• About
  • Become a Climate Reporter
  • Send Us Your Report
  • Submit A News
  • Support Us
  • Privacy Policy
  • Contact Us
Saturday, August 30, 2025
NEWSLETTER
Africa Climate Reports
No Result
View All Result
  • HOME
  • CLIMATE CHANGE
  • SUSTAINABLE DEVELOPMENT
  • FOOD
  • FOREST
  • ENERGY
  • WASH
  • LAND
  • OTHERS
    • FINANCE
    • HEALTH
    • OCEANS
    • TOP STORIES
    • MOST POPULAR
    • COLUMNISTS
    • INTERVIEWS
    • OPINIONS
    • PHOTOS
    • VIDEOS
Africa Climate Reports
  • HOME
  • CLIMATE CHANGE
  • SUSTAINABLE DEVELOPMENT
  • FOOD
  • FOREST
  • ENERGY
  • WASH
  • LAND
  • OTHERS
    • FINANCE
    • HEALTH
    • OCEANS
    • TOP STORIES
    • MOST POPULAR
    • COLUMNISTS
    • INTERVIEWS
    • OPINIONS
    • PHOTOS
    • VIDEOS
No Result
View All Result
Africa Climate Reports
No Result
View All Result

Nigerian manufacturers kick against African free trade area agreement

by editor
April 19, 2018
in SUSTAINABLE DEVELOPMENT
0
Home SUSTAINABLE DEVELOPMENT
0
SHARES
3
VIEWS
Share on FacebookShare on Twitter
President Muhammadu Buhari of Nigeria
President Muhammadu Buhari of Nigeria

The Manufacturers Association of Nigeria (MAN) on Wednesday strongly supported the move by the Federal Government on its refusal to sign the agreement establishing the African Continental Free Trade Area (AfCFTA).

The Manufacturers Association frowned at the contents of the agreement, noting that it will lead to gross unemployment in the country as most manufacturing companies in the country will be made to die a quicker death.

The Association President, Dr. Frank Jacobs said his association would not support Federal Government’s adoption and ratification of the agreement establishing the African Continental Free Trade Area (AfCFTA) until issues of market access and enforcement of rules of origin are addressed.

According to MAN, the agitation from the private sector was a result of lack of consultation and inclusion of inputs of key stakeholders before Nigeria’s position was presented at the meetings of the African Union-Technical Working Group on CFTA in the build-up to AfCFTA negotiation by Nigeria.

RelatedPosts

Carbone contre feu de bois : le pari vert du Bénin

Changement climatique : Ces solutions d’adaptation que des communautés du Bénin appliquent

The AfCTA is expected to create a trade bloc of 1.2 billion people with a combined gross domestic product (GDP) of more than $2 trillion. The agreement commits countries to removing tariffs on 90% of goods and to liberalize services.

Addressing journalists yesterday, Association of Manufacturers President, Dr. Frank Jacobs explained that the issues of market access that allows only 10 percent of products to be protected as well as government’s enforcement mechanism in the area of enforcement of rules of origin need to be clearly defined before local producers can support the agreement.

Noting that MAN is not oblivious of the benefits inherent in installing a continental trade agreement like AfCFTA that could improve intra-African trade and enhance economic growth and sustainable development, Jacobs said that Nigeria’s national interest should however be the primary consideration in the decision to sign-on to such an arrangement.

In his recommendations, Jacobs urged the government to set in motion a process that will enable all stakeholders on the international trade value chain in Nigeria to quickly review the text of the draft AfCFTA agreement and come up with comments on areas that are not in the best interest of the Nigerian economy and sectors.

“Government should, as matter of urgency, convene a special meeting of the relevant stakeholders, including experts on trade policy to consider tariff lines rates along the line of efficiency, sectoral and sub-sectoral preferences that would be most beneficial to Nigerian businesses under the AfCFTA dispensation as well as reconsider the national position on EPA vis-a-vis the AfCFTA especially on tariff lines of products on the sensitive/exclusion list, with a view to ensuring that the EU-EPA is not reintroduced through the AfCFTA’s back door.

“Review presentations and prepare a detailed submission for the Government on ways and means of participating in the AfCFTA in a manner that our national interest and that of the budding manufacturing sector are effectively protected”, he added.

Continue Reading
Tags: AfCTAAfricaAUNigeria
ShareTweetSendShare
editor

editor

Related Posts

Carbone contre feu de bois : le pari vert du Bénin
CLIMATE CHANGE

Carbone contre feu de bois : le pari vert du Bénin

August 14, 2025

Depuis 2012, plus de 13 800 foyers améliorés « Wanrou » ont été distribués dans le nord du Bénin, permettant...

Changement climatique : Ces solutions d’adaptation que des communautés du Bénin appliquent
CLIMATE CHANGE

Changement climatique : Ces solutions d’adaptation que des communautés du Bénin appliquent

August 13, 2025

By Didier Hubert Madafimè Vivant dans les régions côtières, la communauté des Xwla à Sèmè-Kpodji, dont la région d’origine est...

Next Post
West Africa and the imperatives of climate reporting

Stakeholders urge removal of trade barriers across West Africa

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

This site uses Akismet to reduce spam. Learn how your comment data is processed.

Recommended

Carbone contre feu de bois : le pari vert du Bénin

Carbone contre feu de bois : le pari vert du Bénin

2 weeks ago
Changement climatique : Ces solutions d’adaptation que des communautés du Bénin appliquent

Changement climatique : Ces solutions d’adaptation que des communautés du Bénin appliquent

2 weeks ago
UN Climate Change calls for urgent action to scale up climate finance at African Ministerial Dialogue

UN Climate Change calls for urgent action to scale up climate finance at African Ministerial Dialogue

4 weeks ago
How data science for nutrition recommendations can boost food productivity in West Africa – Experts

How data science for nutrition recommendations can boost food productivity in West Africa – Experts

4 weeks ago
Rice Revolution: Nigeria deepens partnership with AfricaRice

Rice Revolution: Nigeria deepens partnership with AfricaRice

1 month ago
Africa can go 100% renewable, so what’s stopping it?

Africa can go 100% renewable, so what’s stopping it?

2 months ago

Popular News

    Social Media

    ABOUT US

    Africa Climate Reports is Africa’s first and largest bilingual journal dedicated to opening new vistas in the coverage and reportage of climate change and the region’s environment. With a multi-lingual team of talented reporters from across the continent, we tell the African climate story in a refreshingly lucid, communally engaging and technically robust manner.

    SITE LINK

    • About
    • Advertise
    • Careers

    OTHER LINKS

    • About
    • Become a Climate Reporter
    • Send Us Your Report
    • Submit A News
    • Support Us
    • Privacy Policy
    • Contact Us

    NEWSLETTER

    Be the first to get notified when we have something new to share. Get Africa Climate Reports newsletter directly into your email.
    we promise not to spam you!
    • About
    • Advertise
    • Careers

    © 2024 All Rights Reserved- Africa Climate Report - Designed by Prexy

    No Result
    View All Result
    • HOME
    • CLIMATE CHANGE
    • SUSTAINABLE DEVELOPMENT
    • FOOD
    • FOREST
    • ENERGY
    • WASH
    • LAND
    • OTHERS
      • FINANCE
      • HEALTH
      • OCEANS
      • TOP STORIES
      • MOST POPULAR
      • COLUMNISTS
      • INTERVIEWS
      • OPINIONS
      • PHOTOS
      • VIDEOS

    © 2024 All Rights Reserved- Africa Climate Report - Designed by Prexy