FEC approves creation of national trade negotiation office

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AFTER FEC MEETING 3. R-L; Vice President Prof Yemi Osinbajo confers with the Minister of Finance, Mrs Kemi Adeosun after the Federal Executive Council Meeting at the Council Chambers in Abuja.

The Federal Executive Council (FEC) presided over by Acting President Yemi Osinbajo, on Wednesday approved the establishment of a national office for trade negotiations.

The Minister of Industry, Trade and Investments, Dr Okechukwu Enelamah, said this while briefing State House Correspondents at the end of the FEC meeting.

He said that the office would coordinate trade negotiations by Ministries, Departments and Agencies (MDAs) which were not properly done in the past.

“What we found was that this was happening in various ministries, departments and agencies with insufficient coordination and therefore, frequently, it had unintended consequences and costs for us.

“The cabinet decided…

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