The major problem of the ECOWAS is lack of?

A. a common currency
B. commitment by members
C. uniform ideology
D. a common customs union

Correct Answer:

Option A – a common currency

Explanation

The major problem of the ECOWAS is lack of common currency.

This makes financial transactions difficult among member nations.

Other problems include:

1. The high rate of poverty
2. The existence of other sub-regional organizations e.g CEAO.
3. Language barrier
4. The problem of refugees and displaced persons.
5. Similarity in agricultural products.