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Nigeria Fails to Unlock AfCFTA Potential Due to Poor Infrastructure

Nigeria Fails to Unlock AfCFTA Potential Due to Poor Infrastructure

Nigeria is struggling to unlock its full potential under the African Continental Free Trade Agreement (AfCFTA) due to inadequate infrastructure, particularly in logistics. This lack of foundation hampers the country's ability to efficiently move goods and services within the continent.

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Nigeria is facing significant challenges in unlocking the full potential of the African Continental Free Trade Agreement (AfCFTA), primarily due to inadequate infrastructure, particularly in the logistics sector. The country's poor transportation networks and lack of efficient supply chain management systems are hindering its ability to take advantage of the benefits offered by AfCFTA, which aims to create a single market for over 1.3 billion people across Africa. As a result, Nigeria is likely to miss out on significant economic opportunities arising from the agreement, including increased trade and investment. The country's struggles highlight the need for urgent investment in its infrastructure to remain competitive in the global marketplace.

nigeria struggling harness afcfta potential
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