• Privacy Policy
  • Terms
  • About us
  • Contact Us
  • Staff Email
Wednesday, May 13, 2026
  • Login
TheMattersPress
  • Home
  • News
  • Features
  • Thematterspress
  • Multimedia
    • Audio
    • Photo
    • Video
  • About us
  • Contact Us
No Result
View All Result
  • Home
  • News
  • Features
  • Thematterspress
  • Multimedia
    • Audio
    • Photo
    • Video
  • About us
  • Contact Us
No Result
View All Result
TheMattersPress
No Result
View All Result
Home Economy/Technology

Expert advocates domestication of AfCFTA to defend against violations

AfCFTA

The Matters Press by The Matters Press
July 19, 2023
Reading Time: 3 mins read
0
AfCFTA’s potential for enterprises dominates discussion

Lagos, July 19, 2023: Mrs Franca Achimugu, Strategy Coordinator, Africa Continental Free Trade Area (AfCFTA) Secretariat, has called for the domestication of AfCFTA provisions into Nigeria’s national law to defend against violations.

RELATED POSTS

Tinubu’s economic reforms grow Nigeria’s export earnings by 38.68% – TMV

Tinubu engages global investors in Paris

Tinubu vindicated as opposition coalition collapsed under the weight of Atiku, Obi’s lust for power-Group

She said this at the Manufacturers Association of Nigeria Export Group (MANEG) AfCFTA Training on Tuesday in Lagos with the theme; “Exporting Under the AfCFTA”.

AfCFTA, the largest free trade area in the world, measured by the number of countries participating, would boost intra-Africa trade by 52.3 per cent through elimination of import duties.

AfCFTA offers parties preferential access to a continental market for goods and services imports worth $504.17 billion and $162 billion respectively.

Achimugu stated that if AfCFTA provisions were not domesticated into national law, they might not be employed in defense of cases involving their violations before courts of law neither would they be used for advocacy of rights within the country.

She noted that Section 12 (1) of the Constitution of the Federal Republic of Nigeria, 1999 states that “No treaty between the Federation and other country shall have the force of law except to the extent to which any such treaty has been enacted into law by the National Assembly”.

Achimugu said that failure of Nigeria to domesticate AfCFTA, or lateness in doing so causes unreasonable hardship on other AU member states that intend having commercial relationship with the country.

“This is because the provisions of the treaty cannot be enforced in the domestic courts of the country.

“This would not only discourage trading with the country but also affect the flow of investments into Nigeria; and in addition, stunts the growth of the law in the country.

“The resultant effect of this is that persons and corporate entities from other African member states who transact business with Nigerian companies or are situated in Nigeria cannot enjoy the privileges and benefits of AfCFTA Treaty, as expected,” she said.

Achimugu listed Nigeria’s edge under AfCFTA to include largest economy in Africa, access to global market, large population, thriving industrial sector, improving business environment, sophisticated financial markets and availability of arable land.

She, however noted that key challenges existed in areas of infrastructure, insecurity, production and productivity issues, funding and regulatory constraints and predatory trade practices.

“Nigeria signed the agreement on July 7, 2019, ratified December 4, 2020 and the country has to be very intentional and strategic about its positioning to maximise the benefits of the AfCFTA,” she said.

Mrs Odiri Erewa-Meggison, Acting Chairman, MAN Export Promotion Group (MANEG), described the training as efforts to reposition MANEG to serve in its capacity as the leading and most recognised non-oil export promotion advocacy group in the country.

Erewa-Meggison noted that manufacturers armed with a deeper understanding of the trade bloc, its opportunities, and challenges, would be empowered to make informed decisions and formulate effective strategies for success.

“As the Nigerian government continues to take steps to ensure our full participation in the AfCFTA, MANEG is determined to build the capacity of our members to optimise understanding of AfCFTA and take full advantage of the benefits – as soon as the pathway opens.

“I enjoin every participant to be involved in the conversations, take in as much as possible information from this two-day training and ask the relevant questions so that we extract full value from the training.

“Your participation in this training exemplifies your commitment to investing in the growth and long-term success of your business.

