Policy reforms, trade facilitation measures needed for AfCFTA to succeed, by stakeholders

June 6, 2022 AELEX Admin 0 Comments

The African Continental Free Trade Area (AfCFTA) may not be realisable after all, unless Nigeria and other 53 African nations, which signed into the agreement, muscle enough courage to synchronise the trade policies and ensure availability of infrastructure that will facilitate trade.


Stakeholders, who spoke at a one-day workshop organised by the Lagos State Council of Nigeria Union of Journalists (NUJ), themed: “African Continental Free Trade Agreement (AfCFTA) challenges on Nigerian Businesses”, said the necessary framework to promote AfCFTA are currently absent and therefore triggered fears that the trade agreement might be a mirage after all.


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