President
Muhamadu Buhari on Tuesday in Niamey, Republic of Niger, urged member countries
of the Economic Community of West African States to tread carefully in pushing
for a single currency for the sub-region by 2020.
He
cited the challenges faced by the European Union in realising the same goal to
buttress his position.
According
to a statement by his Special Adviser on Media and Publicity, Mr. Femi Adesina,
the President made his position known in his speech at the fourth meeting of
the Presidential Task Force on the ECOWAS Currency Programme.
Buhari
said the necessary economic fundamentals among countries continued to differ
over the years, making it more difficult to pull through with the project by
2020.
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