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Friday 18 June 2021
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Nigeria Validates the African Union Report on Banking Services in Nigeria

The one-day workshop for the validation of the report on banking services and Continental Free Trade Area (CFTA) Consultation ended today in Abuja, Nigeria. The objective was to bring together various stakeholders in the Banking Services Sector to review the findings of the draft report and contribute to its finalization. The workshop was also an opportunity to consult on the state of implementation of the Action Plan for Boosting Intra African Trade (BIAT) and Preparations for the CFTA Negotiations in Nigeria. It was co-organized by the Department of Trade and Industry of the African Union Commission and the Federal Ministry of Industry, Trade and Investment of the Federal Republic of Nigeria

Representing the Trade and Industry Directorate of the African Union Commission, Mr. Nadir Merah, Head of Trade Division, expressed his sincere thanks and appreciation to the Government of the Federal Republic of Nigeria for the excellent partnership and unreserved support in conducting the study on Banking Services in Nigeria and organizing the workshop. He commended the Government for the steps taken towards preparation for the Continental Free Trade Area (CFTA) Negotiations and for the successful efforts towards diversification of the economy especially in development of the success sector. Special appreciation was extended to the Joint Europe- Africa Support Mechanism (JEAS-SM) for the financial support in conducting of the study.

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