African Continental Free Trade Area

THE OXYMORON OF NIGERIA’S FAILURE TO SIGN THE AFRICAN CONTINENTAL FREE TRADE AREA TREATY. By GANI, Hossana Esq.

The motivation of a single, tariff free continent has featured on the minds of African leaders for a long time given the commonality of trade both historically and contemporaneously.  This idea has its roots in the Pan African ideals of the founding fathers of several African Nations who established the founding principles of a single African Continent of political and economic integration. This led to the Organisation of African Unity in 1963 up until the formation of Regional Economic Communities from the 1970s; the desire for closer integrated trade has dominated proceedings at several intergovernmental dialogues.