DISCLAIMER: This app is not affiliated with, endorsed by, or connected to any government entity. It is an independent platform for citizens to share their opinions.

The Punch

Nigeria poised for regional trade boom with AfCFTA, experts predict major economic gains.

Nigeria poised for regional trade boom with AfCFTA, experts predict major economic gains.

Nigeria's participation in the African Continental Free Trade Agreement (AfCFTA) is expected to significantly boost regional trade and drive economic growth, according to economic experts. The agreement aims to increase trade among 55 countries across Africa.

Advertisement

Nigeria's active participation in the African Continental Free Trade Agreement (AfCFTA) is expected to significantly boost regional trade and drive economic growth, according to economic experts. The AfCFTA aims to create a single market of over 1.3 billion people across Africa, eliminating tariffs and other trade barriers among participating countries. By joining the agreement, Nigeria will gain access to a vast and growing market, increasing its opportunities for exports and imports. As a result, regional trade is projected to increase, leading to improved economic outcomes for the country.

afcfta operators project regional trade
Share this article:
Advertisement