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Nigeria pays ECOWAS ₦85bn community levy, boosts regional cooperation

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President Bola Tinubu has paid ₦85 billion, to the Economic Community of West African States (ECOWAS), representing 100% payment for levy owed by Nigeria. This translates in to $54 million.

Omar Touray, President of the ECOWAS Commission disclosed this as part of his reports at the ongoing 66th meeting of ECOWAS in Abuja.

He disclosed that the funds represents 100 percent of the 2023 and 2024 levy, up to July, this year, adding that this is the first time, such will be made in 19 years.

Touray, while addressing the Heads of State and other participants at the ongoing 66th Ordinary Summit of the ECOWAS Authority of Heads State and Government, at the State House, Abuja, said the money was paid Friday, December 13, 2024.

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According to him, “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.

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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.”

On his part, President Tinubu said the strength of the commission is in the unity of members and ECOWAS was born out of a shared vision to create a community for citizens.

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

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

President Bola Tinubu who presided over the meeting of the Ordinary Heads of States of the Economic Community of West African States ECOWAS, as the Chairman

The President who was re- elected Chairman of ECOWAS on the 7th July, this year, had while meeting with the German President, Frank-Walter Steinmeier, recently, assured that ECOWAS will tackle the region’s challenges, including prioritise the reintegration of Mali, Niger and Burkina Fasso, into the group.

The Nigerian leader assured that ECOWAS will resolve the regional crises through diplomacy, promising to reintegrate Mali, Burkina Faso and Niger Republic back to the Union.

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Recall that President Tinubu had been Chairman of the Authority of ECOWAS Heads of State and Government since July, 2023, when he was first elected.

Mali, Burkina Faso and Niger Republic had dropped their membership of ECOWAS following Coup that brought in military regimes into those nations.

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Painful! Varsity VC dies 48hrs after taking office

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Tansian University, Umunya, Anambra State, has been thrown into mourning following the sudden death of its newly inaugurated substantive Vice-Chancellor, Professor Carter Dike Umeoduagu, barely 48 hours after assuming office.

Umeoduagu was formally sworn in as the substantive Vice-Chancellor of the university on Thursday, October 1, 2026, marking the commencement of his tenure.

However, the professor reportedly took ill on Saturday, October 3, two days after his assumption of office, and subsequently died.

His sudden death has sent shock waves through the university community, particularly coming at a time when the institution has been facing leadership challenges.

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The development is also coming amid recent controversy over the leadership of the university, including disputes surrounding the tenure of the former Vice-Chancellor, Professor Eugene Okoye Nwadialor, and the emergence of an acting leadership structure.

The death of Umeoduagu, coming almost immediately after his formal assumption of office, has added a tragic dimension to the university’s recent leadership crisis.

Details of the circumstances surrounding his illness and death were not immediately available as of the time of filing this report.

The university community, academics, colleagues, family members and associates are expected to mourn the deceased academic and administrator, whose tenure as Vice-Chancellor ended almost as soon as it began.

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Wike to Amaechi: Account for $308m power plants sale(Photos)

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… Urges Rivers to re-elect Tinubu in 2027

The Federal Capital Territory (FCT) Minister, Nyesom Wike has challenged former Rivers State Governor Rotimi Amaechi to account for the $308 million proceeds from the sale of the state-owned power plants during his administration.

Wike spoke on Sunday at a town hall meeting with leaders, elders and stakeholders of the Ogbakor Etche, in Etche Local Government of Rivers State, where he launched a fresh attack on his predecessor’s record in office.

The minister accused Amaechi of failing to translate his eight years as governor, and later eight years as Minister of Transportation, into meaningful development and opportunities for the people of Rivers State.

He specifically questioned the circumstances surrounding the sale of the state’s power plants for $308 million.

Recall that the Justice Omereji Commission of Inquiry investigated the sale and reportedly indicted the former governor. Amaechi had challenged the commission’s report in court, but the case was subsequently dismissed by the High Court, Court of Appeal and the Supreme Court.

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Wike said; “Amaechi sold the gas turbine power stations for $308 million. Where is the money? What did Rivers people get from it?

“So, where is the money? Rivers people are asking: what happened to the $308 million?”

The minister also challenged Amaechi to point to his achievements for the people during his eight years as governor between 2007 and 2015.

“When you had the opportunity to be governor of Rivers State, what did you bring to our people?” Wike asked.

“From Igwuruta to Chokochoko, it was a problem. From Chokochoko to Omoku, it was a problem.

“You became Minister of Transportation for eight years. Which person from our area did you bring to the limelight? Mention just one!”

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Wike urged the people of Etche to reject politicians whose primary concern, he said, was political survival rather than development of their communities.

He said political support should be based on tangible achievements and opportunities delivered to the people.

The minister cited what he described as concrete gains secured for the area, including the appointment of Professor Dimiri Mercury as Vice-Chancellor of Rivers State University and the establishment of the university’s Faculty of Agriculture campus in the area.

He also mentioned political appointments involving Senator Allwell Onyesoh and House of Representatives member Kelechi Wogu as part of the benefits of political engagement and alliances.

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Wike said; “Politics is not about what one person will gain. Politics is about what your people will gain.

“Ask yourself; what has this person brought to our people? What has he done to improve the lives of our people? What opportunities have been created?

“We must begin to ask these questions because politics without development is meaningless.”

Wike also praised President Bola Tinubu’s administration, saying the Federal Government’s emphasis on due process, accountability and development offered a new direction for governance.

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He urged the people to align with what he described as the President’s development-oriented agenda, rather than support politicians based solely on personal loyalty.

According to him, Tinubu’s administration has demonstrated commitment to the rule of law and transparency in the management of public resources.

“Under the Renewed Hope Agenda of President Bola Tinubu, we are witnessing a system that respects the rule of law and demands absolute transparency from public office holders,” Wike said.

“Governance is about lifting the people, not about personal aggrandisement or evading lawful inquiries into state properties.

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“When people loot or mismanage the commonwealth, the law must take its course”, he added.

The minister said the President’s focus on infrastructure and inclusive governance should encourage citizens to support leaders capable of delivering practical dividends of democracy.

Wike told the gathering that the people of the region must “wise up” politically and make decisions based on what would advance their communities.

He said political allegiance should no longer be built around individuals but around programmes, development and opportunities for the people.

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The meeting provided a platform for Wike to canvass support for what he described as a new political direction centred on development and alignment with the Tinubu administration.

He maintained that the people should judge politicians by their records in office, insisting that public office must be used to improve the welfare of the people rather than for personal political survival.

Wike and other political stakeholders had earlier paid a condolence visit to the palace of late elder statesman and member of the Rivers State council of traditional, ruler and the Etche/Ochie of Etche land, Emmanuel Opurum, who died at the age of 106.

The minister pledged to support the family in the burial arrangements.

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(Video) Again Wike queries Amaechi You Sold Rivers Power Plants For $308m, Where is the money?

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Again the Minister of Federal Capital Territory FCT Nyesom Wike has queried Rotimi Amaechi over Power Plants $308million.

He called on all national television stations to invite Amaechi and ask him where is the $308m.

The FCT Minister spoke during a Town Hall interactive meeting with the Ogbakor Etche and other stakeholders in Etche Local Government, Rivers State today.

Watch:

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