International
ECOWAS Intensifies Efforts On Regional Single Currency
The Economies of West African States (ECOWAS) has intensified efforts on practical arrangements for the launch of the single currency, ECO for the region following consensus reached in the implementation of the directives issued at its 65th Ordinary Session.
This was revealed in a communiqué issued at the end of the 66th ordinary session of the authority of the head of state and government meeting held in Abuja on Sunday.
The ECOWAS bloc of 15 countries had previously planned to launch the currency in 2020, but the coronavirus pandemic caused delays.
The new launch date is 2027.
The Authority said it adopted the criteria proposed by the High-Level Committee for the selection of candidate Member States for the launch of ECO or those which would join at a later stage.
It instructed the Commission, in collaboration with the West African Monetary Agency (WAMA), to ensure that these criteria are incorporated into the protocol establishing the ECOWAS Monetary Union Agreement.
The Authority also endorses the proposals of the High-LevelCommittee on the costs, sources and modalities for financing the implementation of the reforms and institutions needed to launch the ECO.
It urged the central banks and member states to take the necessary measures for the payment of their financial contributions for the operationalisation of these institutions as soon as the decision on the effective date for the launch of the ECOWAS single currency is taken.
The Heads of State also urged the High-Level Committee, in collaboration with the ECOWAS Commission, to intensify its efforts to ensure that the deadlines set for the establishment and operationalisation of the institutions needed to launch the ECO are met.
The body said it welcomed the results achieved in the implementation of the ECOWAS Agricultural Policy (ECOWAP) within the framework of food security and nutrition.
Considering the critical role of agriculture in the socio-economic development of ECOWAS member states, the Authority directed the commission to ensure a swift implementation of the regional strategy for the Development of Livestock Farming and the Security of Pastoral Systems; the Regional Rice Self-sufficiency Initiative and its road map 2025-2035; and domesticate the Comprehensive African Agriculture Development Programme (CAADP) Action Plan 2026-2035.
The Authority also welcomed the strengthening of cooperation with technical and financial partners and urged member states to work together with community institutions towards the achievement of these initiatives for food security and nutrition in the region.
The ECOWAS currency is intended to:
Improve trade
A single currency could lower trade costs and improve intraregional trade, which is currently hindered by the use of different national currencies that are not convertible within ECOWAS.
· Boost economic prosperityA single currency could boost the economic well-being and prosperity of ECOWAS countries.
Some say that the transition to a single currency will involve a short period where both the national currencies and the common currency circulate side by side.
Others suggest that the first phase of implementation should involve two distinct ECO zones, where countries peg their national currency to the ECO.
International
JUST IN: Trump Sacks US Ambassador To Nigeria, Others
The Trump administration has recalled the United States Ambassador to Nigeria, Richard M. Mills Jr., as part of a broader shake-up involving nearly 30 career diplomats serving in ambassadorial and senior embassy posts around the world.
Mills, who assumed his post in Nigeria in July 2024 during the Biden administration, is among the affected envoys who received notices last week that their tenures will end in January 2026. The move aligns with efforts to ensure U.S. diplomatic representatives fully support President Donald Trump’s “America First” foreign policy priorities.
Africa has been the most impacted region, with ambassadors recalled from 13 countries: Burundi, Cameroon, Cape Verde, Gabon, Côte d’Ivoire, Madagascar, Mauritius, Niger, Nigeria, Rwanda, Senegal, Somalia, and Uganda. Other affected regions include Asia (six countries, including the Philippines and Vietnam), Europe (four countries), the Middle East (two countries), and additional posts in South Asia and the Western Hemisphere.
Many of these diplomats were appointed under the previous Biden administration and had initially survived an earlier wave of changes that primarily targeted political appointees. Ambassadors serve at the pleasure of the president and typically hold posts for three to four years, though the administration described the recalls as a “standard process” for any new presidency.
A State Department spokesperson defended the decision, stating: “An ambassador is a personal representative of the president, and it is the president’s right to ensure that he has individuals in these countries who advance the America First agenda.”
