PRESIDENT MUHAMMADU BUHARI APPROVES ACTION COMMITTEE FOR A.F.C.F.T.A

Written by on July 29, 2019

President MUHAMMADU BUHARI has approved establishment of a National Action Committee (NAC) for implementation of African Continental Free Trade Area (AfCFTA) Agreement, which he signed on behalf of Nigeria at the 12th Extraordinary Session of the AU Heads of State in Niamey, Niger Republic.

 

The National Action Committee (NAC) will upon inauguration, undertake a process of engagement with stakeholders to sensitize them on the opportunities and challenges of the AfCFTA, with preparedness plans for Nigerian economy.

 

Upon ratification, Nigeria will domesticate the Agreement by incorporating it into existing laws or enacting new laws, as appropriate. Engagement shall shortly start with the Ninth National Assembly.

 


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