Nigeria News App

Join NN App My Account
Stats: 297 members, 1,628 topics. Date:   Thu, 13 2018 at 07:12 am
For more please contact us @

Nigerian News

FrontPage Forum Must Read Latest Posts Breaking News Entertainment Politics Business Economy Sports Romance General Hausa News
Trending : Buhari 2019 Peace Atiku Lagos Suspected Presidency
Join NN App Earn by reading news Sign in My earnings Invite friends Income record How it works FAQ Testimonial Income support Today offer

I am not against signing AfCFTA – Dangote

By - - [Economy ]

Africa’s richest man, Aliko Dangote, has said he is not the one preventing the Federal Government from signing the Africa Continental Free Trade Agreement.

Alhaji Dangote made the clarification while speaking in a panel session at the just concluded Africa Trade forum held in Lagos and sponsored by the African Union, the United Nations Economic Commission for Africa and the Rockefeller Foundation.

Dangote said: “I was in another forum recently and when the Ghanaian president was asked why the AfCFTA has not been signed by Nigeria and he pointed at me, he said they should ask me.

“We as Dangote will benefit the most because we are into production of petroleum, petrochemicals, cement and fertiliser, so nobody in Africa will benefit more than Dangote,” he stated.

He argued that Nigeria is not against the AfCFTA either, pointing out that the regional economic block needs to function properly before a continent wide agreement can prosper.

“We created the Economic Community of West African States in 1975, but today, it is not working. To take our cement to Ghana today, we pay 38 taxes: 13 in Benin Republic, 15 in Togo and 10 in Ghana. These increase our cost by 28 per cent,” Dangote said.

He decried the neglect of critical stakeholders in other African countries in the build up to the signing of the agreement.

Like .

Others are reading

9 Comments Nigeria News
Lurdharry• a month ago
Deeone• a month ago
Multi billionaire man
Lafeeze53• a month ago
wonder shall never end
Olite1996• a month ago
where are supporters
iammicharles• a month ago
Raymond• a month ago
Nice one
Iyamahsolomon• a month ago
innkayobami• a month ago
Who's against it then?
Abidoun• a month ago

(Go Up)

Have a news to share? Contact Email:

NIGERIA NEWS APP ( is a website owned by IAR (IJMBway Alevel Registraion) a registered company that pays you for reading news, commenting on every news, sharing our ads on Twitter/ Facebook, inviting friends & family and logging daily. You can make upto ₦200,000 just by inviting people to read Latest Nigerian News & Breaking News in Nigeria. Register today with ₦1,600 to become a member.

© 2018 - Nigerian News App.