Nigeria incurs losses as Chinese vessels hijack AfCFTA trade

Tribune Online
Nigeria incurs losses as Chinese vessels hijack AfCFTA trade

INDIGENOUS ship owners in Nigeria have raised the alarm that Nigeria is currently losing billions in revenue to capital flight due to the dominance of the nation’s African Continental Free Trade Area (AfCFTA) agreement by foreign vessels, especially Chinese-owned vessels. Recall that Nigeria in July 2024 launched its first shipment under AfCFTA when ten exporters […]

Nigeria incurs losses as Chinese vessels hijack AfCFTA trade
Tribune Online