*The AfCFTA Imperative: A Critical Examination of Nigeria's Preparedness*

By Lod Onyeji

The African Continental Free Trade Area (AfCFTA) presents a monumental opportunity for Nigeria's economic growth and development. However, a recent bulletin from the Sea Empowerment and Research Centre (SEREC) raises critical questions about the government's preparedness and transparency in implementing the agreement. The lack of information dissemination to stakeholders in the transport, maritime, and trade industries is a pressing concern that warrants scrutiny.

The AfCFTA's ambitious goals, including eliminating tariffs and non-tariff barriers, simplifying customs procedures, and promoting investment and competition policy, are commendable. However, the implementation challenges are significant. The specialized African transport ministers' meeting has made key resolutions, including developing transport infrastructure to aid AfCFTA implementation and addressing poor infrastructure that contributes to higher transportation costs.

The Ministers for Trade, Transport, Marine, and Blue Economy must be held accountable for their roles in implementing the AfCFTA. Specifically, they must provide clear answers to the questions posed by SEREC, including the direct impact of PIDA-PAP1 & 2 projects on Nigeria and the policy framework in place to fast-track the creation of an enabling environment for private sector and public-private partnerships.

The SEREC's call to action for Nigerian stakeholders is well-timed. Demanding greater transparency and information dissemination from the AfCFTA Implementation Secretariat is crucial to ensuring that stakeholders are carried along in the implementation process. Furthermore, the government must harmonize strategies, strengthen cooperation, and accelerate project implementation to reap the benefits of the AfCFTA.

To move forward, the Nigerian government must prioritize transparency, accountability, and effective implementation. Designating a national correspondence desk for effective coverage of AfCFTA-related activities and developing a national policy framework to fast-track the creation of an enabling environment for private sector and public-private partnerships are essential steps.

Ultimately, the success of the AfCFTA in Nigeria depends on the government's ability to address these challenges and work collaboratively with stakeholders. As the country navigates the complexities of the agreement, it is imperative that the government prioritizes the needs of its citizens and ensures that Nigeria benefits from the AfCFTA and achieves its development goals.

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