Amidst controversy over the benefits of Nigeria’s signing of the African Continental Free Trade Agreement, AfCFTA, the Vice President of Nigeria, Professor Yemi Osinbajo, has said that the new trade environment will boost the country’s export by eight percent. Osinbajo Osibanjo disclosed this at a conference organised by Financial Derivative Company in Lagos yesterday.
Represented by Dr. Jumoke Oduwole, Senior Special Adviser to the President on Industry, Trade and Investment stated:
“The AfCFTA can transform Nigeria from a target economy to the gateway economy by boosting job creation through increased intra African trade and spurring growth through enhanced economic welfare with an estimated 8percent increase of Nigeria’s total export.”
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