• About Us
  • Advertise
  • Contact Us
  • Privacy Policy
Friday, June 6, 2025
No Result
View All Result
NewsNet Nigeria
  • Home
  • News
    • Local News
    • National
  • Politics
  • Economy
    • Oil and Gas
  • Crime
  • Education
  • Health
  • Entertainment
    • Lifestyle
  • Sports
  • MORE
    • Interview
    • Editorial
    • Opinion
    • Columns
    • Science & Tech
    • Videos
NewsNet Nigeria
No Result
View All Result
Home Opinion

Senator Nwoko advocates for enhanced internal cohesion in Africa

by NewsNet Nigeria
8 months ago
in Opinion
Senator Nwoko advocates for enhanced internal cohesion in Africa

Senator Ned Nwoko

Share on FacebookShare on TwitterShare on LinkedinShare on Whatsapp

Senator Ned Nwoko, a prominent Nigerian businessman, lawyer, philanthropist, and federal lawmaker, recently made headlines when he called for a unified currency and common language for the 54 countries on the African continent.

His call has sparked conversation and debate across the African continent. His proposal taps into broader discussions about the future of Africa, particularly how the continent can better position itself on the global stage, enhance internal cohesion, and unlock its economic potential.

Senator Nwoko advocates for enhanced internal cohesion of Africa

These ideas are both ambitious and complex, rooted in a vision for greater African unity. They also come with significant challenges, requiring deep exploration to understand the motivations, potential benefits, and obstacles of implementing a unified currency and language across Africa.

One of the major aspects of Nwoko’s proposal is his call for a single African currency. Currently, Africa is home to 54 countries, many of which use different currencies. Some countries share a currency through regional organizations, such as the West African CFA franc or the East African Shilling, but the continent still suffers from a fragmented monetary landscape. This fragmentation has long been seen as an obstacle to deeper economic integration.

A unified currency, according to Nwoko, would be transformative for Africa. By creating a single monetary unit, African nations could eliminate the need for currency conversion when trading with one another, which would reduce transaction costs and make cross-border trade simpler and more efficient.

ALSO READ  I've never taken a dime from Senator Nwoko; my support for him is based solely on his character, track record of transparency, integrity - Emma Ejiofor

Businesses could more easily operate across national borders, as they would no longer need to deal with exchange rate fluctuations. This could foster the growth of intra-African trade, which remains underdeveloped despite efforts like the African Continental Free Trade Area (AfCFTA) aimed at boosting trade between African nations.

Moreover, a unified currency could provide economic stability for many African countries, some of which experience significant volatility in their national currencies due to inflation or poor fiscal management. By adopting a common currency, these countries could benefit from a more stable and regulated monetary policy, similar to the experience of smaller European nations after joining the eurozone.

In addition, a unified currency could attract greater foreign investment to Africa. Investors are often wary of the risks associated with currency fluctuations, particularly in emerging markets. A stable, continent-wide currency could mitigate some of those risks, making African markets more attractive to global investors. This, in turn, could drive economic growth and development across the continent.

Alongside his call for a unified currency, Nwoko has also proposed the adoption of a common African language. Africa is home to an astonishing linguistic diversity, with more than 2,000 languages spoken across the continent. This linguistic diversity is a testament to the rich cultural heritage of Africa, but it also presents a challenge for communication, education, and unity.

ALSO READ  Soaring rating of APC in Delta North over Senator Nwoko's defection and PDP's depleting influence

Nwoko’s proposal for a common language is aimed at addressing these challenges. By adopting a single language for communication across the continent, Africans could more easily engage with one another, whether in trade, diplomacy, or cultural exchange.

A common language could also play a role in fostering a stronger sense of African identity and unity, helping to overcome the divisions that colonialism imposed by drawing arbitrary borders between ethnic groups and languages.

A common language could also have practical benefits in terms of education and governance. Currently, many African countries use colonial languages, such as English, French, and Portuguese, as their official languages. While these languages serve as bridges between different linguistic groups, they also perpetuate the legacy of colonialism and can be barriers to education for many people, particularly those in rural areas who do not speak the colonial languages fluently.

By adopting a common African language, countries could promote greater access to education and more inclusive governance, empowering citizens to participate more fully in their societies.

A unified language, according to Nwoko, would promote social cohesion, facilitate education, and enable Africans to communicate more effectively with one another. By breaking down linguistic barriers, a common language could foster a stronger sense of African identity and unity. It would allow for the free flow of ideas, knowledge, and innovation, which is essential for the continent’s development.

