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Nigeria

NANTS backs Buhari over trade agreement
29-Mar-2019 Daily Trust
The National Association of Nigerian Traders (NANTS) thrown its weight behind President Muhammadu Buhari’s refusal to signed and ratified the African Continental Free Trade Agreement (AfCFTA).
Shell put Nigeria under pressure with ISDS process to obtain oil field OPL 245
1-Mar-2019 SOMO
Shell used the investment agreement between the Netherlands and Nigeria to obtain a lucrative oil field at remarkably good conditions.
Manufacturers insist “no to African free trade”
31-Jan-2019 News Agency of Nigeria
The Manufacturers Association of Nigeria has again warned Nigeria against signing the African Continental Free Trade Area to save Nigeria from being a dumping ground for foreign goods.
Nigeria, Canada move to revive stalled bilateral agreement
23-Jan-2019 Premium Times
A foreign innvestment promotion and protection agreement was signed by Nigeria and Canada in May 2014, which Canada ratified in 2014. But Nigeria decided not to ratify the agreement because it was later found unbalanced.
Why we are worried over African Free Trade Agreement — Dangote, MAN, LCCI
8-Nov-2018 Vanguard
Business groups have supported the Nigerian Federal Government’s delay in signing the African Continental Free Trade Area, stressing that adequate measure should be put in place to prevent dumping of goods into Nigeria and Africa countries in general.
Nigeria not in hurry to sign African free trade agreement – Buhari govt
2-Nov-2018 Daily Post
Nigeria’s reluctance in signing the African Free Trade Agreement is based on the commitment to ensure that only what will benefit its economic interest is implemented as a policy.
Should Buhari sign the African Continental Free Trade deal?
14-Aug-2018 Punch
Six analyses from economists and stakeholders.
Eritrea, Nigeria, G-Bissau yet to commit to Africa free trade deal
1-Aug-2018 Africa News
According to the African Union Commission chairperson, Nigeria, Eritrea and Guinea Bissau have made no commitment to the AU’s Continental Free Trade Area (AfCFTA) signed in Kigali in March 2018.
African free trade agreement splits private sector groups
26-Jul-2018 Vanguard
The Manufacturers Association of Nigeria urges the government not to bow to pressure into signing the African Continental Free Trade Agreement without addressing the concerns raised by stakeholders.
Africa free trade not for Nigeria now
25-Jul-2018 Punch
Because Nigeria does not quite have the infrastructure and capacity to efficiently manufacture most of its consumer needs, AfCFTA may stunt Nigeria’s quest to migrate from perpetually exporting primary goods and importing manufactured products, for which labour suffers the most assault.
Buhari gives condition to sign Africa free trade agreement
16-Jul-2018 Daily Post
President Muhammadu Buhari says Nigeria will only be signatory to the Continental Free Trade Agreement if the nation’s national interests as well as regional and international obligations are balanced.
Nigeria’s President Buhari says will soon sign up to African free-trade agreement
12-Jul-2018 Reuters
Nigeria’s President Muhammadu Buhari said the country will sign up soon to a $3 trillion African free-trade agreement.
MAN kicks against Nigeria’s ratification of African free trade agreement
27-Jun-2018 The Guardian.ng
The Manufacturers Association of Nigeria (MAN) said the issues raised by major stakeholders, including those expressed by manufacturers, still remained unattended to.
AfCFTA: Stakeholders seek safeguards against imports, dumping surge
18-Jun-2018 Punch
Stakeholders in the Organised Private Sector have called for safeguards against a sudden surge in imports that may follow Nigeria’s eventual signing of the African Continental Free Trade Area agreement.
The free trade myth
29-May-2018 Business Day
Eschewing the ACFTA and EPA may be a blessing in disguise for Nigeria.
The EU caught in the trap of Nigeria’s refusal to sign the West Africa Economic Partnership Agreement and the Continental Free Trade Area
7-May-2018 SOL
President Muhammadu Buhari of Nigeria very explicitly stated to the new Ambassador of the European Union that Nigeria was determined not to sign the Economic Partnership Agreement for West Africa.
Eight lessons on imperatives of private sector-driven AfCFTA
26-Apr-2018 This Day
It appears from all indications that the African private sector is either kept at the back door or yet to be given a pride of place in the AfCFTA process.
Nigeria may lose over 60% port revenue to AfCFTA, common ECOWAS tariff
13-Apr-2018 This Day
The implementation of common ECOWAS tariff will make Nigeria lose businesses because it means that once a tariff is paid in one country, no other tariff will be paid in any other country in West Africa.
Why Nigeria didn’t sign Economic Partnership Agreement –Buhari
6-Apr-2018 Punch
The President said he had been reluctant to sign the Economic Partnership Agreement among ECOWAS countries because of the need to protect the economy, especially the industries and small businesses that currently provide jobs for majority of Nigerians.
Uganda to review Africa Free Trade Area pact
21-Mar-2018 The Independent (Uganda)
Uganda, in many ways like Nigeria, will investigate concerns by a sector of the business community before making major commitments.