The ECOWAS Parliament has approved a budget of 19,636,030 Units of Account (about $26 million) for the 2026 fiscal year.
Speaker Hadjia Memounatou Ibrahima announced the decision after the Parliament’s 2025 Second Extraordinary Session in Port Harcourt, Nigeria. She said the budget, which is 5 per cent higher than last year’s, will fund priority missions, including follow-up on a recent seminar on artificial intelligence.
According to her, 98.64 per cent of the funds will come from the ECOWAS Community Levy, a 0.5 per cent tax on imports from outside the region. She warned that member states defaulting on levy payments would face sanctions.
The Speaker also revealed plans to mark the Parliament’s 25th anniversary in November, describing it as an opportunity to highlight achievements in promoting regional democracy and chart a youth-focused future.
