AfCFTA: Nigeria ready for 2021 take off date

AfCFTA: Nigeria ready for 2021 take off date

The federal government says it is preparing ahead of next year’s takeoff of the Africa Continental Free Trade Area (AfCFTA) Agreement.

The Minister of Industry, Trade and Investment, Otunba Adeniyi Adebayo disclosed, also said  the Federal Government in its industrial plan in the post COVID-19 era is the sustainability of existing businesses in the country.

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In his address at the virtual annual conference of the Institute of Directors (IOD), Adebayo noted that the pandemic has necessitated the need to ensure the survival of existing business while attracting more foreign investment into the economy.

“It is important to note that the pandemic has necessitated an increase of the government’s focus towards ensuring the sustainability of our existing businesses, specifically in the areas of access to financing, access to markets, tax relief and overall improvement in the ease of doing business.

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