Free Trade: Buhari Receives Report On AFCFTA, Explains Why Nigeria Won’t Rush To Sign - Liberty TV/Radio - News - Voice For All! Vision For Alll!
Publisher (F.BA)
June 28, 2019
President Muhammadu Buhari received the report on the impact of the African Continental Free Trade Area AfCFTA and Nigeria’s readiness for it.
The African Union Heads of States had on March 21st, 2018 adopted the Phase one Agreement on AfCFTA at its 10th Extraordinary Summit in Kigali, Rwanda.
President Buhari, however, observed the AfCFTA will have both positive and negative effects on Nigeria as a nation and the West African sub-region.
The president maintained that for AfCFTA to succeed, African nations must develop policies that promote African production, among other benefits.
Speaking while submitting the report, the chairman of the presidential committee, Desmond Guobadia said that the Committee reviewed over 200 submissions from various stakeholders across the country including farmers, bankers, manufacturers, government agencies and development partners.