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.

Dagger111:
Abeg wait o! Shey countries no fit just print money in excess and start sharing to it own citizens ni?

APCNig:


Relocate to Ghana nah and starve to death. Since Buhari closed the boarders, even Ghanian President now eat once in a day while most Ghanaians now eat once in two days.

Nigerian will singlehandedly kill the so called Eco currency. Just watch and see how Major General Muhammadu Buhari will deal mercilessly with France and its wretched puppet ECOWAS beggar nations.

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

Spatta:
The Nigerian reply is one reason being a Nigerian under an illiterate is regurgitating, Actually, I detest the name Nigeria because it is according to myth a combination of Nigga and Area, a name imposed by the Colonial masters just like Yoruba, which was imposed on the Yoruba by the Hausa, meaning Bastard
You can tell that the government of Nigeria is clueless and unashamedly vision-less especially under this regime of a tyrant
Look at how Ghana responded intellectually
Compare it with how illiterates in the Despot's government responded to a serious economic advantage

Kyri:
Nigeria no be chairman currently

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.

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.

Daviddson:
I'm not understanding. Does it mean the countries making up ECOWAS didn't vote on the adoption before the ECOWAS president or whoever was in charge, 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.

The Nobel prize winner Robert Mundell in 1997:

‘If a small country unilaterally fixes its currency to a larger neighbour, it in effect transfers policy sovereignty to that larger neighbour. The fixing country loses sovereignty because it no longer controls its own monetary destiny; the larger country gains sovereignty because it manages a larger currency area and gains more “clout” in the international monetary system.’

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?

On a visit to Ivory Coast, French President Emmanuel Macron and Ivorian President Alassane Ouattara on Saturday announced an overhaul of the CFA franc, a currency used by eight states in West and Central Africa, most of them former French colonies. to be replaced by the ECO which will be pegged to Euro

Tulsaguy:



Idiot, so you have time also to type all these balderdash uphere just to score cheap points like say u sabi talk. I have enough in my arsenal for nincompoop like u.

You see we warned to you always take your drugs, and I told your mother to take you for further kolomental evaluation, una no go hear. See your life now. No enter market ohh...


Low budget Kabiru sokoto.

Tulsaguy:
One nation is headed by PhD holder, the other is headed by a PHCN certificate holder. The initial of both degrees started P, na the HCN be the difference.

H= Herdsmen
C= Convict of
N= Nigeria


That accounts for the difference.

jay169:

Don't do this man! South what?

Area4Area:
The CFA had enjoyed same stability, convertibility and lower inflation rate than other ECOWAS countries.
Question for you, why is that not one of them has a GDP per capita higher than that of Ghana and Nigeria that don't don't use CFA?

DMerciful:
See self delusion! This is what the English man calls megalomania! You have forgotten you're the poverty capital of the world?

Nukilia:


Fake news!

Ayiibobo:
this solidifies my suspicions.......u are indeed mentally ill

Topmaike007:
you're pointless

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.

Tulsaguy:


Bubu asslicker

Noisyrians:
Hahahaha the problem with nigerians is that they see everything as competition. It is always competition. Every country has a duty to take decisions and policies that in the country’s best interest. If Nigeria wants to go it alone because it thinks it has the population, that is Nigeria’s business. Trade among countries in the region is virtually non-existent anyway, but I also think nigeria will lose in some ways. For example, nigerian investment and trade relations in west African countries will suffer.

Even in terms of oil and gas, your petroleum officials have been saying that given the changing dynamics of global trade, it is prudent for Nigeria to target the African market for its oil and gas sales. I wish nigeria well, but in whatever you don’t try to be pompous and arrogant, otherwise, Nigeria will pay a very heave price for it. No country is an island. Without the support of other countries in the region, Nigeria can’t go far. Even within ecowas, you don’t have a veto power. Nigeria has just one vote in ecowas, like togo and Gambia.

Ghana wants to join new West African currency but ditch euro peg,

ABIDJAN (Reuters) - Ghana’s government said it is determined to join a West African currency that will replace the France-backed CFA franc as soon as next year in eight regional countries, but it urged members of the currency union to ditch a planned peg to the euro.


Ivory Coast President Alassane Ouattara and French President Emmanuel Macron announced this month that West Africa’s monetary union had agreed to cut some financial links with Paris that have underpinned the region’s common currency since its creation soon after World War Two.

However, the statement indicated that Ghana opposed plans to keep the eco pegged to the euro, urging regional authorities to work quickly toward “adopting a flexible exchange rate regime”.
https://www.reuters.com/article/us-westafrica-economy/ghana-wants-to-join-new-west-african-currency-but-ditch-euro-peg-idUSKBN1YX0EH

KingGBsky:


With all your epistle, is the Nigerian currency any better? Compare it with Ghana. Nonsense.