@@trollasaur3012 historically Africa has been extremely easily manipulated by others. It has been very rare when they have been able to unravel a deception and get out of it. The score is like 1 million Europeans to 10 Africa - mostly Magifuli is catching the deceptions. Poor Africans go to their oppressor for every single problem and election they have not realizing the chickens are going to wolf for help. Of course you know who is behind boko haram and all the jihadi in Africa - the new york times says boko haram has the most sophisticated drones in the world - and spectacular weapons top class in the world. So Africa with the ecowas pushing out desperate colonizers will not be the ugliest series of events in the world. - france is not afraid to start a full scale all out war over this. - Africa will have to realize they will have to fight everyone by themselves and deal with all the deception, economic sabotage and everything by themselves.
Yes ideologicaly it could be a good thing however if the currency is attached or controlled by the french government then its basicly economic slavery which will be joined to the one world order so irs putting Africa in line for the antichrist as it will go from paper to digital currency credit system the Oath ti the veast or you will be deceased
The difference is the Euro is used by enough countries that are rich enough to bail it out should it come under attack by currency speculators. However, many analysts have pointed to the elephant in the room, and that is Italy and its extremely high debt levels; should investors and lenders lose confidence in Italy's ability to repay its debts, then the Euro could come under attack which may spell the beginning of the end for the Euro!
I just want the west of Africa to have a voice, it's about power for me.. we can senction the west if they try funny business. I just want them to have that power. Our countries are not big to fight, we have to unite
East Africa are not awake yet, especially you have a regime issayas aferorke, who is building more prison not college. And killing Eritrean people left and right
@@artzhaye759 Eritrea is not eastern Africa, it is considered as part of the horn of Africa. EA is made up of Kenya, Uganda, South Sudan, Tanzania, Rwanda, Burundi and Congo s soon to join.
I love this man. Firm. And a true representative of African upcoming young stars. One thing i would advice the African leaders is that their plans must be discrete from western ears. They will intervene and delay the processes of self governance and freedom. We need to come together as afRica and cast out influence and do our own thing. We really have everything here in Africa. They need us . We don't need them.
We need private black corporations ok. We need these top businesses to work together for one agenda. You guys make life hard for us because its really not that complicated. I find it hard to believe that we dont understand that control starts with businesses and that we build a society based on a number of businesses which act as the base in each institution. I am looking for leaders who want to launch these companies that will actively employ our people to make our agenda a reality.
@@KayodeEdmonds yay they're so many of us. I'm an 18 year Nigerian girl studying engineering in the US and my plan is to work here for a few years while saving up money to start my own business in rural Nigeria
Europe analyses African one currency risk because they have everything to lose. And Africa will overtake the west I'm economy. All the wests economy comes from Africa. Not to mention food and so on.
We don’t need People who exploit our country and do not like us,we are victims of hatred around the world but now we have to go forward without those predators
mxm you are talking bullshit.That's a south african woman,how does west africa having one currency affect her?She simply struggled pronouncing a foreign name and you go over board excited lol..Typical of most africans,living in fantasy.
@@mabhodlelajj1195 by the way she is not an authentic African. She is borrowing that country. AMANDLA ! Expropriation of land without compensation, ASAP!
😂😂thank God this guy is not a Ghanaian ho,because that moment he hear nigeria he for miss tracks he would have use all remaining time to convince her that Ghanaians are better than Nigerians 🤣🤣God thank you we need more like this brother one love africa 😜
I love this Brotha. Very intelligent and not easily intimidated by white media . The interviewer was clearly shaken by the message he delivered. She ended the interview by grudgingly mentioning his name; and did not even bother to thank him at the end. "that is aaa,...the aaa..sorry about that..." Its a brand new day! Africa is Rising!!!!
it's common for people to struggle with foreign names dude,that little thing made you excited now lol?!!Typical african lol..Always living in fantasy..
I would love to see Africa be the leader in clean energy and protect their God given recourses that strengthen their dollar . Education is key to the progression and making it easily accessible will raise the bar . Treat your teachers like gold . I believe I will see something special in my lifetime . I can feel the ambition of the generation . Independence is power and leverage.
He speaks English well but he gets sooo many facts wrong. Nigeria's GDP is ~400 Billion. He also doesn't talk about the elephant in the room, France. Well articulated just means house broken...not smart.
