THISDAY

ECOWAS Presidents Adopt $2.3bn Budget to Counter Regional Insecurity

-

ECOWAS Heads of State and Government­s have adopted the 2020 to 2024 Action Plan to eradicate terrorism in the sub-region with a budget of $2.3 billion.

The authority adopted the budget implementa­tion during its 56th Ordinary Session held in Abuja following the call for the urgent need to address the recurring terrorist attacks in member states.

The Heads of States and Government­s have also expressed their support for the candidacy of Dr. Akinwumi Adesina, for a second term as President of the African Developmen­t Bank.

These were made known in the final communiqué read by President of the ECOWAS Commission, Mr. Jean-Claude Brou, and made available to the media yesterday in Abuja.

According to the communiqué, the Authority agreed that out of the $2.3 billion dollars, $1 billion would be financed from internal funds.

It stated that the authority expressed grave concern at the resurgence of terrorist attacks, targeted at the defence, security forces, civilians and the social and economic structures and places of worship.

The ECOWAS Presidents reaffirmed their determinat­ion to leave no stone unturned in eradicatin­g terrorism in the region, expressing solidarity with the people and government­s of affected Member States.

“The money is intended for the provision of equipment to support the defence forces of member states, training of relevant bodies and effective intelligen­ce sharing.

“The authority instructs the President of the Commission to immediatel­y set up an inclusive and transparen­t mechanism to manage funds mobilised for the implementa­tion of the action plan.

“The authority further instructs the President of the Commission to ensure the speedy disburseme­nt of the resources mobilised in other to respond efficientl­y to the urgent situation.

“The Authority decides to focus efforts in 2020 and 2021, on the implementa­tion of activities expected to quickly contribute in checking the increase and spread of terrorist attacks.

“The authority urges internatio­nal partners to provide substantia­l support for the implementa­tion of the action plan.

“To this end, it instructs the President of the Commission to organise as soon as possible a donor conference to mobilise funds, in addition to the internal resources identified by the authority.

“The authority instructs the President to build strong partnershi­ps with all stakeholde­rs in counter terrorism in the region. The Partnershi­p should be built on compliment­ary initiative­s to avoid duplicatio­n of efforts,” the communiqué stated.

Newspapers in English

Newspapers from Nigeria