Economy

AfCFTA: African nations with better market intelligence will win big – Experts

Access Bank
Speakers at the Issuers and Investors Alternative Dispute Resolution (IIADRI) 4th Annual symposium which held in Lagos Tuesday are agreed that African countries with better market intelligence are in advantageous position to take opportunities offered by African Continent Free Trade Agreement (AfCFTA).
According to them for Nigerian companies to benefit maximally from the trade agreement they should develop effective market intelligence gathering capacities and up their manufacturing ability in order to succeed.
The speakers include  Lagos Chamber of Commerce and Industry (LCCI), Director General,Dr Chinyere Almona, who was represented by Mr Sunday Michael (Director Research), KPMG’s Managing Partner, Olufemi Babem,The Executive Secretary/CEO, Nigerian Investment Promotion Council (NIPC) Emeka Offer represented by Mrs Ajuma Okala (Director Legal Services)
Others include Managing Partner, UHY Manji Consulting, Gabriel Idahosa, Director-General of Manufacturers Association of Nigeria(MAN), Segun Ajayi-Kadire, Dr Ezra Yakusak, the Executive Director/Chief Executive Officer of Nigeria Export Promotion Council (NEPC), Ambassador Ayoola Olukanni,
Mrs Okala is her speech said NIPC is making effort to ensure that dispute resolution issues are metigated in the whole interest of the agreement,saying her agency’s one stop shop was initiated to accelerate trade between Nigerian companies and others as well as encourage investment.
Mr Idahoha praised the efforts being made by NEPC and NIPC stressing that their efforts in retraining Small and medium companies to tap opportunities in export are commendable.
In her paper LCCI Director-General asked Nigerian operators to expose themselves to international business opportunities and trade fairs in their overal interest,even as she urged them to join groups like the LCCI so that they can learn vital things in the export market.
Mr Moses Igbrude of IIADRI in his welcome address said the theme of the symposium was chosen to address the numerous complaints raised by corporate organizations on the AfCFTA agreement and find ways of putting every body on the same page for better result

 

 



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