FG:Trade And Tariff Reforms Implementation Will  Boost Economic Stability 

The Federal Government is to boost economic stability and surpluses of the country through the trade and tariff reforms implementation.

President Bola Tinubu in a message through the Special Adviser on Media, Communication and Strategy, Chief Sunday Dare made this known at the launch of Oyo State Sub-National African Continental Free Trade Area Implementation Strategy held at International Conference Centre, University of Ibadan.

President Tinubu said the country was doing all within its power to return to the era when local farm products took the frontage of the African economy.

President Tinubu re- emphasized that trade and investment were pivotal in the drive to re-capture Africa’s economy , noting that the signed trade reforms, tariffs have been gazetted for implementation every five years.

The President lauded the Oyo state government for taking the lead among other states.

Reacting, the Acting Governor of Oyo State, Chief Adebayo Lawal said the strategy would assist the state to improve revenue from sectors like Agriculture,Manufacturing and Creative industry among others.

Also speaking,Special Adviser to Oyo State Governor on International Trade, Neo Theodore Tlhaselo said the strategy centres around five pillars to include ;productive capacity and value chain development,trade facilitation and infrastructure,the market access and export readiness,finance and investment mobilization and the institutional framework, monitoring and evaluation.

In separate remarks,High Commissioners from Sierra Leone, and Rwanda to Nigeria disclosed their intentions to partner Oyo state.