• Login
  • Register
Nairametrics
  • Home
  • Exclusives
    • Financial Analysis
    • Corporate Stories
    • Interviews
    • Investigations
    • Metrics
    • Economy
    • Nairalytics
  • Markets
    • Currencies
    • Cryptos
    • Commodities
    • Equities
      • Company Results
      • Dividends
      • Stock Market
    • Fixed Income
    • Market Views
    • Securities
  • Sectors
    • Agriculture
    • Aviation
    • Company News
    • Consumer Goods
    • Corporate Updates
    • Corporate deals
    • Corporate Press Releases
    • Energy
    • Entertainment
    • Financial Services
    • Health
    • Hospitality & Travel
    • Manufacturing
    • Real Estate and Construction
    • Renewables & Sustainability
    • Tech News
  • Business News
    • Budget
    • Public Debt
    • Funds Management
    • Tax
  • Financial Literacy
    • Career tips
    • Personal Finance
  • Lifestyle
    • Billionaire Watch
    • Profiles
  • Opinions
    • Blurb
    • Op-Eds
    • Research Analysis
  • Recapitalization
    • Access Holdings Offer
    • Fidelity Bank Offer
    • GTCO Offer
    • Zenith Bank Offer
  • Home
  • Exclusives
    • Financial Analysis
    • Corporate Stories
    • Interviews
    • Investigations
    • Metrics
    • Economy
    • Nairalytics
  • Markets
    • Currencies
    • Cryptos
    • Commodities
    • Equities
      • Company Results
      • Dividends
      • Stock Market
    • Fixed Income
    • Market Views
    • Securities
  • Sectors
    • Agriculture
    • Aviation
    • Company News
    • Consumer Goods
    • Corporate Updates
    • Corporate deals
    • Corporate Press Releases
    • Energy
    • Entertainment
    • Financial Services
    • Health
    • Hospitality & Travel
    • Manufacturing
    • Real Estate and Construction
    • Renewables & Sustainability
    • Tech News
  • Business News
    • Budget
    • Public Debt
    • Funds Management
    • Tax
  • Financial Literacy
    • Career tips
    • Personal Finance
  • Lifestyle
    • Billionaire Watch
    • Profiles
  • Opinions
    • Blurb
    • Op-Eds
    • Research Analysis
  • Recapitalization
    • Access Holdings Offer
    • Fidelity Bank Offer
    • GTCO Offer
    • Zenith Bank Offer
Nairametrics
No Result
View All Result
Home Business News

Again, MAN warns FG against signing of AfCFTA

Damilare Famuyiwa by Damilare Famuyiwa
January 31, 2019
in Business News, Politics
FG New Minimum Wage, Egypt megaproject, German Chancellor Angela Merkel, President Buhari and Angela Merkel meeting, President Buhari to sign deal with Siemens, Siemens

President Muhammadu Buhari

Share on FacebookShare on TwitterShare on Linkedin

Mansur Ahmed, the President of Manufacturers Association of Nigeria (MAN), has urged the Federal Government not to sign the African Continental Free Trade Area (AfCFTA).

Ahmed, who is also the interim Chairman of Africa Manufacturers Association, said the measure would save Nigeria from being used as a dumping ground for foreign goods.

MAN’s president urged President Muhammadu Buhari to withhold its assent to the agreement, pending the completion of the ongoing assessment to determine its likely impact on the manufacturing sector and the economy at large.

RelatedStories

Afreximbank: Nigeria, other West African countries spend $3 billion annually to import meat

Afreximbank: Nigeria, other West African countries spend $3 billion annually to import meat

July 1, 2025
AfreximBank approves $200 million finance facility to BUA Group for expansion projects 

Afreximbank: Africa’s $100 billion trade finance gap puts AfCFTA and SMEs at risk 

June 26, 2025

Ahmed said,

“The position of the association is that the government should not sign the framework agreement until wide-reaching sensitisation and proper assessment is conducted on its impact on the economy and the manufacturing sector.

“Our advocacy on AfCFTA is yielding desired results and as you are aware, Nigeria is yet to sign the framework agreement. MAN is a functional member of this committee that is billed to submit its report to the President in early February. In addition, MAN, being a proactive organisation that strongly believes in evidence-based advocacy commissioned a sector-specific study on AfCFTA. We have shared the study, full report and fact sheets on the highlights of findings with the Presidential Committee on AfCFTA.”

However, President Buhari before the month runs out, was expected make his final decision on the signing of AfCFTA. The Minister of Industry, Trade and Investment, Okechukwu Enelamah made this known.

The Nigerian Government had set up a committee to review the AfCFTA and according to the Minister of Industry, Trade and Investment, Okechukwu Enelamah, the committee is expected to conclude their review this month, following which the report will be submitted to the President for decision.

President Buhari in March 2018, had declined to sign the agreement to create the AfCFTA, which was signed at an extraordinary summit in Kigali, Rwanda by representatives of 44 African Union (AU) member states.

