ECOWAS sanctions on Niger, stall 40-Year-Old Trans-Saharan gas pipeline deal
Oredola Adeola
The Economic Community of West African States (ECOWAS) has frozen all service transactions, including energy transactions, between ECOWAS and Niger following the coup in Niger that led to the removal of President Muhammed Bazoum as democratically elected President.
The decision was reached during an extraordinary summit convened by ECOWAS in response to the July coup d’etat in Niger.
The freeze includes the assets of the Republic of Niger in Aqua Central Bank and the assets of the Niger State and state enterprises and parastatals in ECOWAS central and commercial banks
Additionally, the bloc has closed air and land borders with Niger and imposed a travel ban and asset freeze for the military officials involved in the coup
ECOWAS has threatened to use force to reinstate Niger’s Bazoum as President if the coup leaders do not cede power within one week.
In June 2022, the energy ministers of Algeria, Niger, and Nigeria revived the project and signed a memorandum of understanding to build the pipeline.
The talks on the revival of the project were held recently between the three countries have set up a task force for the project, on the sideline of the European Union plan to wean itself off Russian gas following the invasion of Ukraine, and is seeking alternative sources.
The possible sanction and military actions by ECOWAS against the coup leaders, General Abdourahamane Tiani and his men, is likely to further extend the delay in the progress of the project which was first proposed more than 40 years ago, and an agreement signed between the countries in 2009.
