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

Home » Lagos Ready To Domesticate AfCFTA Agreement – Sanwo-Olu

Lagos Ready To Domesticate AfCFTA Agreement – Sanwo-Olu

by Joshua
March 24, 2021
in Featured, News

Lagos State Governor, Mr Babajide Sanwo-Olu, says the state is ready to domesticate the African Continental Free Trade Area (AfCFTA) Agreement.

L-R: Otunba Niyi Adebayo, Minister of Industry, Trade & Investment and Chairman, National Action Committee on African Continental Free Trade Area Agreement (AfCFTA), receiving a plaque from Mr Babajide Sanwo-Olu, Lagos State Governor, during AfCFTA National Action Committee courtesy visit to the Governor, at the Lagos House, Alausa, Ikeja, on Tuesday.

 

Sanwo-Olu said this on Tuesday when he received the Minister for Industry, Trade and Investment, Mr Niyi Adebayo, on a courtesy visit at the Lagos House, Ikeja.

The minister led members of the National Action Committee on nationwide sensitisation on African Continental Free Trade Area (AfCFTA), which the nation entered into to deepen economic integration among African countries.

He said that Lagos had observed the processes leading to the adoption of the continental trade agreement and positioned itself for market expansion across areas of collaboration.

The governor said the state was ready to take advantage of the AfCFTA for growth, as a local action committee would be set up by the state government.

According to him, the state committee will liaise with the Federal Government’s committee, in order to streamline the trade agreement with the state’s economic agenda.

He said that the sustained investment in infrastructure in Lagos State was a deliberate attempt to position its economy for more inflow of trade and economic partnership.

Sanwo-Olu said that Lagos would not relent in its effort to scale up necessary infrastructure to drive growth and socio-economic development.

”I congratulate President Muhammadu Buhari and the leadership of the African Union who worked tirelessly to come to this trade agreement, which is in our continent’s interest.

”As a sub-national player, Lagos has quietly observed and waited for a time when we can take full advantage of the agreement for economic collaboration.

”We are ready to work with the National Action Committee to domesticate the agreement for good outcome. As commercial centre, we will play leadership role in the comity of states.

”We know there is a need to scale up investment in infrastructure and build the capacity to be able to take full advantage of what the AfCFTA has to offer for our economy.

”This effort will be sustained so that Lagos can fully be positioned to benefit from the free trade agreement,” he said.

Sanwo-Olu said that the AfCFTA fitted into Lagos’ economic development blueprint, and the state had started to build capacity and put in place requisite services to pave the way for free trade.

He said that the Deep Seaport being constructed in Ibeju-Lekki was strategically initiated to boost the state’s Gross Domestic Product (GDP), by achieving quick turnaround in the import and export of goods to African markets.

The governor said the Smart Meter Hackathon, a power intervention project being funded by Lagos Government, was one of the biggest Financial Technology projects in Africa.

He said that it was one of the ways Lagos had positioned itself for continental trade and partnership before the adoption of enabling multilateral agreements.

Earlier, Adebayo said the AfCFTA agreement sought to create single market for goods produced in the continent.

He said that the adopted of multilateral contract would give signatory countries access to combined GDP of $3.4 trillion.

The minister said that since Lagos remained the arrowhead state for Nigeria’s export trade expansion, it was uniquely positioned to take full advantage of the AfCFTA agreement.

”President Buhari charged the committee to coordinate the activities of public and private sector stakeholders at all levels to undertake interventions to prepare Nigeria for trading under the AfCFTA.

”Since bulk of Nigeria’s wealth, both natural resources and human talent, are domiciled in the states, it is a matter of necessity to domesticate the trade agreement at the state and grassroots levels,” he said.


Tags: FGLagos State

Related Posts

BREAKING: Oyetola Inaugurates NIMASA Governing Board, Charges Members on Strategic Oversight

BREAKING: Oyetola Inaugurates NIMASA Governing Board, Charges Members on Strategic Oversight

July 2, 2025
Apapa Customs Boss Breaks Bottlenecks: ANLCA Chairman Hails Reduction of Checkpoints, Demands More Reforms

Apapa Customs Boss Breaks Bottlenecks: ANLCA Chairman Hails Reduction of Checkpoints, Demands More Reforms

July 2, 2025
Succession Planning: Shippers’ Council Launches Training Programme for Mid-Level Officers

Succession Planning: Shippers’ Council Launches Training Programme for Mid-Level Officers

July 2, 2025
 “Why do we prefer Dollars over our own Naira; even in local contract execution’?— Dr Eugene Nweke

SEREC Outlines Key Benefits, Strategic Advice for CGC Adeniyi on His Appointment as WCO Council Chair

July 2, 2025

Discussion about this post

Latest News

BREAKING: Oyetola Inaugurates NIMASA Governing Board, Charges Members on Strategic Oversight

BREAKING: Oyetola Inaugurates NIMASA Governing Board, Charges Members on Strategic Oversight

July 2, 2025

Apapa Customs Boss Breaks Bottlenecks: ANLCA Chairman Hails Reduction of Checkpoints, Demands More Reforms

Succession Planning: Shippers’ Council Launches Training Programme for Mid-Level Officers

