Regulation C/REG.4/01/03 Relating to the Renewal of Lease Agreements on the Residence of the Executive Secretariat Staff in Abuja

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Economic Community of West African States

Regulation C/REG.4/01/03 Relating to the Renewal of Lease Agreements on the Residence of the Executive Secretariat Staff in Abuja

The Council of Ministers,MINDFUL of Article 10, 11 and 12 of the ECOWAS Treaty establishing the Council of Ministers and defining its composition and functions.CONSIDERING the need for the construction of vital additional works for the Executive Secretariat Staff quarters at Katampe.CONSIDERING that the estimated completion period for the provision by the Nigerian Government of access rods and other infrastructural facilities at the Katampe Housing Estate will extend up to the year 2004.NOTING that the leases on most of the residence rented for the staff of the Executive Secretariat in 2000 will expire by October 2002.CONSIDERING the high demand for residential accommodation in Abuja resulting in an astronomical increase in the real Estate rents in the Abuja metropolis.AWARE of the need to renew the lease Agreements on the staff residences in Abuja and make adequate funds available to the Executive Secretariat for the purpose.ON THE RECOMMENDATION of the Twenty-Eighth Meeting of the Administration and Finance Commission held in Abuja from 18 to 25 November 2002.ENACTS

Article 1

The sum of N281,100,000 (Two Hundred and Eighty-one Million, one hundred thousand naira) (UA 1,079,403.05) is hereby approved for the Executive Secretariat of ECOWAS to cover renewal and contracting of new leases for 2003.

Article 2

The Executive Secretariat shall prepare estimates of the overall financial implications of leases to cover all the posts approved by the sixth extraordinary session of the Council of Ministers. Such estimates shall be submitted to the Administration and Finance commission for consideration.

Article 3

This regulation shall be published by His Executive Secretariat in the Official Journal of the Community within thirty (30) days of its signature by the Chairman of the Council of Ministers. It shall also be published in the National Gazette of each Member State within the same time-frame.
Done at Dakar, this 28th day of January, 2003Hon. Cheikh Tidiane GadioChairman for Council
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