ABCON Expresses Worry Over France Involvement in Eco
By Ngozi Onyeakusi– The nation’s currency dealers, under the aegis of the Association of Bureaux De Change Operators of Nigeria (ABCON), have expressed worry over the seeming direct involvement of France in the sub-regions Eco currency project, advising the government to be wary of the move. The association, at its 2019 fourth quarterly review in Lagos, last weekend, the National President, Alhaji Aminu Gwadabe, said that Nigeria should critically examine the role of France in the currency project before further decision to participate. Describing the recent decision of the francophone countries to change the name of their common currency to ECO as worrisome, coupled with the attempt by France to continue its dominant control of the Francophone West Africa country’s economies, he warned: “Nigeria must not adopt the currency with France or Euro as the background promoters to avoid enslaving West Africa economically.
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