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Obasanjo Shades Buhari for Not Signing African Free Trade Agreement

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Former President Oluesegun Obasanjo has come for President Muhammadu Buhari after he said that the president’s hands are too weak to sign the African free trade agreement (AfCTA).

OkayNG.com recalls that the president has earlier come for Obasanjo after he declared his Former Vice President Atiku Abubakar as his candidate for 2019 Presidential Election.

The former president made the statement on Saturday while speaking at the Babacar Ndiaye lecture series in Bali, Indonesia.

Obasanjo said he hopes that Nigeria will soon have a president who will sign the agreement.

In his words;

“Africa cannot overcome fears of trade wars till it achieves 50 percent intra-Africa trade,” he said at the ongoing World Bank Group/International Monetary Fund meetings.

“The AfCTA is a good idea and for Nigeria, hopefully, we will have a president that will be able to sign it because the one that is there now, his hands are too weak to sign.”

Nigeria was absent in March as leaders from 44 African countries signed the agreement to form a $2.5 trillion continental free-trade zone.

The free-trade zone is the largest in the world since the creation of the World Trade Organisation in 1995.

Explaining its decision not to sign, the federal government had said a committee was reviewing the treaty and that it needs more input from stakeholders.

Read More News HERE

Source: OkayNG.com


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Farouk Mohammed
the authorFarouk Mohammed
Chief Editor
Farouk Mohammed is a Senior Editor at Okay Nigeria (OkayNG.com). He has been publishing for 5 years and focused more on Local/World News on OkayNG.com.

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