PRESIDENT Muhammadu Buhari has stated that African governments must create the necessary supporting policies, construct the necessary infrastructure, and guarantee an educated labor force, in order for the African Continental Free Trade Agreement (AfCFTA) to have a positive impact on long-term investment in productive capacities.
He made this statement during the keynote speech that opened the 9th African Shippers’ Day in Lagos.
Buhari, represented by the Minister of State for Transportation, Ademola Adegoroye, said: “We’ll need to actively promote productive employment and decent work, women empowerment and food security and reduction in inequalities.”
In addition to West Africa, he said that the AfCFTA revision will expand Nigeria’s exports to “other African sub-regions.”
He pushed African nations to increase and broaden their involvement in global value chains and commerce, in order to generate riches and advance their socioeconomic development.
