Minister of Industry, Trade and Investment, Jumoke Oduwole, has disclosed that Nigeria is fully prepared to trade within Africa under the preferential terms of the African Continental Free Trade Area Agreement, having fulfilled key obligations under the pact.
Oduwole said the country had complied with the AfCFTA requirements on trade in goods and services, as well as digital trade, by gazetting the relevant legal instruments.
She disclosed this during the presentation of the Nigeria AfCFTA Achievements Report 2025, noting that the ministry had taken deliberate steps to position and equip Nigerian businesses to compete effectively and benefit from preferential treatment within the AfCFTA market.
According to her, the Ministry of Industry, Trade, and Investment has implemented strategic initiatives to enable Nigerian businesses to succeed in the continental market, describing the AfCFTA as the culmination of Africa’s journey towards trade-led economic integration.
She said the agreement, through the progressive elimination of tariffs, removal of non-tariff barriers, and enhanced regulatory cooperation among state parties, provides a framework that allows African producers, investors, traders, and workers to convert opportunities into prosperity.
