President Tinubu: We Have No Problem Raising Funds To Fight Insecurity.

According to the Economic Community of West African States, raising financial resources to combat terrorism and other types of insecurity inside the sub-region is not a problem.

Bola Ahmed Tinubu, the president of Nigeria and chairman of the ECOWAS Authority of Heads of State and Government, revealed this Tuesday following a Troika meeting at the Presidential Villa in Abuja.

President Patrice Talon of Benin Republic, President Umaro Sissoco Embalo of Guinea-Bissau, President Mohammed Bazoum of Niger Republic, and ECOWAS Commission President Omar Touray attended the meeting.

Responding to a question on how the ECOWAS Commission hoped to fund its avowed campaign against terrorism and other forms of insecurity within its region, Tinubu said: “We have no problem raising funds and we have all the instrumentalities to do that. So, concerning our design and engineering of our own finances, we believe we’re capable of raising necessary funds to combat terrorism and insecurity in the region.”

Meanwhile, during their conference, West African leaders reviewed the sub-region's political and security problems, including the political transition issues in Mali, Burkina Faso, and Guinea, as well as regional security concerns.

Addressing journalists on the meeting's resolutions, Touray stated that Benin's President Talon would shortly travel on a journey to the three West African countries on behalf of the Authority of Heads of State and Government.

“Regarding the political situation in the sub-region, the leaders have reviewed the transition in Mali, Burkina Faso and Guinea. Regarding the transition in those three countries, the leaders have taken the decision to re-engage the three countries at the highest level. 

“A member of the Troika, in the person of His Excellency, the President of the Republic of Benin, will undertake a mission to these three countries on behalf of the heads of state. That mission will be undertaken shortly. 

“The leaders have reaffirmed their commitment to the expeditious transition to democracy in each of the three countries. The transition must be in accordance with ECOWAS protocols and in accordance with their individual transition charters.

“ECOWAS has resolved to support a credible and inclusive transition in each of the three countries”, he disclosed.

On security, he revealed the resolution “to provide a robust regional response to any threat to security in the region. 

“The regional response shall include the operationalization of the ECOWAS Plan of Action with the region’s own troops and regions own financing. Financing from other partners will be welcomed.”