The recalls, first reported by Politico, have raised concerns among some lawmakers and the American Foreign Service Association, the union representing U.S. diplomats. The affected career diplomats will return to Washington for potential reassignment but will no longer serve as chiefs of mission in their current postings.
International
UPDATE: Burkina Faso Releases 11 Detained Nigerian Air Force Personnel and Aircraft Following High-Level Talks
Burkina Faso has released 11 Nigerian Air Force personnel and their C-130 aircraft, ending a nearly two-week diplomatic standoff triggered by the plane’s emergency landing in the country.
The release was confirmed shortly after Nigeria’s Minister of Foreign Affairs, Ambassador Yusuf Maitama Tuggar, concluded a meeting with Burkina Faso’s President, Captain Ibrahim Traoré, on Wednesday in Ouagadougou.
Tuggar, acting as President Bola Ahmed Tinubu’s special envoy, delivered a message of solidarity and fraternity while addressing the incident involving the aircraft, which made a precautionary landing in Bobo-Dioulasso on December 8 due to technical issues en route to Portugal.
A statement from Alkasim Abdulkadir, spokesperson for Tuggar, described the resolution as amicable, noting that both nations resolved concerns over the Nigerian Air Force pilots and crew through constructive dialogue.
The Ministry of Foreign Affairs later confirmed the release of both the personnel and the aircraft, emphasizing sustained diplomatic engagement at the highest levels.
The incident had initially raised tensions, with Burkina Faso citing procedural irregularities in airspace authorization. Nigeria expressed regret over the matter while reaffirming respect for Burkina Faso’s sovereignty.
Officials on both sides highlighted the spirit of fraternity, with Tuggar praising the treatment accorded to the crew during their stay. Discussions also touched on broader cooperation in security and counter-terrorism.
The swift resolution underscores ongoing efforts to maintain neighborly relations amid regional challenges, with the personnel expected to return home imminently.
International
Nigeria’s Foreign Minister Tuggar Delivers President Tinubu’s Message of Solidarity to Burkina Faso’s Traoré Amid Diplomatic Resolution
In a high-level diplomatic engagement, Nigeria’s Minister of Foreign Affairs, Ambassador Yusuf Maitama Tuggar, met with Burkina Faso’s President, Captain Ibrahim Traoré, on Wednesday to deliver a personal message of solidarity and fraternity from President Bola Ahmed Tinubu.
The meeting, held in the Burkinabè capital, focused on strengthening bilateral ties and addressing shared regional challenges, particularly in security and counter-terrorism efforts.
Sources confirm that the visit paved the way for the swift release of 11 Nigerian Air Force personnel and their aircraft, which had been detained following an emergency landing earlier this month.
Tuggar emphasized the longstanding historical bonds between the two nations, stating after the audience: “We exchanged views on cooperation in several sectors, including the fight against terrorism. Nigeria remains committed to sustained dialogue and enhanced regional solidarity to tackle common threats.
“A key point of discussion was the recent incident involving a Nigerian C-130 aircraft that made a precautionary landing in Bobo-Dioulasso due to technical issues.
Tuggar acknowledged procedural irregularities in the airspace authorization process, expressing Nigeria’s regret and reaffirming respect for Burkina Faso’s sovereignty and international aviation norms.
The minister also distanced the Nigerian government from controversial remarks by a domestic political figure alleging mistreatment of the detained personnel, declaring: “We clearly dissociate ourselves from those comments and express our sincere regrets to the government of Burkina Faso.
“Tuggar praised President Traoré’s administration for the “spirit of fraternity” shown toward the Nigerian crew during their stay, noting Burkina Faso’s recent successes in counter-terrorism operations.
The resolution underscores Nigeria’s preference for diplomacy in resolving regional misunderstandings, with officials highlighting ongoing collaboration despite broader sub-regional tensions.
The released personnel are expected to return home shortly, marking a positive step in Nigeria-Burkina Faso relations.
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