ECONOMIC COMMUNITY OF WEST AFRICAN STATES (ECOWAS)

Ecowas is a sub-region organization formed by fifteen West African countries in 1975. Lagos was originally its headquarters before it was moved to Abuja. It now has sixteen members states as a result of the inclusion of Cape-Verde. Ecowas’ main aim is to promote economic co-operation among members geared towards the development of the sub-region and African continent.

Aims and Objectives of ECOWAS

1. Promotion of co-operation and development among member nations. This is the major reason behind the formation of ECOWAS; the need for co-operation and development. This development agenda was envisioned to cut across all sector of each of the member states’ economies. The end result of this is to raise the standard of living of citizen of member country.

2. Harmonization of Policies. The commission also aim at harmonizing the different sectoral policies of member states, for example harmonization of agricultural policies, harmonization of monetary policies, etc…

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