The African Public Relations Association (APRA) has commended President of the Federal Republic of Nigeria, HE Muhammadu Buhari on signing the African Continental Free Trade Area (CFTA) treaty at the just concluded 35th ordinary session of the African Union (AU) Summit held in Niamey, Niger last week.
Speaking on behalf of the association, the APRA President, Mr Yomi Badejo-Okusanya expressed theirenthusiasm on this new development and how it aligns with one of APRA’s key intervention areas; Promoting Economic Integration in Africa. He further added that ‘this achievement by the African Union to have gotten 54 out of 55 countries to sign the CFTA agreementconfirms that Africa is on the threshold of economic growth which will attract investments contributing to other areas of development in the continent’. As APRA continues to builds its relationship with the African Union Commission, a lot will be achieved with the commencement of CFTA in 2020, he said.
President Muhammadu Buhari while signing the treaty stated that ‘Africa Needs not only a trade policy but also a continental manufacturing agenda. Our vision for intra-african trade is for the free movement of “Made in Africa goods”.
Mr Yomi Badejo-Okusanya also congratulated the President, HE Nana Akufuo Addo and Citizens of the Republic of Ghana on the endorsement to host the Secretariat of CFTA. ‘’Thisis no coincidence that APRA will host its 32nd annual conference in Ghana May 2020 two months before the commencement of trading within the CFTA’’ he added.
Nigeria became the 54th country out of 55 in Africa to sign the CFTA Agreement while Eritrea remains the only country yet to sign.