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AfCTA To Boost Africa’s Exports By $560bn – FG

AfCTA To Boost Africa’s Exports By $560bn - FG       When fully operational, the African Continental Free Trade Area (AfCFTA) agreement will boost exports in the continent by at least $560 billion, the federal government has said. Senior Special Assistant to the Nigerian President on the Public...

FG Targets $504bn Goods In AfCFTA Deals

FG Targets $504bn Goods In AfCFTA Deals The African Continental Free Trade Agreement (AfCFTA), when fully implemented, could afford Nigerian companies preferential access to African markets worth $504.17 billion in goods, the Central Bank of Nigeria (CBN) Governor, Godwin Emefiele, has said. Delivering his remarks at...

‘Nigeria Can Export $3bn Worth Of Cocoa Derivatives Under AfCFTA’

‘Nigeria Can Export $3bn Worth Of Cocoa Derivatives Under AfCFTA’       The federal government has disclosed that by taking advantage of the African Continental Free Trade Area (AfCFTA), Nigeria has the capacity to export $3 billion worth of derivatives from cocoa and $300 million from the...

Rice, Flour, Sugar, Cement Top Free Trade Exemption List

Rice, Flour, Sugar, Cement Top Free Trade Exemption List       Despite Nigeria’s comparative advantage and self-sufficiency status in the production of certain products, cement, flour, rice, sugar and 180 other products would not be liberalised under the African Continental Free Trade Area (AfCFTA), even though doing...

The AfCFTA — Can Africa Save Itself?

The AfCFTA -- Can Africa Save Itself? By Edward Ejike Okpa         Africa is an incredibly rich continent. That richness, however, has not translated into wealth for Africans. Africa’s oil and gas and gold and diamonds and copper and cobalt have made Africa a target for stronger...

Minister Asks Nigerians To Explore $3.4trn AfCFTA Economy

Minister Asks Nigerians To Explore $3.4trn AfCFTA Economy       The Federal Government on Wednesday called on Nigerians, particularly industrialists, to take advantage of the inherent opportunities in the $3.4tn economy of African Continental Free Trade Agreement to promote made-in-Nigeria goods. Minister of Industry, Trade and Investment, Adeniyi...