AfCFTA: WHY IS NIGERIA HESISTANT ?
Nigeria is the most populous Country in Africa with current population estimated at about 194 million growing at about 2.6% per annum. It is said that every one of Four black People in the World is a Nigerian.With an estimated GDP of $405 billion Nigeria is still the largest economy in Africa in spite of its recently ended descent to economic recession. So with the largest population and largest economy, it is natural that Africa expects leadership from Nigeria. The discussions for the conversion of the African Union (AU) into a common economic zone like the European Union (EU) had been going on since 2012 and actually intensified since 2015. Nigeria's current Minister of Industry, Trade and investment, Dr Okechukwu Enalamah was the Chairman of the African Ministers of Trade (AMOT) that signed off the legal instruments establishing the African Continental Free Trade Area (AfCFTA) , thereby paving the way for the Heads of States and Governments to gather in Kigali Rwanda l