Buhari inaugurates committee on AFCTA, fires back at Obasanjo, others
President
Muhammadu Buhari on Monday inaugurated the Presidential Committee for Impact
and Readiness Assessment of the African Continental Free Trade Area (AFCTA).
At the event
at the Presidential Villa, Abuja, Buhari said that Nigeria would not sign any
treaty without assessing its impact on the lives of its citizens.
His comment
might be in response to critics, including former President Olusegun Obasanjo.
The
president said Nigeria would henceforth take its time to breakaway from the
past practice, where treaties were signed without making the needed positive
gains for the country.
The
Presidential Committee has the Minister of Industry as its Chairman, with the
Chief of Staff to the President as Co-Chairman.
Buhari said: “We are determined to breakaway from the past practice of committing Nigeria to treaties without a definite implementation plan to actualise the expected benefit while mitigating the risks.
“We cannot go back to the days of signing agreements without understanding and planning for the consequences of such actions and our country being the worst for it.
Buhari said: “We are determined to breakaway from the past practice of committing Nigeria to treaties without a definite implementation plan to actualise the expected benefit while mitigating the risks.
“We cannot go back to the days of signing agreements without understanding and planning for the consequences of such actions and our country being the worst for it.
“Few months
ago I directed a nationwide stakeholders’ engagement on the Africa Free Trade
Continental Area Agreement to understand the true impact of this agreement on
Nigeria and Nigerians, considering the existing domestic and regional policies
as it relates to trade.’’
Buhari, therefore, charged the committee to concentrate on the issues raised during the nationwide consultations in order to find lasting solutions to them.
Buhari, therefore, charged the committee to concentrate on the issues raised during the nationwide consultations in order to find lasting solutions to them.
“Your task
as members of the Impact and Readiness Assessment of the African Continental
Free Trade Area Committee is to address the issues raised during the
stakeholders’ consultations on the Africa Continental free trade Agreement.
“You are
expected to develop short, medium and long term measures that will address any
challenges arising therefrom,’’ he added.
The President further stated that Nigeria’s vision for intra-African trade was for a free movement of made in Africa goods, noting that Nigeria was the largest economy in Africa.
The President further stated that Nigeria’s vision for intra-African trade was for a free movement of made in Africa goods, noting that Nigeria was the largest economy in Africa.
He regretted
that for too long, the country’s domestic productive capabilities were
neglected in favour of imports.
According to
him, the Economic Recovery and Growth Plan introduced by the current
administration will help revive key job creating and import substitution
sectors like agriculture, mining and manufacturing.
Source:
http://dailypost.ng/2018/10/22/buhari-inaugurates-committee-afcta-fires-back-obasanjo-others/
Comments
Post a Comment