Why Africa must adopt a single currency – Shehu Sani

A former lawmaker that represented Kaduna Central in the 9th Senate, Comrade Shehu Sani, has advocated for a single currency in Africa.

Sani, in a tweet, said if Germany, France and other European countries can discard their strong individual currencies and adopt a single note for the good of their continent, there is no reason for Africa to falter in that regard.

Recall that the African Union created the African Monetary Union (AMU) in the 1990s with the aim of having a unified currency with a hypothetical name – Afro or Afriq by 2023. The plan, has, however, continued to suffer setbacks

Sani said: ” 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 http://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 bank notes for our common economic prosperity.”

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