President Muhammadu Buhari yesterday met with visiting President Cyril Ramaphosa of South Africa in the Presidential Villa, Abuja, where he expressed readiness to sign the Africa Continental Free Trade Agreement (AfCFTA).
At a joint press conference after their closed-door meeting, Buhari confirmed that he would soon sign the agreement. The Nigerian president, who earlier declined to assent to the continental trade document, explained then that he could not agree to anything that would undermine local manufacturers and entrepreneurs in his country.
President Buhari followed his decision by setting up a presidential committee to widen consultation within two weeks towards understanding the economic and security implications of Nigeria signing the deal. Buhari explained that he was always careful when it comes to signing agreements, especially when such would not augur well for the upcoming industries in Nigeria.
Source: The Guardian
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