A special government panel has recommended that President Muhammadu Buhari sign Nigeria up for a landmark African free trade agreement, ahead of a key meeting of African leaders. The panel was formed by Buhari in March last year to assess the impact of the African Continental Free Trade Agreement (AfCTA) after Nigeria abruptly pulled out of signing the deal adopted by a majority of African nations. The trade deal “provides immense opportunities for Nigeria’s manufacturing and service companies to expand to Africa”, Guobadia said. “Our position is very simple, we support free trade”, Buhari said, “as long as it is fair and conducted on an equitable basis”. The report “will form part of the consideration in our decision on the next steps on the AfCFTA”, said Buhari.

Source: The Guardian June 28, 2019 08:03 UTC