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

Home » AfCFTA: ACCI Embarks On Activities For Active Participation

AfCFTA: ACCI Embarks On Activities For Active Participation

by Ade
October 5, 2021
in Featured, News

The Abuja Chamber of Commerce and Industry (ACCI) says it has embarked on activities to strengthen capacity of the Organised Private Sector to participate actively in the African Continental Free Trade Area (AfCFTA).

Al-Mujtaba Abubakar, ACCI President

Dr Al-Mujtaba Abubakar, ACCI President, on Monday in Abuja at the opening of its 16th Abuja International Trade Fair, described it as a major gathering platform for businesses all over Africa.

The fair, holding at Abuja Trade and Convention Centre has its theme as “Exploring Opportunities of the African Continental Free Trade Area (AfCFTA) and will end on Oct. 9.

Abubakar noted that in view of achieving AfCFTA, the chamber emphasised on capacity training for export market, trans-national alternative dispute resolution, programme for pro-business policy and stakeholders’ gathering.

“The private sector must be ready to capitalise on the readiness of the government to deploy all state apparatus in support of Nigeria’s participation in AfCFTA.

“The importance of AfCFTA is underscored by the full support of government towards preparing the nation to exploit the opportunities the AfCFTA platform has provided.

“As Nigeria is grooming her business class for continental trade, other African nations are also in the same race. This is where Private Sector becomes critically relevant partner of government to deliver on AfCFTA benefits,” he noted.

In addition to the action plans already created by the National Action Committee on AfCFTA, he said a deliberate emergency action must be taken to ease the export process.

According to Abubakar, action must be taken to also ensure single export clearing desk for exporters facilitation, force regulators to become facilitators and declare export facilitation as a national emergency.

“As a nation facing low export and high import and facing stiff competition from over 50 nations, we must take export mobilisation as an emergency,” he said.

He further urged the presidency to summon leaders of agencies in the export sector to enforce single desk clearance for exporters.

Read Also:  Akpabio, Saraki To Lead Discourse At 3rd AFMESI Annual Symposium

This, he said was the only way to ensure Nigeria’s competitiveness and strength as a biggest economy in the continent.

In a remark, Otunba Adeniyi Adebayo, Minister of Industry, Trade and Investment while highlighting the objectives of the AfCFTA said Nigeria would benefit immensely from the largest free trade area in the world.

Adebayo, represented by Mr Aliyu Abubakar, Director, Trade Department of the ministry, tasked business operators in Nigeria including the ACCI to take full advantage of the AfCFTA, adding that it had a number of policy goals.

The minister noted that Nigeria had signed and ratified the agreement which entered into force in Jan. 1.

According to him, measures are being put in measures to ensure effective implementation.

“The ministry is willing to partner with ACCI for the realisation of the AfCFTA and to work together in the area of Industrialisation and trade facilitation “ Adebayo said.

The fair which features both local and foreign exhibitors including participants from Egypt, Parkistan, Kenya and India among others will have a roundtable on AfCFTA implementation.

shippingposition

Kindly like us on Facebook


Tags: ACCIAfCFTA

Related Posts

NPA Assures FG Of Concluding Renewal Of Port Concession In 45 Days

NPA Assures FG Of Concluding Renewal Of Port Concession In 45 Days

August 13, 2022
Minister Lauds SIFAX Group, Pledges FG Support

Minister Lauds SIFAX Group, Pledges FG Support

August 13, 2022
Customs Collects N1.293trn Revenue In Six Months – Official

Customs Collects N1.293trn Revenue In Six Months – Official

August 13, 2022
Navy Hands Over 11 Crew Members, Trawler To Fishery Agency In Bayelsa

Navy Hands Over 11 Crew Members, Trawler To Fishery Agency In Bayelsa

August 13, 2022

Discussion about this post

Latest News

Random Musing About Drug Seizures, Usage At The Port and Port Community

Random Musing About Drug Seizures, Usage At The Port and Port Community

August 15, 2022

Do you think Nigeria is winning the war against drug importation and usage?

Nigeria Loses N101bn Worth Of Oil, Says OPEC

World Bank Raises the Alarm Over Nigeria’s N6.7trn Annual Fuel Subsidy

$1.9bn Royalty, Taxes To Nigeria In Two Years – Shell

Oil Theft: Nigeria Loses 400,000 Barrels Daily – Sylva

Nigeria Loses N891bn To Gas Flaring

Navy Reiterates Need For Safety Measures To Avoid Loss At Sea

Insurance For Vessels Leaving Ukrainian Ports Loaded With Grains Skyrockets

Troops Apprehend 10 Pipeline Vandals, 2 High Profile Sea Pirates

WEEKLY GLOBAL MARINE INCIDENTS

Keep Wearing Facemasks To Prevent COVID-19, FG Urges Nigerians

kindly like our Facebook page

Health

‘Applying Mentholatum On Babies Nose, Mouth Risky, Could Cause Seizures, Respiratory Depression’
Health

‘Applying Mentholatum On Babies Nose, Mouth Risky, Could Cause Seizures, Respiratory Depression’

August 15, 2022

A Consultant Paediatrician at the Lagos University Teaching Hospital, Idiaraba, Lagos, Dr. Gbemisola Boyede has cautioned against applying mentholatum on...

NCDC Confirms 157 Monkeypox Cases, Four Deaths

NCDC Confirms 157 Monkeypox Cases, Four Deaths

August 15, 2022
COVID-19 Kills Over 255,000 In Africa As Cases Hit 11.9m

COVID-19 Kills Over 255,000 In Africa As Cases Hit 11.9m

August 8, 2022
Anambra Vaccinates 643,658 Residents Against COVID-19 – Official

Anambra Vaccinates 643,658 Residents Against COVID-19 – Official

August 8, 2022
Early Detection Of Heart-Related Diseases Crucial To Preventing Sudden Death — Cardiologist

Early Detection Of Heart-Related Diseases Crucial To Preventing Sudden Death — Cardiologist

August 8, 2022
Monkeypox: WHO Advocates Global Investment In Vaccine As 70 Countries Affected

Monkeypox: WHO Advocates Global Investment In Vaccine As 70 Countries Affected

August 8, 2022
NIMR investigates Covid-19 vaccine effectiveness, side effects among Nigerians

NIMR investigates Covid-19 vaccine effectiveness, side effects among Nigerians

August 1, 2022
COVID-19: Fifth Wave Looms As Nigeria Records Three Deaths In One Week

COVID-19: Fifth Wave Looms As Nigeria Records Three Deaths In One Week

August 1, 2022
Reduce Sex Partners To Prevent Monkeypox, WHO Urges Men At Risk

Reduce Sex Partners To Prevent Monkeypox, WHO Urges Men At Risk

August 1, 2022
Researchers Caution Against Adding Salt To Foods, Say It Can Reduce Life Expectancy, Cause Death

Researchers Caution Against Adding Salt To Foods, Say It Can Reduce Life Expectancy, Cause Death

August 1, 2022
WHO Advocates Right Strategies To Stop Monkeypox Outbreak

WHO Advocates Right Strategies To Stop Monkeypox Outbreak

August 1, 2022

© 2021 Shippingposition

Navigate Site

  • Home
  • About Us
  • Contact us
  • Privacy 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