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Nigeria

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.
FG commences wider consultations on CFTA
20-Mar-2018 Business Day
Nigerian President Muhammadu Buhari said his government has already commenced wider consultations on the Africa Continental Free Trade Area, CFTA.
Nigeria skips African summit in blow to free trade deal
19-Mar-2018 Yahoo
Nigerian President Muhammadu Buhari will not attend the African Union summit in Rwanda because certain key stakeholders in Nigeria indicated that they had not been consulted.
MAN cautions FG on free trade agreements
14-Mar-2018 Vanguard
The Manufacturers Association of Nigeria urges the Nigerian government not succumb to the pressure by the European Union to sign the EU-ECOWAS Economic Partnership Agreement as well as the African Continental Free Trade Area.
Don’t sign CFTA, Labour; ex-NACCIMMA boss, others beg Buhari
12-Mar-2018 Vanguard
Organised labour pleaded with President Muhammadu Buhari not to sign the African Continental Free Trade Agreement CFTA.
Leaked documents reveal how Shell blackmailed Nigeria in Malabu deal
2-Jan-2018 Petro Barometer
Shell used an arbitration case it filed with the International Centre for the Settlement of International Disputes to railroad the government into brokering truce between it and Malabu Oil and Gas Ltd, its estranged erstwhile partner and the original licensee.
EPA as ‘Enslavement partnership agreement’
18-Sep-2017 Vanguard
Tanzania’s former President has warned Nigeria to resist pressure to sign the Economic Partnership Agreement, (EPA), with the European Union, because according to him, such contracts are counterproductive.
Nigeria says Ecowas studying ramifications of Morocco membership
25-Jul-2017 Bloomberg
Several Nigerian lobby groups, including an organization of retired ambassadors, are putting pressure on the Nigerian government to reject the application because of the decades-old dispute over Western Sahara and Morocco’s geographical distance.
Nigeria: Trade negotiation office to advise govt on how to resolve EPA challenge
10-Jun-2017 All Africa
"We have looked at the agreement and we believe that the agreements are situated in the 19th century and we are now in the 21st century," Nigerian govt claims
Nigeria’s trade dilemma
29-May-2017 All Africa
To survive and grow its economy, Nigeria’s best option might be to protect its infant industries and grow them to a point where it can comfortably play on the grand waters of international trade. Until then, the EPA might be a right step in the wrong direction.