ALSO READ  Your bold steps in reviving sports broadcasting commendable - Senator Nwoko to Dikko-led National Sports Commission

Ned Nwoko’s call for a unified African currency and language reflects a broader vision for African unity and progress. His proposals are rooted in the belief that Africa can achieve greater economic and social integration by breaking down the barriers that divide its people.

A unified currency could simplify trade, attract investment, and provide economic stability, while a common language could foster greater communication and cultural unity across the continent.

However, both ideas face significant challenges. The economic disparity between African countries, the need for strong institutions, and the complexities of implementing a new currency are major obstacles to a unified currency.

Similarly, the linguistic diversity of Africa and the practical challenges of adopting a common language would make that process partly challenging. Despite these challenges, Nwoko’s proposals open an important conversation about the future of Africa and how the continent can work towards greater unity and self-reliance in the years to come.

BY AUSTIN OYIBODE
PUBLISHER/EDITOR EMERALD NEWS

Previous Post

Delta Speaker felicitates Uduaghan at 70

Next Post

Tinubu carries out major cabinet reshuffle

MORE NEWS

Who Owns Warri: When Chief Ukueku Humbled Prof Itse Sagay
Opinion

Who Owns Warri: When Chief Ukueku Humbled Prof Itse Sagay

June 1, 2025
Nicholas Mutu’s Plot To Recontest In 2027 After 28 Years In Office Is A Betrayal Of Public Trust
Opinion

Nicholas Mutu’s Plot To Recontest In 2027 After 28 Years In Office Is A Betrayal Of Public Trust

May 24, 2025
Nigeria: A nation unto itself?
Opinion

Nigeria: A nation unto itself?

May 3, 2025
President Tinubu saw Tomorrow: The red cap Political Quake
Opinion

President Tinubu saw Tomorrow: The red cap Political Quake

May 2, 2025
Next Post
Tinubu vows to deal with perpetrators of violence in guise of hunger protest

Tinubu carries out major cabinet reshuffle

Leave Comment

RECENT STORIES

Insights on Ned Nwoko’s initiative to upgrade Federal College of Education (Technical) Asaba to Federal University of Technology, Asaba

Insights on Ned Nwoko’s initiative to upgrade Federal College of Education (Technical) Asaba to Federal University of Technology, Asaba

June 5, 2025
APC UVWIE UNITY MEETING: Ighrakpata, Oboro, others resolve to work under leadership of Keyamo

APC UVWIE UNITY MEETING: Ighrakpata, Oboro, others resolve to work under leadership of Keyamo

June 5, 2025
Police battle kidnappers in Ogwashi-Uku, rescue 5 abducted church members

Four kidnappers fall to fire power of police, hunters in Abraka

June 4, 2025
Policemen who brutalised DJ, made away with POS money under investigation – Delta CP

Policemen who brutalised DJ, made away with POS money under investigation – Delta CP

June 4, 2025
DOPF fumes over use of excessive force on peaceful protesters in Abraka

DOPF fumes over use of excessive force on peaceful protesters in Abraka

June 4, 2025

TRENDING STORIES

  • Who Owns Warri: When Chief Ukueku Humbled Prof Itse Sagay

    Who Owns Warri: When Chief Ukueku Humbled Prof Itse Sagay

    0 shares
    Share 0 Tweet 0
  • Four kidnappers fall to fire power of police, hunters in Abraka

    0 shares
    Share 0 Tweet 0
  • Pondi unveils Isoko Youth House, restates Tantita’s commitment to peace, development in Niger Delta

    0 shares
    Share 0 Tweet 0
  • Insecurity: Akpowowo appeals to Abraka residents to abort planned protests, says decisive steps being taken to flush out perpetrators

    0 shares
    Share 0 Tweet 0
  • Seven benefits of breast sucking to women by experts

    0 shares
    Share 0 Tweet 0
  • About Us
  • Advertise
  • Contact Us
  • Privacy Policy

NEWSNET NIGERIA Published By: Morex Consult Limited - Since 2020.

No Result
View All Result
  • Home
  • News
    • Local News
    • National
  • Politics
  • Economy
    • Oil and Gas
  • Crime
  • Education
  • Health
  • Entertainment
    • Lifestyle
  • Sports
  • MORE
    • Interview
    • Editorial
    • Opinion
    • Columns
    • Science & Tech
    • Videos

NEWSNET NIGERIA Published By: Morex Consult Limited - Since 2020.