AfCTA Agreement: Obasanjo Mocks Buhari, Says President’s Hands Too Weak To Sign

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Former President Olusegun Obasanjo says President Muhammadu Buhari’s hands were too weak to sign the African Free Trade Agreement (AfCTA).

He made the statement on Saturday while speaking at the Babacar Ndiaye lecture series in Bali, Indonesia.

Obasanjo said he hoped that Nigeria will soon have a president who will sign the agreement.

“Africa cannot overcome fears of trade wars till it achieves 50 percent intra-Africa trade,” he said at the ongoing World Bank Group/International Monetary Fund meetings.

“The AfCTA is a good idea and for Nigeria, hopefully, we will have a president that will be able to sign it because the one that is there now, his hands are too weak to sign.”

Nigeria was absent in March as leaders from 44 African countries signed the agreement to form a $2.5 trillion continental free-trade zone.

The Free-Trade Zone is the largest in the world since the creation of the World Trade Organisation in 1995.

Explaining its decision not to sign, the federal government had said a committee was reviewing the treaty and that it needs more input from stakeholders.

'Dotun Akintomide
'Dotun Akintomide
'Dotun Akintomide's journalism works intersect business, environment, politics and developmental issues. Among a number of local and international publications, his work has appeared in the New York Times. He's a winner of the National Youth Service Corps (NYSC) Award. Currently, the Online Editor at The New Diplomat, Akintomide has produced reports that uniquely spoke to Nigeria's experience on Climate Change issues. When Akintomide is not writing, volunteering or working on a media project, you can find him seeing beautiful sites like the sandy beaches that bedecked the Lagos coastline.

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