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Nigeria Urged To Explore ECOWAS Trading Opportunities

The Nigerian government has been advised to tap into the gains of the establishment of the Economic Community Of West African States (ECOWAS) as a … Continue reading Nigeria Urged To Explore ECOWAS Trading Opportunities


ECOWAS
ECOWAS
A former Nigeria’s Minister of Foreign Affairs, Professor Bolaji Akinyemi

The Nigerian government has been advised to tap into the gains of the establishment of the Economic Community Of West African States (ECOWAS) as a single large trading bloc.

At an event to commemorate 40 years anniversary of the ECOWAS in Abuja, Nigeria’s Federal Capital Territory, a former Nigeria’s Minister of Foreign Affairs, Professor Bolaji Akinyemi, expressed worries that in spite of the commission’s achievements, Nigeria still grapples with industrial and trade growth among other West African countries.

One of the co-founders of ECOWAS and a former Nigerian Head of State, General Yakubu Gowon, also joined Professor Akinyemi to implore future leaders to retain the credible flag of an economically viable Africa.

General Gowon also retained an analysis that Nigeria had attained some level of maturity that could only be fostered by an economically strong Africa.

In May 1975, the Leaders of 15 West African countries established the ECOWAS, to advance regional co-operation and self-sufficiency.

Forty years after, a common currency and dismantling of trade barriers remain elusive.

Celebrating the anniversary in Nigeria are diplomatic corps led by the Minister of Foreign Affairs, Ambassador Aminu Wali.