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Nairaland Forum / Nairaland / General / Politics / ECOWAS Adopts ECO As A Single Currency (40537 Views)
West Africa Single Currency - A Journey To Nowhere? / ECOWAS Presidents To Meet On Single Currency Regime Dec. 21 / ECOWAS Finally Adopts ECO As Single Currency (2) (3) (4)
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Re: ECOWAS Adopts ECO As A Single Currency by Ugosample(m): 10:59pm On Jul 02, 2019 |
Kkshanana90: smh You are not getting my point those countries in trouble would have saved themselves if they have not lost their monetary sovereignty t to a central bank in Brussels If there central banks were still central banks, the countries would have saved themselves easily but becayse they had no control over their monetary issues, their situation for worse Okay imagine a Nigeria under Buhari in 2016 You really think the cbn would have practiced all manners of experiment if Nigeria were using this fvckin "ECO"? We would have been double fvcked not to think that these our neighbours are still tied to the apron strings of France by choice You really think France will not use back door to influence policy decisions (these countries are ever ready to please France) with that happening don't you know we are screwed ? The dynamics are not just right economic union is good promoting trade is good but evetinr should keep there currencies NAFTA volume of trade is massive but then the U.S. Canada and Mexico still kedps their currencies the NAFTA model will suit ECOWAS better than this experiment 4 Likes |
Re: ECOWAS Adopts ECO As A Single Currency by GMbuharii: 11:04pm On Jul 02, 2019 |
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Re: ECOWAS Adopts ECO As A Single Currency by Cadec007(m): 11:25pm On Jul 02, 2019 |
Benekruku:you know this!!!!!!!!!!!! I salute you sir |
Re: ECOWAS Adopts ECO As A Single Currency by Benekruku(m): 11:35pm On Jul 02, 2019 |
1 Like 1 Share |
Re: ECOWAS Adopts ECO As A Single Currency by Cadec007(m): 11:48pm On Jul 02, 2019 |
Benekruku:sad the rest of Africa don't share the same vision.. Or perhaps they do but conflict is a barrier... Case study North Africa.... |
Re: ECOWAS Adopts ECO As A Single Currency by Nobody: 11:50pm On Jul 02, 2019 |
Ugosample: Lol. I get your point. I think if we continue to present our opposing views on the adoption of ECO, the conversation will be endless. Needless to say, it was a great exchange! Like I mentioned earlier (can’t recall if it was in a conversation with you), it has its merits and demerits. Let’s see what happens in the future! |
Re: ECOWAS Adopts ECO As A Single Currency by Benekruku(m): 11:55pm On Jul 02, 2019 |
Cadec007: Africa is presently blind! Trust me, the front runners are void and look inwards. The west are smart enough to have taken the most dogged man that was ready to front on this course. Africa is a sleeping giant! A continent blessed with ALL 1 Like 1 Share |
Re: ECOWAS Adopts ECO As A Single Currency by Cadec007(m): 11:58pm On Jul 02, 2019 |
Benekruku:True |
Re: ECOWAS Adopts ECO As A Single Currency by JDLY: 1:57am On Jul 03, 2019 |
DOA, all is mouth action. No improved policy towards each countries economy, they are busy with regional currency. Guess they will be using the ECO to trade imported goods within the region. Brain-dead leaders. |
Re: ECOWAS Adopts ECO As A Single Currency by chronnister(m): 2:06am On Jul 03, 2019 |
This is a bad thing for Nigeria, we will end up subsidising most of the poor West African countries and its not like our ruining is that great. It just has potential to be great 1 Like |
Re: ECOWAS Adopts ECO As A Single Currency by IAmTobore(m): 2:07am On Jul 03, 2019 |
Samchelsea:(Replying to your picture) Ignorance is truly a disease. I don't know what else to say. |
Re: ECOWAS Adopts ECO As A Single Currency by walezy85: 3:48am On Jul 03, 2019 |
Nonsense if only they knew that fiat is fading away & cryptocurrency is taken over |
Re: ECOWAS Adopts ECO As A Single Currency by ddeola: 6:41am On Jul 03, 2019 |
Copy copy no go kill Africans |
Re: ECOWAS Adopts ECO As A Single Currency by Nobody: 8:53am On Jul 03, 2019 |
Okoroawusa:So those Franco countries still depend on France? |
Re: ECOWAS Adopts ECO As A Single Currency by Nobody: 8:55am On Jul 03, 2019 |
Kkshanana90:Can you please state the merits and demerits? |
Re: ECOWAS Adopts ECO As A Single Currency by Fizoperuzi(m): 8:59am On Jul 03, 2019 |
post=79880676: |
Re: ECOWAS Adopts ECO As A Single Currency by Samchelsea(m): 10:36am On Jul 03, 2019 |
IAmTobore:park well |
Re: ECOWAS Adopts ECO As A Single Currency by Okoroawusa: 10:37am On Jul 03, 2019 |
asuustrike1:Greatly from banking system to currency to aids n loans.All francophone countries much have a substantial of their foreign reserve domiciled in France Central Bank,CFA is printed in France by the French Central Bank for their francophone colonies n in any francophone country,French companies r given preference of first refusal.That means that u can only award a contract to a non-french company if there is no French company interested in undertaking that contract. 1 Like |
Re: ECOWAS Adopts ECO As A Single Currency by blank(f): 11:58am On Jul 03, 2019 |
martineverest: Do you have an idea what happened to the WAUA? That's the one I know that has been in existence since Obasanjo's time. |
Re: ECOWAS Adopts ECO As A Single Currency by bikerboy1(m): 8:15am On Jul 04, 2019 |
FrMbaka: Really.... You guys are something else. SMH |
Re: ECOWAS Adopts ECO As A Single Currency by Nobody: 8:54am On Jul 04, 2019 |
Re: ECOWAS Adopts ECO As A Single Currency by Horus(m): 2:51pm On Jul 04, 2019 |
https://www.youtube.com/watch?v=rr0A7db1xGQ ECOWAS to launch regional currency, ECO in 2020 The launch of the operational phase of the African Continental Free Trade Agreement (AfCFTA) is expected later this week, while the 15 ECOWAS countries, adopted ‘ECO’ as the name of the region’s planned shared currency, and agreed for a flexible currency regime towards improving integration and trade in the region. |
Re: ECOWAS Adopts ECO As A Single Currency by datigbogirl: 3:02pm On Jul 05, 2019 |
Offpoint: |
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