Topic: In Other News: Nigeria contributes $710m to ECOWAS, more than 13 countries  (Read 1355 times)

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Nigeria has contributed more money to the Economic Community of West African States than 13 other Members states put together in the last 12 years, statistics have shown.

Statistics on payment of the Community Levy obtained by our correspondent showed that between 2003 and 2015, Nigeria paid $710, 497,352, equivalent to 480, 355,205 West Africa Units of Account.

The West Africa UA is the official nominal monetary unit of measure or currency used to represent the real value.

The document was presented by the ECOWAS Commission as part of the Status of the Community report during an Extra-Ordinary Session of the ECOWAS Parliament.

In the same period, 13 other countries contributed a cumulative amount of 697. 947 million dollars.

More: https://punchng.com/nigeria-contributes-710m-to-ecowas-more-than-13-countries/

 

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