The Minister of Industry, Trade and Investment, Otunba Richard Adeniyi Adebayo said the government has put measures place to protect manufacturing and service sectors of Nigeria against threat and trade manipulations that may stem from the African Continental Free Trade (AfCFTA) Agreement. According to Adebayo, who is the Chairman of …
Read More »AfCFTA: Nasarawa Govt. to Establish Commodity Marketing Board
Governor Abdullahi Sule of Nasarawa State said plans have been concluded to establish a commodity marketing board as part of his administration’s moves to explore the African Continental Free Trade Area (AfCFTA) Agreement for increasing Internally Generated Revenue (IGR) and job creation for the teaming youth population. Governor Sule made …
Read More »IGR: Bauchi to Set Up State Office for AfCFTA
In his bid to explore opportunities in the African Continental Free Trade Area (AfCFTA) Agreement to boost internally generated revenue, Governor Bala Mohammed of Bauchi State said the state will set up an agency on the AfCFTA. The Governor made the disclosure on Thursday while playing host to the delegates …
Read More »AfCFTA: Nigerians’ Entrepreneurial Spirit Will conquer Africa– El-Rufai
The Executive Governor of Kaduna State, Malam Nasir El-Rufai said if the Federal Government provides the necessary incentives and environment to the private sector to compete in the African Continental Free Trade Area (AfCFTA) Agreement, Nigerians’ entrepreneurial spirit will conquer the continent. He said Nigeria is a huge market that …
Read More »FG Tasks Banks to Explore AfCFTA to Capture FDI
The Minister of Finance, Budget and National Planning, Mrs Zainab Shamsuna Ahmed, has advised Nigerian banks and other financial institutions to explore Africa’s market expansion enabled by the AfCFTA to capture trade flows and investment through superior customer value proposition. Stressing the potentials of Nigeria’s market, Ahmed said: “With more …
Read More »AfCFTA: Nigeria Deposits Instrument With AU, 20 Countries Yet to Ratify
Nigeria has joined the list of countries to formally ratify the African Continental Free Trade Area (AfCFTA) agreement, 26 days to the commencement of trading, Francis Anatogu, Secretary of the National Action Committee on the AfCFTA said on Saturday. “The Federal Republic of Nigeria today 5th December 2020, submitted the …
Read More »AfCFTA: Nigeria’s Aviation Sector Targets 5% Contribution to GDP by 2023
Stakeholders in the Nigerian transportation sector have identified efficient transportation system as a key element that would guarantee the competitiveness of the Nigerian private sector especially for trade in goods in the African Continental Free Trade Area (AfCFTA) market. This was the central discussion at the ongoing workshop on ‘Nigeria …
Read More »Nigeria’s FEC Approves Ratification of AfCFTA Agreement
Barely two months to the operationalisation of the African Continental Free Trade Area (AfCFTA), the Nigeria’s Federal Executive Council on Wednesday approved the instruments of ratification of the Agreement. The Commerce Africa reports that ahead of the AfCFTA operationalisation scheduled for January, 2021, no fewer than thirty countries have deposited …
Read More »Nigeria Concludes Study to Assess AfCFTA Safeguard Requirements
As part of its preparations for the operationalization of the African Continental Free Trade Area (AfCFTA) billed for January 2021, the Nigeria’s National Action Committee has concluded a study to assess the AfCFTA safeguard requirements. There are concerns from some quarters in Nigeria that the AfCFTA could be a vehicle …
Read More »AfCFTA Offers Nigeria Opportunity to Diversify Revenue Base –Anatogu
The Special Assistant to President Muhammadu Buhari on Public Matters, Mr. Francis Anatogu, said the African Continental Free Trade Area (AfCFTA) would offer Nigeria an opportunity to achieve her age-long dream of revenue base diversification from crude oil which has been the mainstay of the economy for over fifty years …
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