ABUJA, July 3 (Xinhua) -- Nigeria will sign the African Continental Free Trade Area (AfCFTA) agreement at the upcoming Extraordinary Summit of the African Union (AU) in Niamey, Niger, the presidency announced late on Tuesday.
The presidency's statement released on twitter said Nigeria is signing the AfCFTA Agreement after extensive domestic consultations, and "is focused on taking advantage of ongoing negotiations to secure the necessary safeguards against smuggling, dumping and other risks/threats".
The 12th extraordinary summit on AfCFTA is scheduled to be held on Sunday, according to information on AU's website.
"Our vision for intra-African trade is for the free movement of Made-in-Africa goods," said the statement quoting an earlier remark by Nigerian President Muhammadu Buhari.
A presidential committee, appointed by Buhari in March on impact and readiness assessment of the treaty, recommended in a report presenting to the president last week that Nigeria sign the agreement.