President Muhammadu Buhari has stressed the need for African governments to develop appropriate supporting policies, build requisite infrastructure and ensure an educated work force for the African Continental Free Trade Agreement (AfCFTA) to have a positive influence on long-term investment in productive capacities.
The president, who made this known while speaking at the opening of the 9th African Shippers’ Day in Lagos, where he was represented by the Minister of State for Transportation, Ademola Adegoroye, said: “We’ll need to actively promote productive employment and decent work, women empowerment and food security and reduction in inequalities.”
According to him, “The AfCFTA reform would increase Nigeria’s exports to other African sub-region, outside West Africa.”
He, therefore urged African countries to expand and diversify their participation in international trade and global value chains to create wealth and promote their socio-economic development.
