The association, in a letter signed by its President, Ken Ukaoha, and made available to our correspondent, said for the monetary union to be beneficial to the sub-region, issues of trade barriers and corruption at the borders must be effectively addressed.
“This is the only way that the benefits of a monetary union will trickle down to the citizens located even at the lowest ebb of the ladder. The idea of the single currency for the West African region was conceived about 30 years ago in the hope of boosting cross-border trade and economic development.
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