The Ministry of Foreign Affairs, on Saturday, announced that Nigeria has submitted a ratified document of the agreement establishing the African Continental Free Trade Area (AfCFTA) to the African Union legal depository.
The African Continental Free Trade Area, created in 2018, seeks to accelerate intra-African trade and boost Africa’s trading position in the global market.
Read also: UN Pledges Support For African Countries On AfCFTA
“On behalf of the Nigerian government, Amb. Richard Adejola, Head of the Nigerian Mission to the African Union, deposited the Instrument of Ratification of the Agreement Establishing the AfCFTA with the African Union legal depository, today, 5th December, 2020,” the Ministry of Foreign Affairs said in a tweet.
“The instrument of ratification was received by Amb. Albert Muchanga, AU Commissioner for Trade and Industry, representing the AUC Chairperson.”
The instrument of ratification was received by @AmbMuchanga, AU Commissioner for Trade and Industry, representing the AUC Chairperson. pic.twitter.com/ji6bdvQXX9
— Ministry of Foreign Affairs, Nigeria 🇳🇬 (@NigeriaMFA) December 5, 2020
President Muhammadu Buhari signed the AfCFTA in July 2019.
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