Nigeria has paid more than 1,177 billion dollars to the Economic Community of West African States (ECOWAS) as its Community Levy contribution in the last 16 years. According to documents from a presentation by the ECOWAS Commission to Parliament at Plenary during its Virtual Second Extraordinary Session, Nigeria paid 853,310,564 UA (West Africa Unit of Account) for the period under review. However, the Community Levy Protocol took effect in 2003 when all member states started its application. A further look into the community levy data showed that many countries were yet to pay the total sum from their community levy assessments. Based on this assessment, Nigeria had paid 64 per cent of its payments, leaving an outstanding of 36 per cent.

Source: The Guardian July 29, 2020 14:37 UTC