City Crime
AfCFTA: Chamber Seeks Single Africa Passport, Free Visa
The Nigeria-South Africa Chamber of Commerce (NSACC) has called for a single Africa passport and free visa to ensure success of the Africa Continental Free Trade Area (AfCFTA) agreement.
Its President, Mr Osayande Giwa-Osagie spoke yesterday in Lagos during the chamber’s September Breakfast Forum, with the theme: ‘Perspectives on the Africa Continental Free Trade Area in Relation to Nigeria’.
AfCFTA is a single continental market for free flow of goods, services and capital, supported by the free movement of persons across Africa.
Giwa-Osagie noted that AfCFTA would boost intra-African trade by 22 per cent, adding that its implementation would impact positively on the Nigerian economy.
He however said Nigeria must diversify its economy in order to harness the gains of the agreement.
“Current intra-African trade rated at 15 to 17 per cent is low and the AfCFTA is expected to boost intra-African by 22 per cent.
“Challenges to its implementation are lack of infrastructure, political instability and lack of economic diversification.
“This gives rise to the need for Nigeria to diversify its economy to harness the gains of the agreement.
“Given the importance of free movement of people , there is need for a free visa Africa and a single Africa passport.
“While the implementation would help boost the Nigerian economy, impact would be limited if there are no free movement of people,” he said.
Head, Trade and Transactional Services, Stanbic IBTC Bank, Mr Jesuseun Fatoyinbo, said the business community needed more clarification on tariff reduction or elimination under the agreement.
According to him, the little information available to corporate organisations with regards to tariffs, may lead to hold back on investments.
“We have noted increased interests from global multinationals and other corporates in setting up facilities in Africa aimed at serving the continent and exporting abroad.
“So more transparency around tariff reductions both in terms of timelines and details of goods could prompt companies to act,” he said.
Fatoyinbo also called for more attention to the digitisation of trade processes across the continent.
“Currently, trade in Africa is largely reliant on physical documentation and this is a major impediment.
“Policymakers need to prioritize regulatory amendments that allows for the digital signatures, digital certificate of origin, digital bills of lading, and other documentation,” he said.
City Crime
Nigeria’s World Cup Absence A Big Miss – Terry
England and Chelsea legend John Terry has expressed disappointment over Nigeria’s absence from the 2026 FIFA World Cup, admitting that the Super Eagles will be sorely missed as the tournament started yesterday Tidesports source reports.
Eric Chelle’s side finished second in Group C of the CAF World Cup qualifiers behind South Africa, who secured one of the automatic qualification spots for the tournament.
The Super Eagles kept their hopes alive by defeating Gabon in the playoff semi-finals but saw their dreams shattered after losing to the Democratic Republic of Congo on penalties in the decisive playoff final.
The defeat condemned Nigeria to a second successive absence from the World Cup, having also failed to qualify for the 2022 tournament in Qatar. The Nigeria Football Federation later challenged DR Congo’s qualification, alleging the use of ineligible players during the campaign. However, the appeal was dismissed, ending any hopes of a late reprieve.
Nigeria will be a big miss. This is a World Cup for participants who haven’t had the opportunity to play in the tournament. I would have loved to see a top team like Nigeria there because they’ve got some great individuals. They’re a great nation. So, yeah, they fall under that category for me.
“I think they are a big miss because Nigeria probably would have gone further in the competition, but unfortunately, one side’s loss is another’s gain.
“I know Mikel Obi is very upset that they’re not there. It means he can’t do more commentating on the World Cup. That’s why he was upset.”
The 2026 World Cup officially begins with co-hosts Mexico.
The historic clash, set to take place at the iconic Estadio Azteca, rekindles memories of the opening match of the 2010 FIFA World Cup, which ended 1-1. South Africa took the lead through Siphiwe Tshabalala’s stunning strike before Rafael Márquez salvaged a draw for Mexico with a 79th-minute equaliser.
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