“By the end of this training, our expectation is that your business group will be well-equipped to maximise the benefits of the AfCFTA, she said.

The News Agency of Nigeria (NAN) reports that MANEG is a subgroup of the Manufacturers Association of Nigeria responsible for representing the interest of Nigerian exporters in the relevant circles.

The body is dedicated to non-oil export promotion in Nigeria and is typically at the forefront, advocating for government policies or legislation that help to boost enterprises exporting non-oil products.

Tags: AfCFTA
ShareTweetPin
The Matters Press

The Matters Press

Related Posts

Council seeks incentives to boost indigenous ship operations
Economy/Technology

Tinubu’s economic reforms grow Nigeria’s export earnings by 38.68% – TMV

May 7, 2026
Tinubu engages global investors in Paris
Economy/Technology

Tinubu engages global investors in Paris

May 6, 2026
TMSG to ADC: You are a motley crew of power mongers, palace jesters
Economy/Technology

Tinubu vindicated as opposition coalition collapsed under the weight of Atiku, Obi’s lust for power-Group

May 6, 2026
Tinubu explains mission as he marks second year in office
Economy/Technology

IMPI faults opposition, rates Tinubu’s policies successful, as Naira succeeds as Africa’s second-best-performing currency against dollar

April 29, 2026
NLC’s insistence on eating the seed and expecting a harvest is a metaphor for an absurdity
Economy/Technology

ANALYSIS: HOW TINUBU’S REFORMS TRIGGER HIGH REVENUE EARNINGS IN NIGERIA’S REAL SECTOR

April 29, 2026
Calabar Port receives 72 vessels in 5 months
Economy/Technology

Reduced tariff on imports will cushion effects of the Middle East crisis on cost of living – TMSG

April 18, 2026
Next Post
Marketers hail unveiling of new NNPC

NNPC attributes increase in petrol price to market realities

Nissan recalls 1,150,000 vehicles in 3 months

Nigeria sets target on production of electric vehicles

Recommended Stories

Dangote Cement commences Tranche II share buyback

Dangote cement completes tranche II share buy-back

January 26, 2022
MAN concerns over CBN’s e-invoicing guidelines, calls for 90 days extension

MAN urges banks, OPS to grow economy

August 4, 2022
Trading in Nigerian stock market dips further N83bn

Stock market declines further, index drops by 1.86%

July 27, 2022

Popular Stories

  • Rising prices of goods cause protests in Morocco

    Rising prices of goods cause protests in Morocco

    0 shares
    Share 0 Tweet 0
  • NCC sets fresh operational fees, spectrum prices for telecom operators

    0 shares
    Share 0 Tweet 0
  • NLNG not responsible for gas supply shortfall, price hike

    0 shares
    Share 0 Tweet 0
  • Hoarding causes hike in prices of grains

    0 shares
    Share 0 Tweet 0
  • Prices of Petrol, diesel increase in November

    0 shares
    Share 0 Tweet 0
TheMattersPress

We bring you the best news update in Nigeria

LEARN MORE »

Recent Posts

  • Tinubu’s economic reforms grow Nigeria’s export earnings by 38.68% – TMV
  • Tinubu engages global investors in Paris
  • Tinubu vindicated as opposition coalition collapsed under the weight of Atiku, Obi’s lust for power-Group

Categories

  • Agriculture
  • Economy/Technology
  • Energy
  • Entertainment/sports
  • Features
  • Foreign
  • Multimedia
  • Natural Resources
  • News
  • Oil and Gas
  • Photo
  • Politics
  • Security
  • Thematterspress
  • Uncategorized
  • Video

© 2025 Domo Tech World - Powered by Thematterspress.

No Result
View All Result
  • Home
  • News
  • Features
  • Thematterspress
  • Multimedia
    • Audio
    • Photo
    • Video
  • About us
  • Contact Us

© 2025 Domo Tech World - Powered by Thematterspress.

Welcome Back!

Login to your account below

Forgotten Password?

Retrieve your password

Please enter your username or email address to reset your password.

Log In
Call Us