Our President Should Sign AfCFTA Free Trade after Strengthening “Rule of Origin” Clause

The Manufacturers Association of Nigeria (MAN) has suggested to President Buhari not to sign the agreement establishing the African Continental Free Trade Area (AfCFTA).  The major concern is that with Nigeria’s largely subpar infrastructural capacities [mainly electricity], most Nigerian factories could relocate to other African countries to produce items they sell in Nigeria. The implication would be massive manufacturing unemployment in the land.  Also, the risk of dumping goods in Nigeria is also high. Trade activism is a hot thing now. President Trump is hitting China with tariffs on some products. He had taken U.S. out of the Trans-Pacific Partnership … Continue reading Our President Should Sign AfCFTA Free Trade after Strengthening “Rule of Origin” Clause