The African Heads of States and Governments pose during African Union (AU) Summit for the agreement to establish the African Continental Free Trade Area in Kigali, Rwanda, on March 21, 2018.[/caption] Nigeria is set to finally sign onto the Africa Continental Free Trade Agreement (AfCFTA) this week, after initial agitations by the country’s labour unions, sources have confirmed to TV3 Business. It will become the 53rd country on the continent to subscribe to the agreement that will create a single market for goods and services facilitated by the free movement of persons in order to deepen the economic interest of the continent in line with the pan African vision. Currently, Nigeria, Eritrea and Benin are the only countries yet to ratify the agreement. Nigeria, which is one of the continent’s economic powerhouses, in April last year failed to sign the framework for the agreement due to major concerns raised by the country’s labour unions. Their concerns primarily stemmed from the fact that the draft agreement was going to commit countries to removing tariffs on 90 per cent of goods, with 10 per cent of “sensitive items” to be phased in later. Policymakers and lobbyists in the populous nation are worried about the likely collapse of tenuous local industries and of losing economic clout in the region. On the back of that, the Nigerian government in April 2018 suspended plans to sign the agreement, and explained the move was “to allow more time for input from Nigerian stakeholders”. Ahead of the expected implementation of the agreement from Sunday, July 7, the AU commissioner on trade, Albert Muchenga, has hinted of a statement from the Nigerian government to announce the ratification of the agreement. Head of the Business Desk at Media General, Alfred Ocansey, who moderated the Trade and Finance Conference in Ethiopia recently, said concerns about the collapse of infant industries were given prime consideration by the AU commission on trade.