NACC Welcomes AGOA Extension, Calls for Action by Nigeria, Others
The Nigerian-American Chamber of Commerce (NACC) has applauded the signing by United States President, Donald Trump of the Continuing Appropriations and Extensions Act, 2027, which extends the African Growth and Opportunity Act (AGOA)
The Nigerian-American Chamber of Commerce (NACC) has welcomed the signing of the Continuing Appropriations and Extensions Act, 2027 by President Donald Trump. This legislation extends the African Growth and Opportunity Act (AGOA) through December 31, 2028, allowing Nigeria and 31 other sub-Saharan African countries to maintain duty-free access to the United States market.
NACC President Sheriff Balogun praised the extension, stating it provides Nigeria the certainty to invest and expand exports. However, the Chamber urges Nigeria to diversify its AGOA exports beyond oil into agricultural products, textiles, processed foods, and manufactured goods that can compete in the US market within the next 28 months.
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