The Vision of ECOWAS is the creation of a borderless region where the population has access to its abundant resources and is able to exploit same through the creation of opportunities under a sustainable environment. What ECOWAS has created is an integrated region where the population enjoys free movement, have access to efficient education and health systems and engage in economic and commercial activities while living in dignity in an atmosphere of peace and security. ECOWAS is meant to be a region governed in accordance with the principles of democracy, rule of law and good governance.
*It was in order to realize this vision unimpeded that the ECOWAS administrative machinery based in Abuja, Nigeria, transformed its Secretariat to a Commission in January 2007. The Commission is now headed by a President (In place of what used to be known as Executive Secretary). There is also a Vice President, 12 Commissioners and an Auditor-General. All 15 are collectively referred to as Statutory Appointees with a four-year tenure. With this in place, ECOWAS is now pre-occupied with the implementation of critical and strategic programmes that will deepen cohesion and progressively eliminate identified barriers to full integration as envisaged.
Considerable efforts have now been made in harmonising macroeconomic policies and private sector promotion towards achieving economic integration. These efforts have given rise to some initiatives which include implementation of the roadmap for the ECOWAS single currency programme, monitoring and evaluation of performance and macroeconomic convergence, management of the ECOWAS Macroeconomic Database & Multilateral Surveillance System (ECOMAC) as well as co-operation with other regional and international institutions.
Equality and inter-dependence of Member States;
solidarity and collective self-reliance;
inter-State co-operation, harmonisation of policies and integration of programmes;
non-aggression between Member States;
maintenance of regional peace, stability and security through the promotion and strengthening of good neighbourliness;
peaceful settlement of disputes among Member States, active Co-operation between neighbouring countries and promotion of a peaceful environment as a prerequisite for economic development;
recognition promotion and protection of human and peoples’ rights in accordance with the provisions of the African Charter on Human and Peoples’ Rights;
accountability, economic and social justice and popular participation in development;
recognition and observance of the rules and principles of the Community;
promotion and consolidation of a democratic system of governance in each Member State as envisaged by the Declaration of Political Principles adopted in Abuja on 6 July, 1991;
equitable and just distribution of the costs and benefits of economic co-operation and integration.