Appraisal of the Benefits and Barriers of the African Continental Free Trade Agreement: Implications for Nigeria's Export Strategies

Published: 22 February 2024| Version 1 | DOI: 10.17632/v9xwpbzb5h.1
Olasunkanmi Olusogo Olagunju,


This study critically evaluated the benefits of the African Continental Free Trade Agreement (AfCFTA) on economic growth in Nigeria. The study adopts qualitative method to assess the barriers of AfCFTA on Nigeria's export strategies. More so, it builds on inductive approach to appraise the measures of economic diversification on net exports of Nigeria. This study adopts institutional theory and macroeconomic principles to unveil that AfCFTA has significant benefits for Nigeria's export strategies. This study concludes that AfCFTA contains some benefits and barriers especially during national implementation phase. It recommends appropriate institutional measures to boost the benefits of this economic agreement in Nigeria.



University of Lagos, University of Oxford, University of Cambridge, Harvard University John F Kennedy School of Government


Economics, Finance, Monetary Economics, Development Studies, International Investment