{"id":64285,"date":"2018-10-26T19:54:20","date_gmt":"2018-10-26T18:54:20","guid":{"rendered":"http:\/\/pointblanknews.com\/pbn\/?p=64285"},"modified":"2018-10-26T19:54:20","modified_gmt":"2018-10-26T18:54:20","slug":"afcfta-i-cannot-sign-agreements-for-nigeria-without-understanding-buhari","status":"publish","type":"post","link":"https:\/\/pointblanknews.com\/pbn\/exclusive\/afcfta-i-cannot-sign-agreements-for-nigeria-without-understanding-buhari\/","title":{"rendered":"AFCFTA: I Cannot Sign Agreements For Nigeria Without Understanding-Buhari"},"content":{"rendered":"<div id=\"m-4261031945019246485\" class=\"mail-message expanded\">\n<div class=\"mail-message-header spacer\">\u2018\u2018Nigeria is too big and too diverse to blindly sign agreements without<\/div>\n<div class=\"mail-message-content collapsible zoom-normal  \">\n<div class=\"clear\">\n<p dir=\"ltr\">understanding the consequences of such actions,\u2019\u2019 President Muhammadu<br \/>\nBuhari said, Friday, in Abuja.<\/p>\n<p>President Buhari made the declaration when he received representatives of<br \/>\nthe Lagos Chamber of Commerce and Industry (LCCI) led by its president, Mr<br \/>\nBabatunde Ruwase, at the Presidential Villa.<\/p>\n<p>The President used the occasion of his audience with members of the LCCI<br \/>\nto shine more light on his decision to inaugurate a Presidential Committee<br \/>\nMonday this week to assess the potential costs and impact of the agreement<br \/>\nestablishing the\u00a0\u00a0 African Continental Free Trade Area (AfCFTA) for<br \/>\nNigeria.<\/p>\n<p>\u2018\u2018Nigeria is still assessing the impact of this agreement on its backward<br \/>\nintegration and import substitution policies.<\/p>\n<p>\u2018\u2018Specifically, the provisions on rules of origin and transhipment were<br \/>\nmatters of concern to us.<\/p>\n<p>\u2018\u2018Already, some of the treaties we are party to have been significantly<br \/>\nabused resulting in massive smuggling which has crippled many of our local<br \/>\nindustries and destroyed millions of jobs.<\/p>\n<p>\u2018\u2018To avoid these past mistakes, we conducted vast consultations across the<br \/>\ncountry in which the LCCI participated. The responses have been mixed,\u2019\u2019<br \/>\nthe President said.<\/p>\n<p>On the issue of the gridlock in Apapa, Lagos, President Buhari<br \/>\nacknowledged that the situation was a major concern to all.<\/p>\n<p>\u2018\u2018The work on Wharf road is in progress. We will continue to do our best<br \/>\nto expedite the repair works at the Ijora Bridge without compromising<br \/>\nquality.<\/p>\n<p>\u2018\u2018We have also directed the Nigerian Railway Corporation to use their<br \/>\ninfrastructure in the ports to support the evacuation efforts, thereby<br \/>\nfurther decongesting the area.<\/p>\n<p>\u2018\u2018Be assured that the completion of these projects is a major priority of<br \/>\nthis administration,\u2019\u2019 he said.<\/p>\n<p>Earlier in his remarks, Ruwase while commending the Federal Government for<br \/>\nthe series of Executive Orders focused on promoting the ease of doing<br \/>\nbusiness in the country, stressed the need to improve the regulatory<br \/>\nenvironment in the oil and gas industry.<\/p>\n<p>He, therefore, appealed to the executive arm of the government to<br \/>\nexpeditiously consider the Petroleum Industry Bill through appropriate<br \/>\ncollaborative actions with the National Assembly.<\/p>\n<p>The LCCI president also drew the attention of the President to the<br \/>\nnumerous abandoned Federal Government properties in Lagos and the economic<br \/>\nwaste it represents.<\/p>\n<p>He urged the Federal Government to either return the property to Lagos<br \/>\nState government which is the original owner of the land; or give them out<br \/>\non lease to the private sector.<\/p>\n<\/div>\n<\/div>\n<div class=\"mail-message-footer spacer collapsible\"><\/div>\n<\/div>\n<div id=\"conversation-footer\" class=\"spacer\"><\/div>\n<!-- AddThis Advanced Settings generic via filter on the_content --><!-- AddThis Share Buttons generic via filter on the_content --><!-- AddThis Related Posts generic via filter on the_content -->","protected":false},"excerpt":{"rendered":"<p>\u2018\u2018Nigeria is too big and too diverse to blindly sign agreements without understanding the consequences of such actions,\u2019\u2019 President Muhammadu Buhari said, Friday, in Abuja. President Buhari made the declaration&hellip;<!-- AddThis Advanced Settings generic via filter on wp_trim_excerpt --><!-- AddThis Share Buttons generic via filter on wp_trim_excerpt --><!-- AddThis Related Posts generic via filter on wp_trim_excerpt --><\/p>\n","protected":false},"author":1,"featured_media":62810,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_lmt_disableupdate":"","_lmt_disable":"","footnotes":""},"categories":[17],"tags":[],"class_list":["post-64285","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-exclusive"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v26.8 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>AFCFTA: I Cannot Sign Agreements For Nigeria Without Understanding-Buhari - Pointblank News<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/pointblanknews.com\/pbn\/exclusive\/afcfta-i-cannot-sign-agreements-for-nigeria-without-understanding-buhari\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"AFCFTA: I Cannot Sign Agreements For Nigeria Without Understanding-Buhari - Pointblank News\" \/>\n<meta property=\"og:description\" content=\"\u2018\u2018Nigeria is too big and too diverse to blindly sign agreements without understanding the consequences of such actions,\u2019\u2019 President Muhammadu Buhari said, Friday, in Abuja. 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