Saturday, September 23, 2023

Nigeria Absent As 44 African Countries Sign The Free Trade Agreement

Leaders from 44 (forty-four) African countries on Wednesday signed an agreement to form a $2.5 trillion continental free-trade zone, but Nigeria was loudly absent.

The free-trade zone is about the largest in the world since the creation of the World Trade Organisation in 1995. Deliberations on the free-trade zone started in 2015 and was originally projected to capture 55 countries.

At the African Union summit in Kigali, Rwanda, Paul Kagame, host president, declared the meeting a great success after initial negotiations and deliberations were concluded.

Nigeria’s President Muhammadu Buhari had been initially scheduled to attend the summit and sign the agreement after the federal executive council gave its approval at its March 14 meeting.

The trip was canceled on Sunday, March 18 and the presidency did not give a reason for the development.

Related Articles

- Advertisement -

Latest Articles

%d bloggers like this: