President of ECOWAS Commission, Marcel Alain de Souza has revealed that the commission has concluded plans for sub-regional development projects worth 29.66 billion dollars for the period of 2018 to 2022.
De who, was represented by the commission’s Vice President, Edward Singhatey, made the disclosure on Wednesday, while presenting the Status Report on the State of the Community to the Second Ordinary Session of the ECOWAS Parliament in Abuja.
He mentioned that the projects would come under the Community Development Programme and cover seven priority sectors including infrastructure, energy, agriculture and health estimated at US $29.66 billion.
“In order to mobilise funds for the realisation of these priority projects for the region, a donor’s roundtable on the projects will hold in Abidjan on 25th and 26th January.”
He added that only Gambia, Mauritania and Nigeria were yet to sign the Economic Partnership Agreement (EPA) between the European Union and West Africa.
He added the commission had organised workshops for the Manufacturers Association of Nigeria and other trade unions to recognize the benefit of the partnership.
De Souza also said that the meeting of the Presidential Task Force on the proposed ECOWAS single currency was scheduled to hold in Feb. 2018.
He said the EPA, ECOWAS single currency, the Common External Tariff among others, were plans aimed at advancing integration, intraregional trade and international cooperation.
