What are the problems facing ECOWAS?

The Economic Community of
West African states was jointly conceived by the former Military Head of State of Nigeria –
General Yakubu Gowon
and his Togolese counterpart president Eyaderna. And that the treaty of the Economic for
West African states was signed on 28th
May, 1975. Problems
facing, ECOWAS are: 

• Political Instability in member
  states. This results in different approach to ECOWAS issues by
  leaders of member states. 
• Inadequate finance: Many members
  states do not fulfill their financial obligation as at
  and when due. This is crippling the effective operation
  of ECOWAS.
•  Colonial linkage to erstwhile
  master is another factor affecting ECOWAS. Francophone
  nations that are members of ECOWAS may not lend their
  weight to matters of the organisation that will negatively
  affects France.
•  Difference in currency is
  affecting the volume of economic transactions in the sub region.
•  The free movement of citizens is’
  causing concern as countries like Nigeria is
  witnessing excessive influx of citizens of other ECOWAS
  Countries.