Is better that Nigeria should continue to use our naira currency not changing to ecowas.that will make the poor people in Nigeria remain poor, let the Nigeria government plan for education work and light Nigeria need all this things. not planning to change Nigeria currency we are ok with our niara
Way to go West Africa. Lets cut off the middle man and work directly together. One currency is a great start. Dismantling the colonial borders is the ultimate goal. We can do it.
...bro, Kwame Nkruma didn't speak of the African Renaissance, he used Pan-Africanism as the rallying call/concept...the Renaissance concept was an Italian concept, and President Thabo Mbeki of South Africa used the concept of the African Renaissance, which was given an impetus in his....l Am an African... speech...
solomon obihan think 🤔 again how is Germany benefiting in the eu? With their largest economy same way we benefit if we use the German method n strategy right...
@comrade RSA Incorruptible this will be the opportunity to organize and restructure our country and economy in other to gain more, if not all indications are pointing towards lose
Sorry to say that this currency hasn't started on a good footing with France beeing the guarantor! I'm very very sceptical. This is the continuation of French neocolonialism in Africa!
I love our currency name "Afro"...but we should if we do it the whole Africa will be out of debt in less than 10 years and it could help us with manage corruption little more...
Most poor and developing countries are in Africa, the richest continent. The unity, brotherly, and understanding have been broken. Fixing it and liberating the minds of Africans would go along way. Citizens of Africans have great responsibilities to play, but the leaders have greater responsibilities, to stand firm and not let their minds be played with.
A problem can arise if one country takes on too much debt and wants to print money. The other countries in the currency union will not want the danger of potential hyperinflation by too much monetary expansion. In Europe, we have risked future hyperinflation by bailing out Greece. A better policy would have been to let Greece re-introduce it`s own national currency and suffer the consequences of taking on too much debt. Hopefully, Africa will learn from Europe`s mistakes.
Interesting that this guy is being interviewed and dropping so much knowledge, debunking all the negative questions she keeps asking, yet they never show his name and title on the screen during the interview.
It must not be printed in France and must not be pegged to the euro due to long term psychological effect of how we Africans will continuously see ourselves as lower to the Europeans. Also, the name of the currency must not be ECO. It must be a name deriving from other African currencies like CEDI and NAIRA. So first two letters of CEDIS and first two letters of NAIRA. Which will be CENA. It sounds fresh, it sounds better and the look of it looks strong and inviting. If the new currency is printed in Africa, it will create jobs for at least 1000 thousand direct and indirect jobs.
Another important step to be quickly taken should be fighting to evaluate the devaluated African currencies against the euro and dollar etc which were purposely designed to stagnate our economies and undervalue African commodities in the world market. This must happen with a one market policy all over africa with regards to resources the world cannot function without and of course with a common currency Which is already in the making. THANK YOU AFRICA FOR THE BOLD STEP ON THE MOVE
This is about unity and team work of Africa. .. looking at the risk is good but these risks must come with solutions and stop making some od the member states feel like they will loos everything when they join. .well is about helping and working as a team to remove any challenges that is there or may have come to achieve a better Africa for Africans. The EU had a strong mind set and worked as a team and now they are progressing which Germany never looked at what they will lose but rather keeping each member states back. Ecowas go on with the strong mind set, work as a team, don't let the tipical African minds and Europeans mockeries stops you from this because they are afraid of Africa and that is how it should be. If they did it, we can do more than what they have achieved as eu.
This single currency will struggle cause as you mention economic realities are different.from one country to another Some countries would benefit more than other. All would depend on economic strategies of countries that share the currency. It would be difficult to set the value of the eco that suits all countries. For me Africa should focus on political stability stronger institutions education for all children then start the harmonisation process.
With financial transparency and serious internal checks my bro all no country will loose. It's just like a confederation . Take the case of the EU, not all these countries that use the euro have the same economic potential. How can you talk about Guinea Bissau being a sick man in the block and at the same time advocating for a single currency and central bank for Africa. Men all we need is a free monetary and economic union for Africa at large or for regional blocks.
So where is the central bank going to be located? Are those countries economically similar? Otherwise, you'll end up like the Eurozone where you have Greece which is suffering while Germany which is the main beneficiary of the Euro simply because the low interest Euro helps German exporters while Greece suffers because it's spending way more on borrowed cheap loans than it actually earns!
