AfCFTA: Experts Task Nigerian Manufacturers on Value Addition

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By Oluchi Chibuzor Nigeria has been advised to transit from resource-based economy to one driven by value-addition and processing in other to benefit from the recently signed African Continental Fr…

Nigeria has been advised to transit from resource-based economy to one driven by value-addition and processing in other to benefit from the recently signed African Continental Free Trade Agreement .

“I think West African will be really affected, there is already competition between the Anglophones in West Africa; we already know there are economic tensions between Nigeria and Ghana, it is going to continue even with the trade as everyone will be protective.” “At their own level at COMESA they already have this working and have a lot of free trade movement already working for them.

“You may be paying $500 to $1000 depending on the country you are going to. This is scientifically calculated, even the local taxes, the meters are there, they keep reading as you move around. All these things are scientifically calculated.

 

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