ECOWAS sets 2020 for use of single currency

The Economic Community of West African States has set 2020 as deadline for the use of single currency in the region.

The Head of ECOWAS National Unit, Ghana, Mr. Bonaventure Adjavor, said this on Monday in Calabar, the Cross River State capital, during a meeting of the commission on strategic planning framework for 2016-2020.

He said in spite of language difference, French, English and Portuguese, the commission would ensure a single currency note in 2020.

Adjavor who was the chairman of the meeting, said the currency would facilitate the movement of people and communication in the region.

Also, the Director of Strategic Planning, ECOWAS Commission, Mr. Essien Abel-Essien, said that the committee was working tirelessly to ensure that single currency note for the region is achieved by 2020.

He said that the meeting was organized to harvest ideas and inputs that would ensure the preparation of strategic documents that reflects the aspiration of ECOWAS vision 2020.

The 2020 vision seeks to create a borderless, peaceful, prosperous and cohesive region, built on good governance.