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  • ***Nigeria’s Chief Trade Negotiator and DG NOTN, Ambassador Osakwe informs the business community at the 9th annual edition of the BusinessDay CEO Forum that Nigeria remains open, engaged and committed to trade integration in the rules-based global economy. *** The protectionist stereotyping of Nigeria is off-key and wrong. Domestically, all shades of trade opinions exist. What is essential is that Nigeria remains open to trade and committed to a rules-based economy - Amb. Osakwe *** “Nestlé is one of the pillars of the Nigerian economy for modernisation, innovation and employment. It has set a good example and there is scope for much more.” - Ambassador Osakwe, DG NOTN at the BusinessDay CEO Forum *** The NOTN has extended by two weeks call for input from all stakeholders in the preparation of an updated "21st Century Trade Policy for Nigeria – A Welfare & Prosperity Trade Agenda that Works for All”. Please submit ideas on or before Oct. 15th, 2018 *** NERC Commissioner for Legal Licensing and Compliance, Dafe Akpeneye and DG NOTN, Amb. Osakwe prioritize growth and job creation with offensive liberalization commitments ***

2017 NIGERIAN ANNUAL TRADE POLICY REPORT

Good afternoon and thank you all for coming to the launch of this First Edition of the “Nigerian Annual Trade Report” (NATPOR). There is a degree of excitement that we are now at this point. The NATPOR is the expression of the firm commitment by the Federal Government of Nigeria to ensure that, in principle and in practice, trade policy and associated policies, particularly investment, serve as drivers for modernization, diversification, growth, development and job creation.

Statement by President Buhari on the Continental Free Trade Agreement (CFTA), delivered at the 30th African Union Summit in Addis Ababa

In a rapidly changing global economy, with much uncertainty we believe that the establishment of a Continental Free Trade Area would provide Africa with tremendous opportunity to achieve significant growth driven by intra-Africa trade. In accordance with African Union Assembly Decision of January, 2012, the Union decided to establish the Continental Free Trade Area by 2017. Although we missed this timeline last year, we still have the opportunity to establish the Continental Free Trade Area by March, 2018.

Nigerian Trade Team Heads to Kigali for CFTA Negotiations

On behalf of the Nigerian Delegation, thank for convening this meeting of the Trade Policy Review Body (TPRB) for Nigeria’s 5th Trade Policy Review. I speak for the record, so a Note of thanks.

For the record, I should add that Dr. Okechukwu Enelamah, Honourable Minister for Industry, Trade and Investment of Nigeria, should have led the Nigerian Delegation to this Trade Policy Review. Minister Enelamah, however, is in Berlin, representing President Buhari at the G20 Leaders outreach with Africa.

ZERO DRAFT ECOWAS COMMON TRADE POLICY: STATEMENT BY THE NIGERIAN OFFICE FOR TRADE NEGOTIATIONS (NOTN)

The Nigerian Government welcomes and appreciates the step by the ECOWAS Commission to initiate consultations on an ECOWAS-wide zero draft Trade Policy. The initiation of this process is essential and timely in a rapidly changing Continental and global economic and trade policy landscape. We congratulate H.E. Mr. Marcel Alain de Souza, President of the ECOWAS Commission and his Team for his leadership.