@@chrisoghenetegamaloney5799 well,I hope the other countries in the currency zone don't mind that as Nigeria will certainly be the largest economy by far in the single currency zone,just like Germany is with the euro although not to the same degree. So essentially, it's a Nigerian currency in all but name only,with a few minor economies tagging along in the single currency zone! Lol😂
This is what all of africa needs to do,we need one currency across all countries in africa then we will be united Edit:we also need an african bank that will serve africa as a whole not only the rich countries. Then we should do away with borders.......This is what Gaddafi died for.
@@realhawaii5o .. not like dat Europeans were saying so bcoz dey wanted to overthrow him since he wasn't their yes sir..they bought some puppets to try to take him down.. when he went after sellouts he was called a bully das European style of putting confusion to Africans..if you don't by their story they black mail u with sunctions down grade your economy so dat you will fail to service yo ppl..nd dey by puppets to mobilise to vote you out..diz white monopoly capital are after our resources.
We need to tackle corruption first and create a level ground for everybody.not just the rich.and Nigeria should lead the fight against corruption. That way all africans will taste succes.
@@janeatieno269 That's true the is so much corruption in africa but it's mostly caused by our oppressors as a tool to keep us oppressed and telling us that we are not capable of leading ourselves
They said. The European said. Is risky to adopt. Single. Currency but. Euro is. Not risky. Just. Wait. Africa 6. Month. This. Eco we. Becoming like. Toilet paper. Are. Truth. The. European there will distort. The. Value of the money especially. France they are not happy with the money Eco. Because. Cfa is. Out. May. God. Bless. African amen
But currency is ped in Europe and its printed in France whats the difference print it in Africa and don't peg it to any nation back ur currency with gold and silver oil etc
We don't need a single currency - what we need is education so we can tackle industrialisation with competent people at the helm. We have all the raw material and no knowledge on manufacturing. How do we get that knowledge? From overseas - that is how. Can't have one thing without the other.
When black people having interview they talk too much , keep ur interview simple, when you telling them every piece of ur good plan u going to do for ur country, they will try their best to break it up, for it not to come in place, learn that, less talking and action, can u interview them for the plan what they have for thier country,
Do you really know your stuff man? Nigeria GDP is not $8 billion but $400 billion. You are making unnecessary noise with erroneous figures. Where did you go to school? You don't know anything about economics so please be quite.
@@ujuMD i am writing articles about the way forward forward for Africa. The issue is about the guy who was talking to give accurate figures so that the lawman on the street can understand things. If one is presenting a topic to the public they cannot give inaccurate information for another person to use that information elsewhere. Alright
@Bissy Ansong. You didn't listen well. He said the economy of the biggest state in Nigeria probably referring to Lagos. He's saying in essence that a state in Nigeria grosses higher income than Guinea Bissau as a whole.
Multinational and international companies should pay taxes in Africa.
To who should they pay taxes to?
no they should be booted out of africa
Nigeria will actually loose more for a period of time...But it worths it..Uniting mother Land is a goal that must be achieved. ❤🇳🇬
Not true
@@factumtv5787 What is not true?
The level of corruption will be exposed by this ecowas
@@trollasaur3012 historically Africa has been extremely easily manipulated by others.
It has been very rare when they have been able to unravel a deception and get out of it. The score is like 1 million Europeans to 10 Africa - mostly Magifuli is catching the deceptions. Poor Africans go to their oppressor for every single problem and election they have not realizing the chickens are going to wolf for help.
Of course you know who is behind boko haram and all the jihadi in Africa - the new york times says boko haram has the most sophisticated drones in the world - and spectacular weapons top class in the world.
So Africa with the ecowas pushing out desperate colonizers will not be the ugliest series of events in the world. - france is not afraid to start a full scale all out war over this. - Africa will have to realize they will have to fight everyone by themselves and deal with all the deception, economic sabotage and everything by themselves.
Yes ideologicaly it could be a good thing however if the currency is attached or controlled by the french government then its basicly economic slavery which will be joined to the one world order so irs putting Africa in line for the antichrist as it will go from paper to digital currency credit system the
Oath ti the veast or you will be deceased
Some analysts think it;s risky for ECOWAS to adopt a single currency ..but it's not risky to have the Euro as a single currency
The difference is the Euro is used by enough countries that are rich enough to bail it out should it come under attack by currency speculators. However, many analysts have pointed to the elephant in the room, and that is Italy and its extremely high debt levels; should investors and lenders lose confidence in Italy's ability to repay its debts, then the Euro could come under attack which may spell the beginning of the end for the Euro!
