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VI
FG Inaugurates ADAPT Forum to Cut Trade Costs, Boost Digital Commerce Under AfCFTA
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THISDAYLIVE
Kuni Tyessi in AbujaThe federal government, through the Nigeria African Continental Free Trade Area, AfCFTA, coordination office, formally inaugurated the Africa Digital Access and Public Infrastructure for Trade (ADAPT), country implementation forum/subcommittee in a move to position Nigeria at the centre of Africa’s digital trade transformation.
The inauguration, which held yesterday in Abuja, signals Nigeria’s shift from policy design to practical implementation of the AfCFTA protocol on digital trade.
Okala attributed this recognition to Nigeria’s robust digital ecosystem and its leadership in digital trade, as Nigeria currently served as co-champion of the AfCFTA digital trade protocol.
Okala said ADAPT was designed to integrate Africa’s trade ecosystem into a single, interoperable and trusted digital infrastructure that covered digital identity, customs, payments, logistics, documentation, data exchange and trade services.
Members of the newly inaugurated ADAPT Country Implementation Forum/Subcommittee were tasked with developing a Roadmap for implementing ADAPT in Nigeria and identifying regulatory gaps that must be closed to advance digital trade.