" ITREALMS: AfCFTA
Showing posts with label AfCFTA. Show all posts
Showing posts with label AfCFTA. Show all posts

Wednesday, September 24, 2025

Nigeria at crossroads of AfCFTA by Remmy Nweke - Telecoms Clinic@ITREALMS

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Nigeria’s AfCFTA journey stalls at borders and ports. In this edition of Telecoms Clinic@ITREALMS, REMMY NWEKE spotlights delays, bribes, and weak infrastructure trapping traders, exposing the gulf between continental ambition and daily reality.
Nigeria at crossroads of AfCFTA by Remmy Nweke - ITREALMS
Introduction:
On a humid morning at the Seme border, truck drivers wait in queues that snake for kilometers, their cargo stranded by customs checks, levies, and unexplained delays. Among them is 42-year-old rice trader, Chidi Nwosu, who resides in Ogun State.

Sunday, September 21, 2025

Nigeria at crossroads of AfCFTA by Remmy Nweke - ITREALMS

Features@ITREALMS ... making leadership SENSE with digital news!


Introduction:
On a humid morning at the Seme border, truck drivers wait in queues that snake for kilometers, their cargo stranded by customs checks, levies, and unexplained delays. Among them is 42-year-old rice trader, Chidi Nwosu, who resides in Ogun State.
Nigeria at crossroads of AfCFTA by Remmy Nweke - ITREALMS
His plan was simple: ferry bags of rice to Cotonou and return with fertilizer for the next planting season. What should have been a four-hour trip often stretches into three days. For Chidi, the promise of the African Continental Free Trade Area (AfCFTA), a borderless market of 1.4 billion people, remains more aspiration than reality.

Converting weight into trade influence:
Nigeria entered AfCFTA in 2019 after months of hesitation. Advocates hailed the move as a chance for Africa’s largest economy to dominate regional trade, diversify away from oil dependence, and access a market worth over US$3.4 trillion.
Nigeria at crossroads of AfCFTA by Remmy Nweke - ITREALMS
But years later, the numbers tell another story. Nigeria’s exports to Africa remain low, dwarfed by South Africa’s diversified output and even by Ghana’s smoother AfCFTA implementation. While Nigeria controls the continent’s largest population, it has yet to convert that weight into meaningful trade influence.

The gap is most evident among smallholders and entrepreneurs. In Kwara State, a cooperative of women who produce shea butter receives regular inquiries from Ghanaian retailers. Yet their dream of expansion is stalled by certification bottlenecks and poor logistics. 

In Kogi, cashew farmers complain that moving produce to Apapa port costs nearly as much as growing it, thanks to bad roads and congestion. Across the agro value chain , from cocoa and rice to sesame and fishery products , Nigeria’s potential under AfCFTA remains vast but untapped.
Nigeria at crossroads of AfCFTA by Remmy Nweke - ITREALMS
Multiple checkpoints as barriers:
The barriers are as much political as they are logistical. Traders describe a gauntlet of checkpoints where bribes are the only language understood. Border closures, such as the one imposed between 2019 and 2020 ostensibly to curb smuggling, crippled thousands of small businesses while leaving AfCFTA’s spirit in limbo.

At Apapa, containers pile up for weeks as exporters wait for clearance. Policy inconsistency has only deepened the distrust. Sudden import bans and shifting tariffs confuse not just foreign partners but also Nigerian traders trying to plan their next move. Analysts estimate that Nigeria loses billions annually to these inefficiencies, eroding the very benefits AfCFTA was designed to unlock.
Nigeria at crossroads of AfCFTA by Remmy Nweke - ITREALMS
Weakening AfCFTA credibility:
In contrast, Ghana has moved faster, launching a comprehensive AfCFTA strategy, training SMEs, and digitizing customs. Morocco and Kenya, ITREALMS gathered, have carved niches as reliable exporters of manufactured goods, while Nigeria’s position remains fragile. Experts from World Trade Organisation (WTO), United Nations Trade and Development (UNCTAD), and Afreximbank warned that if Nigeria fails to lead, the credibility of the entire AfCFTA project is weakened. 

With Africa’s largest economy dragging its feet, the continental dream risks becoming a patchwork of uneven progress.

The human cost is visible in stories like Chidi’s. Every delayed trip means lost customers and wasted goods. In Lagos, textile exporters reportedly pay up to 40 percent more in logistics costs compared to their peers in Accra.

Informal traders, mostly women, at Idiroko or Jibia borders recount tales of harassment, intimidation, and confiscated wares. For them, AfCFTA is not an abstract policy but the difference between survival and collapse.

