Agric Economy Politics

Bagudu Supports as Buhari signs Agreement establishing the ACFT Area

Governor of Kebbi State, H.E Abubakar Atiku Bagudu throwing support to President Muhammadu Buhari as he signs the Agreement establishing the African Continental Free Trade Area (#AfCFTA) at the opening of the 12th Extraordinary #AUSummit Session of Heads of State and Government in Niamey, Niger Republic. 

Also present: Governor of Borno, Prof. Babagana Umara Zulum mni and Governor of Katsina State, Aminu Bello Masari 

1.) The African Continental Free Trade Area ( AfCFTA ) is a free trade area, outlined in the
African Continental Free Trade Agreement among 52 of the 55 African Union nations.

2.) The free-trade area is the largest in the world in terms of participating countries since the formation of the World Trade Organization.

3.) The agreement was brokered by the African Union (AU) and was signed on by 44 of its 55 member states in Kigali, Rwanda on March 21, 2018. 

4.) The agreement initially requires members to remove tariffs from 90% of goods, allowing free access to commodities, goods, and services across the continent.

5.) The United Nations Economic Commission for Africa estimates that the agreement will boost intra-African trade by 52 percent by 2022. (Wikipedia, 2019)

It is indeed a new dawn for Africa.

Birnin-Kebbi, Kebbi State
New Media 
7th July, 2019

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