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Research Document: Effects of the AfCFTA on the Nigerian Agricultural Sector


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Posted Fri, Dec 20, 2019 12:03 PM

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The framework agreement for the establishment of the AfCFTA was endorsed
by 44 African countries in Kigali, Rwanda on 21 March, 2018. On July 8, 2019,
Nigeria signed up to the AfCFTA framework Agreement. One main objective
of the AfCFTA is to create a single continental market for goods and services
across Africa. While stakeholders in Nigeria have expressed concerns that
the agreement will have negative consequences on the economy, others
have echoed optimism and highlighted potential benefits for Nigeria, if the
agreement is well implemented. This policy brief examines the implications
of the AfCFTA agreement on the agricultural sector in Nigeria and provides
recommendations on how the Nigerian government can maximise the
benefits of the agreement and minimise associated costs.

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All text, graphics, audio files, code, downloadable material, and other works on this web site are the copyrighted works of the Nigerian Economic Summit Group (NESG).