AfCFTA: Customs Awaits NAC Directives on Tariffs, Waivers

January 21, 2021 This Day 0 Comments

The Nigeria Customs Service (NCS), yesterday stated that it is waiting for clear directives from the National Action Committee (NAC) on implementable tariffs for all goods covered by the African Continental Free Trade Area (AfCFTA) agreement.

President Muhammadu Buhari had on July 28, 2019, approved the establishment of the NAC, for the implementation of the AfCFTA’s agreement that he signed on behalf of the country at the 12th Extraordinary Session of the African Union Heads of State on July 7, 2019, in Niamey, the Republic of Niger. The NCS, however, pointed out that the NAC is required to provide it with the list of duties and charges waived for liberalised goods under the AfCFTA; the list of the 90 per cent liberalised national trade offers; the list of 70 per cent non-liberalised exclusive goods at the regional level and the list of three per cent non-liberalised sensitive goods. Read More.

Leave a Reply:

Your email address will not be published. Required fields are marked *

This site uses Akismet to reduce spam. Learn how your comment data is processed.