Nigeria Positioned as Hub for AfCFTA's $3.4 Trillion Market
Vice President Kashim Shettima stated that Nigeria is the natural hub for the African Continental Free Trade Area's (AfCFTA) $3.4 trillion market.
Shettima cited Nigeria's sovereign rating by platforms like Fitch and Moody's as part of the reasons at the Roundtable hosted by the Business Council for International Understanding (BCIU) in New York City.
According to Shettima, "In April, Fitch upgraded Nigeria's sovereign rating to B with a stable outlook, and Moody's lifted its issuer rating to B3 with a stable outlook.
The Vice President made this statement at the Roundtable with the theme "Risk, Reform, Return," held on the margins of the 80th Session of the United Nations General Assembly.
Author's summary: Nigeria is a hub for AfCFTA's market.