This strategic trade route – a partnership with Uganda Airlines – is aimed at expanding Nigerian exports across the continent and reducing logistics challenges for local businesses.
Under the new initiative, air freight costs for Nigerian exporters will be cut by 50%, with special rates available to members of leading national business associations.
Speaking at a ceremony in Abuja, the Minister of Industry, Trade and Investment, Dr. Jumoke Oduwole, described the launch as a milestone that transforms AfCFTA from a political agreement into a practical reality for Nigerian exporters, in particular micro, small and medium-sized enterprises.
The Minister said: “This corridor is more than a logistics initiative. It is a strategic trade enabler accelerating regional integration and unlocking new opportunities for Nigerian exporters.”
In a post on LinkedIn, AfCFTA Policy & Market Lead Advisor Evans Edebor commented: “This initiative marks a critical step in removing long-standing logistical barriers that hinder intra-African trade, positioning Nigeria as a leader in driving the operationalisation of the African Continental Free Trade Area.
“Air cargo plays a vital role in accelerating trade, especially for time-sensitive and high-value exports like agro-processed goods, textiles, pharmaceuticals and electronics.
“With this strategic route, Nigerian exporters – particularly SMEs – gain unprecedented access to distant African markets, reducing both cost and time while enhancing trade competitiveness.”