HomeBusinessFG unveils $1bn AfCFTA credit facility to boost Nigerian exports

FG unveils $1bn AfCFTA credit facility to boost Nigerian exports

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The Federal Government has reaffirmed its commitment to accelerating Nigeria’s export-led growth agenda under the African Continental Free Trade Area, unveiling opportunities for businesses to access a $1bn AfCFTA Adjustment Fund Credit Facility designed to boost production, competitiveness and intra-African trade.

The Minister of Industry, Trade and Investment, Jumoke Oduwole, disclosed this on Tuesday during the second quarter 2026 meeting of the AfCFTA Central Coordination Committee held in Abuja.

According to a statement issued by the ministry’s Head of Press and Public Relations, Obilor-Duru Okechi, Oduwole said the financing facility represented a major opportunity for Nigerian businesses seeking to expand operations, modernise production processes and increase exports to African markets.

The statement partly read, “‎The Federal Government has reaffirmed its commitment to accelerating Nigeria’s export-led growth agenda under the African Continental Free Trade Area, unveiling opportunities for businesses to access a US$1 billion AfCFTA Adjustment Fund Credit Facility aimed at

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