Tax Incubator with Deloitte (2)
On Saturday, The Tax Club OAU hosted Mr. Chijioke Odo, the Global Trade Advisory Lead at Deloitte. He facilitated a session on the African Continental Free Trade Agreement (AfCFTA).
The African Continental Free Trade Agreement.
The agreement establishing the Africa Continental Free Trade Area aims at creating a single African market, through progressive elimination of tariff and nontariff barriers to trade and investment.
I must say that while this agreement holds several benefits such as access to cross border goods and services, increasing innovation amongst others, its implementation comes with a barrage of challenges some of which are the insecurity challenge in a host of African countries and poor infrastructure.
Nigeria, however, must ensure that it puts in place the right regulatory and institutional frameworks to ensure we benefit from this agreement.
- Mosunmola Adefarati.