Lagos State Charts Path To Trade Dominance In Africa

In a bid to solidify Lagos State’s position as a leading hub for commerce and trade in Africa, the Honourable Commissioner for Commerce, Cooperatives, Trade, and Investment, Mrs Folashade Ambrose-Medebem, chaired a strategic meeting with the Lagos State Technical Working Group on the African Continental Free Trade Area (AfCFTA).

The meeting, held in the company of the Permanent Secretary, Dr. Olugbemiga Aina, underscored Lagos’ commitment to leveraging AfCFTA as a transformative tool for economic growth, job creation, and regional integration.

The Commissioner described AfCFTA as the future of trade in Lagos, emphasizing that the State’s proactive approach is aimed at positioning Lagos as a leader in Africa’s trade revolution.

Her words: “With a deliberate focus on building capacity, fostering innovation, and ensuring standardisation, Lagos is set to unlock the immense potential of AfCFTA.”

The deliberations focused on a shared vision: fostering intra-African trade by Africans and ensuring Lagos leads the charge in this ambitious continental trade agenda.

The Technical Working Group’s roadmap signals a bold step toward an integrated and prosperous Africa, with Lagos at the helm of this transformative journey. As the State harmonizes its trade strategy, businesses and entrepreneurs are poised to reap the benefits of an interconnected African market, boosting Lagos’ economy and creating new opportunities for its people.