Public Management

Nigeria extends border shutdown until 2020

Nigeria extends border shutdown until 2020
Monday, 04 November 2019 20:14

The government of Nigeria is keeping its land borders closed until the end of January 2020, official sources said.  

In a statement published on November 1, the government announced that this measure adopted a few months ago was bearing good fruits, and this motivated the extension decision. “I am directed to inform you that it is observed that despite the overwhelming success of the operation, particularly the security and economic benefits to the nation, a few strategic objectives are yet to be achieved. Against this background, Mr. President has approved an extension of the exercise to January 31, 2020,” the document reads.

While this announcement ruins hopes of border reopening before the end of 2019, this is the first time the Nigerian government has set a deadline for the end of the measure, since it affects all goods moving on either side of the country’s land borders. A few weeks ago, Colonel Hameed Ali, Comptroller General of Customs, said that the country would continue the measure until the “expected results” were achieved.

As a reminder, Nigeria closed its borders to combat foodstuff smuggling, particularly rice mainly via its border with Benin. No agreement has yet been announced between Nigeria and its neighbors to lift the measure that is already affecting the activities of many West African traders.

Moutiou Adjibi Nourou

Additional Info

  • communiques: Non
  • couleur: N/A
On the same topic
WAEMU banking liquidity increased by CFA1,700 billion ($3.02 billion) in one year, according to BCEAO Governor Jean-Claude Kassi...
First National Bank Ghana secures $20 million BII loan to expand MSME lending Partnership targets wider credit access for MSMEs, key drivers of...
Nigeria lifts cash-deposit cap but keeps strict withdrawal limits with fees Banks face new reporting rules as CBN targets security, cost cuts and...
New law revises construction code and tightens insurance obligations All builders must obtain all-risk site coverage and 10-year liability...
Most Read
01

Camtel to launch Blue Money in 2026, entering Cameroon’s crowded mobile money market led by MTN Mo...

Cameroon: State Owned Telecommunication Company To Enter Mobile Money Market
02

Kossi Ténou succeeds Badanam Patoki as president of the AMF-UMOA. Ténou brings over 20 years of e...

Togo’s Kossi Ténou Appointed President of AMF-UMOA
03

JA Africa launches $1.5M digital safety program in four African countries Initiative to ...

Google.org, JA Africa to Train Children, Teachers and Caregivers in Digital Safety
04

Francophone Sub-Saharan Africa hosts 860+ startups but faces deep structural weaknesses EY urges...

Major Tech Reforms Needed for Francophone SSA to Attract More Investment, Report Says
05

Vodacom Tanzania launches M-Pesa Global Payments, enabling seamless international transactions thr...

Tanzania’s Mobile Money Goes Global: Vodacom Partners with Visa, Alipay, and MTN
Enter your email to receive our newsletter

Ecofin Agency provides daily coverage of nine key African economic sectors: public management, finance, telecoms, agribusiness, mining, energy, transport, communication, and education.
It also designs and manages specialized media, both online and print, for African institutions and publishers.

SALES & ADVERTISING

regie@agenceecofin.com 
Tél: +41 22 301 96 11 
Mob: +41 78 699 13 72


EDITORIAL
redaction@agenceecofin.com

More information
Team
Publisher

ECOFIN AGENCY

Mediamania Sarl
Rue du Léman, 6
1201 Geneva
Switzerland

 

Ecofin Agency is a sector-focused economic news agency, founded in December 2010. Its web platform was launched in June 2011. ©Mediamania.

 
 

Please publish modules in offcanvas position.