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French Emmanuel Macron, has endorsed the decision by the Economic Community of West Africa States (ECOWAS) countries to use a common currency, the Eco,

At the 56th Ordinary session of ECOWAS held at the State Conference Centre in Abuja, the heads of governments announced their readiness for implementation process.

Countries to use the Eco include Benin, Burkina Faso, Cape Verde, Gambia, Ghana, Guinea, Guinea-Bissau, Ivory Coast, Liberia, Mali, Niger, , Senegal, Sierra Leone and Togo.

At a bilateral meeting with President Muhammadu , the President of Cote d’Ivoire, Alhassan Quattara, spoke on the progress of the ECOWAS mandate given to him to negotiate exit of Francophone West African countries from their currency union with France and European Union (EU).

The Ivorian leader said he had received the full support of the French government, under President Emmanuel Macron, and that the West African States were free to leave the union and join the ‘Eco’.

On Saturday, Quattara and visiting Macron, announced the reform of the long-disputed CFA franc on Saturday, a currency that is used in eight nations in the West Coast.

Macron said Eco replacing the CFA, which is seen as a symbol of French colonial rule, was good for the region.

The president, who began his three-day visit to the Ivory Coast with a visit French troops stationed in Côte d’Ivoire, said: “I wanted to engage France in a historic and ambitious reform of the cooperation between the West African economic and monetary union, and our country.

“With the reform of the CFA Franc, we are taking a big step to write a new page in our relationship with Africa.”

The eco will remain fixed to the Euro, while required deposits from African nations into French coffers are now eliminated.

With the development, France will no longer hold a seat on the Monetary Union of West Africa (UEMOA) linked West African central bank led by Quattara.

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Abass Sulaiman Adegoke, well known as Adegoke is a student of Federal Polytechnic Ede studying Civil Engineering, He is a media enthusiast, loves traveling, and has a special interest in personal development.

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BREAKING: Makinde Recovers, Tests Negative For Coronavirus For Second Time

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BREAKING: Makinde Recovers, Tests Negative For Coronavirus For Second Time mak

Oyo state governor, Engineer Seyi Makinde has recovered and tested negative for the second time for coronavirus.

This was made known in a tweet on his official twitter account on Sunday night.

The tweet reads: “I am deeply moved by your prayers and support throughout this period. I am so thankful.

“This evening, I received my second negative test result for COVID-19. I especially thank Prof Temitope Alonge, who acted in my stead as Head of the Oyo State COVID-19 Task Force”.

The governor also said that he will be resuming tomorrow (Monday) as the head of the task force in the state.

 

He said “I am also grateful to all members of the Task Force for their cooperation during this time. I will be resuming my responsibility as Head of the Task Force from tomorrow.”

 

 

Recall that we had earlier reported that Makinde tested positive for the virus. A development which made him proceed on self isolation and handed over the Oyo State Covid-19 Task force to Prof Temitope Alonge.

 

Meanwhile, as at 09:30 pm 5th April, there are 232 confirmed cases, 33 discharged, 5 deaths in .

 

For a breakdown of cases Lagos- 120, FCT- 47, Osun- 20, Oyo- 9, Edo- 9, Bauchi- 6, Akwa Ibom- 5, Kaduna- 5, Ogun- 4, Enugu- 2, Ekiti- 2, Rivers-1, Benue- 1 and Ondo- 1.

 

(Insight Oyo)

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BREAKING: Nigeria records eight new cases of COVID-19, Total now 232

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BREAKING: Nigeria records eight new cases of COVID-19, Total now 232 COVID 19 1 532x375 2

The Centre for Disease Control (NCDC) has announced eight new cases of COVID-19.

It said five of the cases are in Lagos, two  in the FCT and one in Kaduna State.

In a tweet on its verified Twitter handle on Sunday evening, NCDC said: “As at 09:30 pm 5th April there are 232 confirmed cases of #COVID19 reported in Nigeria. Thirty-three have been discharged with five deaths.”

 

Details shortly…

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