President Buhari
Under the Economic Community of West Africa (ECOWAS) Trade Liberalization Scheme (ETLS), the Federal government of Nigeria alone Accounts for 60-70 per cent of products with over 2,400 companies and over 6,900 products.
This was stated by the Minister of State for Foreign Affairs, Zubairu Dada on Thursday while declaring open a Consultative Workshop of ECOWAS Post 2020 Vision and how the new vision 2020 will reflect the interests of Nigeria.
According to him, under the ETLS, the region has eliminated over 95 per cent of trade barriers along the border of member States.
He also noted that presently Nigeria has over 2,400 companies, with over 6,900 products under the scheme. Nigeria alone accounts for 60-70 per cent of the products under ETLS.
He further noted that as the December 2020 deadline for the ECOWAS Vision 2020 approaches, the response to the many persistent challenges facing the region becomes imperative.
He said ECOWAS has established a road map to come up with a post 2020 Vision for the Sub-region.
He further stated that the achievements recorded by the region in the past year include: Positive developments in several West African countries including continued efforts being made to carry out political, constitutional and security sector reforms to improve good governance and democracy.
