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    MarketForces Africa » MarketForces News » Nigeria, Benin Sign Regional Integration Deal

    Nigeria, Benin Sign Regional Integration Deal

    Ogochukwu NdubuisiBy Ogochukwu NdubuisiJune 21, 2025 News No Comments4 Mins Read
    Nigeria, Benin Sign Regional Integration Deal
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    Nigeria, Benin Sign Regional Integration Deal

    The Federal Republic of Nigeria and the Republic of Benin on Saturday signed a pact to deepen bilateral integration and serve as a model for wider cooperation within ECOWAS.

    The agreement was signed during the inaugural West Africa Economic Summit (WAES), held in Abuja, with Presidents Bola Tinubu Nigeria and Patrice Talon of Benin in attendance.

    Nigeria’s Dr Jumoke Oduwole and Amb. Bianca Odumegwu-Ojukwu signed on behalf of Nigeria, alongside Benin’s Shadiya Assouman and Shegun Bakari.

    President Talon described the agreement as a bold step towards genuine, practical regional integration and called for prompt implementation by ministers.

    “President Tinubu and I have agreed on full integration between Benin and Nigeria. The task now lies with our ministers. “Benin and Nigeria are more than twins—we are one people. Let us show that the region integration is possible,” Talon said.

    Talon earlier called for urgent reforms to revive ECOWAS’s stalled regional integration efforts, saying the bloc is currently in crisis. “ECOWAS once exemplified integration. Today, unfortunately, it is struggling to live up to its purpose,” he noted.

    He cited the West African Gas Pipeline as a failed initiative due to persistent administrative hurdles and poor coordination. “It is shameful. We are wasting resources. Our inability to cooperate undermines integration,” he said.

    Talon disclosed that Benin, currently sourcef gas from Qatar using a Floating Storage and Regasification Unit (FSRU) because of the failures. He also criticised the poor performance of the West African Power Pool, another stalled regional project requiring urgent revival.

    “We invested heavily in this power infrastructure, yet it still fails to meet expectations. Without firm action, it may never succeed,” he warned.

    Addressing the Lagos–Abidjan Corridor, Talon highlighted border delays and harassment as major barriers to smooth regional movement. “The road is there. But a trader should not face harassment just to move goods from Lagos to Abidjan,” he stressed. He warned that poverty is the most dangerous destabiliser in the region, threatening democracy, peace, and stability.

    “Poverty undermines everything. Without integration that tackles poverty, our democratic values will ring hollow,” Talon said. Talon referenced U.S. President Donald Trump’s protectionist trade stance, urging Africa to prioritise its own interests in global trade. “Trump’s policies remind us that countries protect themselves. We should too. Perhaps we’ll even thank him one day,” he said.

    He urged leaders to move from promises to concrete actions that can generate wealth, opportunity, and lasting prosperity. “Without economic opportunity, our talk of liberty and democracy is empty. Integration must be more than words,” he said.

    The Presidents of Benin and Sierra Leone also gave national addresses ahead of the 67th ECOWAS Heads of State session. The Ordinary Session will take place on Sunday at the State House Conference Centre in Abuja. Other West African representatives delivered statements centred on advancing integration and regional prosperity.

    Liberian President Joseph Boakai affirmed Liberia’s support for ECOWAS and regional blocs like the Mano River Union. He stressed that removing trade barriers, aligning policies, and boosting regional competitiveness as key integration priorities. Boakai commended President Tinubu for convening the summit, calling it timely and essential for subregional transformation.

    “This summit allows vital reflection, collaboration, and renewed dedication to West Africa’s economic transformation,” Boakai said. Sierra Leone’s President Julius Maada Bio also emphasised the region’s economic potential amid global economic pressures. He pointed to public debt, climate change, food insecurity, and geopolitical instability as urgent reasons to pursue integration.

    “Unlocking this potential demands commitment to deeper regional integration and economic cooperation,” Bio stated. He encouraged full participation in ECOWAS initiatives like the Trade Liberalisation Scheme and Common External Tariff. These schemes help harmonise trade policies and cut tariffs — essential steps towards stronger regional trade,” he said. #Nigeria, Benin Sign Regional Integration Deal#

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    Ogochukwu Ndubuisi
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    Ogochukwu Ndubuisi is an editorial content strategist and financial news writer at MarketForces Africa, covering a broad range of topics including Nigeria's equity markets, infrastructure development, energy, government policy, corporate finance, and digital economy.With over 2,400 published articles on MarketForces Africa, Ogochi brings depth and consistency to the publication's daily news coverage.Her reporting spans Nigerian Exchange Group market movements, Lagos State infrastructure projects, and federal government economic policies, oil and gas developments, and emerging sectors shaping Nigeria's economic landscape.She also covers Africa-wide stories, including East African market indices, continental investment trends, and cross-border economic developments.Ogochi works closely with MarketForces Africa's editorial and corporate communications teams to deliver accurate, timely, and well-researched content to the publication's professional readership.Ogochukwu Ndubuisi is based in Lagos, Nigeria.

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