Saturday, December 21, 2024

President Tinubu pays ECOWAS 85bn, $54m community levy

Economic Community of West African States (ECOWAS) have been paid 85 billion and $54 million as community levy.

It was revealed by the President of the ECOWAS Commission, Omar Touray, at the State House, Abuja, during his speech at the 66th Ordinary Session of the Authority of Heads of State and Government of the ECOWAS.

He noted that the levy was paid on Friday, December 13, 2024.

He said, “Our community levy remittances continue to be slow, a number of countries have fallen behind in their commitment to levy remittances.

“The good news is that for the first time in 19 years, Nigeria has decided to pay 100 percent of its community levy up to 2023, Nigeria paid N85 billion naira and 54 million US dollars, representing 100 percent of the 2023 levy and the level of 2024 up to July 2024. The money was paid on Friday, December 13, 2024.

“This payment underscores the leadership and commitment of President Bola Ahmed Tinubu, the government and the people of Nigeria to the ECOWAS community. At a more personal level, it underscores a mark of confidence in the ECOWAS that I have been privileged to led since 2022. My colleagues and I are deeply grateful.”

President Tinubu emphasized on the significance of co-operation among the members of the commission and the need to share same vision to tackle challenges.

“The world is confronted with challenges raging from crisis, from Sudan, Middle East and violent extremism and environmental challenges.

“Many of challenges have impacted our region and the reality underscores the reality of working together.”

 

Blessing Ajoku
Blessing Ajokuhttp://naijatraffic.ng
Blessing Ajoku is a dedicated journalist with NaijaTraffic News, specializing in breaking news coverage on politics, business, and local developments. With a sharp eye for detail and a passion for delivering accurate, timely reports, Blessing provides in-depth analysis and keeps readers informed on key events shaping Nigeria and beyond.

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