Connect with us

Politics

Nigeria plans $1.2bn export capacity for every state

Published

on

.

The Federal Government has said that it is working on a plan that will raise Nigeria’s export capacity to $1.2 billion or more.

During an African joint news conference with the Nigeria Governors’ Forum (NGF) in Abuja on Monday, Continental Free Trade Agreement (AfCFTA) National Action Committee secretary Francis Anatogu said that the target was important to reposition the country’s economy.

The Senior Special Assistant to President Muhammadu Buhari on Public Sector Matters said that a draft implementation plan on AfCFTA had been created to facilitate effective implementation of the continental trade pact at the sub-national levels.

“First of the strategic goals in the implementation plan is to grow export capacity of every state to the tune of $1.2 billion with a focus on products where there is a competitive advantage,” said Mr Anatogu ahead of the Nigeria AfCFTA Subnational Strategy Workshop on Tuesday in the country’s capital.

“The organizing of the first subnational strategy workshop in collaboration with the NGF here in Abuja is an intervention that will put the nation on course to make this goal a reality.”

Mr Anatogu continued that part of the implementation strategy was to help states build the capacity to participate in the single African market and stressed the need for the states to ensure that they have the right policies and structures to support the target.

He also underlined the importance of continuous trading activities between states in the country as well as with other countries.

.

News2 mins ago

Greed factor: Why Nigerians are losing billions to get-rich-quick investment frauds

Local14 mins ago

Nigerian Army gathers influencers for “modern warfare” on social media

News24 mins ago

How N17bn Paris Club refund landed Obiano on EFCC’s watch list

Local38 mins ago

Why snakes enter toilets and natural remedies to scare them away from homes

News46 mins ago

Copyright infringement, defamation major problems in showbiz —Candy Mamalouk

Local60 mins ago

Why Nigerian founders attracted $900 million investment: Emefiele

Politics1 hour ago

Bianca Ojukwu sends ‘important’ message to Buhari over Nnamdi Kanu

News1 hour ago

Economic plan saved 1.3 million jobs, says FG

Local1 hour ago

IPOB agitation fuelled by marginalisation; Nnamdi Kanu should be released: Bianca Ojukwu

Politics1 hour ago

CONFIRMED: Tinubu contesting for president in 2023 – elder statesman

News2 hours ago

Railway police command CP moves to eject 200 families from Lagos barracks Monday

Local2 hours ago

Kwara United beat Oluyole Spikers; Kada Kings down ABM

News2 hours ago

I feel like committing suicide whenever I see photos of my two daughters kidnapped since 2009 – 64-year-old Rivers retiree

Local2 hours ago

NMA seeks establishment of Health Bank

News2 hours ago

Fuel hike: Nigerian students threaten nationwide shutdown

News2 hours ago

Weekly diaspora remittances rise to $100m, says Emefiele

Local2 hours ago

FG to begin mass demolition in FESTAC

News3 hours ago

Obaseki, stakeholders seek policies to attract gas investment

Entertainment3 hours ago

She tripped, fell, and lost consciousness outside the club – Obi Cubana’s club, Hustle & Bustle, narrates how woman died at the club as video evidence to dispute claims she was electrocuted is released

News3 hours ago

Tinubu visited me to seek support for presidential ambition – Yakasai

Local20 hours ago

Netflix invites Nigerians to scriptwriting programme

News22 hours ago

Rema faults DJ Neptune for releasing his song without permission

Health21 hours ago

The #1 Best Holiday Food to Eat for a Flat Belly, Says Dietitian

News12 hours ago

Uganda risks losing only international airport over Chinese loan

News21 hours ago

Accountability will remain PDP’s watchword, promises Ayu

Entertainment17 hours ago

“Does Google read minds too?” – Reality TV star, Erica left shocked by an experience in Dubai

Entertainment20 hours ago

Naira Marley’s sister, Subomi buys herself a Mercedes Benz GLK

World13 hours ago

India: Islamic scholar says Muslims should stay away from malls, Allah dislikes them, women look at men

Business News20 hours ago

Reminiscing on the Loss of a Friend, Dreams Deferred, and Bold New Beginnings

Local10 hours ago

NDLEA arraigns two men for dealing in 789kg cannabis

Business News21 hours ago

Malawi, Mozambican Agree to Strengthen Economic Relations

World20 hours ago

California County Mandates Masks for Private Thanksgiving Celebrations at Home

Business News22 hours ago

Poor Leadership: Principal or Instrumental Explanation for Nigeria’s Underdevelopment?

Entertainment16 hours ago

“My dad cut me off all financial support after I got pregnant in college” – Actress, Adunni Ade reveals

Business News21 hours ago

Stanbic IBTC Capital Assures Clients More Innovative Solutions

Metro15 hours ago

Kim Jong Un bans leather coats to stop citizen copying his look

Politics15 hours ago

JUST IN: ‘Buhari’s controversial tweet on Biafra wasn’t a threat’ – Presidency

News23 hours ago

Amotekun rescues Fulani abducted by kinsmen, arrests one in Ondo

News21 hours ago

Court sentences four-year-old’s kidnapper to death in Akwa Ibom

Local21 hours ago

CBN gives N30 million to six students

Trending