The Federal Government, in preparation to take advantage of the African Continental Free Trade Area (AfCFTA) agreement, has partnered with the World Customs Organization (WCO.
At a time when the global economy is increasingly fragmented, Africa is being presented with a rare opportunity to turn inward, unite its economic forces, and chart a transformative path through the African Continental Free Trade Area (AfCFTA).
Nigeria’s Exports to African Countries Decline by N631.5bn
Stakeholders are banking on the continued growth of non-oil trade to drive Nigeria’s exports to African countries, despite earnings crashing by 631.52 bn to N1.85 tn since the last peak of N2.49 tn in the third quarter...
But beyond the ceremony, it reveals the growing role of the Nigeria Customs Service (NCS) as a key player in building a united African economy through trade facilitation.
The Federal Ministry of Industry, Trade and Investment, in collaboration with the United Nations Development Programme and Uganda Airlines, has officially launched the Nigeria–East/Southern Africa Air Cargo Corridor—a transformative export initiative under the African Continental Free Trade Area framework.
THE African Development Bank (AfDB) has launched a new five-year Country Strategy Paper (CSP) for Nigeria, marking a significant commitment to support the country’s development priorities amid concerns about the historical inconsistency in national planning.
