June 9, 2026
By Progress Godfrey
ABUJA – The Federal Government has launched a $1 billion African Continental Free Trade Area (AfCFTA) Adjustment Fund Credit Facility to boost local production and intra-African trade.
This initiative aims to improve the competitiveness of Nigerian businesses and accelerate the country’s export-led economic growth agenda across continental markets.
According to a press release issued by the Ministry of Industry, Trade and Investment, its Minister, Dr Jumoke Oduwole, spoke at a committee meeting in Abuja on Tuesday, emphasising that the financing window offers a major opportunity for local companies to expand and modernise operations.