Railways with critical gap:
Yet signs of hope are emerging. Ongoing rail rehabilitation from Lagos to Kano, with eventual links to Niger Republic, could reduce road dependence. The Nigerian Export Promotion Council has stepped up training for SMEs, preparing them for cross-border trade with standardized documentation. Technology platforms are springing up to connect farmers directly with regional buyers, bypassing some of the bottlenecks.

Still, a critical gap remains: the South-East, Nigeria’s traditional hub of commerce and small-scale industry, remains conspicuously unconnected to the new rail blueprints. For a region whose traders dominate domestic distribution networks and whose entrepreneurs sustain export-facing clusters in Aba, Nnewi, and Onitsha, this omission carries real costs.

Without seamless rail integration, South-Eastern businesses are forced to rely on crumbling highways, higher logistics charges, and informal routes that weaken their competitiveness under AfCFTA.
Nigeria at crossroads of AfCFTA by Remmy Nweke - ITREALMS
Political will of inclusivity:
These sparks suggest that with the right political will, and with inclusivity in infrastructure planning, Nigeria could still reposition itself as AfCFTA’s anchor. Experts agreed on the road ahead.

Nigeria must modernize borders and ports, digitize customs processes, and align trade policies with AfCFTA protocols. Small and medium enterprises, especially women-led ventures, require targeted financing and export support. Without these reforms, Nigeria risks being sidelined in a market it helped to create.

Nigeria at crossroads of AfCFTA by Remmy Nweke - ITREALMS
Giant with feet of clay:
Nigeria today stands at a defining moment. Its size, population, and entrepreneurial base position it as the natural leader of Africa’s single market.

Thursday, September 11, 2025

Oyo launches AfCFTA implementation strategy Friday - ITREALMS

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... Says move will accelerate economic growth, boost livelihoods

The Oyo State Government will on Friday, September 12, 2025, launch its African Continental Free Trade Area (AfCFTA) Implementation Strategy, marking a historic milestone in Nigeria’s sub-national economic integration drive, reports ITREALMS.
Oyo launches AfCFTA implementation strategy Friday - ITREALMS
Governor ‘Seyi Makinde’s administration said the strategy reflects its commitment to expanding Oyo State’s economy, boosting trade opportunities, and improving livelihoods.

Thursday, February 15, 2024

AfCFTA: NCDMB advocates database skills, uniform standards for goods, services - ITREALMS

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As the implementation of the African Continental Free Trade Agreement (AfCFTA) unfolds, the Nigerian Content Development and Monitoring Board (NCDMB) has advocated the removal of visa restrictions among African nations, the creation of a database of available skills, and the simplification of cross border deployment of labour.
The Executive Secretary of the NCDMB, Engr. Felix Omatsola Ogbe made these recommendations in the keynote address he delivered on Monday in Lagos at the Nigerian Local Content AfCFTA Energy Summit organised by the Board in partnership with the Petroleum Technology Association of Nigeria (PETAN).

Tuesday, May 24, 2022

AfCFTA: Ajayi calls for full implementation to benefit all workers - ITREALMS

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The Chairman, Lagos State Council of the Nigeria Union of Journalists (NUJ), Mr. Adeleye Ajayi has called for the full implementation of the AfCFTA that is beneficial to all and sundry, especially the workers, reports 
ITREALMS.
Ajayi made this call in his opening speech at a one –day workshop on Challenges of African Continental Free Trade Agreement (AfCFTA) on Nigeria businesses at Lagos Airport on Tuesday.

Obi @UK Downing Street: Urges for functional AfCFTA - ITREALMS

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Frontline aspirant for the 2023 presidency in Nigeria and former Governor of Anambra State, Mr. Peter Obi, has described the problem with Nigeria as mostly economic, reports ITREALMS.
Peter Obi in London for Commonwealth Eminent Personalities meeting
Speaking on Monday in London, shortly after the meeting of selected persons among the Commonwealth countries with the Prime Minister of Britain, Mr. Boris Johnson, at his 10 Downing Street office, Obi disclosed that the meeting deliberated on trade and investment among Commonwealth countries.

Saturday, May 21, 2022

AfCFTA challenges: Lagos NUJ council to host stakeholders workshop - ITREALMS

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The Lagos State Council of the Nigerian Union of Journalists (NUJ) has concluded plans to host stakeholders on challenges of African Continental Free Trade Agreement (AfCFTA) on Tuesday May 24 in Lagos, reports ITREALMS.

Adeleye Ajayi, Lagos Council chairman NUJ
The workshop, ITREALMS gathered would hold at the Lagos Airport Hotel, Ikeja, Lagos State.