That's why they're trying to Destabilize Nigeria. Like it or not, it's going to happen.
I just want the west of Africa to have a voice, it's about power for me.. we can senction the west if they try funny business. I just want them to have that power. Our countries are not big to fight, we have to unite
@@peikinwinner6255 Any African country or leader is a threat to these greedy countries.
... If Africa learns to stand, it's game over for them.
Kudos to ECOWAS,now EASTERN Africa wants to do same. May God bless Africa and the people within.
East Africa are not awake yet, especially you have a regime issayas aferorke, who is building more prison not college. And killing Eritrean people left and right
@@artzhaye759 Eritrea is not eastern Africa, it is considered as part of the horn of Africa. EA is made up of Kenya, Uganda, South Sudan, Tanzania, Rwanda, Burundi and Congo s soon to join.
@Jamila Moseka ok, it is officially west Africa as now
Well spoken my brother. You're so intelligent, even the lady was confused.
I love this man. Firm. And a true representative of African upcoming young stars. One thing i would advice the African leaders is that their plans must be discrete from western ears. They will intervene and delay the processes of self governance and freedom. We need to come together as afRica and cast out influence and do our own thing. We really have everything here in Africa. They need us . We don't need them.
We need private black corporations ok. We need these top businesses to work together for one agenda. You guys make life hard for us because its really not that complicated.
I find it hard to believe that we dont understand that control starts with businesses and that we build a society based on a number of businesses which act as the base in each institution.
I am looking for leaders who want to launch these companies that will actively employ our people to make our agenda a reality.
@@heaty007 where you based?
Actually we need nuclear weapons
@@karimswainson157 Good luck with that.
Amen European Stolen Goods from Africa So why do Africa need White Supremacist plans to Restore its land and Wealth.
Getting prouder to be African, our leaders are waking up
Boitshepo Setlhake more need to be done we are too far behind
It's up to the young people of Africa.
We need to adopt the same on the SADC region
@@fishdawn1804 True I can't wait
Let's hope they stay woke
Nigeria will bring it's industrious people to ecowas.
Bravo Nigeria I'm proud of you.
I'm so proud of our brothers in the ECOWAS region. Rise Africa! Rise!
it will result into nothing as usual..
Rise!!!!
I agree with the sentiment but you sound a bit like Mrs Bumble. Rise us up, Bumble!
One love sweetie. We are kicking the mzugus out from our land...
I'm saving up. I can't wait to go back to the motherland to start a business.
Come back brother we love you, Africa is the future let's build it together! All blacks across the globe are welcomed back home.
I'm doing this too!
BrKT85 I’m saving up my money to do the same thing, good luck.
@@KayodeEdmonds yay they're so many of us. I'm an 18 year Nigerian girl studying engineering in the US and my plan is to work here for a few years while saving up money to start my own business in rural Nigeria
Why wait???
I’m going to save money myself and start my business in Africa, I’m setting up in West Africa.
Start in Nigeria 😂😂. Just kidding, anywhere is OK.
Go for it😁👍
Thomas Sankara and Nkrumah would be so proud of this young man and his analysis. Bravo for your intelligence and insight.
West african countries should rally support for Nigeria to champion this transition..but clearly we don't need france on this journey..
When Euro adopted single currency, Africans didn’t analysis the risk? Africans be yourself,
Europe analyses African one currency risk because they have everything to lose. And Africa will overtake the west I'm economy. All the wests economy comes from Africa. Not to mention food and so on.
This guy knows about the Game . We are so behind cuz of the west
Adopting one currency is worth it in the long run. Nigeria will do the right thing for the continent.
The name Nkrumah makes me proud to an African
"Africa was not on the table on G20 2019, it was on the MENU".
Nigeria won’t lose anything this is a good thing for us in Africa let’s go yess we can and will do it and we most do it
we need a single currency in africa.
Brilliant move ECOWAS, the whole of Africa should follow suite!! 👏🏾👏🏾
Kaboom!!! The last G20 summit.."Africa was not on the table, so which means Africa was on the menu." My bruh hit it right on the head
We don’t need People who exploit our country and do not like us,we are victims of hatred around the world but now we have to go forward without those predators
We are trying to get our money back home and then our Blood and everything will be alright.
🤣 🤣 🤣 Love how the white lady spazzzzed out in the end. Had an error 404 moment because she couldn't process the truths being served to her.
