President Buhari Must Consider MAN Position on ACFTA, Fixing “Rule of Origin” Prerequisite for Nigeria

President Trump has waged trade wars with China, Mexico, and Canada. His mission: protect the American people economically. Nigerian government has refused to join the African Continental Free Trade Agreement (ACFTA) because most manufacturers in Nigeria hate the agreement. For them, with Nigeria’s lack of infrastructural competitiveness, opening the market to Rwanda, Ghana, etc will destroy manufacturing. Yes, the opportunity is asymmetric: I am not sure what most Nigerian producers will benefit from shipping to Botswana. But Botswana producers will surely benefit from having access to Nigerian market at largely zero tariff. I have made my opinion on ACFTA known: … Continue reading President Buhari Must Consider MAN Position on ACFTA, Fixing “Rule of Origin” Prerequisite for Nigeria