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21 Dec 2019

Buhari, Other ECOWAS Leaders Hold Bilateral Talks On New Currency

President Muhammadu Buhari, on Saturday in Abuja held bilateral talks with some leaders of Economic Community of West African States (ECOWAS).
NAN reports that the meetings were held on the sideline of the ongoing 56th Ordinary Session of the ECOWAS Authority of Heads of State and Government.

Buhari met President Alassane Quattara of Cote d’Ivoire, Patrick Talon of Benin Republic, Julius Maada Bio of Sierra Leone, George Weah of Liberia and Rock Marc Kabore of Burkina Faso.

The 56th session of the ECOWAS is expected to consider, among other sub-regional and continental issues, the recommendations on the proposed single currency regime for the sub-region.

ECOWAS leaders had agreed on a single currency for the sub-region 30 years back, to boost cross-border trade and economic development.

They had formally agreed to name the common currency “Eco”.

The member states of ECOWAS are Benin, Burkina Faso, Cape Verde, Gambia, Ghana, Guinea, Guinea-Bissau, Ivory Coast, Liberia, Mali, Niger, Nigeria, Senegal, Sierra Leone and Togo.

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