President Cyril Ramaphosa will lead a South African delegation to the 10th Extraordinary Summit of Heads of State and Government of the African Union (AU) Summit in Kigali, Rwanda scheduled to take place on 21 March 2018.
But a statement signed on Sunday by the spokesperson of the Ministry of Foreign Affairs, Tope Adeleye, noted that the trip had been cancelled.
The AfCFTA will make the continent the largest free trade area created since the formation of the World Trade Organisation.
"In outcome, the decision is to give more time for wider consultations on the issue", said the text.
The Summit is expected to consider and conclude issues related to the AfCFTA and adopt the Agreement on the Establishment of the AfCFTA.
"AfCFTA will make Africa one of the largest economies in the world and enhance its capacity to interact on equal terms with other worldwide economic blocs", Faki said.
The AU session is preceded by an Extraordinary Session of the Executive Council that started Monday with aim of considering the African Continental Free Trade Area (AfCFTA) Legal instruments and launch the Agreement Establishing the African Continental Free Trade Area.
"We at the Labor Congress of Nigeria are shocked by the total impunity or evident lack of consultation in the process leading to this", assured the president of the NLC, Ayuba Wabba.
But Nigeria's Minister of Industry, Trade, and Investment Okechukwu Enelamah had told journalists last week that Nigeria would have benefitted from expanded market access for its exporters of goods and services, including spurring growth and boosting job-creation.