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  • ***Stakeholders in the Lagos Forum for South-West Geopolitical Zone Sensitization and Consultation, support Nigeria’s membership of the AfCFTA, at the same time, welcoming the urgency for radical improvements in economic infrastructure, trade financing and the establishment of AfCFTA monitoring, implementation and coordination *** South-South Sensitization and Consultations Forum unanimously adopt Calabar Communique, endorsing the AFCFTA. Executive Governor Prof. Ben Ayade, states a powerful case for Nigeria's membership of the AFCFTA and accepts the role of "AFCFTA Champion" *** South-East Stakeholders endorse the Agreement Establishing the African Continental Free Trade Area, under the leadership of Imo State Governor, Owelle Rochas Okorocha in Owerri, Imo State. *** National Stakeholders' Sensitization and Consultation on the Agreement Establishing the African Continental Free Trade Area (AfCFTA) across the six geopolitical zones will be holding in Owerri, South-East zone on the 21st of May, 2018. *** The AfCFTA Stakeholders’ North-Central Forum in Makurdi concludes with a range of views, including, the position that the Agreement would be premature prior to implementation of trade-related complementary policy ***

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.