The Next Edition
  • Home
  • About Us
  • News
  • Featured
  • Investigations
  • Foreign
  • Special Reports
  • Entertainment
  • Interviews
  • Advert Rate
No Result
View All Result
The Next Edition
No Result
View All Result
  • Home
  • About Us
  • News
  • Featured
  • Investigations
  • Foreign
  • Special Reports
  • Entertainment
  • Interviews
  • Advert Rate
Home Headline News

AU Summit: Buhari Signs AfCFTA Agreement

Next Edition by Next Edition
July 7, 2019
in Headline News
AU Summit: Buhari Signs AfCFTA Agreement
0
SHARES
1
VIEWS
Share on FacebookShare on TwitterShare on Whatsapp

President Muhammadu Buhari in Niamey, Niger Republic, on Sunday signed the African Continental Free Trade Area (AfCFTA) agreement, making Nigeria the 53rd state on the continent to append its signature to the document.

News Agency of Nigeria, NAN, reports that the president signed the agreement at exactly 10.47 am local time.

You might also like

Media Laws: Information Minister Assures Nigerian Editors Of Cooperation

Ambassador Sarafa Tunji Isola To Chair 7th Penpushing Media Anniversary Lecture

APC Reinstates Kebbi Gov’s Aide Suspended For Bringing Snake To Gov’t House 

NAN observed that the signing of the agreement was the first event at the opening of the 12th Extra Ordinary Summit of the African Union on launch of the Operational Phase of the AfCFTA.

Buhari had delayed in signing the agreement, which entered into force May 30, 2019.

The delay was to give room for extensive consultations with stakeholders, culminating in the submission of the report by the Presidential Committee to Assess Impact and Readiness of Nigeria to join the free trade area.

The committee had recommended that Nigeria should sign the agreement which aims to boost intra-African trade.

In accepting the report as submitted, the President made it clear that Nigerian government would be seeking to include terms that engender the development of policies that promote African production, among other benefits.

President Buhari said: “Africa, therefore, needs not only a trade policy but also a continental manufacturing agenda.

“Our vision for intra-African trade is for the free movement of ‘made in Africa goods’. That is, goods and services made locally with dominant African content in terms of raw materials and value addition.

“If we allow unbridled imports to continue, it will dominate our trade. The implication of this is that coastal importing nations will prosper while landlocked nations will continue to suffer and depend on aid.’’

NAN reports that the AfCFTA is expected to be the world’s largest free trade area since the formation of the World Trade Organization, with a potential market of 1.2 billion people.

NAN

Tags: AfCFTA AgreementAU SummitBuharisigns
Next Edition

Next Edition

Recommended For You

Media Laws: Information Minister Assures Nigerian Editors Of Cooperation

Media Laws: Information Minister Assures Nigerian Editors Of Cooperation

The Minister of Information and National Orientation, Alhaji Mohammed Idris, has assured the Nigerian Guild of Editors (NGE) of cooperation in their quest to seek for harmonisation of...

Ambassador Sarafa Tunji Isola To Chair 7th Penpushing Media Anniversary Lecture

Ambassador Sarafa Tunji Isola To Chair 7th Penpushing Media Anniversary Lecture

  A former Nigerian Ambassador to United Kingdom, Ambassador Sarafa Tunji Isola has accepted the role of chairman at the 7th anniversary lecture of Penpushing Media, scheduled to...

APC Reinstates Kebbi Gov’s Aide Suspended For Bringing Snake To Gov’t House 

APC Reinstates Kebbi Gov’s Aide Suspended For Bringing Snake To Gov’t House 

    The All Progressives Congress (APC), Kebbi chapter has announced the reinstatement of Alhaji Kabir Sani-Giant, Special Adviser to Gov. Nasir Idris on Power and Politics.  ...

Udeme Ufot to chair QEDNGCreative Powerhouse Summit

Udeme Ufot to chair QEDNGCreative Powerhouse Summit

  Mighty Media Plus Network Limited, publishers of the online newspaper QEDNG, has announced Udeme Ufot as Chairman of the inaugural QEDNG Creative Powerhouse Summit.   Ufot is...

Next Post
Tacha Suffers Wardrobe Malfunction, Exposes Her Bosom (photos)

Tacha Suffers Wardrobe Malfunction, Exposes Her Bosom (photos)




Related News

CAF nominates 3 Nigerians for awards

Breaking: PDP Agent Shot Dead In Imo

PDP Demands Probe Into N90bn FIRS Scandal

My Daughter June Is Missing – Korra Obidi Cries Out

My Daughter June Is Missing – Korra Obidi Cries Out




The Next Edition

Office Address

3B, Agboola Aina street, Off Toyin Street,
Ikeja, Lagos.

Quick Contact Details

Phone:
08033018430
Whatsapp:
08051679910

Email:
[email protected]
[email protected]

Categories

  • Aviation
  • Beauty
  • Breaking News
  • Business
  • Columnists
  • Editorial
  • Entertainment
  • Fashion
  • Featured
  • Football
  • Foreign
  • Headline News
  • Home & Garden
  • Interviews
  • Investigations
  • North Central
  • North East
  • North West
  • Opinion
  • Parenting
  • Politics
  • Relationships
  • South East
  • South West
  • South-South
  • Special Reports
  • Sports
  • Top News
  • Vox Pops

© Next Edition Business Development Limited

  • About Us
  • Advert Rate
  • Contact Us
  • Privacy Policy
  • Terms of Use
No Result
View All Result
  • Home
  • About Us
  • News
  • Featured
  • Investigations
  • Foreign
  • Special Reports
  • Entertainment
  • Interviews
  • Advert Rate

© Next Edition Business Development Limited