The Economic Community of West African States (ECOWAS) has however decided to introduce the use of a single currency in the year 2020 in the sub African region and takes effect in 2015 in the English speaking countries.
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This notice was disclosed by the speaker of the ECOWAS parliament, Senator Ike Ekweremadu during a dinner organised for the members of the Administration, Finance and Budget committee of the organisation after their one week meeting/workshop in Enugu.
“Our parliament will henceforth screen the list of Commissioners for the Commissions, scrutinize and pass budgets as well as make laws that would transform the sub-region.” He stated.
Senator Ekweremadu also stated that ECOWAS has also transformed from being a committee of states to becoming a committee of the people and that was the reason the meeting was drafted to another state other than state capitals.
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