Tax And Financial Implications of The African Continental Free Trade Agreement AfCFTA For African Development
Introduction/Scope
The scope of this presentation is the tax implications of AfCFTA on Nigeria (and Africa’s) development. There will be a brief explanation of the nature of the AfCFTA agreement and how it will impact the Nigerian tax environment. The presentation will then look broadly at the implications of AfCFTA on African development.
The paper evaluates AfCFTA impact on the federal tax authority in Nigeria. The selected areas of focus are:
(a) Article 15 of the Protocol on services (general exceptions)
(b) Value Added Tax implementation and
(c) Information Technology (ICT)
Although implementation of AfCFTA substantially concerns Duties, the presentation will focus on taxes particularly as administration of Duties and taxes are segmented in Nigeria i.e. taxes are collected by Revenue Authorities, while
Duties are collected by the Nigeria Customs Service (NCS). The discourse will then assess the issues that are germane to the broader discussion on implementation of AfCFTA in Africa.
The aim of the presentation is to assess how AfCFTA will impact tax administration in Nigeria first and then in Africa.
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-- (2025). Tax And Financial Implications of The African Continental Free Trade Agreement AfCFTA For African Development. Afribar.afribary.org: Retrieved Sep 04, 2025, from https://afribar.afribary.org/work/view/tax-and-financial-implications-of-the-african-continental-free-trade-agreement-afcfta-for-african-development-5-3
--. "Tax And Financial Implications of The African Continental Free Trade Agreement AfCFTA For African Development" Afribar.afribary.org. Afribar.afribary.org, 06 Aug. 2025, https://afribar.afribary.org/work/view/tax-and-financial-implications-of-the-african-continental-free-trade-agreement-afcfta-for-african-development-5-3. Accessed 04 Sep. 2025.
--. "Tax And Financial Implications of The African Continental Free Trade Agreement AfCFTA For African Development". Afribar.afribary.org, Afribar.afribary.org, 06 Aug. 2025. Web. 04 Sep. 2025. < https://afribar.afribary.org/work/view/tax-and-financial-implications-of-the-african-continental-free-trade-agreement-afcfta-for-african-development-5-3 >.
--. "Tax And Financial Implications of The African Continental Free Trade Agreement AfCFTA For African Development" Afribar.afribary.org (2025). Accessed 04 Sep. 2025. https://afribar.afribary.org/work/view/tax-and-financial-implications-of-the-african-continental-free-trade-agreement-afcfta-for-african-development-5-3