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Obaseki urges manufacturers to exploit AfCFTA to boost capacity

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Obaseki. Photo: TWITTER/GOVERNOROBASEKI

The Edo State Governor, Mr. Godwin Obaseki, has urged manufacturers and youths to exploit opportunities offered by the Africa Continental Free Trade Agreement (AfCFTA) to create wealth and boost the country’s economy.
    
In a statement, Obaseki applauded the commencement of AfCFTA’s implementation, describing it as a milestone in boosting Africa’s economy amidst the coronavirus (COVID-19) pandemic and other challenges. 
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He said that his administration would continue to assist local manufacturers and youths in the state with capacity-building programs, conducive work environment, and other incentives to make them competitive and position them to reap the benefits of the regional trade agreement.
    
The governor said: “We are encouraging creative young talents and local manufacturers in Edo State to tap from the offerings of the AfCFTA. We are expanding capacity at the Edo Production Centre and the Edo Innovation Hub so that we can build an army of productive young people to grab the opportunities offered. 
  
“We have success stories from these facilities. We have already initiated the Edo Tech Park project as another veritable launchpad. We are confident that these initiatives will empower our people to create wealth and employment opportunities to improve the state’s Gross Domestic Product (GDP).
   
“We are not relenting in providing support for individuals and groups to export their products and services and participate in the new continental trading agreement.”
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