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AFRICAN CONTINENTAL FREE TRADE AREA
The Minister of Trade has urged Nigerian businesses to take advantage of the opportunity to key into the benefits of the AfCFTA.
Mr. Bismarck Rewane has stated that AfCFTA will stimulate the economic growth of Nigeria in 2021.
The National Action Committee is developing a national strategy for the AfCFTA implementation.
AU leaders called on a treaty to boost female inclusion and small-scale enterprises to trade across borders, as AfCFTA goes into place.
President Muhammadu Buhari called on African leaders to promote the implementation of arms control instruments and embargoes.
President Buhari has announced that Nigeria will throw its full support on the commencement of the AfCFTA.
Nigeria has submitted its Instruments of Ratification of the AfCFTA, becoming the 34th African country fully do so.
As the AfCFTA is expected to commence in January 2021, stakeholders discuss the ratification in view of Nigeria's intended reopening of its land borders.
President of the Manufacturers Association of Nigeria has lamented the less competitive nature of made-in-Nigeria products.
Customs officials from around Africa gave a nod to the adoption of continental guidelines to facilitate the free flow of cross-border trade.
FG has advised States to attract investments by taking advantage of the African Continental Free Trade Area.
Despite the ratification of the AfCFTA, Nigeria's borders will remain closed until it can ensure neighbors don't dump substandard goods into the market.