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Nigeria may reopen land borders 14-month after closure~Finmin

By on November 25, 2020 0 179 Views

Nigeria may soon reopen its borders with its West African neighbours after 14-month the border were shut to curb smuggling and insecurity, according to the Minister of Finance and Budget, Zainab Ahmed.

Ahmed in a chat with State House correspondents in Abuja said as a Presidential committee set up by the government to review the matter has recommended the reopening of the nation’s land borders.

She said the committee would soon submit its report to President Muhammadu Buhari and thereafter, the president may make a formal pronouncement on the reopening.

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The minister did not, however, disclose when the report will be submitted and how soon the land borders will be reopened.

Nigeria had in August 2019 closed its land borders to curtail illegal importation of drugs, small arms and agricultural products into the country from neighbouring West African nations.

The government recently granted two cement firms, Bua Cement and Dangote Cement to export their products through the land border in a bid to ease the pressure on the companies’ export business in the West African countries.

Nigeria’s consumer inflation rose to 14.23 percent in October as food prices shot up, a situation many analysts attributed to the closure of the land borders which prevent inflow of some staple food across the border.

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