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Published On: Thu, Jan 14th, 2021

AfCFTA: NANTS tasks trade ministry on synopsis for proper implementation

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The National Association of Nigerian Traders (NANTS) has urged the Ministry of Industry, Trade and Investment to develop synopsis of negotiated items on African Continental Free Trade Area (AfCFTA) agreement for proper implementation.
NANTS President, Dr Ken Ukaoha, made the call in a memo it addressed to the Minister of Industry, Trade and Investment, Otunba Adeniyi Adebayo, on Tuesday in Abuja.
Ukaoha commended the management of the AfCFTA, especially the preparations for implementation of the agreement under the leadership of the minister, as the Chairman of the National Action Committee (NAC).
He said that since Nigeria had successfully advanced beyond the Jan. 1, 2021 implementation take-off date, it had to start massive sensitisation and enlightenment of all actors, including the private sector and implementing agencies.
“For this reason, we request that you cause the Ministry, or the Nigeria Office for Trade Negotiations (NOTN), which has been responsible for AfCFTA negotiations so far, to develop a synthesis which summarises all items negotiated on AfCFTA.
“Such articulated documentation that captures all the thematic issues should be produced and made available to all key stakeholders.” (NAN)

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