Heads of State of the Economic Community of West African States, ECOWAS, will make a final decision on the operational take-off of a single currency soon.
This will come after the submission of the report on the currency by the Task Force on ECOWAS single currency to the heads of state during its mid-term summit later this month.
The Head of ECOWAS National Unit in the Nigerian Ministry of Foreign Affairs, Musa Nuhu, who disclosed this in Abuja, said there was also a committee of Governors of Central Banks in West Africa working on the single currency for the region.
He said hopefully, they will be able to hear the latest, because all the committees of Central Bank are working and then the Presidential Task Force too is working, so they will present a report to the
authority of Heads of State during next mid-term summit coming up by the end of June.”
Nuhu explained that after the summit, it would be confirmed if the region could achieve 2020 set target for a single currency.
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