Economics

Nigeria to Sign African Free-Trade Pact at AU Meeting in Niger

  • Buhari received report from committee on whether to sign up
  • Nigeria will secure safeguards against dumping: Presidency

People ride on a boat past A.P. Moeller-Maersk branded shipping containers in Lagos.

Photographer: George Osodi/Bloomberg
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Nigeria will sign a continental free-trade deal at an extraordinary summit of the African Union this weekend, bringing the duty-free movement of goods in the region a step closer.

The economy of Africa’s most-populous nation vies with South Africa to be the continent’s biggest and signing up clears a hurdle in the implementation of the African Continental Free-Trade Agreement. President Muhammadu Buhari last week received a report urging him to sign the deal from a committee set up to consider whether the country should join.