APCNig:


So you expect Nigeria to just accept it? You must be dreaming. Nigerria is West Africa, no Nigeria, no West Africa. We closed our boarders and all West African countries are crying and weeping. So, we take the shoots and as the Chairman, we speak last. If we Nigeria do not accept it, ECOWAS will have no other choice than to also rescind its decision, else we will muzzle ECOWAS to death. And with Major General Muhammadu Buhari on the seat, Nigeria can kill the whole ECOWAS economically.

You and Who?

aolawale025:
Difference between merit and quota system

You want Nigeria to quickly adopt the ECO currency that France has hijacked. Have you read the terms and see if we will benefit

My point exactly, very dull people. I'm not suprised their president has always been a puppet of France.

alamarmeen:
so what do u expect....
the way some people here understand issues both national and international is very pathetic to say the least.
France have already hijacked the eco of a thing. there are numerous write up(s) on it and how so.
Do u seriously think France will let go of over 500billion just like that without a fight...what France did was to preempt Nigeria's moves using their stooge in Ivory Coast.
As for Ghana their they are non starter...they are just after anything that they know Nigeria is or will be against.. they lack the weight to set the terms in W/Africa sub region.

The angle I'm seeing this from is that this exposes the recourses countries involve has to each other and we are the one with the largest resources and refuses to use it

Awoo88:

Why una dey like deceive una self

So you want Nigeria to accept the ECO currency that France has hijacked... They don't rush to accept stuffs like this. We have the largest economy in West Africa and we thread carefully because i don't trust this past Colonial powers

Now it is clear that Ghana need Nigeria more, but they have been playing mind game since trying to make us believe they have left us behind in terms of development. God punish Ghana .

APCNig:


So you expect Nigeria to just accept it? You must be dreaming. Nigerria is West Africa, no Nigeria, no West Africa. We closed our boarders and all West African countries are crying and weeping. So, we take the shoots and as the Chairman, we speak last. If we Nigeria do not accept it, ECOWAS will have no other choice than to also rescind its decision, else we will muzzle ECOWAS to death. And with Major General Muhammadu Buhari on the seat, Nigeria can kill the whole ECOWAS economically.

you're mistaken bro
Eco is based on Euro and France is very much involved in it ...
So it's not possible
Nigerian doesn't even have a better economy than France so what are you saying?

Nigeria understands the import of the eco much better than Ghana does because we are essentially west Africa and in charge of her economy.

Besides France has hijacked the handling of the eco and this is bad for Nigeria. So we cannot rush into anything whose technicalities we are not yet privy to.

The former west African French colonies would do anything to please their former masters and Nigeria cannot and will not tow their path

Ghana's response was like a child who just get free candy and is rejoicing foolishly while Nigeria's response is mature.

Bosses study before they speak. Only Children rejoice without studying in the face of serious issues.

And so it might be more of exploitation for Nigeria at this stage of our development

Even when the whole Europe adopted the Euro,the Brits stick to their pounds sterling, but you guy's just want nigeria to adopt it because ghana did without properly annualizing the options, Government isn't run that way.

Stalwert:


It will be highly unfortunate if this is the case. The French remain the worst of colonial powers, they refuse to let go. Please you got links on this.

you can google why Nigeria will not accept the eco currency..
u can rephrase the question to reflect what u wish to know.. and also the are some video analysis on YouTube.
i think there is one this morning on allafrica.com

superability:

Very easy, go to Benin, meet any of the elderly women at uselu they will direct u properly... No Visa or flight fare needed... No hustle to catch-up with flight in the airport...
Thank me later

When I say Nigerians are stupid unpatriotic cvnts some people go dey vex. Their hatred for anything buhari has blinded them. France isn't gonna let go of their colonies easily.

onoja12:
What is wrong with nigerians,are we so stupid,or we have become so ignorant.the french are trying to Bleep us over.the president is dealing with this treat,rather than standing for nigeria we stupidly start talking trash,if ghana wishes to return to slavery definate not Nigeria.the Eco is a french scam,to control west africa economy .because they can not survive without our economy go and see what they did in haiti.

This move need proper thinking and consultation,at this point we are in this country,we shouldn't delve into monetary issues that may distabilize our economy.

Built2last:
See your government.

Unfortunately nobody is reviewing anything they will tag along

Really there are no matured thinking minds on here,
Think of it, the EURO is so powerful only cos most of the nation's using its are very advanced nations,
Now tell me how the ECO will survive, the West African sub regions is made up majorly of francophone poverty stricken countries . While the Anglophone counties are always carrying the dead weight on themselves.
I say a capital NO to the ECO single currency. It's just a ploy by France to hold down the entire region.

Poor font type and size, this looks like it was drafted by a 2 year old. Its no wonder, Nigerian are been led by a collection of retards

Yes. It is important that you study the merits and demerits of a decision and not to rush to things because Ghana has take a stand. Compare Ghana population with Nigeria, they are not the same and what may work for Ghana, may not work for Nigeria. If Nigeria had taken decision, the wailers would still have come online to attack the administration.
Confused set of people.

A lot of ignorant people are on this forum, so if you don't like the government doesn't mean you have to antagonize them on every issue. On this particular eco issue, I'm with them on their stance. We cannot be a French stooge. Best way to go, to study the situation.