About AfCFTA

The 18th Ordinary Session of the Assembly of Heads of State and Government of the African Union, held in Addis Ababa, Ethiopia in January 2012, adopted a decision to establish a Continental Free Trade Area (CFTA) by an indicative date of 2017. The Summit also endorsed the Action Plan on Boosting Intra-Africa Trade (BIAT) which identifies seven clusters: trade policy, trade facilitation, productive capacity, trade-related infrastructure, trade finance, trade information, and factor market integration. The CFTA will bring together 54 African countries with a combined population of more than one billion people and a combined gross domestic product of more than US $3.4 trillion.


Follow us for Breaking News and Market Intelligence.
Tags: Africa Continental Free Trade AreaAfrican Continental Free Trade AreaMANMansur AhmedManufacturers Association of NigeriaOkechukwu EnelamahPresident Muhammadu Buhari
Damilare Famuyiwa

Damilare Famuyiwa

Famuyiwa Damilare is a trained journalist. He holds a Higher National Diploma (HND) in Mass Communication at the prestigious Nigerian Institute of Journalism (NIJ). Damilare is an innovative and transformational leader with broad-based expertise in journalism and media practice at large. He has explored his proven ability in the areas of reporting, curating and generating contents, creatively establishing social media engagements, and mobile editing of videos. It is safe to say he’s a multimedia journalist.

Related Posts

Afreximbank: Nigeria, other West African countries spend $3 billion annually to import meat
Economy

Afreximbank: Nigeria, other West African countries spend $3 billion annually to import meat

July 1, 2025
AfreximBank approves $200 million finance facility to BUA Group for expansion projects 
Economy

Afreximbank: Africa’s $100 billion trade finance gap puts AfCFTA and SMEs at risk 

June 26, 2025
Africa must reduce dollar reliance to strengthen intra-continental trade – AfCFTA Secretary 
Currencies

Africa must reduce dollar reliance to strengthen intra-continental trade – AfCFTA Secretary 

June 26, 2025
MAN,MCCI, Tax
Manufacturing

MAN warns Lagos plastic ban could trigger job losses, economic disruption ahead of July 1 enforcement

June 23, 2025
Nigerian Banks
Financial Services

Cross-border payments: 22 Nigerian commercial banks join PAPPS scheme 

May 27, 2025
MAN, P&G
Manufacturing

Nigeria’s manufacturing output hits N33.43 trillion in H2 2024 amid soaring inflation – MAN 

April 21, 2025
Next Post
Biden should widen the AGOA for integration with the AfCFTA - Atiku, Intels denies NPA statement, Nigerian Ports Authority and Intels, Atiku Abubakar, Atiku claims he has big plans for private sector investment in infrastructure, Coronavirus: Atiku calls for petrol pump price reduction, stamp duty suspension

Atiku claims he has big plans for private sector investment in infrastructure

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

Emple
nlng
first bank








DUNS

Recent News

  • High profile multi-billion corruption court cases won and lost under Buhari’s 8-year administration 
  • See 10 key road and rail projects associated with former President Buhari’s administration 
  • Naira surges to 4-month high, breaks N1,520/$ barrier

Follow us on social media:

Recent News

High profile multi-billion corruption court cases won and lost under Buhari’s 8-year administration 

High profile multi-billion corruption court cases won and lost under Buhari’s 8-year administration 

July 16, 2025
See 10 key road and rail projects associated with former President Buhari’s administration 

See 10 key road and rail projects associated with former President Buhari’s administration 

July 16, 2025
  • iOS App
  • Android App
  • Contact Us
  • Home
  • Markets
  • Sectors
  • Economy
  • Business News
  • Financial Literacy
  • Disclaimer
  • Ads Disclaimer
  • Copyright Infringement

© 2025 Nairametrics

Welcome Back!

Login to your account below

Forgotten Password? Sign Up

Create New Account!

Fill the forms below to register

All fields are required. Log In

Retrieve your password

Please enter your username or email address to reset your password.

Log In
Social Media Auto Publish Powered By : XYZScripts.com
No Result
View All Result
  • Home
  • Exclusives
    • Financial Analysis
    • Corporate Stories
    • Interviews
    • Investigations
    • Metrics
    • Economy
    • Nairalytics
  • Markets
    • Currencies
    • Cryptos
    • Commodities
    • Equities
      • Company Results
      • Dividends
      • Stock Market
    • Fixed Income
    • Market Views
    • Securities
  • Sectors
    • Agriculture
    • Aviation
    • Company News
    • Consumer Goods
    • Corporate Updates
    • Corporate deals
    • Corporate Press Releases
    • Energy
    • Entertainment
    • Financial Services
    • Health
    • Hospitality & Travel
    • Manufacturing
    • Real Estate and Construction
    • Renewables & Sustainability
    • Tech News
  • Business News
    • Budget
    • Public Debt
    • Funds Management
    • Tax
  • Financial Literacy
    • Career tips
    • Personal Finance
  • Lifestyle
    • Billionaire Watch
    • Profiles
  • Opinions
    • Blurb
    • Op-Eds
    • Research Analysis
  • Recapitalization
    • Access Holdings Offer
    • Fidelity Bank Offer
    • GTCO Offer
    • Zenith Bank Offer
  • Login
  • Sign Up

© 2025 Nairametrics