Nigeria hesitant as Ghana lauds French ECOWAS members’ decision to dump CFA


The Ghanaian government has hailed the resolve by eight member nations of the Economic Community of West African States (ECOWAS) to cut their colonial links with France’s CFA (Communaute Financiere d’Afrique) Franc and adopt ECO as their common currency.

This is even as the Nigerian government is yet to take a definite position on the development.

The President of the Republic Cote d’Ivoire, Alassane Ouattara, announced the collective decision at a bilateral meeting during the 56th Ordinary session of the ECOWAS in Abuja.

President Ouattara who said the French government consented to the West African States’ decision to join the ‘‘ECO’’, quoted the French President, Emmanuel Macron, as describing the decision as “historic reform”.

‘Nigeria not sure’

The ECO is…



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