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NIGERIA MAKES HISTORIC FIRST SHIPMENT UNDER AFCFTA TO FIVE AFRICAN COUNTRIES


Nigeria has embarked on a historic endeavour with the launch of the Guided Trade Initiative under the African Continental Free Trade Area (AfCFTA), signalling a pivotal moment in boosting intra-African trade and fostering economic diversification. 

 

Spearheaded by President BOLA TINUBU, this initiative is anticipated to unlock an estimated 50 billion dollars in economic opportunities for Nigerian businesses.

 

President TINUBU underscored AfCFTA's transformative potential, positioning it not merely as a trade pact but as a catalyst for industrialization, equitable growth, and continental prosperity. 

 

The President also affirmed Nigeria's commitment to assuming a leadership role in continental and global trade through AfCFTA.

 

The Minister of Industry, Trade, and Investment, Dr DORIS UZOKA-ANITE, reiterated Nigeria's dedication to leveraging AfCFTA for industrial growth and job creation. 

 

Minister of Finance and Coordinating Minister of the Economy, WALE EDUN, emphasized the strategic importance of the Guided Trade Initiative in propelling Nigeria's economic growth and fostering regional integration.

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