Fri. Nov 22nd, 2024

BREAKING: At Last, Nigeria Signs AfCFTA in Niamey

By Dipo Olowookere

After initially declining to be part of the African Continental Free Trade Area (AfCFTA), Nigeria has rescinded its decision to stay away from the initiative backed by almost all the nations on the continent.

On Sunday, July 7, 2019, President Muhammadu Buhari signed the Agreement Establishing AfCFTA.

He signed for the continent’s largest economy at the opening of the 12th Extraordinary Session of the Assembly of African Union Heads of State and Government on #AfCFTA in Niamey, Niger Republic.

With this development, Africa will operate as a single market, allowing easy movement of goods across borders. The aim is to improve the continent’s economy and possibly make goods cheaper for citizens.

By Dipo Olowookere

Dipo Olowookere is a journalist based in Nigeria that has passion for reporting business news stories. At his leisure time, he watches football and supports 3SC of Ibadan. Mr Olowookere can be reached via [email protected]

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