ECOWAS' finances won't be threatened by Niger, Mali, Burkina Faso exit - Kalu

Kalu said that in the event of a worst-case scenario, where the three countries go ahead and exit, ECOWAS would not be threatened financially.

The Deputy Speaker, Nigeria’s House of Representatives, Rep. Benjamin Kalu, has said that the ECOWAS Parliament is deploying parliamentary diplomacy mechanisms to mitigate Mali, Burkina Faso, and Niger’s threats to exit the sub-regional bloc.

Kalu said there was no cause for alarm over the bloc’s perceived existential threat posed by violent extremism, and the exit threats from ECOWAS by the three West African countries.

“There are already mechanisms in place, through what is called parliamentary diplomacy, to reach out to them.

“Letters have been sent to them, and very soon, some of us will start visiting those countries to engage the heads of government.

“We’ll open up the doors for them to come back to the family; We need them.

“We’ll tell them for instance that, granted, maybe they were offended by one or two things, but let us sit down again and discuss,” the deputy speaker stressed.

He added: â€œYou can’t just forget them and say it doesn’t matter; that they can go on their own.

“No! We have to reach out to them and say we are better off as one family.

“I’m sure it’s going to work.”

Kalu, however, said that in the event of a worst-case scenario, where the three countries go ahead and exit, ECOWAS would not be threatened financially.

Rep. Benjamin Kalu, Nigeria’s House of Reps Deputy Speaker and Chairman, ECOWAS Parliament’s Joint Committee on Administration, Finance, Budget. [NAN]

According to him, there is a clear definition of the sources of ECOWAS revenue.

He noted that the Community Levy happens to be just one of them.

“There are many other sources. So, we want to make sure that we streamline it and know where monies are coming from.

“If these are not enough, we will increase because there are so many development agencies, there are so many people, who are interested in the sub-region.

“There are multiple ways of raising funds for the parliament, as well as the community,” he said.