ECOWAS Regional Currency Could Be In Serious Jeopardy, President Buhari Warns

The President of the Federal Republic of Nigeria, Muhammadu Buhari on Tuesday cautioned that the ambition for Eco regional currency could be in ‘serious jeopardy,’ unless member states complied with agreed processes of reaching the collective goal. The President also expressed concern over the decision of francophone countries that form the West African Economic and Monetary Union (UEMOA) to replace the CFA Franc with Eco ahead of the rest of Member States. He delivered Nigeria’s position on the new regional currency at a virtual extraordinary meeting of the Authority of Heads of…

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