• Login
  • Register
Nairametrics
  • Home
  • Exclusives
    • Recapitalization
      • Access Holdings Offer
      • Fidelity Bank Offer
      • GTCO Offer
      • Zenith Bank Offer
    • Financial Analysis
    • Corporate Stories
    • Interviews
    • Investigations
    • Metrics
    • Nairalytics
  • Economy
    • Business News
    • Budget
    • Public Debt
    • Tax
  • Markets
    • Currencies
    • Cryptos
    • Commodities
    • Equities
      • Company Results
      • Dividends
      • Public Offer & Right Issues
      • Stock Market News
    • Fixed Income
    • Funds Management
    • Securities
  • Sectors
    • Agriculture
    • Aviation
    • Company News
    • Consumer Goods
    • Corporate Updates
    • Corporate deals
    • Corporate Press Releases
    • Energy
    • Entertainment
    • Financial Services
    • Health
    • Hospitality & Travel
    • Manufacturing
    • Real Estate and Construction
    • Renewables & Sustainability
    • Tech News
  • Financial Literacy
    • Career tips
    • Personal Finance
  • Lifestyle
    • Billionaire Watch
    • Profiles
  • Opinions
    • Blurb
    • Market Views
    • Op-Eds
    • Research Analysis
  • Home
  • Exclusives
    • Recapitalization
      • Access Holdings Offer
      • Fidelity Bank Offer
      • GTCO Offer
      • Zenith Bank Offer
    • Financial Analysis
    • Corporate Stories
    • Interviews
    • Investigations
    • Metrics
    • Nairalytics
  • Economy
    • Business News
    • Budget
    • Public Debt
    • Tax
  • Markets
    • Currencies
    • Cryptos
    • Commodities
    • Equities
      • Company Results
      • Dividends
      • Public Offer & Right Issues
      • Stock Market News
    • Fixed Income
    • Funds Management
    • Securities
  • Sectors
    • Agriculture
    • Aviation
    • Company News
    • Consumer Goods
    • Corporate Updates
    • Corporate deals
    • Corporate Press Releases
    • Energy
    • Entertainment
    • Financial Services
    • Health
    • Hospitality & Travel
    • Manufacturing
    • Real Estate and Construction
    • Renewables & Sustainability
    • Tech News
  • Financial Literacy
    • Career tips
    • Personal Finance
  • Lifestyle
    • Billionaire Watch
    • Profiles
  • Opinions
    • Blurb
    • Market Views
    • Op-Eds
    • Research Analysis
Nairametrics
Home Business News

ECOWAS agrees on $2.4 billion fund for regional counter-terrorism force

Caleb Obiowo by Caleb Obiowo
May 8, 2024
in Business News
ECOWAS
Share on FacebookShare on TwitterShare on Linkedin

The Economic Community of West African States (ECOWAS) has announced that Heads of States of its member states have agreed to raise $2.4 billion to establish a standby counter-terrorism force to address security threats within the sub-region.

Ambassador Abdel-Fatau Musah, Commissioner of Political Affairs, Peace, and Security of ECOWAS, disclosed this during the opening of a three-day consultative meeting of commandants from the three designated ECOWAS Training Centres of Excellence on Tuesday.

Musah emphasized that the counter-terrorism force would function as a rapid reaction unit, comprising a battalion capable of confronting terrorist strongholds that have been proliferating in the region.

MoreStories

NDLEA arrests Milan-bound passenger for ingesting 82 wraps of cocaine at Kano airport 

NDLEA arrests Milan-bound passenger for ingesting 82 wraps of cocaine at Kano airport 

February 23, 2026
Meet the owners of Nigeria’s largest cinemas  

Meet the owners of Nigeria’s largest cinemas  

February 22, 2026

“This is the decision, and in the coming weeks, ECOWAS has already with the Chief of Defence Staffs, developed operational modalities, the concept of operations and everything for us to aggregate.

“It will be something like an advanced rapid reaction force of a battalion that will be able to confront terrorists’ bases.

