As Naira to dollar keeps appreciating, the former Senator representing Kaduna Central has called on the African continent to shelve their historical currencies to achieve a common currency stating that it’s time West Africa has a single currency.
Reminiscing how Germany, Italy, Greece, and France did it, Sani revealed that the African continent has no reason not to sacrifice its territorial banknotes for the continent’s economic Prosperity.
“Nigeria should discard the Naira. Ghana should discard the Cedi. Gambia should discard the Dalasi. Sierra Leone should discard the Leone. All the French Speaking West Africa should discard the CFA. It’s time for West Africa to have a Single Currency. I still wonder why it’s so difficult to achieve this.
If Germany, Italy, Greece, and France can sacrifice their strong and historical currencies for the collective good of their continent, We have no reason not to sacrifice our territorial banknotes for our common economic prosperity.”
On Tuesday, the Naira equal a dollar is N803, GBP is ₦1034.619, EUR to ₦884.705 and CAD is ₦579.007.