• LOGIN
  • WEBMAIL
  • CONTACT US
Saturday, May 17, 2025
21st CENTURY CHRONICLE
  • HOME
  • NEWS
    • BREAKING NEWS
    • LEAD OF THE DAY
    • NATIONAL NEWS
    • AROUND NIGERIA
    • INTERVIEWS
    • INTERNATIONAL
  • INVESTIGATIONS
    • EXCLUSIVE
    • INFOGRAPHICS
    • SPECIAL REPORT
    • FACT CHECK
  • BUSINESS
    • AVIATION
    • BANKING
    • CAPITAL MARKET
    • FINANCE
    • MANUFACTURING
    • MARITIME
    • OIL AND GAS
    • POWER
    • TELECOMMUNICATION
  • POLITICS
  • CHRONICLE ROUNDTABLE
  • OUR STAND
  • COLUMNS
  • OTHERS
    • BLAST FROM THE PAST
    • ON THE HOT BURNER
    • FEATURES
    • SPORTS
    • ENTERTAINMENT
      • KANNYWOOD
      • NOLLYWOOD
    • BAZOOKA JOE
    • THIS QUEER WORLD
    • FIGURE OF THE DAY
    • QUOTE OF THE DAY
    • INSURGENCY
    • CRIME
No Result
View All Result
  • HOME
  • NEWS
    • BREAKING NEWS
    • LEAD OF THE DAY
    • NATIONAL NEWS
    • AROUND NIGERIA
    • INTERVIEWS
    • INTERNATIONAL
  • INVESTIGATIONS
    • EXCLUSIVE
    • INFOGRAPHICS
    • SPECIAL REPORT
    • FACT CHECK
  • BUSINESS
    • AVIATION
    • BANKING
    • CAPITAL MARKET
    • FINANCE
    • MANUFACTURING
    • MARITIME
    • OIL AND GAS
    • POWER
    • TELECOMMUNICATION
  • POLITICS
  • CHRONICLE ROUNDTABLE
  • OUR STAND
  • COLUMNS
  • OTHERS
    • BLAST FROM THE PAST
    • ON THE HOT BURNER
    • FEATURES
    • SPORTS
    • ENTERTAINMENT
      • KANNYWOOD
      • NOLLYWOOD
    • BAZOOKA JOE
    • THIS QUEER WORLD
    • FIGURE OF THE DAY
    • QUOTE OF THE DAY
    • INSURGENCY
    • CRIME
No Result
View All Result
21st Century Chronicle
No Result
View All Result
Your ads here Your ads here Your ads here
ADVERTISEMENT

ECOWAS: Celebrating 50 years amidst challenges

by Ismaila Umaru Lere
May 8, 2025
in Column, Lead of the Day, The write might
0
Everything to play for as night becomes day
Share on FacebookShare on TwitterShare on TelegramShare on WhatsApp

 

The Economic Community of West African States (ECOWAS) marked its 50th anniversary recently, a significant milestone for a regional organization established with the vision of fostering economic integration and political stability among its member states. Founded on May, 1975, ECOWAS was born out of the desire to create a unified economic bloc in West Africa to accelerate development, deepen regional cooperation and promote peace. Half a century later, the organization finds itself at a crossroads, facing numerous challenges that threaten to undermine its foundational goals. These challenges include the recent withdrawal of member states Mali, Burkina Faso, and Niger, accusations of being subservient to Western powers, and the long-standing delay in establishing a single currency for the region.

READ ALSO

Tinubu hosts Alafin of Oyo at State House

Marte attack: Terrorists recycling old videos for propaganda – DHQ

ECOWAS was created against the backdrop of newly independent West African states seeking to break free from colonial economic legacies and create a collective future. Its founding objectives included the promotion of economic integration through the removal of trade barriers, harmonization of policies, and coordinated economic planning. Politically, ECOWAS was also charged with ensuring peace and security in the region through mechanisms that could manage conflicts and safeguard democracy.

Over time, ECOWAS expanded from an initial eight members to 15 countries covering a population of approximately 400 million people. The organization has successfully launched a number of initiatives: the ECOWAS Trade Liberalization Scheme (ETLS), a regional parliament, a stand-by force known as ECOMOG deployed in peacekeeping missions, and negotiations toward a common currency, the ECO. These strides have contributed to periods of economic growth and relative peace for several member states. However, these successes have been tempered by persistent challenges that threaten to derail integration efforts.

One of the gravest recent challenges to ECOWAS’s unity is the political instability in three member states: Mali, Burkina Faso, and Niger. These countries have experienced military coups and are currently governed by military juntas that have suspended constitutional rule. In response, ECOWAS imposed sanctions and suspensions on these states from the organization.

