HallaDaTruth:
THE ECO WILL BE CONTROLLED BY FRANCE LEADING TO ECONOMIC ENSLAVEMENT AND COLONIALISM , NIGERIA SHOULD NOT JOIN THE ECO TRAIN BECAUSE ITS GONNA CRASH

EzeIgbo1:


Oga na Ghana I dey type from and Naija currency strong pass their own hands down.

Removing zeros from s currency does not make it strong. It rather weakens its purchasing power. This Is why 50 cedis cannot even buy anything here compared to what 4k can buy which is the equivalent of 50 CEDIs in naira.

Don't mention cedi near naira again abeg you

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.

Lucid1:
Once you open any technical thread as this one , sift through the comments , the popular opinion is always the wrong one. Most commenters are knee-jerk commenters, they're mostly ignorant of the subject matter and aren't even ready to learn.

Danwakae:





The trade agreement



Everything is on the blue print ,Nigeria took time to go through it before agreeing to be part of it , and Baba Buhari signed it in Niger republic, what are we now talking now...we can still option out , we must not drag other nations back...that we are the lion of Africa doesn't make us ride on other nations...we can choose to be Africa Brexit...it's no crime , but not to be dragging back other natons

Xda59:


Nigeria will never be a party to that deadly French proposal.

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.

Nukilia:


This is not about wuruwuru economics, why would anyone decide on his own to either add zero to a currency of a sovereign nation? You need to reassess yourself on matters of economics. 5.7 CEDI's changes for a dollar and if you work in Accra, you can make money enough to keep you running. When you say weak purchasing power I tend to disagree with you. As long as you work in Ghana you can afford whatever you want with the money you receive.

Danwakae:



U don't even know anything about it


They are trying to introduce ECO as the currency for the west Africans against the french currency being used , to make west Africa independent and have a ease, free trading ...u going backward to old story... Is it not Better France or America takes over Africa from these our stupid leaders ... You criticizing them, but ur people are the ones trooping into their countries as illegal migrants for greener pastures...forget their motive , it's because your african leaders are corrupt and evil , they can't try that within themselves in Europe or America...but for your corrupt leaders , u are all slaves.

CSTR2:
Don't join the ECO.
France is too small to be a colonial entity to Nigeria in this stage of our nationhood.

Even India and Brazil have outpaced the United Kingdom and Portugal and that should be our ambitions.

Nigeria should provide alternatives to France in West Africa. This is what we should be doing right now.
Provide a viable economic and military alternative to other West African nations.

At this stage of our nationhood, if France should threaten a West African country, they should be able to count on Nigeria to provide a military deterrence.

Unfortunately, years of bad,inept and shallow leadership has ensured that is not the case.

France is prancing about arrogantly in West Africa because Nigeria has left a vacuum and failed in her natural responsibilities.

They don't bother about France anymore in North Africa.

Johnsghana:
Anybody that knows anything about Ghana and Ghanaians will agree with me that they are not straightforward. Their response was for theatrics only. Ghana will never be part of any fiat currency union that Nigeria isn't part of. The know the power of our economy and people. Find some of the reasons below.

1. Their biggest local manufacturing firms have to always export to Nigeria
2. Their politicians have to always come to Nigeria for campaign money during elections.
3. Their banks are filled millions of dollars from Nigerian politicians.

Nigerian politicians will never use eco or the same currency as these francophone countries without putting certain measures in place to protect their collective wealth. Do you think Nigerian politicians will allow someone in Accra or Abidjan to determine the value of their money? I doubt.

Cantonese:


No wonder the country remains in darkness with blind followers like you bro. Buhari called the youths lazy and youths like you applauded him.

So to you that arrogant and irresponsible letter coming in form of a response from the office of a high level government official is reasonable and within proper diplomatic norms.

Truly many in this country need to have their heads examined.

post=85374543:
Nigeria never told ECOWAS that they are interested in a single currency up till this moment.
That has been going on for years now.
So won't they reply them that they will get back at them?!
Nigeria’s naira is often seen as the likely anchor currency for ECOWAS, due largely to country’s sheer economic size and political importance.
This role would be akin to the one played by the German deutsche mark in the period leading to the introduction of the euro.
Our Conclusion : The Eco will clearly not be the panacea for West Africa’s myriad problems, including high levels of unemployment, especially among the burgeoning population of youth and the increasing numbers of the poor.
The lessons from the eurozone highlight continuing challenges among a group of highly developed countries with very strong institutions.
ECOWAS will do well to heed these lessons.
Also, efforts by member states to strengthen domestic macroeconomic frameworks are important.
Concerted efforts must be made to reduce the inordinate bureaucratic delays that severely constrain exports and imports at the border.
Launching the single regional currency, the “Eco,” by December 2019 is, at best, an expensive distraction that the people of West Africa can ill afford at this particular moment.
We stand with Nigeria.
Shame on the OP that brought this rubbish here, whatever his mission was and bigger shame on the illiterates typing jargons everywhere.
Lazy tins!






It is always good and refreshing to know that we still have reasonable and intelligent people like you guys on this forum.
Compared to the illiterates and pessimistic wailers that have nothing upstairs but just take side with anything that can make the country look bad.
Ireedeemable and pathetic tins they are.
No wonder Cownu called them whatever he addresed them has!

MumuCountry:
What exactly is wrong with nigerians? Instead of fixing your country’s numerous problems, you are here talking trash about Ghana’s currency? Your whole country is a sham! Utter crap!

ykalhaji:
If France wants to keep it's hegemony over French speaking African nations no wahala. Nigeria should treat the 36 states in Nigeria as individual countries. More State autonomy and rights and the states can grow their own economy, with the advantage of being able to trade amongst ourselves, I think even the GDP of the 3/4 of our states individually will be bigger than any of the french speaking countries.

We should really start looking at our states as individual countries and start operating as such. It will grow the economy, bring governance closer to the people and reduce all these north, south, tribal and religious tensions in Nigeria.

Just like the Indian & Chinese states or the Canadian Provinces.

lovat:
RED TAOISM HAS REALLY DESTROY NIGERIA.


damn

gloriaunobi:
That's not my problems but how do I migrate to Canada

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.

gloriaunobi:
That's not my problems but how do I migrate to Canada

obaaderemi:
So because we are the lion means we should just rush into everything tabled before us? They signed AftCa only after considering its benefits and disadvantages. Even South Africa signed late. So what are you saying?
And after signing, what did Nigeria do? Closed its borders!
Some of these ideas are neo- colonial in nature and should be considered carefully, bro.

EzeIgbo1:


if i answer you make i bend. This is my only comment to you. E be like say you were deprived of attention as a baby

Stalwert:




Will do

Built2last:
See your government.

Unfortunately nobody is reviewing anything they will tag along

Neoteny:

You mean he's a nincompoop?

Danwakae:



What are u even saying ??...

If it's not favourable to u, sign out , opt out , its not by force... As far back as 2years ago , I have been hearing about this ECO currency to ease AFTCA trading because we use different currencies , it's just to stabilize everything so that nobody will be at the receiving end of the trade...Nigeria rep on this issue are all lazy brain dead, because there is nothing new, after u have seen the blue prints which contains everything, it took u time to go through it and agree to be part of it , now , u still want to go through it again ... What happened to the blue prints given to u ??, When u said u need time to go through it before agreeing to be part of it , what were u going through then ??... Nothing is new , this is just implementation of the blue prints...Nigeria just keeps embarrassing itself with unqualified reps and foreign diplomats, everything as become by connection, no merit... That's how some foreign criminals are trying to dup Nigeria with fake deal , because of quackery...