shippingposition
  • Home
  • News
  • Editorial
    • Vox Pop
  • Maritime safety
  • Oil and Gas
  • Personality
  • Health
No Result
View All Result
shippingposition

Home » Nigeria, Uganda Strengthen Trade Relations Under AfCFTA

Nigeria, Uganda Strengthen Trade Relations Under AfCFTA

by Joshua
February 4, 2025
in Featured, News

Nigeria and the Ugandan governments have strengthened trade relations following the appointment of the Ugandan Trade Representative Ani Bassey-Eyo to Nigeria, marking a step in implementing the African Continental Free Trade Area agreement.

According to a statement, the appointment preceded the signing of commitment export orders, paving the way for Uganda’s first official shipment of goods to Nigeria.

The event held in December 2024 coincided with the commissioning of the Free Zones Export facility at Entebbe International Airport and the launch of Uganda’s AfCFTA Implementation Strategy.

Uganda’s President Yoweri Museveni, who witnessed the signing, described regional trade as a catalyst for economic transformation, stating, “I am pleased to kick off the journey for the first formal exports of Ugandan products to West Africa under AfCFTA.”

“As Africa awakens to its economic potential, it becomes evident that domestic markets alone are not sufficient. Expanding trade across the continent is essential for sustainable growth,” he added.

The first shipment, expected in the first quarter of 2025, will include coffee, black and green tea, milk, fish, and pharmaceuticals. The pilot consignment aims to assess market demand in Nigeria and lay the groundwork for further trade expansion.

Museveni commended President Bola Tinubu for supporting the initiative and facilitating the entry of Ugandan products into the Nigerian market. He urged African nations to strengthen commercial ties and harness the continent’s economic potential.

Minister of Trade, Industry, and Cooperatives, Francis Mwebesa, highlighted the role of free zones in attracting investment and creating jobs.

Similarly, Permanent Secretary Lynette Bagonza praised the collaborative efforts of government ministries and the private sector in shaping Uganda’s trade strategy.

Uganda noted its push into Nigeria’s market aligns with its broader ambition to position itself as a regional trade hub.

Beyond Nigeria, the country added its plans to expand exports to other AfCFTA member states by leveraging trade corridors and improving infrastructure.


Related Posts

Ports Rehabilitation: NPA Assures Stakeholders Of Seamless Operation 

Ports Rehabilitation: NPA Assures Stakeholders Of Seamless Operation 

April 30, 2026
Shittu Receives International Peace Advocate Honour, Proposes Maritime Desk at UN-POLAC

Shittu Receives International Peace Advocate Honour, Proposes Maritime Desk at UN-POLAC

April 30, 2026
AMATO Unveils Rescue Team To Tackle Port Trucking Challenges

AMATO Unveils Rescue Team To Tackle Port Trucking Challenges

April 30, 2026
NDLEA Raids 3 Illicit Drug Warehouses in Okota, Recovers N16.9bn Worth Of Opioids

NDLEA Raids 3 Illicit Drug Warehouses in Okota, Recovers N16.9bn Worth Of Opioids

April 30, 2026

Latest News

Ports Rehabilitation: NPA Assures Stakeholders Of Seamless Operation 

Ports Rehabilitation: NPA Assures Stakeholders Of Seamless Operation 

April 30, 2026

Shittu Receives International Peace Advocate Honour, Proposes Maritime Desk at UN-POLAC

AMATO Unveils Rescue Team To Tackle Port Trucking Challenges

NDLEA Raids 3 Illicit Drug Warehouses in Okota, Recovers N16.9bn Worth Of Opioids

Adeniyi Urges National Wrestlers To Make Nigeria Proud In Continental Championship

COWA Launches Nationwide 1,000-Tree Campaign

Boat Operator Seeks Establishment Of Fuel Stations On Water

Dozens Feared Missing After Canoe Capsizes In Western Uganda

OPINION: CVFF Disbursement and the Burden of Responsibility: Why Repayment Discipline Matters for Nigeria’s Maritime Future  

Vessels Expected At Lagos Ports As At 30th April, 2026

All Eyes On Presidency As Senate Passes Nigerian Port Economic Regulatory Agency Bill

Customs, NDLEA Set Up Joint Committee to Deepen Anti-Drug Collaboration

kindly like our Facebook page

Health

WARNING: High-Salt Diet May Speed Memory Decline In Men
Health

WARNING: High-Salt Diet May Speed Memory Decline In Men

April 20, 2026

New research from Edith Cowan University has showed that diet high in salt could accelerate memory decline in men, underscoring...

8% Nigerians Live With Diabetes – Official

8% Nigerians Live With Diabetes – Official

April 20, 2026
SALT USAGE ADVISORY: WHO, NAFDAC Warns Against Excessive Salt Intake, Recommends 1 Teaspoon Of Salt Daily

Some Health Benefits of Tomatoes?

April 13, 2026
SALT USAGE ADVISORY: WHO, NAFDAC Warns Against Excessive Salt Intake, Recommends 1 Teaspoon Of Salt Daily

SALT USAGE ADVISORY: WHO, NAFDAC Warns Against Excessive Salt Intake, Recommends 1 Teaspoon Of Salt Daily

April 13, 2026
Sleep Deprivation Root Cause Of Many Disease – Says Physician

Health Benefits Of Consuming Garden Egg

March 23, 2026
Sleep Deprivation Root Cause Of Many Disease – Says Physician

Sleep Deprivation Root Cause Of Many Disease – Says Physician

March 23, 2026
Report Finds Hypertension Affects Up To 40% Of Nigerian Adults In 2025

Stress Management: Psychiatrist Identifies Effective Coping Mechanisms

March 16, 2026
Report Finds Hypertension Affects Up To 40% Of Nigerian Adults In 2025

Report Finds Hypertension Affects Up To 40% Of Nigerian Adults In 2025

March 16, 2026
Lemons Are Among Fruits That Have The Highest Healing Powers Of Diseases On Earth

Lemons Are Among Fruits That Have The Highest Healing Powers Of Diseases On Earth

March 9, 2026
Nigeria Reports Higher Lassa Fever Death Rate

Nigeria Reports Higher Lassa Fever Death Rate

March 9, 2026

© 2021 Shippingposition

Navigate Site

  • Home
  • About Us
  • Contact us
  • Privacy Policy
  • Editorial Policy
  • Sitemap
  • Terms

Follow Us

No Result
View All Result
  • News
  • Coast To Coast
  • Oil and Gas
  • Maritime Education
  • The Terminals
  • Maritime safety

© 2021 Shippingposition