Stakeholders Seek Single African Currency To Aid Development.

Stakeholders have advocated for a single currency across Africa to ensure the development and growth of the region.

The stakeholders also alleged intentional conspiracy for the continued delay in implementing a single African currency and trade facilitation. Read More: https://legalattorneyblog.com/2023/08/15/cbn-spent-%e2%82%a674-84bn-on-naira-redesign-currency-issue-expenses-in-2022-report/

These were part of the suggestions made at the 2022 National Institute Seminar for Executive Intelligence Management Course (EIMC), 16 at the National Institute For Security Studies (NISS) in Abuja on Wednesday with the theme: “Globalisation And Regional Economic Integration: Implications For Sustainable Development In Africa”.

Speaking at the programme, the chairman of the programme, Professor Abubakar Rasheed, vice-chancellor at the University of Abuja, said that a single currency in Africa as a region will lead to growth, unity and economic boost of the African region.

Represented by the deputy vice-chancellor of the University of Abuja, Professor Philip Afaha, the chairman further said Europeans must allow African countries to solve their problems the African way without interference and imposition of European solutions to Africa.

He also said disunity among African countries is the cause of underdevelopment in Africa and stated that the single African currency will unite African nations.

Also speaking at the programme, one of the speakers, Professor Undenta, said the current situation in Niger Republic is a matter of interference and interests from Europeans and Americans who have natural resources to gain from the region.

Earlier, the director-general of the Department of State Service (DSS), Yusuf Bichi, said: ” In today’s world, you will agree with me that the landscape of security challenges is rapidly evolving and the dynamism of globalization and regional economic integration plays a pivotal role.”

Represented by Bolaji Toke, the director-general, while speaking on the programme’s theme, said, “The topic of the seminar stressed at the heart of our collective responsibility as professionals in intelligence, security, law enforcement and regulations. The interconnectivity of our globalized world demands high levels of collaboration by sharing information and expertise across the nations.

“In our pursuit of safeguarding the interest of our nations and ensuring our citizens’ safety, we are tasked with striking a delicate balance between security imperatives and sustainable development goals. We are committed to facing the challenge at the DSS, recognizing that security and economic progress are intertwined.”

The Executive Intelligence Management Course (EIMC), 16 is made up of 86 participants from DSS, FAAN, NDLEA, Military, Police, EFCC, ICPC, FRSC, NPA, NIMASA, FIRS, NUC, The Gambia, Niger Republic, Chad among others.

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