Abstract
This article examines Nigeria's role in the proposed adoption of a monetary union. Despite the laudable objectives of fostering intra-regional trade and exchange among ECOWAS member countries, through the proposed ECOWAS monetary union, little success has been recorded due to the Anglophone and Francophone divide and conflicting economic priorities of several member countries. This paper, therefore, examines the factors that have militated against the progress of the initiative among ECOWAS member states and Nigeria‘s role to create a monetary union for the sub region. The paper concludes that if the basic components of monetary union are carefully implemented, it can be an effective tool in facilitating sustainable integration process, through enhancing regional trade leading to development among member states.
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