The European Union (EU) has
continued its push for Nigeria’s endorsement of the Economic Partnership
Agreement (EPA) stating that with globalisation, Nigeria cannot live in
isolation for the sake of its economy.
The propriety or otherwise
of Nigeria signing the EPA has pitched manufacturers and other members of the
Organised Private Sector (OPS) against the EU. Most of them are insisting that
signing the agreement as it is will hurt the manufacturing sector and the
economy.
At a dialogue session on
Nigeria International Trade Relations, organised by the Lagos Chamber of
Commerce & Industry (LCCI), Head of Trade & Economics at the EU to
Nigeria and West Africa Fillippo Amato said Nigeria has nothing to fear about
EPA.
He said the EU has shown
goodwill with the release of 12 million euros for the enhancement of the
National Quality Infrastructure, to improve quality, safety, integrity and
marketability of Nigerian goods and services.
He said smaller African
countries, such as Ghana, Rwanda,
Gambia, Cameroun, Mauritania and southern Africa, have signed on with improved
quality of production, while Nigeria with a large population has not.
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