Nigeria Yet to Understand Economic, Security Implications of AfCFTA

President Muhammadu Buhari.
21 March 2018

President Muhammadu Buhari has said that anything that could encourage the dumping of finished goods in Nigeria would going to be contrary to the country's interest.

Speaking on why he declined the visit to Kigali, Presidential spokesman Mr Femi Adesina said "The president said the country is yet to fully understand the Economic and security implications of the agreement."

"So, there has to be further consultations with different stakeholders and the final position was that a committee be set up to meet and review the contents of that proposal and they will do it within two weeks and get back to the Federal Executive Council."

"The committee which has two weeks to submit its report will be expected to look at the security implications of the agreement."

Last week, the FEC had last at a meeting chaired by Vice President Yemi Osinbajo and they had resolved that Buhari should sign the AfCFTA agreement framework.

The president, however, canceled his scheduled trip on Sunday after some of his advance team members had arrived Kigali.

See What Everyone is Watching

More From: Daily Trust

Don't Miss

AllAfrica publishes around 800 reports a day from more than 140 news organizations and over 500 other institutions and individuals, representing a diversity of positions on every topic. We publish news and views ranging from vigorous opponents of governments to government publications and spokespersons. Publishers named above each report are responsible for their own content, which AllAfrica does not have the legal right to edit or correct.

Articles and commentaries that identify as the publisher are produced or commissioned by AllAfrica. To address comments or complaints, please Contact us.