Daviddson:
I'm not understanding. Does it mean the countries making up ECOWAS didn't vote on the adoption before the ECOWAS made a public declaration on it? This is quite silly.

And BTW Nigerias response is more mature - though both are still foolish responses, because it seems like it came as a shock to them.

Yes it was a shock because France has hijacked the ECO currency. It is no more ECO in the sense of it as agreed upon. It is now to be backed by euro. All countries signing it are now into another round of European slavery.

Jonasbadoo:
you're mistaken bro
Eco is based on Euro and France is very much involved in it ...
So it's not possible
Nigerian doesn't even have a better economy than France so what are you saying?

Eco is not based on euro. It is tied to the euro does not mean it is based on the euro. Note the difference

The exchange rate could be 5 eco to one euro. This does not make it valuable despite this because it would simply make inflation rates shoot through the roof at this time.

Nigeria did well to hold back for now. Ghana is just clutching at any straw that they think would help their economy but Nigeria is already the economic hub for west Africa as a whole so no need to panic.

Even if the other countries in west Africa shift to eco and Nigeria does not, we still remain the economic giant to all of them and the go to country for their goods as the largest economy in Africa

We are the ones who have them boxed into a corner, eco or no eco

APCNig:


So you expect Nigeria to just accept it? You must be dreaming. Nigerria is West Africa, no Nigeria, no West Africa. We closed our boarders and all West African countries are crying and weeping. So, we take the shoots and as the Chairman, we speak last. If we Nigeria do not accept it, ECOWAS will have no other choice than to also rescind its decision, else we will muzzle ECOWAS to death. And with Major General Muhammadu Buhari on the seat, Nigeria can kill the whole ECOWAS economically.

Nigerian youths have problems. This is a currency that may eventually be printed by France and designed by France. Majority of Ecowas members are francophone and are controlled by France.

Do they expect Nigeria to be french stooge?

recolonization

Daviddson:
I'm not understanding. Does it mean the countries making up ECOWAS didn't vote on the adoption before the ECOWAS made a public declaration on it? This is quite silly.

And BTW Nigerias response is more mature - though both are still foolish responses, because it seems like it came as a shock to them.

Nigeria and Ghana heard of the adoption of the Eco on instagram.

Built2last:
See your government.

Unfortunately nobody is reviewing anything they will tag along

you must not complain about everything. Ghana has a lot to gain from it and Nigeria being the supper power house of west Africa has little to gain. So nothing wrong if we chose to study the new development. We have the bargaining power.

Jonasbadoo:
you're mistaken bro
Eco is based on Euro and France is very much involved in it ...
So it's not possible
Nigerian doesn't even have a better economy than France so what are you saying?

So it is out of Love that France is championing Eco?

we can not be part of this French economic slavery scheme, we will continue doing our business with USD, anybody that want to do business with us should give us dollars , CFA / ECO is useless to us

EzeIgbo1:


Eco is not based on euro. It is tied to the euro does not mean it is based on the euro. Note the difference

The exchange rate could be 5 eco to one euro. This does not make it valuable despite this because it would simply make inflation rates shoot through the roof at this time.

Nigeria did well to hold back for now. Ghana is just clutching at any straw that they think would help their economy but Nigeria is already the economic hub for west Africa as a whole so no need to panic.

Even if the other countries in west Africa shift to eco and Nigeria does not, we still remain the economic giant to all of them and the go to country for their goods as the largest economy in Africa

We are the ones who have them boxed into a corner, eco or no eco

As a matter of facts. African free trade agreement and ECO are programs designed by EU or why was UE giving out incentives to African countries that agreed to participate in the free trade agreement.

NIGERIA REPLY IS THE BEST, I LOVE IT

EzeIgbo1:


Eco is not based on euro. It is tied to the euro does not mean it is based on the euro. Note the difference

The exchange rate could be 5 eco to one euro. This does not make it valuable despite this because it would simply make inflation rates shoot through the roof at this time.

Nigeria did well to hold back for now. Ghana is just clutching at any straw that they think would help their economy but Nigeria is already the economic hub for west Africa as a whole so no need to panic.

Even if the other countries in west Africa shift to eco and Nigeria does not, we still remain the economic giant to all of them and the go to country for their goods as the largest economy in Africa

We are the ones who have them boxed into a corner, eco or no eco

Naira is no longer valuable anymore tbh
I'm in Cotonou now and I can attest to that fact
#1000 is just 1600cfa
So if they switch to Eco ,then it may as well be a tie
#1:1Eco which is not nice for Nigerian economy anyway
And CBN still has plans to devalue the Naira
So no reason am

Destroyerofyeeb:
When I say Nigerians are stupid unpatriotic cvnts some people go dey vex. Their hatred for anything buhari has blinded them. France isn't gonna let go of their colonies easily.

And someone ,somewhere was writing how we stand to gain .gain what? the same France that never wanted the Cfa currency to be abandoned,later hijacked the new Eco currency to be it's prime administer.

Built2last:
See your government.

Unfortunately nobody is reviewing anything they will tag along

I can't see anything wrong there.
Left to me, Nigeria shouldn't adopt that Eco. Britain was part of the EU but retained their Pounds Sterling. Nigeria can as well retain her Naira.