Close Menu

    Subscribe to Updates

    Get the latest news as they happen

    What's Hot

    FG To Rename Fire Service, Reworks Agency’s Act

    November 2, 2026

    Nathaniel Bassey Is First African Gospel Artist To Achieve One Billion YouTube Views

    November 2, 2026

    Golvia Presents A New Social Media Platform To Monetize Africa’s Digital Creative Economy.

    November 2, 2026
    Facebook X (Twitter) Instagram
    Megastar Magazine
    • Politics

      Lagos Governorship Candidates Set To Defend Stand Before Voters At Debate

      November 2, 2026

      AI-Generated Photos: INEC Blames Registration Officers for Appearance

      October 31, 2026

      INEC Upholds 41 Candidates, Dismisses Others As It Receives 69 Governorship Petitions For Omission

      October 30, 2026

      2027 Elections: NEDO To Deploy 4,000 Observers 

      October 27, 2026

      Ahead 2027, Rise Networks, INEC, Meta, Google, Microsoft Set Up ₦10m AI Election Hackathon

      October 27, 2026
    • Entertainment
      1. People
      2. Events
      3. Fashion
      Featured
      Entertainment October 29, 2026

      Funke Akindele Partners Facebook For Release Of ‘The Four’ 

      Recent

      Funke Akindele Partners Facebook For Release Of ‘The Four’ 

      October 29, 2026

      AY Comedian Tenders Apology For What Unfolded During UK Show

      October 27, 2026

      Quickteller Declares the Return of InsomniaQ Music Marathon

      October 26, 2026
    • Business

      Golvia Presents A New Social Media Platform To Monetize Africa’s Digital Creative Economy.

      November 2, 2026

      CREDICORP Presents New Credit Package For Borrowers

      October 28, 2026

      Transcorp Group Delivers in Nine Months of 2026, N111.4bn PBT

      October 28, 2026

      Investors Ask CBN To Refund N100.35m Licence Payment

      October 28, 2026

      FG Presents Free Digital Procurement Training for MSMEs

      October 27, 2026
    • Health

      NOA Cautions Against Self-medication For Ebola

      October 22, 2026

      FG Moves To Contain Spread Of Ebola, Partners Uganda For Traces

      October 22, 2026

      WHO Presents New Guidance For Heat-related Illness At Mass Gatherings

      October 1, 2026

      ZAMFARA RELEASE OF FIRST BATCH OF SUCCESSFUL APPLICANTS NURSES & MIDWIVES RECRUITMENT

      September 17, 2026

      Pastor Adeboye Of RCCG Donates Three Dialysis Machines To UBTH

      September 3, 2026
    • Culture

      GLO Sponsorship Commits To 2026 Ofala Festival As It Kicks Off

      October 8, 2026

      FG Plans To Launch African Global Festival In October, Strengthens Culture, Economy

      September 25, 2026

      Awujale Stool: Ruling House Commits Trust In Leaders, Disapproves Removal

      August 13, 2026

      Osun-Osogbo 2026: Nigeria-Africa Celebrates Yoruba Historic Heritage

      August 7, 2026

      FCMB Reiterates Commitment for Ojude Oba as Key Driver of Heritage

      June 7, 2026
    • Lifestyle

      Pastor Jimmy Odukoya Confirms Marriage to Pastor Mo Jasmine

      November 1, 2026

      Gov Sanwo-Olu Presents Wife With Flowers And Kiss

      October 27, 2026

      Pastor Adeboye’s Granddaughter and Partner Wed in US

      October 25, 2026

      Pa Fasoranti’s Family Declares December 17 For Late Leader’s Burial

      October 23, 2026

      Tinubu Congratulates Shettima on 60th Birthday, Calls him Patriot, Trusted Ally. 

      September 2, 2026
    • Sports

      FIFA U17 WWC: Flamingos Reach Semi Finals, Ready For Brazil

      November 2, 2026

      FIFA Aims To Double Women’s World Cup Prize Money For 2027

      October 31, 2026

      Osimhen, Girlfriend Stefanie Celebrate Arrival Of Second Child

      October 30, 2026

      Edo Queens Demand Replay Of WAFU Final At Original Venue, Petition CAF

      October 30, 2026

      U-15 World Cup Festival: FIFA Initiates Player-voted Team Awards 

      October 30, 2026
    • Contact
    YouTube Facebook Instagram WhatsApp
    Megastar Magazine
    Home » FG introduces intra-African Air Cargo corridor with 50% discount
    TRAVELS $ GUIDE

    FG introduces intra-African Air Cargo corridor with 50% discount

    Ifetayo AdeniyiBy Ifetayo AdeniyiMay 26, 20253 Mins Read
    Facebook Twitter Pinterest LinkedIn WhatsApp Reddit Tumblr Email Telegram
    Share
    Facebook Twitter WhatsApp Telegram Email

    FG introduces intra-African Air Cargo corridor with 50% discount

    Minister of Industry, Trade, and Investment, Jumoke Oduwole

    FG introduces intra-African Air Cargo corridor with 50% discount

    The Federal Ministry of Industry, Trade and Investment, in collaboration with the United Nations Development Programme and Uganda Airlines, has officially launched the Nigeria–East/Southern Africa Air Cargo Corridor—a transformative export initiative under the African Continental Free Trade Area framework.

    Speaking at the landmark event held on Africa Day at the Nnamdi Azikiwe International Airport, Abuja, on Sunday, the Minister of Industry, Trade and Investment Dr Jumoke Oduwole, announced that the new air corridor will provide Nigerian exporters with access to three key African hubs—Uganda, Kenya, and South Africa—with air cargo rates discounted between 50-75 per cent reduction in logistics cost (including regulatory charges).

