AFCFTA committee partners NSC on trade | Dailytrust

AFCFTA committee partners NSC on trade

The National Action Committee on implementation of Africa Continental Free Trade Agreement (AfCTA) has entered into a partnership with the Nigerian Shippers’ Council (NSC) on how to ensure Nigeria benefits from AfCFTA.

The AfCFTA is expected to take off by January 1, 2020, and Nigeria is among the 52 countries that have already ratified the agreement.

The Co-Champion, of the Action Committee, Mrs. Funmi Folorunso, who led members to the Nigerian Shippers’ Council Corporate office in Lagos noted that the implementation of AfCFTA cannot succeed without the involvement of Nigeria

“The AFCFTA potential, a lot of goods for the whole of Africa. The potential of AFCFTA has not been fully quantified by anybody. I dare say everybody is looking at various angles. Some are looking at agriculture, others are looking at manufacturing, and so on. But the truth about it is that it is a game-changer.

“We are working to ensure that Nigeria takes a leadership position in AFCFTA. Our focus is on the transportation workstream. We are talking about massive potential in the Maritime, road, airport and road.”

Folorunso explained that Nigeria has little time as the trade agreement is coming into effect on January 1, 2021.