SEREC Outlines Key Benefits, Strategic Advice for CGC Adeniyi on His Appointment as WCO Council Chair

MWUN, Melsmore Marine Meet To Resolve Workers’ Welfare Issues

WCO: Nimrod Expresses Confidence In Adeniyi`S  Ability

Vessels Expected At Lagos Ports As At 2nd July, 2025

BREAKING: Apapa Customs Rakes in N1.3 Trillion Revenue in First Half of 2025

Oyetola Inaugurates NPA Governing Board, Calls for Reform-Driven Leadership

Industry Conflict Resolution: Nigeria Saved N6bn In 2024 – NSC 

Merchant Navy Felicitates Maritime Workers Union On Successful Branch Elections

CRFFN Rallies Freight Forwarders for Digital Transformation, Targets AfCFTA Market Opportunities

kindly like our Facebook page

Health

Contraceptive Pills Can’t Cause Cervical Cancer – Expert
Health

Contraceptive Pills Can’t Cause Cervical Cancer – Expert

June 30, 2025

Mrs Roseline Akinlabi, Adolescent and Youth Sexual Reproductive Health Desk Officer, Osun Primary Healthcare Board, says contraceptive pills cannot cause...

ONIONS: The Good Old Healing Vegetable

KNOW YOUR BODY PARTS: The Liver The liver is a vital organ located in the right upper abdomen, playing a crucial role in metabolism, detoxification, and digestion. It’s the largest solid organ in the body and is responsible for filtering blood, maintaining blood sugar levels, regulating clotting, and synthesizing essential proteins. The liver also stores energy, removes toxins, and produces bile, which aids in digestion Liver functions: · Metabolism and Detoxification: The liver processes nutrients from the blood, breaks down and balances them, and creates essential substances for the body. It detoxifies harmful substances like drugs and alcohol, converting them into less toxic forms for excretion. The liver plays a role in the metabolism of proteins, carbohydrates, and fats. It stores glycogen (a form of glucose) and vitamins, releasing them when the body needs them. · Digestion: The liver produces bile, which is stored in the gallbladder and released into the small intestine to help digest fats. Bile also helps in the absorption of fat-soluble vitamins. · Blood Regulation: The liver regulates blood sugar levels by storing and releasing glucose. It synthesizes clotting factors, which are essential for blood clotting. It removes old red blood cells and processes bilirubin, a byproduct of red blood cell breakdown. · Other Functions: The liver plays a role in immunity, helping to fight off infections. It produces proteins that are involved in the immune response. The liver also stores iron and other essential minerals. Frequently Asked Questions About The Liver · What are the first signs of a bad liver? The initial signs of liver problems can be vague and subtle, often including fatigue, nausea, and loss of appetite. As the liver’s condition worsens, more specific symptoms may emerge, such as jaundice (yellowing of the skin and eyes), itchy skin, dark urine, and light-colored stools. Abdominal pain, especially in the upper right quadrant, can also indicate liver issues. · Where do you feel liver pain? Liver pain is typically felt in the upper right abdomen, just beneath the rib cage. It can manifest as a dull, throbbing pain, a stabbing sensation, or a general feeling of discomfort in that area. In some cases, liver pain might be felt as an ache in the right shoulder or back. · What does liver pain feel like? How liver pain feels can vary from person to person, depending on the cause. However, most people often develop one or more of the following symptoms: Dull, persistent aches in the upper abdomen A feeling of fullness or bloating Sharp, stabbing pains that come and go Tenderness when the upper abdomen is touched · What is the best way to cleanse your liver? If you haven’t been working out, start indulging in a regular exercise regime to allow the toxins to come out of your body. Yoga, going running, hitting the gym, or a simple sauna session can also prove effective. If you want a natural liver cleanse, sweating is the way to go. · How to know if the liver is swollen? What are the symptoms of an enlarged liver? You likely won’t notice an enlarged liver on your own. In some severe cases, you might notice a feeling of bloating or fullness in your belly or an ache in your upper right abdomen. · What is the best drink to flush your liver? Many citrus fruits, including lemon, can be added to water to help stimulate and flush out the liver. Lemons are high in nutrients like vitamin C and antioxidants

June 16, 2025
ONIONS: The Good Old Healing Vegetable

ONIONS: The Good Old Healing Vegetable

June 16, 2025
Why Prostate Disorder Cases Are Increasing Among Nigerian Men – Experts

Why Prostate Disorder Cases Are Increasing Among Nigerian Men – Experts

June 1, 2025
20m Nigerians Live With Mental Health Issues, Says WHO

20m Nigerians Live With Mental Health Issues, Says WHO

June 1, 2025
Health Facts You Didn’t Know

How Your Habit Affects Fertility

May 19, 2025
Fruits For Raining Season

Fruits For Raining Season

May 19, 2025
See Mental Illness Like Other Treatable Diseases – Says Suicide Survivor

Health Facts You Didn’t Know

May 19, 2025
Alligator Pepper: Benefits, FAQ, Side Effects, & Warning

Alligator Pepper: Benefits, FAQ, Side Effects, & Warning

April 28, 2025
Water And Health: The Relationship That Helps Life

Water And Health: The Relationship That Helps Life

April 28, 2025

© 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