Shaquana Teasley, Founder and CEO of Agate Solutions LLC, stated that Nigeria’s textile and apparel sector contributed only 0.01% of imports to the United States under the African Growth and Opportunity Act (AGOA) in 2023.
She revealed this at the AGOA training workshop, organized by USAID and Prosper Africa to equip export-ready Nigerian businesses, trade officials, and relevant stakeholders with the necessary knowledge and skills to maximize the benefits of AGOA and improve AGOA utilization in Nigeria.
The African Growth and Opportunity Act (AGOA) is a United States trade legislation enacted in 2000 aimed at enhancing trade and economic relations between the U.S. and eligible sub-Saharan African countries. It provides significant benefits for eligible African countries by allowing certain products to be exported to the U.S. duty-free.
Read more at Nairametrics
She revealed this at the AGOA training workshop, organized by USAID and Prosper Africa to equip export-ready Nigerian businesses, trade officials, and relevant stakeholders with the necessary knowledge and skills to maximize the benefits of AGOA and improve AGOA utilization in Nigeria.
The African Growth and Opportunity Act (AGOA) is a United States trade legislation enacted in 2000 aimed at enhancing trade and economic relations between the U.S. and eligible sub-Saharan African countries. It provides significant benefits for eligible African countries by allowing certain products to be exported to the U.S. duty-free.
Read more at Nairametrics