In a controversial response, Mali, Burkina Faso, and Niger announced their withdrawal from ECOWAS, igniting fears of destabilization and fragmentation within the bloc. This unprecedented move undermines ECOWAS’s authority and raises questions about its ability to enforce democratic norms and manage political crises. The withdrawals challenge the norm of collective action and solidarity, exposing fault lines between member states’ domestic political realities and the community’s common objectives.

The withdrawals are also reflective of deeper frustrations in these countries with the perceived interference of ECOWAS in their internal affairs, as well as broader geopolitical tensions. It signals a crisis of confidence in ECOWAS’s role as a mediator and enforcer of regional stability.

Alongside internal challenges, ECOWAS faces accusations from some quarters of being a subservient body to Western powers, which undermines its legitimacy in the eyes of certain member states and populations. Critics argue that ECOWAS’s decisions and policies are often influenced or driven by external actors, particularly former colonial powers and Western countries with vested interests in the region’s natural resources and strategic access.

This perception has been fueled by incidents such as military interventions and sanctions perceived as aligned with Western geopolitical agendas rather than purely regional interests. Furthermore, Western financial and technical assistance to ECOWAS sometimes comes with conditions that are seen as limiting the bloc’s autonomy.

These accusations are significant because they challenge the narrative of regional ownership of development and security. They also complicate ECOWAS’s efforts to present itself as an independent and credible actor capable of resolving regional problems impartially.

One of ECOWAS’s most ambitious objectives is the creation of a single currency, the ECO, intended to facilitate trade, investment, and economic integration among member states. The ECO is envisioned to replace existing national currencies and unify the region’s complex and fragmented monetary landscape, thereby enhancing intra-regional trade and economic stability.

Despite numerous plans and deadlines set since the 1980s, the ECO has yet to be launched. Several obstacles have impeded this process, including economic disparities among member states, weak financial institutions, structural challenges, and political disagreements. The bloc’s diversity in terms of currency regimes—some members use the West African CFA franc pegged to the euro, while others have independent currencies—adds complexity to this integration.

The delay in attaining a single currency is a setback to ECOWAS’s economic integration agenda. It limits the bloc’s competitiveness in global markets and reduces the potential benefits that a unified economic space could bring to millions of West Africans. More importantly, it reflects deeper issues of trust, coordination, and political will among member states.

Celebrating 50 years is an opportune moment for reflection and recommitment. The challenges faced by ECOWAS, while significant, are not insurmountable. Strengthening the organization requires addressing the root causes of recent crises and rethinking its role in a changing geopolitical landscape.

First, ECOWAS must re-engage with member states that have suspended or withdrawn, prioritizing dialogue and mediation aimed at restoring constitutional order while respecting sovereignty. A nuanced approach that balances sanctions with diplomacy could be more effective in achieving peace and stability.

Second, ECOWAS must work to reclaim ownership of its agenda by reducing dependency on external actors and promoting homegrown solutions. Enhancing transparency in decision-making and reinforcing institutional independence can strengthen credibility.

Third, economic integration must be prioritized with renewed vigor. Member states need to accelerate the convergence criteria necessary for monetary union and invest in building robust financial institutions. Supporting economic diversification and infrastructure development will also create a more conducive environment for integration.

Lastly, ECOWAS must enhance its communication with citizens across West Africa to build awareness and support for the regional project. The success of ECOWAS depends not only on political leaders but also on popular buy-in, which requires clear articulation of benefits and addressing concerns about the bloc’s relevance.

ECOWAS’s 50th anniversary is a testament to the enduring aspiration of West African countries toward unity and collective progress. However, its journey is marked by significant trials that question the realization of its lofty goals. The recent withdrawal of Mali, Burkina Faso, and Niger, accusations of subservience to Western interests, and the delayed launch of a single currency underscore the complexities facing regional integration.

To transcend these challenges, ECOWAS must evolve into a more cohesive, autonomous, and effective organization. Its future lies in its ability to adapt to changing political realities, deepen economic ties, and regain the trust of its member states and citizens. Only then can ECOWAS fulfill its promise of creating a prosperous, peaceful, and integrated West Africa for generations to come.

 

Related Posts

Tinubu hosts Alafin of Oyo at State House

Tinubu hosts Alafin of Oyo at State House

May 16, 2025
DHQ dismisses Niger’s MNJTF withdrawal

Marte attack: Terrorists recycling old videos for propaganda – DHQ

May 16, 2025
Tinubu meets security chiefs in State House

Tinubu meets security chiefs in State House

May 16, 2025
Abuja’s first living-donor kidney transplant successful

Abuja’s first living-donor kidney transplant successful

May 16, 2025
Prohibiting parade of suspects hinders crime control — Lagos CP

Five arrested for alleged sale of two-week-old baby

May 16, 2025
Tinubu to participate in G20 leaders’ summit in Brazil

We’re better off together, Tinubu tells Malian leader

May 16, 2025
No Result
View All Result

Recent Posts

  • Naira ends week strong against dollar
  • Tinubu hosts Alafin of Oyo at State House
  • FAAC: FG, states, LGs share N1.681 trillion for April
  • Flynas airlifts 50% of pilgrims to Saudi Arabia in one week
  • Unfolding agenda of the sole administrator at UniAbuja, by Tunde S. Kwairanga

