2nd Session: ECOWAS Says Without Convergence, Single Currency Will Be Catastrophic - Liberty TV/Radio - News - Voice For All! Vision For Alll!
Publisher (F.BA)
December 11, 2019
President of the ECOWAS Commission, Jean-Claude Brou, says without convergence, the implementation of ECOWAS single currency will be catastrophic when implemented.
Brou made this known inAbuja, while presenting the State of the Community in 2019 to the SecondOrdinary Session of the ECOWAS Parliament.
He said that mechanismsfor the implementation of the ECOWAS single currency, tackling regionalinsecurity, trade integration, and ease of transportation were the majorpriorities of the ECOWAS Commission in 2019.
According to him, theauthorities of ECOWAS Heads of Government identified convergence as one of thekey elements for the successful implementation of the ECOWAS single currency.
Brou told the Members ofParliament, that terrorist attacks, and inter-communal clashes, were heightenedin Burkina Faso, Mali, Niger and Northern Nigeria.
In his remarks, NazaireSado, representing Benin republic called on the ECOWAS Commission to urgentlyaddress the issues with Nigeria’s border closure.