noticed how those unfortunate ones are celebrating up there. Those guys are irredeemable idiots.

Re: Nigeria Clears N85bn, $54m ECOWAS Levy After 19 Years by Flangelo12: 8:27pm On Dec 15, 2024

Nice one T-Joy.

grin

9 Likes 1 Share

Re: Nigeria Clears N85bn, $54m ECOWAS Levy After 19 Years by Kobojunkie: 8:27pm On Dec 15, 2024

Magic, Magic.... Magic, magic!!! 🤪🤪🤪🤪🤪🤪🤪🤪🤪

APC-kind magic surpasses that of witches, wizards ....🤪🤪🤪🤪🤪

1 Like

Re: Nigeria Clears N85bn, $54m ECOWAS Levy After 19 Years by SatoshiX: 8:27pm On Dec 15, 2024

DeathToRiggers:
no be achievement, ediots.

davodyguy:
What's the significance of this payment?

LandMann:
Tinubu propaganda agents working overtime to whitewash Tinubu's disastrous administration that has plunged Nigeria into untold hardship and suffering, paying poverty inducing minimum wage while raising all manners of taxes and levies above the roof.

Call me when Tinubu pushes for and gets a law to make death penalty the punishment for public officials who engage in corrupt practices passed at the national assembly. That's when I'll know Tinubu is serious.

For now, everything is propaganda.

Tooreda:
You also noticed how those unfortunate ones are celebrating up there. Those guys are irredeemable idiots.

See them, enemies of progress. Good news always makes them sad.
Una go wail tire while Nigeria will keep progressing.

14 Likes

Re: Nigeria Clears N85bn, $54m ECOWAS Levy After 19 Years by TimeManager(m): 8:28pm On Dec 15, 2024

davodyguy:
What's the significance of this payment?

Being the leader of ECOWAS, it helps to reposition the organization even better.

-Kiss the truth!

7 Likes

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