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ECOWAS Vision 2022 yet to make impact – Financial Expert

A financial expert in monitoring and Evaluation Issues, Prosper Houssou says  ECOWAS’s Vision 2020 has failed to achieve one of its main objectives – improving access to quality basic social service of the citizens of the region.

Mr Houssou said despite the significant progress made in the implementation of ECOWAS Vision 2020, its evaluation has shown that more still needs to be done, particularly, to improve access to quality basic infrastructure in the region. .

The financial expert made the remarks while presenting a paper on the ECOWAS Vision 2020 Assessment, at the First 2022 ECOWAS Parliamentary Seminar in Monrovia, Liberia.

According to Mr Houssou, significant progress has been made in the process of consolidating the Common Market, notably with the free movement of persons, trade liberalization scheme and the creation of the Customs Union which materialised by the coming into force of the Common External Tariffs in 2015.

He also applauded the development of the region’s resources and promotion of the private sector, which has strengthened the interconnection between member-states and enhanced progress in the establishment of electricity exchange systems as well as in the promotion of renewable energy and energy efficiency, which has contributed immensely to the improvement of regional competitiveness.

However, the financial expert said it was regrettable that Vision 2020 failed to combat inequalities and all forms of human rights violations as well as improvement in the supply of infrastructure.

He also harped on the need to strengthen member-states’ ownership of programmes and policies and work towards ensuring the effective implementation of those programmes and regulations.

To avoid the recurrence of some of the lapses in the Vision 2050, he said ECOWAS must seek to improve the visibility of its programmes and intervention while ensuring the availability of sufficient financial resources in addition to striving to improve and strengthen coordination and the evaluating system.

Reporting by Idara Ukpanyang; editing by Daniel Adejo and Tony Okerafor