Lol! Thanks for the warning.
404
BlaqOnyx l
mxm you are talking bullshit.That's a south african woman,how does west africa having one currency affect her?She simply struggled pronouncing a foreign name and you go over board excited lol..Typical of most africans,living in fantasy.
@@mabhodlelajj1195 typical invader pretending to be African. Or are you the garden boy? Wake up!
@@mabhodlelajj1195 by the way she is not an authentic African. She is borrowing that country. AMANDLA ! Expropriation of land without compensation, ASAP!
This lady was so busy being negative about Africa and it providing solutions for itself that she couldn't even remember his name.
it's foreign name dude,how do you expect her to remember it easy?Chill out,always excited with nothing here..
I am always cautious when we have to explain our intentions to the west on their media especially. Considering their present and past
all the big company in africa dont pay taxes tey just take africa money go out.
😂😂thank God this guy is not a Ghanaian ho,because that moment he hear nigeria he for miss tracks he would have use all remaining time to convince her that Ghanaians are better than Nigerians 🤣🤣God thank you we need more like this brother one love africa 😜
Very true 😂😂😂😂😂
May God bless Africa
Wehh Cameroon ooo.. When wuna go wake up?
AFRICA UNITE!!!!!!!WHO CARES WHAT FRANCE THINKS.
I love this Brotha. Very intelligent and not easily intimidated by white media . The interviewer was clearly shaken by the message he delivered. She ended the interview by grudgingly mentioning his name; and did not even bother to thank him at the end. "that is aaa,...the aaa..sorry about that..." Its a brand new day! Africa is Rising!!!!
it's common for people to struggle with foreign names dude,that little thing made you excited now lol?!!Typical african lol..Always living in fantasy..
Thank you brother Tapiwa ❤💛💚❤🖤💚
United States of Africa soon come ✊🏾✊🏾✊🏾✊🏾
Africa Unite
I would love to see Africa be the leader in clean energy and protect their God given recourses that strengthen their dollar . Education is key to the progression and making it easily accessible will raise the bar . Treat your teachers like gold . I believe I will see something special in my lifetime . I can feel the ambition of the generation . Independence is power and leverage.
Who is this well articulated interviewee? We want to know.
He speaks English well but he gets sooo many facts wrong. Nigeria's GDP is ~400 Billion. He also doesn't talk about the elephant in the room, France. Well articulated just means house broken...not smart.
ciceroji watch again, France is talked about.
big move Africa i must return to the mother land
Need plenty Africa mind like this man to send our Africa nations forward for our black people and future generations
Is very important to used ECOWAS card identification ,to check crime movement from one point to other, and with high security check point.
African was never a sovereignty Africa were made so in Berlin conference
Trade trade trade, it’s about time that Africa discusses trade issues and make them well known to the masses.. way to go @enca
We must not forget who fought and lost her job for speaking up about this injustice by France
We will never forget Her ✊🏾
@@TheAfroGoddess fantastic Lady true panafricanist
Is better that Nigeria should continue to use our naira currency not changing to ecowas.that will make the poor people in Nigeria remain poor, let the Nigeria government plan for education work and light Nigeria need all this things. not planning to change Nigeria currency we are ok with our niara
Way to go West Africa. Lets cut off the middle man and work directly together. One currency is a great start. Dismantling the colonial borders is the ultimate goal. We can do it.
Ya you right we will loose more but we need this big time 😍🇳🇬
He hit her with some truth and she started stuttering.
I think this currency will strengthen bounds.
Now is our times to get our own business and stay in our country's, thanks so much to our leaders
America has it, the EU has it. So why is Africa different?. I wonder?.
...bro, Kwame Nkruma didn't speak of the African Renaissance, he used Pan-Africanism as the rallying call/concept...the Renaissance concept was an Italian concept, and President Thabo Mbeki of South Africa used the concept of the African Renaissance, which was given an impetus in his....l Am an African... speech...
Red Pill
I don't see how Nigeria will benefit from this.
Our leaders are using our economy for an African ego trip.
Bros am just tired.. They want to share our economy to everyone.. No benefit to us
solomon obihan think 🤔 again how is Germany benefiting in the eu? With their largest economy same way we benefit if we use the German method n strategy right...