    This initiative marks Nigeria’s key campaign promise by President Bola Tinubu to accelerate the diversification of Nigeria’s non-oil exports by leveraging the opportunities presented by the AfCFTA.

    Specifically designed to empower Nigerian enterprises, particularly MSMEs, this initiative enables them to expand into African markets with greater confidence, lower costs, faster delivery timelines, and reduced risk.

    The preferential cargo rates will apply to businesses affiliated with leading national business associations, including Nigerian Association of Chambers of Commerce, Industry, Mines, and Agriculture, Nigeria Association of Small and Medium Entrepreneur, Nigerian Association Of Small Scale Industralists, and Women Chamber of Commerce Industry Mines & Agriculture, ensuring inclusive participation and coordinated implementation.

    This milestone follows Tinubu’s approval and the formal gazetting of Nigeria’s Provisional Schedule of Tariff Concessions in April 2025.

    With support from the UNDP Regional Bureau for Africa, the Ministry has worked to position Nigeria not just as a participant in AfCFTA, but as a leader in shaping and advancing the agreement’s implementation.

    Operating from Lagos and Abuja, the corridor is backed by strong government collaboration.

    In her remarks, the trade minister expressed appreciation to the Minister of Finance and the Coordinating Minister of the Economy, the Minister of Aviation, as well as the Comptroller General of the Nigeria Customs Service, and the MD/CEO, Federal Airports Authority of Nigeria, for facilitating and being instrumental to its successful launch.

    The inaugural cargo shipment featured a diverse basket of Made-in-Nigeria products, including textiles, cosmetics, fashion accessories, and agro-processed goods, marking the beginning of a new era for Nigerian exports into African markets.

    Notably, all exporters on this historic flight were women-owned businesses. These female entrepreneurs were recognized as pioneers, leading the charge in positioning Nigerian enterprises at the forefront of intra-African trade.

    “AfCFTA tariffs are now gazetted, enabling Nigerian goods to benefit from lower tariffs across African markets. As we mark Africa Day, I want to especially commend and thank the indefatigable Nigerian businesses participating in this inaugural flight. Today, they are exporting a diverse product basket, textiles, bags, cosmetics, agro-processed products, and more, to our African partners.

    “This Administration will continue to stand with you as you take even bigger and bolder leaps to expand Nigeria’s footprint across the continent. The Federal Government remains committed to supporting Nigerian businesses in scaling their exports across the continent,” she stated.

    Share. Facebook Twitter Pinterest LinkedIn WhatsApp Reddit Tumblr Email
    Previous ArticleYoruba council lauds Tinubu for paying IMF loan
    Next Article Omadino Community debunks Gbaramatu Voice report saying militants from Gbaramatu attacked Akpata
    Ifetayo Adeniyi
    • Website

    Adeniyi Ifetayo Moses is an Entrepreneur, Award winning Celebrity journalist, Luxury and Lifestyle Reporter with Ben tv London and Publisher, Megastar Magazine. He has carved a niche for himself with over 15 years of experience in celebrity Journalism and Media PR.

    Related Posts

    News November 2, 2026

    FG To Rename Fire Service, Reworks Agency’s Act

    News November 2, 2026

    Nigeria Plays Host To $5bn Africa Energy Bank Headquarters In Abuja

    News November 2, 2026

    Expect Publication Of Final Voters’ Register Dec 15 ~ INEC

    News November 2, 2026

    As FBI Commends EFCC, Tinubu Lauds Achievement

    News November 2, 2026

    Customs Will Deploy AI To Combat Fake News, Online Misrepresentation

    News November 1, 2026

    How I was Misrepresented During Prayer Walk In 2020 — Adeboye

    Leave A Reply Cancel Reply

    Don't Miss
    News November 2, 2026

    FG To Rename Fire Service, Reworks Agency’s Act

    File: Minister of Interior, Dr Olubunmi Tunji-Ojo … agency’s responsibilities will now include emergency medical…

    Nathaniel Bassey Is First African Gospel Artist To Achieve One Billion YouTube Views

    November 2, 2026

    Golvia Presents A New Social Media Platform To Monetize Africa’s Digital Creative Economy.

    November 2, 2026

    Wema Bank Unveils “Festival of The Future”, Sets November 6 for HACKAHOLICS 7.0 Grand Finale

    November 2, 2026

    Subscribe to Updates

    Get the latest news as they happen

    Stay In Touch
    • Facebook
    • Twitter
    • Pinterest
    • Instagram
    Our Picks

    Queen Jennifer Osayamen Celebrates Birthday With Motherless Children

    December 26, 2021

    Edo speaker invested into knighthood of St Christopher

    October 31, 2021

    Henry Boyo’s Economic Warnings, Now Nigeria’s Reality

    May 18, 2026
    New Comments
    • Anozie okolo on Supreme Court Affirms President Tinubu’s Victory As Atiku, Peter Obi Lose
    • Mc richman on Nigeria and South African Music histories
    • Moses Ibrahim on Olu of Warri: Pictorial @ The Ogiame Atuwatse III Economic Summit.
    • Sen Rich Kay on MALARIA ERADICATION: Prince Ned Nwoko & NMEP Meet for joint action.
    Megastar Magazine
    YouTube Facebook WhatsApp Instagram
    • Privacy Policy
    • Terms of Use
    • Contact Us
    © 2026 Megastar Magazine. Designed by MANNDI

    Type above and press Enter to search. Press Esc to cancel.