ECOWAS to introduce single currency in 2015

The Economic Community of West African States (ECOWAS) parliament has
hinted at the introduction of single currency in the English speaking
countries of the sub-region by 2015 and among all member states come
2020.
The Deputy Speaker of the Nigerian Senate who is also the Speaker of
the ECOWAS Parliament, Ike Ekweremadu, revealed this after the
meeting/workshop of the Administration, Finance and Budget Committee
of the ECOWAS parliament at Enugu.
Ekweremadu, during a dinner party organised by him for the
parliamentarians, stated that under his leadership the “Parliament
will henceforth screen the list of Commissioners for the Commissions,
scrutinise and pass budgets and laws that will transform the
sub-region”.
Present at the dinner were the chairman of the committee on
Administration, Finance and Budget of the Parliament, Alhaji Farouk
Lawan and the fourth Deputy Speaker of the Parliament, Michael Nyaunu.
 Europe already has as a single currency; Euro. The East African
region has also scheduled 2012 for the introduction of its single
currency.