@comrade RSA Incorruptible this will be the opportunity to organize and restructure our country and economy in other to gain more, if not all indications are pointing towards lose
this time nothing can stop us from using eco
Africa needs to get rid of the colonizrers before the Uification...100%
Single currency politics integration ist the only salvation for the future African generation to come unite mama Africa
Sorry to say that this currency hasn't started on a good footing with France beeing the guarantor! I'm very very sceptical. This is the continuation of French neocolonialism in Africa!
I like the way tge brother thonk without saying what he is really thinhing black supremacy
Africa unite
I love our currency name "Afro"...but we should if we do it the whole Africa will be out of debt in less than 10 years and it could help us with manage corruption little more...
The video begins with such a stupid question.
I love this thing that ... specks makes some people believe it makes them look more intelligent
we should first unite ourselves as African than we can have a single currency
You lie
Lovely Wahu yes,
Most poor and developing countries are in Africa, the richest continent. The unity, brotherly, and understanding have been broken. Fixing it and liberating the minds of Africans would go along way. Citizens of Africans have great responsibilities to play, but the leaders have greater responsibilities, to stand firm and not let their minds be played with.
A problem can arise if one country takes on too much debt and wants to print money. The other countries in the currency union will not want the danger of potential hyperinflation by too much monetary expansion. In Europe, we have risked future hyperinflation by bailing out Greece. A better policy would have been to let Greece re-introduce it`s own national currency and suffer the consequences of taking on too much debt. Hopefully, Africa will learn from Europe`s mistakes.
Interesting that this guy is being interviewed and dropping so much knowledge, debunking all the negative questions she keeps asking, yet they never show his name and title on the screen during the interview.
Tapiwa Dimond Chaya that his name from zimbabwe
@@tapsluamufakose2550 Thank you very much. Will look him up.
If it is Fiat, it is not money. Moody will junk that money in a second.
It must not be printed in France and must not be pegged to the euro due to long term psychological effect of how we Africans will continuously see ourselves as lower to the Europeans. Also, the name of the currency must not be ECO. It must be a name deriving from other African currencies like CEDI and NAIRA. So first two letters of CEDIS and first two letters of NAIRA. Which will be CENA. It sounds fresh, it sounds better and the look of it looks strong and inviting. If the new currency is printed in Africa, it will create jobs for at least 1000 thousand direct and indirect jobs.
Nothing is worse than the current system, especially with the Fancophone countries. Niger in particular, is a time bomb with the uranium pollution.
Another important step to be quickly taken should be fighting to evaluate the devaluated African currencies against the euro and dollar etc which were purposely designed to stagnate our economies and undervalue African commodities in the world market.
This must happen with a one market policy all over africa with regards to resources the world cannot function without and of course with a common currency Which is already in the making.
THANK YOU AFRICA FOR THE BOLD STEP ON THE MOVE
Wat risk?
That been in the works 20yrs bow
that woman is diabolic as western .thinking Africa can't do wituot the western world
This is about unity and team work of Africa. .. looking at the risk is good but these risks must come with solutions and stop making some od the member states feel like they will loos everything when they join. .well is about helping and working as a team to remove any challenges that is there or may have come to achieve a better Africa for Africans. The EU had a strong mind set and worked as a team and now they are progressing which Germany never looked at what they will lose but rather keeping each member states back. Ecowas go on with the strong mind set, work as a team, don't let the tipical African minds and Europeans mockeries stops you from this because they are afraid of Africa and that is how it should be. If they did it, we can do more than what they have achieved as eu.
This single currency will struggle cause as you mention economic realities are different.from one country to another Some countries would benefit more than other. All would depend on economic strategies of countries that share the currency. It would be difficult to set the value of the eco that suits all countries. For me Africa should focus on political stability stronger institutions education for all children then start the harmonisation process.
What the .... is my black brother wearing round it's neck? Bowtie???
Bro, were not paying taxes to france, thats going to the ECO to grow exponentially
With financial transparency and serious internal checks my bro all no country will loose. It's just like a confederation . Take the case of the EU, not all these countries that use the euro have the same economic potential. How can you talk about Guinea Bissau being a sick man in the block and at the same time advocating for a single currency and central bank for Africa. Men all we need is a free monetary and economic union for Africa at large or for regional blocks.
So where is the central bank going to be located? Are those countries economically similar? Otherwise, you'll end up like the Eurozone where you have Greece which is suffering while Germany which is the main beneficiary of the Euro simply because the low interest Euro helps German exporters while Greece suffers because it's spending way more on borrowed cheap loans than it actually earns!
