Nigeria says domestic consultation needed on Africa free trade agreement

AFRICAN HEADS OF STATES AND GOVERNMENTS DURING THE AFRICAN UNION SUMMIT FOR THE AGREEMENT TO ESTABLISH THE CONTINENTAL FREE TRADE AREA IN KIGALI, RWANDA, ON MARCH 21, 2018. AFP PHOTO  

By REUTERS

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Summary

• African leaders agreed to form a $3 trillion continental free-trade zone encompassing 1.2 billion people,
• Its biggest economy, Nigeria, and most-developed, South Africa, did not sign up.

Nigeria did not join an Africa free trade zone because more domestic consultation was needed before committing to such an agreement, the foreign minister said on Wednesday, according to the presidency’s Twitter feed.

African leaders agreed to form a $3 trillion continental free-trade zone encompassing 1.2 billion people, but its biggest economy, Nigeria, and most-developed, South Africa, did not sign up.

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