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Monday, May 14, 2018

Economists Advise Nigeria to Sign AfCFTA

Nigeria has been called upon to reconsider its reluctance to sign the African Continental Free Trade Area (AfCFTA) agreement, some economic analysts said in separate interviews in Addis Ababa.

The analysts argued that AfCFTA is
in the national interest of Nigeria and wondered why Nigeria suddenly decided to suspend signing the agreement, after being its champion for long.

Those who spoke with NAN included David Luke, Coordinator of African Trade Policy Centre, Regional Integration and Trade Division, and Stephen Njuguna Karingi, the Director at the Integration and Trade Division, United Nations Conference on Trade and Development (UNCTAD).

Others are Yinka Adeyemi, Senior Advisor and Head, Regional Integration and Infrastructure, at the Economic Commission for Africa (ECA) Capacity Development Division, and Jim Ocitti, Director of Public Information and Knowledge Management Division at the ECA.

Ayo Teriba, professor of economics and CEO of Economic Associates, in a telephone conversation with NAN, also shed lights on why AfCFTA is in Nigeria’s best interest.

Nigeria officially delayed signing the framework agreement for establishing the AfCFTA following... 

Read the full story here: https://lnkd.in/dZHp5rW    

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