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1 day ago
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The Federal Government is taking strategic steps to align Nigeria’s digital trade policies with the African Continental Free Trade Area to enhance the country’s position in the continent’s digital economy.
At a stakeholders’ engagement held in Abuja on Thursday, officials reviewed and validated the draft National E-Commerce Policy and Strategy, a framework aimed at maximising economic opportunities through e-commerce and digital transactions.
The event was organised by the National Information Technology Development Agency in collaboration with the Federal Ministry of Communications, Innovation and Digital Economy, and the Federal Ministry of Industry, Trade and Investment.
Speaking at the forum, the Director-General of NITDA, Kashifu Inuwa, represented by Engr. Salisu Kaka, Director of the e-Government and Digital Economy Development Department, highlighted the transformative role of e-commerce in reshaping industries and fostering economic growth.
“The adoption of a well-structured e-commerce policy is crucial for Nigeria to fully leverage AfCFTA’s opportunities, enhance cross-border trade, and drive national development,” Kaka said in a statement.
The initiative aligns with President Bola Tinubu’s Renewed Hope Agenda, which prioritises digital innovation and economic expansion through technology-driven solutions.
Nigeria, Africa’s largest economy, is looking to strengthen its digital trade framework to boost participation in AfCFTA, which seeks to create a single market for goods and services across 54 African countries.
The reviewed e-commerce policy is expected to address regulatory challenges, improve digital payment systems, and enhance cybersecurity measures to facilitate seamless transactions within the region.
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