FG to take a decision on AfCFTA – Adeosun

Kemi-Adeosun-Minister-for-Finance (1)

Minister of Finance, Kemi Adeosun says the Federal Government would thoroughly examine the African Continental Free Trade Agreement (AfCFTA) before appending its signature on it.

Adeosun stated this on Wednesday at the 2018 Annual Meetings of the African Export-Import Bank (Afreximbank) in Abuja.

She said the trade agreement was too important for the country to sign without making sure that the interest of its people was protected.

“The Federal Government has embarked on a nationwide consultation with state governments, local government authorities, manufacturers and other stakeholders.

“It has almost concluded the consultations and would soon take a decision on whether to sign the agreement or not,” Adeosun said.

She added that legitimate questions were being asked about how AfCFTA would affect businesses.

“We must get things right and that is why we must follow due process so that we can say that we have done all the things that we are expected to do.

“So that is simply what has been happening in the last few months,” Adeosun said.   

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