Finance

Ecowas May Resort to ‘Force’ to Reinstate Niger’s Bazoum

Ecowas May Resort to ‘Force’ to Reinstate Niger’s Bazoum

The Economic Community of West African States may resort to the use of “force” if coup leaders in Niger do not reinstate the democratically elected regime of President Mohamed Bazoum.

Author of the article:

Bloomberg News

Bloomberg News

Ruth Olurounbi

Published Jul 30, 2023  •  1 minute read

(Bloomberg) —

The Economic Community of West African States may resort to the use of “force” if coup leaders in Niger do not reinstate the democratically elected regime of President Mohamed Bazoum.

“In the event that the authority’s demands are not met within one week, we will take all measures necessary to restore constitutional order in the republic of Niger,” Ecowas said in a communique Sunday after a meeting in Abuja, Nigeria’s capital. 

Read more: Niger Rally Supports Coup as Bloc Imposes Sanctions on Junta

Financial Post

THIS CONTENT IS RESERVED FOR SUBSCRIBERS ONLY

Subscribe now to read the latest news in your city and across Canada.

  • Exclusive articles by Kevin Carmichael, Victoria Wells, Jake Edmiston, Gabriel Friedman and others.
  • Daily content from Financial Times, the world’s leading global business publication.
  • Unlimited online access to read articles from Financial Post, National Post and 15 news sites across Canada with one account.
  • National Post ePaper, an electronic replica of the print edition to view on any device, share and comment on.
  • Daily puzzles, including the New York Times Crossword.

SUBSCRIBE TO UNLOCK MORE ARTICLES

Subscribe now to read the latest news in your city and across Canada.

  • Exclusive articles by Kevin Carmichael, Victoria Wells, Jake Edmiston, Gabriel Friedman and others.
  • Daily content from Financial Times, the world’s leading global business publication.
  • Unlimited online access to read articles from Financial Post, National Post and 15 news sites across Canada with one account.
  • National Post ePaper, an electronic replica of the print edition to view on any device, share and comment on.
  • Daily puzzles, including the New York Times Crossword.

REGISTER TO UNLOCK MORE ARTICLES

Create an account or sign in to continue with your reading experience.

  • Access articles from across Canada with one account.
  • Share your thoughts and join the conversation in the comments.
  • Enjoy additional articles per month.
  • Get email updates from your favourite authors.

General Abdourahamane Tiani declared himself Niger’s new leader on Friday, two days after the presidential guard he leads detained Bazoum. The coup leaders, who are believed to be backed by all the segments of the security forces, have dismissed calls from the regional bloc, the African Union, the US and France to release Bazoum and return to their barracks.

The 15-member Ecowas imposed economic and diplomatic sanctions with immediate effect. The bloc closed air and land borders with Niger, froze the country’s assets at the regional central bank and state assets in commercial banks, banned commercial flights to and from Niger and froze all service transactions, including energy transactions. 

Read more: US Mulls Freezing Aid to Niger as Coup Condemnation Grows 

Ecowas also suspended Niger from all financial assistance and transactions with all financial institutions and member states and introduced travel-ban and asset-freeze on the military officials involved in the coup, their family members and the civilians who accept a position in any government they establish.

—With assistance from Katarina Hoije.

(Updates with sanctions from fourth paragraph.)

Read More

Avatar

Admin

About Author

Leave a comment

Your email address will not be published. Required fields are marked *

You may also like

Harbourfront Wealth Appoints Head of Corporate Development to Meet Firm Growth Demands
Finance

Harbourfront Wealth Appoints Head of Corporate Development to Meet Firm Growth Demands

VANCOUVER, British Columbia, July 06, 2023 (GLOBE NEWSWIRE) — Harbourfront Wealth Management Inc. (“Harbourfront” or the “Company”), a national leading
Eat & Beyond’s Portfolio Company, Purpose ESG, Announces Strategic Partnership with ClimateDoor
Finance

Eat & Beyond’s Portfolio Company, Purpose ESG, Announces Strategic Partnership with ClimateDoor

Expands Purpose ESG’s strategic partnership into CO2 abatement advisory and government funding services Areas of collaborations include deal sourcing, secure