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    Nigeria: Speaker Abbas inaugurates House committee to strengthen border security

    U-17 Women’s World Cup: Speaker Abbas hails Nigeria’s Flamingos on qualification for final

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    Nigeria: Speaker Abbas inaugurates House committee to strengthen border security

    U-17 Women’s World Cup: Speaker Abbas hails Nigeria’s Flamingos on qualification for final

    Sanwo-Olu inaugurates grassroots Ambassadors to engage Lagos citizens on Tinubu’s Renewed Hope journey

    President Tinubu departs Abuja tomorrow for Akwa Ibom, Rivers

    Nigeria: FCCPC investigates possible exploitation in airfare price

    FCCPC enforces full fortification of vegetable oil, salt

    Nigeria: National Assembly plans boost funding for primary healthcare

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    Nigeria: ANA rolls out tough measures against financial mismanagement, breach of intellectual property

    Nigerian Army dismisses fake short service recruitment advertisement

    Nigerian Army releases names of successful candidates for SSCC, to report for screening Nov 23

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    Nigeria: Tinubu attaches great importance to education, others- UBEC Secretary

    SERAP urges INEC to account for alleged missing N55.9b meant to buy smart card readers, ballot papers, others

    Nigeria: INEC cancels 1.27m invalid voter records as part of clean-up exercise ahead of 2027 general elections

    EFCC boss Olukoyede bags MINILS’ Fellowship Award, says hard times await illegal miners

  • Entertainment

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    Tems makes history as first African female artiste to clinch Diamond single in U.S.

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    Funke Akindele confirms inspiration by American filmmaker Tyler Perry

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    Burna Boy edges Tems as African artiste on billboard Hot 100 entries

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    Burna Boy, Shakira set to release FIFA World Cup song “Dai Dai”

    • Life
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    • LIFE & CULTURE
  • Education
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    Nigeria: FG urges Senate to halt establishment of new federal universities, polytechnics for 7 years

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    Nigeria: FG moves to establish Armed Forces Medical College

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  • Health
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    Nigeria’s index Ebola virus disease patient leaves for Switzerland – Health Minister

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    Top oil and gas experts to speak at Realnews 14th Anniversary Lecture Series

    Top oil and gas experts to speak at Realnews 14th Anniversary Lecture Series

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    GOCOP condoles with NextEdition Publisher, Victoria Ibanga, on husband’s death

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    NNPCL, NLNG, Customs, Dangote, others partner with GOCOP for 2026 conference

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    • CSR
    • Jobs
    • Labour
    • Law
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    Namibia President calls Dangote’s $2.5b energy investment a landmark for Africa’s industrial future

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    Japaul Gold & Ventures sets October 28 for board meeting to review Q3 2026 Financials as share trading closed period takes effect

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    Dangote unveils Pan-African energy distribution network, calls for stronger protection of local industries

    Dangote unveils Pan-African energy distribution network, calls for stronger protection of local industries

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ECOWAS records 4.6% growth in 2025 amid global economic headwinds

by NAN
January 30, 2026
in Africa, Economy
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ECOWAS raises the alarm over rising terrorism in West Africa

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ECOWAS President, Dr Omar Touray, says the bloc recorded 4.6 per cent economic growth in 2025, in spite of global economic challenges, and envisages 5 per cent growth in 2026.

Touray disclosed this on Thursday in Abuja during a meeting with development partners, while highlighting the commission’s 2025 Annual Report.

He said that ECOWAS outperformed the continental average in 2025 through structural reforms, rising investment in mining and energy, improved regional trade facilitation, and a strong rebound in services, transport and tourism.

“This robust performance is driven by structural reforms, rising investment in mining and energy, improvement in regional trade facilitation and a strong rebound in services, transport and tourism,” he said.

According to him, inflation, though still elevated in some member states, has declined in others due to coordinated monetary policies and improved food supply conditions.

