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Buhari snubs free trade agreement, says it must fairly and equitably represent the interest of Nigeria

Nigeria’s President Muhammadu Buhari has made it clear that he will not be part of signing the framework agreement for establishing the African Continental Free Trade Area (ACFTA) following protests by major labour unions, which warned that the deal would harm the local economy.

The country’s foreign ministry spokesman said in a statement Sunday night that President Muhammadu Buhari has cancelled his trip to the Rwandan capital Kigali, where African heads of state were scheduled to ink the agreement this week.

According to Mr Buhari any African Free trade agreement must fairly and equitably represent the interest of Nigeria.

He has been sharing his reasons on twitter.

The Ugandan President Yoweri Museveni has unexpectedly called off his trip to Kigali as well and will not be part of signing the deal.

The Free Trade Area is one of the flagship projects of Agenda 2063 and aims to deepen the integration process, by allowing Africans to trade and move freely across the continent.

The project is being driven forward along with other key related initiatives such as the Single African Air Transport Market and the Protocol on Free Movement of Persons and the African Passport.

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