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15.2.21

Nigerian rice, flour, sugar, cement, others on top free trade exemption list



Nigerian products such as cement, flour, rice, sugar and 180 other products would not be liberalised under the African Continental Free Trade Area (AfCFTA), even though doing otherwise would help the country tame its rising inflation, The Guardian learnt.
  
Sources familiar with the tariff lines in the schedule submitted to ECOWAS by Nigeria for negotiation revealed that while 131 products are already on the import prohibition list, the remaining products on the exclusive list were picked based on national priorities, trade volume, priority, food security and competitive advantage. While negotiations have almost been concluded on sugar exclusion, semi-milled or wholly milled rice, whether or not polished or glazed, flour (meal and powder), cocoyam flour and cement are products being protected by the country under the trade deal. A complete list of the tariff lines is expected to be released before the end of the month after consideration from the Tariff Technical Committee.
 





Read more details at Guardian



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