President Bola Tinubu has been re-elected as the chairman of the Economic Community of West African States, ECOWAS.
He was re-elected at the 65th Ordinary Session of the Authority of Heads of States and Government at the Presidential Villa, Abuja, Nigeria.
President Tinubu, who accepted his re-election, appointed the President of Senegal to join in the mediation with Burkina Faso, Niger and Chad.
Meanwhile, Tinubu urged members states of the region to fulfil their financial commitments to the regional body to effectively tackle security challenges.
President Tinubu, who gave the charge at the 65th Ordinary Session of ECOWAS, said substantial financial resources are crucial to operationalize the ECOWAS Standby Force (ESF) and combat terrorism, banditry and violent extremism.
The Nigeria President, whose one-year tenure as Chairman of the ECOWAS Authority is expected to expire tomorrow, July 9, urged member states to honor their financial obligations to enable ECOWAS to meet the expectations and recommendations of its ministers of Defense and Finance.
He contended that fulfilling the commitments will help stabilize the region and counter insecurity, adding that by meeting their financial commitments, ECOWAS member states will demonstrate their dedication to regional security and cooperation, enabling the community to better address the security challenges facing West Africa.
According to him, “Let me underscore that a peaceful and secure society is essential for achieving our potentials, move to operationalise the ECOWAS Standby Force (ESF) in combating terrorism, I must emphasise that the success of this plan requires, not only strong political will, but also substantial financial resources.
“We must therefore ensure that we meet the expectations and recommendations set forth by our ministers of Defense and Finance in order to counter the insecurity and stabilise our region. Member states must make extra commitment on providing resources for stabilizing the region.
“To this end, I urge ECOWAS to leverage on the capability of the Nigeria National Counter Terrorism Center (NCTC), which is widely acknowledge as one of the best on the continent.
“The Nigerian government has decided to declare the NCTC as a regional centre to enable all ECOWAS member states benefit from capacity building and other related opportunities it offers.
“Your excellencies, dear heads of state, I urge those of you with time to visit the centre before your departure and assess first-hand on the facilities and the capabilities of NCTC”, President Tinubu said.
President Tinubu also urged ECOWAS member states to unite and develop innovative approaches to unlock the region’s economic potential and promote prosperity.
He acknowledged the economic hurdles hindering progress and stressed the need for partnerships, investment, and infrastructure development.