“Our fiscal deficits have narrowed significantly as governments strengthen revenue mobilisation and rationalise public expenditure,” Touray said.

“Our debt-to-GDP ratio has also declined modestly, reflecting strong nominal growth and improved macroeconomic management,” he said.

He noted that the sub-region’s external position remained sound, with a strengthened current account surplus, which is supported by high export earnings from oil, gold and bauxite.

“We are meeting at a time when the global economy is undergoing profound transformation.

“Geopolitical tensions, restructuring of supply chains and the rapid acceleration of digital and green transitions continue to reshape the global economic system,” he said.

He further noted that global growth slowed in 2025 and uncertainty remained high, even as inflation eased slightly, but said Africa had continued to demonstrate resilience.

“Yet in the midst of these global headwinds, Africa continues to demonstrate remarkable resilience.

“Growth is recovering, inflation is declining, and political stability has improved in a number of countries,” the commission’s president said.

Touray said that peace and security remained at the core of the bloc’s mandate, adding that ECOWAS intensified preventive diplomacy, mediation and democratic support across the region in 2025.

“Peace and security remain at the heart of our mandate, because insecurity in parts of the region remains a major concern,” he stressed.

He said that ECOWAS would continue to manage the implications of the withdrawal of its three Sahel State members Burkina Faso, Mali and Niger, while keeping channels open for constructive engagement.

Touray disclosed that the ECOWAS Committee of Chiefs of Defence Staff completed the rotation of the Standby Force and reinforced preparations for both the Standby Force and the 1,650 strong Counterterrorism Brigade.

He said progress was made in combating organised crime and terrorism, with ECOWAS formally taking over the West Africa Police Information System after 12 years under Interpol.

He, however, noted that the reduced cooperation with the Alliance of Sahel States owing to their exit had complicated counterterrorism efforts.

“While attacks declined slightly, fatalities increased due to the rising use of improvised explosive devices,” Touray said.

On governance, Touray said ECOWAS supported several member states, including Côte d’Ivoire, Guinea and Guinea-Bissau, in electoral preparations, transitions and reforms.

He said the bloc recorded steady progress in economic integration, including the launch of the second phase of the pre-movement and migration project and validation of the ECOWAS Visa Online approach.

“Seven of our member states are now implementing the ECOWAS National Biometric Identity Card, and the most recent one is the Federal Republic of Nigeria,” he said.

Touray said ECOWAS’ support for women and youth yielded results, with more than 1,300 small-scale cross-border traders and 50 women-led SMEs benefiting from capacity-building programmes, while digital skills training expanded opportunities for rural women.

According to him, the commission committed about 8 million dollars to humanitarian emergencies and disaster risk reduction, while drug rehabilitation services expanded to 10 centres across the region.

On regional infrastructure and energy, the commission’s president said ECOWAS mobilised over $42 million for regional road network preparatory studies and advanced preparations for the Praia–Dakar–Abidjan Corridor, supported by the African Development Bank.

He reaffirmed ECOWAS’ zero tolerance for unconstitutional changes of government.

“There is now zero tolerance for anti-constitutional behaviour in the region.

“ECOWAS stands for no coups, and we will continue to maintain that position,” he said.

On recent political developments in Guinea-Bissau, he called for a short transition led by an inclusive government with a limited mandate to undertake constitutional and electoral reforms.

Touray also announced that sanctions on the Republic of Guinea had been lifted following satisfactory elections in country.

“This is the first time since my arrival in ECOWAS that I am sitting in front of the Ambassador of Guinea in an ECOWAS meeting.

“Guinea has been welcomed back as a full-fledged member of ECOWAS,” he said.

While expressing satisfaction with developments in the sub-region, Touray said it was gratifying to note that the bloc remained on course, in spite of the formidable challenges it faced in 2025,.

“The progress outlined reflects the resilience, determination and unity of our community.

“The vision of a peaceful, prosperous and fully integrated West Africa remains within reach,” he added.

Tags: ECOWASNigeria
NAN

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