Business
Shehu Sani calls for single currency in West Africa
Senator Shehu Sani has called on leaders in the West African sub-region to unify and adopt single currency for all member states of the Economic Community of West African States (ECOWAS). The Nigerian senator asserted that Nigeria should discard the Naira, Ghana should discard the Cedi, Gambia should discard the Dalasi, Sierra Leone should discard the Leone and all Francophone West African states should discard the CFA.
Sani argued that if Germany, Italy, Greece, France can abandon their strong and historical currencies for the collective good of their continent, why is it difficult for countries in Africa to unify their currencies and adopt single currency for collective economic prosperity.
Senator Sani in a tweet on his official twitter handle wrote:
Senator Shehu Sani
@ShehuSani
“Nigeria should discard the Naira. Ghana should discard the Cedi. Gambia should discard the Dalasi. Sierra leone should discard the Leone.
“All the French Speaking West Africa should discard the http://CFA.
“It’s time for West Africa to have a Single Currency. I still wonder why it’s so difficult to achieve this.
“If Germany, Italy, Greece and France can sacrifice their strong and historical currencies for the collective good of their continent,We have no reason not to sacrifice our territorial bank notes for our common economic prosperity.”
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