The National Association of Government Approved Freight Forwarders (NAGAFF) , has described the recently signed African Continental Free Trade Area (AfCFTA) agreement by President Muhammadu Buhari as economic suicide for Nigeria .
other manufacturers outside the country.
According to him, : “It is to us in NAGAFF that Nigeria signing up for the without due consideration to
metrological shortcomings in our local manufacturing content, shall be
like opening our economy to further danger of dumping substandard,
fake and life endangering products into Nigeria.
countries in particular and the world economy, in general.
“And for us in NAGAFF we have to continue to advise the government
through our public policy advocacy, the need for government to pay
greater attention to the informal sector groups than the present
position wherein the government has continued with uncommon support
for the organized private sector with their bogus and unverifiable
economic inputs to the ailing economy.
history, especially the ETLS programme, which eventually, left Nigeria
and its economy badly bruised. Nigeria has a large market no doubt.
African countries which may have repackaged the products originally
manufactured outside Africa.
Coffee is primarily produced in France, but may have been imported
into countries like Cote D’ ivoire, but repackaged and re-labelled as
being produced in Cote D’ ivoire and exported to Nigeria enjoying zero
tariff under ETLS.
on imports from Europe and other parts of the world, will import such
products into their countries, only to repackage and re-label them and
again export them to Nigeria, paying little or no tariff under the AfCFTA”, he added.
