The federal government has said that it is working towards fast-tracking policy implementation to unlock opportunities in the $3.4 trillion single market of the African Continental Free Trade Area (AfCFTA).
Speaking at a roadshow via zoom, the Minister of Industry, Trade and Investment, Jumoke Oduwole noted that intra-African trade has been improving.
“Intra African trade exports grew by over 13per cent from last year supported by new trade corridors and the initial success of AfCFTA’s guideline initiatives.
“Nigerian businesses are already key participants, exporting, ceramics, garments, pharmaceuticals and agro products across the continent,” she said in a keynote address delivered to the Nigeria at Intra-African Trade Fair (IATF2025) Business Roadshow in Lagos that brought together government officials, the trade community, including businesses and investors, and executives from African Export-Import Bank (Afreximbank).
