Manufacturers task FG to fasten AfCFTA implementation

Manufacturers Association of Nigeria has called on the Federal Government to fasten the implementation of the African Continental Free Trade Area (AfCFTA) to boost its industrialisation goals.

It also called on the FG to tackle Nigeria’s electricity and interest rate issues to take advantage of tariff-free African trade.

This was disclosed by Mr Mansur Ahmed, President of MAN at the 11th Business Luncheon of the Apapa Branch Council of MAN on Thursday in Lagos, themed: “Improving Nigeria’s Manufacturers Competitiveness Within the Context of AFCFTA’s Implementation.”

The Nigerian National Action Committee on the AfCFTA has already said that its strategic objective is to capture 10% of Africa’s imports by 2035, thereby doubling Nigeria’s export in the process.