“The Heads of States have decided that on the first year, we must raise about 2.4 billion dollars to support the operation of this force in order to face the terrorists,” Musah stated.

The three centers of excellence for the ECOWAS counter-terrorism force are: the National Defence College in Nigeria, the Kofi Annan International Peacekeeping Training Centre in Ghana, and the Ecole de Maintien de la Paix Alioune Blondin Beye in Mali.

Musah further disclosed that out of the agreed $2.5 billion for the counter-terrorism standby force, the Heads of States of the bloc’s member states have directed member states to contribute $1 billion to commence the operation of the standby force.

He also explained that ministers of defence and finance from the sub-region would be meeting to fashion out funding modalities for the counter-terrorism force.

What you should know

  • In recent years, the West African region has grappled with coups and the overthrow of civilian governments in several countries, notably Niger, Mali, and Burkina Faso.
  • These military takeovers have raised significant security concerns within the West African bloc, prompting ECOWAS to impose sanctions on the affected nations.
  • In January 2024, the military administrations of Mali, Niger, and Burkina Faso declared their withdrawal from ECOWAS, citing perceived injustices stemming from the sanctions imposed by the organization. However, ECOWAS clarified that Burkina Faso, Niger, and Mali remain members of the bloc until they officially declare their intent to withdraw.
  • It is worth noting that Burkina Faso and other nations in the region have been ravaged by terrorism in recent times, highlighting the urgent need for ECOWAS to establish a standby force to safeguard the region and enhance security, as disclosed by Ambassador Abdel-Fatau Musah, Commissioner of Political Affairs, Peace, and Security of ECOWAS.

Add Nairametrics on Google News
Follow us for Breaking News and Market Intelligence.
Tags: Ambassador Abdel-Fatau MusahCounter-terrorismECOWASGhana
Caleb Obiowo

Caleb Obiowo

Caleb Obiowo is a graduate of Urban and Regional Planning from the University of Uyo. At Nairametrics, he covers transport and logistics in Nigeria, along with real estate, construction, and aviation. He focuses on delivering clear, easy-to-understand stories and often digs deeper into industry issues through conversations with key players.

Next Post
Aliko Dangote

Aliko Dangote Foundation, WEF announce 2024 class of Dangote Fellows

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

rabafast

nairametrics








DUNS

Follow us on social media:

  • HOME
  • ABOUT NAIRAMETRICS
  • CONTACT US
  • DISCLAIMER
  • ADs DISCLAIMER
  • COPYRIGHT INFRINGEMENT

© 2026 Nairametrics

Welcome Back!

Login to your account below

Forgotten Password? Sign Up

Create New Account!

Fill the forms below to register

All fields are required. Log In

Retrieve your password

Please enter your username or email address to reset your password.

Log In
Social Media Auto Publish Powered By : XYZScripts.com
No Result
View All Result
  • Home
  • Exclusives
    • Recapitalization
      • Access Holdings Offer
      • Fidelity Bank Offer
      • GTCO Offer
      • Zenith Bank Offer
    • Financial Analysis
    • Corporate Stories
    • Interviews
    • Investigations
    • Metrics
    • Nairalytics
  • Economy
    • Business News
    • Budget
    • Public Debt
    • Tax
  • Markets
    • Currencies
    • Cryptos
    • Commodities
    • Equities
      • Company Results
      • Dividends
      • Public Offer & Right Issues
      • Stock Market News
    • Fixed Income
    • Funds Management
    • Securities
  • Sectors
    • Agriculture
    • Aviation
    • Company News
    • Consumer Goods
    • Corporate Updates
    • Corporate deals
    • Corporate Press Releases
    • Energy
    • Entertainment
    • Financial Services
    • Health
    • Hospitality & Travel
    • Manufacturing
    • Real Estate and Construction
    • Renewables & Sustainability
    • Tech News
  • Financial Literacy
    • Career tips
    • Personal Finance
  • Lifestyle
    • Billionaire Watch
    • Profiles
  • Opinions
    • Blurb
    • Market Views
    • Op-Eds
    • Research Analysis
  • Login
  • Sign Up

© 2026 Nairametrics