FG Pledges $270m To ECOWAS Security Fund, $80m For Counter-Insurgency
The Federal Government planned to contribute $ 350 m to the ECOWAS Security Fund out of which $ 80m ( over N30 . 5 bn) would be spent on the counter- insurgency campaign in the North -East.
The pledge was made towards the $ 1 bn ECOWAS Regional Security Fund set up in 2019 but the amount so far contributed to the fund could not be confirmed immediately .
The Ghanaian President and Chairman of the ECOWAS Authority, Nana Akufo -Addo disclosed this during the virtual summit of the 58 th ordinary session of the ECOWAS Authority of Heads of State and Government held on Saturday .
He said the FG pledged to contribute $ 100 m in the first instance last year, out of which $ 20 m would go to the regional fund while $ 80 m would be utilised to combat terrorism in the North-East.
Akuf...