• Contact Us
  • About Us
Tuesday, June 30, 2026
  • Login
MetroBusinessNews
  • Home
  • Economy
  • Politics
  • News
  • Companies and Markets
  • Energy
  • Sports
  • Real Estate
No Result
View All Result
  • Home
  • Economy
  • Politics
  • News
  • Companies and Markets
  • Energy
  • Sports
  • Real Estate
No Result
View All Result
MetroBusinessNews
No Result
View All Result
ADVERTISEMENT
Home News

West African Juntas Impose 0.5% Levy On Goods From Nigeria, Other ECOWAS Nations

metro by metro
March 31, 2025
in News
0
West African Juntas Impose 0.5% Levy On Goods From Nigeria, Other ECOWAS Nations
0
SHARES
0
VIEWS

 

 

Read Also

‘Families Torn Apart’ As Nigerians, Others Evacuated Over Migrant Sweep

US Carries Out Fresh Strikes Against Iran After Tanker Struck In Hormuz, Escalating Hostilities

Heatwaves Trigger Massive Poultry Losses Across France

Mali, Burkina Faso and Niger have announced a new 0.5% levy on imported goods from Nigeria and other Economic Community of West African States (ECOWAS) member-nations.

The development comes as they seek to fund a new three-state union after leaving the larger regional economic bloc, they said in a statement.

According to an official statement by the trio, the levy was agreed on Friday and will take effect immediately.

It will affect all goods imported from outside the three countries but will not include humanitarian aid, the statement said.

It will “finance the activities” of the bloc, it said, without giving details.

 

READ ALSO:I Can Sacrifice My 2027 Ambition For Better Candidate, Says SDP’s Adebayo

The move ends free trade across West Africa, whose states have for decades fallen under the umbrella of the ECOWAS, and highlights the rift between the three states that border the Sahara Desert and influential democracies like Nigeria and Ghana to the south.

The three countries, each ruled by military juntas that came to power through recent coups in 2023, had established the Alliance of Sahel States as a security agreement following their exit from ECOWAS bloc.

Over time, this alliance evolved into an aspiring economic union with plans to promote deeper military and financial integration, including introducing biometric passports.

Last year, the three nations left ECOWAS, citing claims that the bloc had not sufficiently supported them in fighting Islamist insurgencies and addressing insecurity in their countries.

In retaliation, ECOWAS had imposed economic, political and financial sanctions on the three in a bid to force them to return to constitutional order, to little effect.

 

Previous Post

I Can Sacrifice My 2027 Ambition For Better Candidate, Says SDP’s Adebayo

Next Post

Power Generation Faces Downturn, Falls By 1.64%, Says CBN

Related Posts

‘Families Torn Apart’ As Nigerians, Others Evacuated Over Migrant Sweep
News

‘Families Torn Apart’ As Nigerians, Others Evacuated Over Migrant Sweep

June 30, 2026
Trump
News

US Carries Out Fresh Strikes Against Iran After Tanker Struck In Hormuz, Escalating Hostilities

June 28, 2026
Heatwaves Trigger Massive Poultry Losses Across France
News

Heatwaves Trigger Massive Poultry Losses Across France

June 24, 2026
LPPC Suspends Mike Ozekhome From SAN Rank
News

LPPC Suspends Mike Ozekhome From SAN Rank

June 24, 2026
Next Post
CBN

Power Generation Faces Downturn, Falls By 1.64%, Says CBN

African Banks In Hot Pursuit Of Kenya’s Profits Face Tough Local Rivals

African Banks In Hot Pursuit Of Kenya’s Profits Face Tough Local Rivals

June 30, 2026
Paraguay Beat Germany On Penalties To Reach World Cup Last 16

Paraguay Beat Germany On Penalties To Reach World Cup Last 16

June 30, 2026
Pitfalls Of Proposed State Police- Agbakoba, Omole, Others

Pitfalls Of Proposed State Police- Agbakoba, Omole, Others

June 30, 2026
MetroBusinessNews

© 2022 Metro Business News

Navigate Site

  • Contact Us
  • About Us

Follow Us

Welcome Back!

Login to your account below

Forgotten Password?

Retrieve your password

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

Log In
No Result
View All Result
  • Home
  • Economy
  • Politics
  • News
  • Companies and Markets
  • Energy
  • Sports
  • Real Estate

© 2022 Metro Business News

Go to mobile version