Nigeria slashes export costs to South Africa, Kenya, and Uganda by over 50%, details emerge

• The Nigerian authorities is present afloat onboard the commercialized beyond borders plan, and has opened the AfCFTA aerial corridor to 3 African countries
• This means that Nigerians tin export to these countries and entree a wider marketplace astatine reduced logistics costs
• The authorities has besides transmitted the ECOWAS Tariff Schedule for Trade successful Goods to the AfCFTA Secretariat, enabling zero duties connected 90% of goods connected the list

Legit.ng writer Ruth Okwumbu-Imafidon has implicit a decennary of acquisition successful concern reporting crossed integer and mainstream media.

Nigerians tin present export goods to different African countries astatine a highly reduced outgo arsenic the national authorities has launched the Africa Continental Free Trade Area (AfCFTA) aerial corridor.

This archetypal signifier targets 3 African markets, Kenya, Uganda, and South Africa, and Nigerian exporters volition present export to these countries astatine a cheaper rate.

The African Continental Free Trade Area (AfCFTA) was initiated to create a azygous African market wherever goods and services are traded crossed African countries with easiness and astatine reduced costs.

Nigerian exporters tin present merchantability to different African countries without worrying excessively overmuch astir logistics costs. Photo credit: Adam Gray, @joduwole connected X
Source: UGC

The motorboat of the AfCFTA aerial corridor reduces export logistics costs by much than half, according to the Minister of Industry, Trade and Investment, Dr. Jumoke Oduwole.

The tariff reductions are being implemented successful phases, with a 50% chopped by 2025, expected to scope afloat outgo elimination by 2030.

Export costs clang by 75%

Ms. Oduwole announced connected her authoritative X relationship that logistics costs would trim by betwixt 50% and 75% from Nigeria to immoderate of the 3 markets.

The aerial corridor volition run via Uganda Airlines, moving goods smoothly crossed African markets and yet eliminating proscription barriers.

The Monday morning station connected X read:

“We emblem disconnected a bold caller pathway connecting Nigerian goods to the AfCFTA marketplace done a strategical concern with Uganda Airlines. The caller aerial corridor volition supply Nigerian exporters with entree to 3 cardinal African hubs Uganda, Kenya, and South Africa with aerial cargo rates discounted betwixt 50-75% simplification successful logistics outgo (including regulatory charges).”

In an earlier station connected Sunday, Oduwole thanked the Ministry of Finance, the Comptroller General of Customs, and the FAAN CEO for the relation they played successful bringing the task to life

Nigeria gazettes AfCFTA tariffs, zero duties connected 90% of goods

The Minister besides announced that Nigerians can present get little export tariff rates arsenic the AfCFTA tariffs person been officially gazetted successful April 2025.

The post read;

“AfCFTA tariffs are present gazetted—unlocking little rates for Nigerian exporters. Kudos to the resilient businesses connected today’s inaugural flight—exporting textiles, bags, cosmetics, agro-products & more. This Administration stands with you arsenic you standard across.”

The authorities has besides transmitted the ECOWAS Tariff Schedule for Trade successful Goods to the AfCFTA Secretariat, allowing zero duties connected 90% of goods traded nether the agreement.

Cargoes person started moving to these countries done the Uganda Airline. Photo credit: @joduwole
Source: Twitter

In the archetypal instance, this simplification volition payment those who export textiles, cosmetics, and cultivation products, allowing Nigerians to determination goods to these countries and crossed the continent.

Uganga Air begins cargo question from Nigeria

In related news, Legit.ng reported that Uganda Air has begun to transport cargo from Nigeria to East and South Africa nether the caller arrangement.

The determination is to assistance Nigerian businesses transport their goods cheaply and timely mode nether the AfCFTA agreement.

The Minister of Industry, Trade and Investment, Jumoke Oduwole, announced that the work has started with the Lagos and Abuja airports but volition widen to others implicit time.

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Source: Legit.ng