The Federal Government has reaffirmed its commitment to accelerating export-led growth under the African Continental Free Trade Area (AfCFTA) framework with the introduction of a $1 billion AfCFTA Adjustment Fund Credit Facility designed to enhance production capacity, improve competitiveness, and expand intra-African trade.
Speaking at the 2nd Quarter 2026 meeting of the AfCFTA Central Coordination Committee held on Tuesday in Abuja, Jumoke Oduwole, Minister of Industry, Trade and Investment, said the financing window represents a major opportunity for Nigerian businesses seeking to scale operations and access wider African markets.
This was disclosed in a statement signed by Obilor -Duru Augustina Okechi, Head Press & PR, FMITI.
She explained that while Nigeria has made significant progress in implementing AfCFTA protocols, many businesses continue to face challenges, including export documentation, certification requirements, standards compliance, and market access barriers.
According to her, the Federal Government is addressing these constraints through enhanced trade facilitation
This post was originally published on this site.
