Nigeria has officially launched an AfCFTA air corridor aimed at boosting exports to key African markets — Kenya, Uganda, and South Africa — while cutting logistics costs for Nigerian exporters by between 50% and 75%.
The announcement was made by the Minister of Industry, Trade and Investment, Dr. Jumoke Oduwole, via her official X (formerly Twitter) account.
She noted that the new corridor, which will operate via Uganda Airlines, is part of a broader effort to link Nigerian goods more efficiently to African Continental Free Trade Area (AfCFTA) markets and unlock easier access for Nigerian businesses by significantly reducing transportation barriers and costs.
The corridor is expected to support the export of products like textiles, cosmetics, and agro-products, helping Nigerian businesses grow. By significantly lowering logistics costs, the initiative makes it more competitive and profitable for exporters to expand their reach across the continent.
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The announcement also confirmed that AfCFTA tariffs have now been officially gazetted, unlocking lower tariff rates for Nigerian exporters and further boosting trade opportunities under the agreement.
The Ministry of Industry, Trade, and Investment reiterated its commitment to supporting Nigerian businesses as they scale across Africa through this and other initiatives under the AfCFTA framework.
