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Nigeria, Ghana, Others Reject Eco Common Currency

No fewer than Six Economic Community of West African States (ECOWAS) countries on Thursday rejected the move by eight other francophone nations in the region to adopt the Eco common currency.
Nigeria, Gambia, Ghana, Liberia, Sierra Leone, all English-speaking countries and Guinea, the only francophone country, criticized the move by Benin, Burkina Faso, Guinea-Bissau, Ivory Coast, Mali, Niger, Senegal, and Togo who had agreed to change the name of their common currency, CFA francs to Eco.
At an extraordinary meeting of the Ministers of Finance and Economy, and the Governors of Central Banks in the West African Monetary Zone, Mrs. Zainab Ahmed said that the declaration is not in line with the decisions of ECOWAS Heads of States.
“While the meeting applauds the decision of the francophone West African countries to the link, the meeting also noted with concern, the declaration by his Excellency, Alassane Ouattara, Chairman of the authority of the Heads of States and Governments of the West African Economy and Monetary Union on the 21st December 2019 to unilaterally rename the CFA francs as eco by the year 2020.
“WAMZ Convergence council wishes to emphasize that this action is not in line with the decision of the authorities of the heads of states and government of ECOWAS for the adoption of the eco as the name of an independent ECOWAS single currency.”
At the end of the meeting, delegates recommended that an extraordinary general meeting of ECOWAS heads of state and governments in the West African Monetary Zone be convened to discuss the matter.
“The council reiterates the importance for all ECOWAS member countries to adhere to the decisions of the ECOWAS authority heads of states and government towards the implementation of the revised roadmap of the ECOWAS single currency programme.
“The council recommends that an extraordinary summit of the authority of the heads of state and government of the WAMZ member state be convened soon to discuss this matter and other related issues.”
In December 2019, the adoption of Eco common currency by the eight francophone countries was lauded by the International Monetary Fund (IMF), showing readiness to engage with the regional authorities, owing to its proven track record in the conduct of monetary policy and external reserve management.
Ghana had in December, lauded the move and said that the country is determined to do whatever they can to join the Member States of UEMOA soon.
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Edo Killings: Akpabio Condemns Attack, Demands Justice for Victims

President of the Senate, Godswill Akpabio, has strongly condemned the brutal killing of 16 travellers in Edo State, describing the act as senseless, barbaric, and unacceptable.
Akpabio, in a statement issued by his Special Assistant on Media, Jackson Udom, expressed deep sorrow over the incident and called for swift justice to assuage the pain of the victims’ families.
“I am deeply saddened and disturbed by the gruesome murder of 16 travellers in Edo State. This senseless act of violence is unacceptable and has no place in our society,” he said.
The Senate President urged security agencies to conduct a thorough investigation and bring the perpetrators to book without delay.
“I condemn in very strong terms this heinous crime and urge the relevant authorities to ensure that those responsible are held accountable for their actions. Justice must be served to prevent further occurrences and reassure Nigerians of their safety.”
Akpabio further emphasised the need for unity in the face of violence, calling on Nigerians to resist divisions that could arise from such tragic events.
“As a people, we must work together to promote peace, unity, and understanding. We cannot afford to let such acts of violence divide us or undermine our collective efforts to build a better Nigeria.”
He extended his condolences to the bereaved families, the government, and the people of Edo State, praying for divine comfort in their time of grief.
“My heartfelt condolences go to the families of the victims, the government, and the people of Edo State. May God grant the departed peaceful rest and give their loved ones the fortitude to bear this irreparable loss.”
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Eid-ul-Fitr: Oseni Urges Muslims to Uphold Ramadan Virtues, Calls for National Unity

As Muslims around the world celebrate Eid-ul-Fitr, marking the end of the holy month of Ramadan, the lawmaker representing Ibarapa East/Ido Federal Constituency in the House of Representatives, Engr. Aderemi Oseni has urged the Muslim faithful to uphold the virtues of Ramadan in their daily lives.
According to a statement on Sunday by his media aide, Idowu Ayodele, the lawmaker congratulated the Muslim Ummah on the successful completion of the month-long fasting and encouraged them to reflect on the values of sacrifice, self-discipline, and devotion to God, which Ramadan represents.
He emphasised that Ramadan is not only about fasting but also about fostering compassion, patience, and love for one another—values he described as crucial for national unity and development.
“As we celebrate this year’s Eid-ul-Fitr, I encourage my Muslim brothers and sisters to continue embodying the noble virtues of Ramadan. Let the spirit of sacrifice, empathy, and community service guide our actions beyond this season,” the statement read.
Oseni, who chairs the House Committee on the Federal Roads Maintenance Agency (FERMA), also underscored the importance of national cohesion, urging Nigerians to work together to promote peace and stability. He called on leaders at all levels of government to implement policies that address economic challenges, security concerns, and infrastructural development.
He further reassured his constituents in Ibarapa East/Ido of his commitment to quality representation, pledging to continue advocating for policies that prioritise their welfare and development.
Oseni also appealed to religious leaders to use their platforms to preach unity and patriotism, stating that Nigeria’s progress depends on the collective efforts of its citizens in fostering tolerance and peaceful coexistence.
“Eid is a time of joy, reflection, and gratitude. Let us celebrate responsibly while remembering to extend kindness to the less privileged. May Almighty Allah accept our prayers and grant our nation lasting peace and prosperity,” he added.
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Eid-el-Fitr: Oyo APC Chieftain, Oladiran Alabi, Greets Muslims, Calls for Unity

A chieftain of the All Progressives Congress (APC) in Oyo State and former House of Assembly candidate for Ibadan South-West Constituency I, Hon. Oladiran Alabi, has congratulated Muslims on the occasion of Eid-el-Fitr, urging Nigerians to embrace unity and peaceful coexistence.
In a statement on Sunday, Alabi commended the Muslim faithful for their devotion and sacrifices during the holy month of Ramadan, stressing the need to uphold the values of love, tolerance, and compassion beyond the fasting period.
He said, “The end of Ramadan is a time for reflection, gratitude, and renewed commitment to the principles of Islam. I felicitate with my Muslim brothers and sisters and pray that Almighty Allah accepts their supplications and rewards them abundantly.”
Alabi also emphasised the importance of unity in addressing Nigeria’s socio-political and economic challenges, urging leaders and citizens alike to foster harmony irrespective of religious and ethnic differences.
“Our strength as a nation lies in our unity. It is imperative that we work together to promote peace and development. I call on all Nigerians to prioritise national interest above personal or sectional gains,” he added.
He further urged political leaders to implement policies that would improve the welfare of the people, enhance economic growth, and strengthen security across the country.
The APC stalwart prayed for a peaceful and prosperous Nigeria, wishing the Muslim community a joyous and spiritually fulfilling Eid celebration.
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