International

UPDATED: ECOWAS Relaxes Sanctions On Niger, Mali, Burkina Faso

In response to recent developments, the Economic Community of West African States (ECOWAS) has decided to ease certain economic sanctions on Niger, Mali, and Guinea. While political and targeted sanctions remain in place, the regional body has lifted some financial and economic restrictions on these nations.

The decision comes after an Extraordinary Summit of the Authority of Heads of State and Government of ECOWAS, where President Dr. Omar Alieu Touray announced the adjustments. Notably, the sanctions lifting includes measures such as reopening borders, lifting flight restrictions, and unfreezing assets.

Despite these changes, ECOWAS emphasizes that political sanctions, including limitations on attending summits and ministerial sessions, remain enforced. Additionally, the authority has lifted sanctions on Guinea and invited all four countries to participate in technical consultative meetings going forward.

However, concerns arise regarding the potential consequences of the planned withdrawal of Niger, Mali, and Burkina Faso from the community. Apart from economic setbacks, including the possible suspension of regional projects and programs worth millions of dollars, the exit may lead to job losses for citizens employed within ECOWAS and the closure of regional entities’ offices in the departing countries.

The Spectacles

The Spectacle is an online news platform that covers Nigeria. We are your one-stop Nigerian portal for all Nigerian news – politics, education, Opinion and Zamfara current affairs

Recent Posts

Zamfara Government, Labour Unions Sign MoU on New Minimum Wage

The Zamfara State Government and the state chapters of the National Labour Congress (NLC) and…

2 weeks ago

Zamfara Workers Express Disappointment Over Minimum Wage Delay

In the ongoing dispute regarding the implementation of the ₦70,000 national minimum wage, Zamfara State…

2 weeks ago

Organised Labour, Cross River Govt Reach Agreement on ₦70,000 M’Wage

The Cross River State Government and Organised Labour have reached an agreement on the implementation…

2 weeks ago

Minimum Wage: Abia Replies NLC, Distances Self From Defaulting States

The Abia State Government has strongly refuted claims by the Nigeria Labour Congress (NLC) that…

2 weeks ago

Minimum Wage: LG Workers, Primary Teachers to Benefit as NLC Reconciles with Sokoto Govt

The Nigeria Labour Congress (NLC) Sokoto State Chapter has assured local government staff and primary…

2 weeks ago

NLC Confirms Ondo Workers to Start Receiving ₦73,000 M’Wage Next Week

The Ondo State chapter of the Nigeria Labour Congress (NLC) has assured government workers that…

2 weeks ago