Archives

  • May 2025
  • April 2025
  • March 2025
  • February 2025
  • January 2025
  • December 2024
  • November 2024
  • October 2024
  • September 2024
  • August 2024
  • July 2024
  • June 2024
  • May 2024
  • April 2024
  • March 2024
  • February 2024
  • January 2024
  • December 2023
  • November 2023
  • October 2023
  • September 2023
  • August 2023
  • July 2023
  • June 2023
  • May 2023
  • April 2023
  • March 2023
  • February 2023
  • January 2023
  • December 2022
  • November 2022
  • October 2022
  • September 2022
  • August 2022
  • July 2022
  • June 2022
  • May 2022
  • April 2022
  • March 2022
  • February 2022
  • January 2022
  • December 2021
  • November 2021
  • October 2021
  • September 2021
  • August 2021
  • July 2021
  • June 2021
  • May 2021
  • April 2021
  • March 2021
  • February 2021
  • January 2021

Categories

  • A Nigerian elder reflects
  • Agriculture
  • Analysis
  • Around Nigeria
  • Arts
  • Automobile
  • Aviation
  • Banking
  • Bazooka Joe
  • Blast from the past
  • Books
  • Breaking News
  • Business Scene
  • Capital Market
  • Cartoons
  • Chronicle Roundtable
  • Column
  • Crime
  • Culture
  • Defence
  • Development
  • Diplomacy
  • Economy
  • Education
  • Entertainment
  • Environment
  • Exclusive
  • Extra
  • Fact Check
  • Features
  • Figure of the day
  • Finance
  • For the record
  • Fragments
  • Gender
  • Health
  • Housing
  • Human rights
  • Humanitarian
  • ICT
  • Infographics
  • Insecurity
  • Insurance
  • Insurgency
  • Interesting
  • Interviews
  • Investigations
  • Judiciary
  • Kannywood
  • Labour
  • Lead of the Day
  • Legal
  • Letters
  • Lifestyle
  • Literature
  • Live Updates
  • Manufacturing
  • Maritime
  • Media
  • Metro News
  • Mining
  • My honest feeling
  • National News
  • National news
  • News
  • News International
  • Nollywood
  • Obituaries
  • Oil and Gas
  • On the hot burner
  • On the one hand
  • On The One Hand
  • Opinion
  • Our Stand
  • Pension
  • People, Politics & Policy
  • Philosofaith
  • Photos of the day
  • Politics
  • Power
  • Profile
  • Property
  • Quote of the day
  • Railway
  • Religion
  • Rights
  • Science
  • Security
  • Special Report
  • Sports
  • Technology
  • Telecommunication
  • The Plumb Line
  • The way I see it
  • The write might
  • This queer world
  • Tourism
  • Transport
  • Tributes
  • Uncategorized
  • Video
  • View from the gallery
  • Women

Meta

  • Log in
  • Entries feed
  • Comments feed
  • WordPress.org
  • PRIVACY POLICY
  • CONTACT US
  • ABOUT US

© 2020 21st Century Chronicle

No Result
View All Result
  • HOME
  • NEWS
    • BREAKING NEWS
    • LEAD OF THE DAY
    • NATIONAL NEWS
    • AROUND NIGERIA
    • INTERVIEWS
    • INTERNATIONAL
  • INVESTIGATIONS
    • EXCLUSIVE
    • INFOGRAPHICS
    • SPECIAL REPORT
    • FACT CHECK
  • BUSINESS
    • AVIATION
    • BANKING
    • CAPITAL MARKET
    • FINANCE
    • MANUFACTURING
    • MARITIME
    • OIL AND GAS
    • POWER
    • TELECOMMUNICATION
  • POLITICS
  • CHRONICLE ROUNDTABLE
  • OUR STAND
  • COLUMNS
  • OTHERS
    • BLAST FROM THE PAST
    • ON THE HOT BURNER
    • FEATURES
    • SPORTS
    • ENTERTAINMENT
      • KANNYWOOD
      • NOLLYWOOD
    • BAZOOKA JOE
    • THIS QUEER WORLD
    • FIGURE OF THE DAY
    • QUOTE OF THE DAY
    • INSURGENCY
    • CRIME

© 2020 21st Century Chronicle

This website uses cookies. By continuing to use this website you are giving consent to cookies being used. Visit our Privacy and Cookie Policy.