• Hausa Edition
  • Podcast
  • Conferences
  • LeVogue Magazine
  • Business News
  • Print Advert Rates
  • Online Advert Rates
  • Contact Us
Monday, November 10, 2025
Leadership Newspapers
Read in Hausa
  • Home
  • News
  • Politics
  • Business
  • Sport
    • Football
  • Health
  • Entertainment
  • Education
  • Opinion
    • Editorial
    • Columns
  • Others
    • LeVogue Magazine
    • Conferences
    • National Economy
  • Contact Us
No Result
View All Result
  • Home
  • News
  • Politics
  • Business
  • Sport
    • Football
  • Health
  • Entertainment
  • Education
  • Opinion
    • Editorial
    • Columns
  • Others
    • LeVogue Magazine
    • Conferences
    • National Economy
  • Contact Us
No Result
View All Result
Leadership Newspapers
No Result
View All Result

FG Urges ARSO To Boost AfCFTA Implementation

by Kingsley Alu
1 year ago
in Business
ARSO
Share on WhatsAppShare on FacebookShare on XTelegram

The federal government has called on participants at the ongoing 30th African Organization for Standardization (ARSO) General Assembly being hosted by the Standards Organization of Nigeria (SON) in Abuja, to harness the opportunity to generate greater political commitment and strategic partnerships. This is aimed at accelerating the effective implementation of the African Continental Free Trade Area (AfCFTA) and advancing the African Union’s 2024 Year of Education initiative, based on the Continental Education Strategy for Africa (CESA) 2016-2025.

Advertisement

Minister of Industry, Trade, and Investment, Dr Doris Uzoka-Anite, delivered this charge in her opening address at the event themed: “Educate an African Fit for the 21st Century – Building a Quality Culture – One Market, One Standard.”

The minister highlighted the importance of understanding standards and standards-related issues in policy-making, especially as the world moves towards artificial intelligence for faster development. She emphasised that robust synergy and collaboration among African nations and ARSO member states are crucial to implementing the AfCFTA Agreement, particularly in enhancing a Common Regulatory Framework.

Advertisement

Uzoka-Anite noted that the AfCFTA could stimulate intra-African trade by up to $35 billion per year, boost agricultural and industrial exports, and significantly increase GDP and consumer spending, potentially lifting millions out of poverty. However, she pointed out that intra-African trade has faced obstacles such as weak productive capacities, tariff-related trade costs, and high non-tariff trade costs.

“Distinguished delegates, it may also interest you to know that AfCFTA could stimulate intra-African trade by up to $35 billion per year, boost agriculture and industrial exports by up to $4 billion (7%) and USD 21 billion (5%) respectively and stimulate a GDP rise from $1.7 trillion (2010) to $2.6 trillion (2020) thereby pushing up consumer spending from $860 billion (2010) to $1.4 trillion (2020) and thus potentially lifting millions out of poverty (McKinsey),” she said.

The minister stressed the need to focus on Africa’s regional value chains and the competitiveness of Made-in-Africa products, aiming for export-oriented manufacturing, value addition, and quality infrastructure to boost intra-African trade and industrialisation.

RELATED NEWS

Vitafoam’s Pre-tax Profit Surges 1,751% On Operational Cost Reduction

AIICO Insurance Revenue Rises To N99.8bn In 9 Months

After N2.83trn Loss, Analysts See Stock Market Staying Cautious This Week

Federal Govt Moves To Strengthen Policy Synergy With Private Sector

She reaffirmed the ministry’s commitment to repositioning the Nigerian economy for sustainable growth, aligning with President Bola Ahmed Tinubu’s Renewed Hope Agenda, and underscored the importance of standardisation in achieving this vision.

“To realise this vision, we must embrace standardisation as: “Standards set Good International Best Practices in every sector of Life,” which, if strictly adhered to, could promote productivity, trade and ensures predictability, transparency, openness, and as well as a basis for technical regulations,” she stated.

Director-general of the Standards Organisation of Nigeria (SON), Dr. Ifeanyi Okeke, echoed the minister’s sentiments, stating that the current Nigerian administration’s comprehensive educational roadmap focuses on increasing access to quality education, improving infrastructure, and investing in teachers.

He emphasised that standardisation fosters a quality culture that ensures products and services meet international benchmarks, enhances competitiveness, and facilitates trade.

Okeke urged the Assembly to re-commit to the CESA 2016-2025 strategy, addressing educational deficits with innovative approaches and available technologies. He highlighted the African Union’s declaration of 2024 as the “Year of Education,” calling on all governments to ensure inclusive, equitable, and quality education for all.

He described the Assembly as a call to action for policymakers, educators, industry leaders, and stakeholders to unite in fostering a resilient, inclusive, and quality-driven education system, ultimately nurturing a generation of Africans fit for the 21st century and beyond.

Join Our WhatsApp Channel


SendShareTweetShare

OTHER NEWS UPDATES

Vitafoam’s Pre-tax Profit Surges 1,751% On Operational Cost Reduction
Business

Vitafoam’s Pre-tax Profit Surges 1,751% On Operational Cost Reduction

9 hours ago
AIICO Insurance Explores Potentials Of Women
Business

AIICO Insurance Revenue Rises To N99.8bn In 9 Months

10 hours ago
Bear Resurfaces As Equities Investors Lose N639bn
Business

After N2.83trn Loss, Analysts See Stock Market Staying Cautious This Week

10 hours ago
Advertisement
Leadership join WhatsApp

LATEST UPDATE

NDLEA Nabs 39 Suspected Drug Traffickers In Edo

2 minutes ago

Not Every Youth With Laptop Computer, Crypto Wallet Is A Fraudster – Reps

7 minutes ago

Oyo Plans Digital Approval For Building, Survey Plans

12 minutes ago

Bandits Abduct 4 Nursing Mothers, Rustle 50 Cows In Kano Community

15 minutes ago

Federal Civil Service Goes Fully Paperless December 31

18 minutes ago
Load More

© 2025 Leadership Media Group - All Rights Reserved.

No Result
View All Result
  • Home
  • News
  • Politics
  • Business
  • Sport
    • Football
  • Health
  • Entertainment
  • Education
  • Opinion
    • Editorial
    • Columns
  • Others
    • LeVogue Magazine
    • Conferences
    • National Economy
  • Contact Us

© 2025 Leadership Media Group - All Rights Reserved.