Presidential Committee Recommends Signing of ACFTA by Nigeria

President Buhari receives Report of the Presidential Committee on Impact and Readiness Assessment African Continental Free Trade Area (AFCFTA) Agreement from Co-Chairman Abba Kyari and Chairman Technical Work Group Mr Desmond Guobadia in State House on Thursday

By Omololu Ogunmade in Abuja

President Muhammadu Buhari Thursday in Abuja received the report of the presidential committee which recommends that Nigeria should join the African Continental Free Trade Agreement (ACFTA).

The committee was constituted by the president last year to carry out a holistic examination of all factors and circumstances surrounding the agreement and the implication that Nigeria’s involvement in the agreement may have on its economy.

Nigeria pulled out of the signing ceremony for the agreement in Rwanda at the last minute last year in response to agitations in certain quaters that Nigeria’s involvement could turn the country into a dumping ground.

Consequently, the president constituted the committee to carry out wide consultations with relevant stakeholders.

Details later…