In an interview with Channels Television’s Politics Today on Thursday, Kingsley Moghalu, a former deputy governor of the Central Bank of Nigeria (CBN), expressed his belief that the African Continental Free Trade Agreement has the potential to generate an additional GDP of nearly $500 billion by 2035. He emphasized that this trade agreement could play a significant role in lifting approximately 30 million Africans out of poverty.

Moghalu highlighted the transformative impact of the African Continental Free Trade Agreement, suggesting that it has the capacity to spur economic growth and alleviate poverty across the continent. His remarks underscore the potential of this trade agreement to bring about substantial positive change in the economic landscape of Africa.

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