Eyeofthetiger Nigeria definitely gonna benefit just like the Germans
@@chrisoghenetegamaloney5799 well,I hope the other countries in the currency zone don't mind that as Nigeria will certainly be the largest economy by far in the single currency zone,just like Germany is with the euro although not to the same degree. So essentially, it's a Nigerian currency in all but name only,with a few minor economies tagging along in the single currency zone!
Lol😂
Oh yes Brother!Right On(I don't like typing in this language)
This is what all of africa needs to do,we need one currency across all countries in africa then we will be united
Edit:we also need an african bank that will serve africa as a whole not only the rich countries. Then we should do away with borders.......This is what Gaddafi died for.
He died for being a brutal dictator, though.
@@realhawaii5o believe non of what you hear and only half of what you see and question everything else
@@realhawaii5o .. not like dat Europeans were saying so bcoz dey wanted to overthrow him since he wasn't their yes sir..they bought some puppets to try to take him down.. when he went after sellouts he was called a bully das European style of putting confusion to Africans..if you don't by their story they black mail u with sunctions down grade your economy so dat you will fail to service yo ppl..nd dey by puppets to mobilise to vote you out..diz white monopoly capital are after our resources.
We need to tackle corruption first and create a level ground for everybody.not just the rich.and Nigeria should lead the fight against corruption. That way all africans will taste succes.
@@janeatieno269 That's true the is so much corruption in africa but it's mostly caused by our oppressors as a tool to keep us oppressed and telling us that we are not capable of leading ourselves
They said. The European said. Is risky to adopt. Single. Currency but. Euro is. Not risky. Just. Wait. Africa 6. Month. This. Eco we. Becoming like. Toilet paper. Are. Truth. The. European there will distort. The. Value of the money especially. France they are not happy with the money Eco. Because. Cfa is. Out. May. God. Bless. African amen
This man is a superhero,whats his name?🤔🤔
limbani mkorongo his name is African man
Nigeria gerat
But currency is ped in Europe and its printed in France whats the difference print it in Africa and don't peg it to any nation back ur currency with gold and silver oil etc
Why are there Korean subtitles for this?🤣
Kudos to Ecowas. One United 🙏🙏
This woman is pissing me off.
He is lying South.can't lose more to Zambia nowadays..Zambian kwacha is strong than rand
With Nigerians I believe gone work ✊
why?They cab't even build their own country.Nigeria have large economy compared to other west african countries because of oil,nothing else..
@@mabhodlelajj1195 really? You think Nigeria GDP is only oil? You better do your research well because your comment clearly shows you lack knowledge.
@@africaandpolitics137 over 80% of nigerian GDP is coming from oil,so?
@@mabhodlelajj1195 I don't think u listen to the guy in the video, without Nigeria anything they're doing can't work.
Working is the best way to get poverty out
William Tukei14 you are talking but not making any sense
@@Oyzatt ok tell me ur sence
Now it's time to move all ur forex reserves from banque de france
Why do you keep saying Nigeria.
....we will still use ecowas....you ask all you want...what about the euro stop asking foolish questions
Devalued currency.
We don't need a single currency - what we need is education so we can tackle industrialisation with competent people at the helm. We have all the raw material and no knowledge on manufacturing. How do we get that knowledge? From overseas - that is how. Can't have one thing without the other.
And the currency is the way forward
Nigerians don't think for de Africa's.believe mi.
When black people having interview they talk too much , keep ur interview simple, when you telling them every piece of ur good plan u going to do for ur country, they will try their best to break it up, for it not to come in place, learn that, less talking and action, can u interview them for the plan what they have for thier country,
You racist. I pray that God punishes u in Jesus name Amen.....
aaaaah there we go again with the African RE-nonsense. Great!!!
Do you really know your stuff man? Nigeria GDP is not $8 billion but $400 billion. You are making unnecessary noise with erroneous figures. Where did you go to school? You don't know anything about economics so please be quite.
@@ujuMD i am writing articles about the way forward forward for Africa. The issue is about the guy who was talking to give accurate figures so that the lawman on the street can understand things. If one is presenting a topic to the public they cannot give inaccurate information for another person to use that information elsewhere. Alright
@Bissy Ansong. You didn't listen well. He said the economy of the biggest state in Nigeria probably referring to Lagos. He's saying in essence that a state in Nigeria grosses higher income than Guinea Bissau as a whole.
This guy's telling some falsehoods.