THE IMPLICATION OF COMMON CURRENCY FOR WEST AFRICAN COUNTRIES
- Project Research
- 1-5 Chapters
- Abstract : Available
- Table of Content: Available
- Reference Style: APA
- Recommended for : Student Researchers
- NGN 3000
ABSTRACT
This project research is primarily aimed at dealing with the implications of a common currency for West African countries. As the world is geared towards globalization, West African countries deemed it very imperative to adopt the use of common currency in the sub-region just like their European or Francophone counterparts.
The central focus of this research is to know the extent to which the ECOWAS member states have gone in establishing a common currency for West African, to find out if the introduction of West African common currency will enhance economic growth and development in the sub-region; to examine some policy measures introduced to boost the adoption of a west African common currency. To achieve these, the researcher made use of both primary and secondary data questionnaire were extensively distributed to the officials of CBN (Enugu zonal office), First Bank Plc (zonal office Enugu) and NACIMA also in Enugu.
Based on the objectives of the study, the findings reveal that the extent to which the ECOWAs member states have gone in establishing a common currency for west Africa is not impressive nor encouraging. The establishment of a common currency for west Africa will only enhance economic growth and development in the sub " region if member stats are sincere and dedicated to the common objective, the policy measures introduced to boost the adoption of a west Africa, common currency is less encouraging and other berecuatracice associated with the introduction of common currency for west Africa in relation to trade within the sub-region could not help matters. Based on this findings, recommendations were member states that should be dedicated and committed to the project as it will, unequivocally, enhance their economic well "being an boost their political and economic image worldwide.
Related Project Materials
EFFECT OF PRECIPITATION EFFECTIVENESS INDICES ON THE YIELD OF SOME SELECTED CEREAL CROPS IN SOKOTO STATE, NIGERIA
ABSTRACT
Agriculture in Nigeria is mainly dependent on rainfall which is variable in nature. Therefore, the need to have a full knowledge...
AN APPRAISAL OF THE IMPACT OF PRINCIPLES OF UTMOST GOOD FAITH IN THE PROMPT SETTLEMENT OF INSURANANCE CLAIMS IN NIGERIA
ABSTRACT
One of the most important principles of the contract of insurance is the utmost good faith in which one of the parties to the co...
IMPACT OF COMMUNITY-BASED LEARNING PROGRAMS ON ADULT EDUCATION
Abstract The impact of community-based learning programs on adult education in urban areas is a critical area of study, especially in developi...
THE IMPACT OF A GOOD INTERNAL CONTROL SYSTEM ON FINANCIAL MANAGEMENT OF ORGANIZATION
Abstract
An internal control system is the process that can be use to provide reasonable assurance that the units...
CAUSES, PREVENTION AND TREATMENT OFDAMP ON BUILDING IN MAKOKO AREA OF YABA LOCAL GOVERNMENT IN LAGOS STATE
ABSTRACT
It has been clearly identified that one of the agent that easily deteriorate building stru...
AN ANALYSIS OF THE REGULATORY LEGAL FRAME WORK FOR FOREIGN INVESTMENT IN NIGERIA: ISSUES AND CHALLENGES
ABSTRACT
What provoked this research is the visibilly wanning national Sovereignty and Jurisdiction of developing Countries to make choic...
THE IMPACT OF ECONOMIC DOWNTURNS ON FINANCIAL MANAGEMENT PRACTICES
Abstract: THE IMPACT OF ECONOMIC DOWNTURNS ON FINANCIAL MANAGEMENT PRACTICES
This study investigates the impact of economic downturns on...
CRITICAL EXAMINATION ON LAND USE AND ALLOCATION PROCEDURE
BACKGROUND OF THE STUDY
In recent times there has been a rapant growth of towns and cities in this coun...
FAILURE EVALUATION OF ENGINEERING PROJECTS IN NIGERIA
ABSTRACT
This study centres on Failure Evaluation of Engineering Projects in Nigeria, A case study of Pipeline and Product Marketing Comp...
ANALYTICAL DESIGN AND IMPLEMENTATION OF COMPUTERIZED INFORMATION SYSTEM FOR SMALL SCALE BUSINESSES
INTRODUCTION
The most recent trend in small company operations necessitates simple access to the locati...
