Public Management

Niger keeps borders shut despite neighboring Nigeria and Benin reopening

Niger keeps borders shut despite neighboring Nigeria and Benin reopening
Friday, 15 March 2024 16:23

There has been no reaction from Niamey since Nigeria announced the reopening of its land borders with Niger.

Following Benin's lead, Nigeria, another strategic trading partner of Niger, declared the reopening of its land borders with the country. This move comes alongside the immediate removal of other restrictions tied to the ECOWAS economic sanctions.

The decision also lifts the flight ban to and from Niger imposed by the Nigerian Airspace Management Agency (NAMA) at the end of 2023. However, there has yet to be any response from Niamey following the announcement. Similar to the situation with Benin, which reopened its borders the day after the lifting of sanctions, authorities in Niger have kept their border post closed.

Let’s note that Niger shares historic cultural and commercial ties with Nigeria, exporting livestock and agricultural products such as onions primarily. Nigerian ports also supply the landlocked neighbor with essential goods, construction materials, and more. According to data from the UN Comtrade, Nigeria was Niger’s fourth-largest supplier in 2022, accounting for nearly 8% of imports. It was also the third-largest customer, taking in 16% of Niger’s exports.

Since the ECOWAS sanctions took effect at the end of July 2023, Niger has redirected its commercial transactions toward the port of Lomé, which recently introduced preferential taxation, exempting Niger's goods landed at its platform from the statistical levy (1% of the CIF -Cost, Insurance, and Freight- value).

Before Nigeria, Benin also reopened its borders with Niger following the lifting of sanctions. However, the Nigerien authorities have kept their border closed, citing security risks.

Additional Info

  • communiques: Non
  • couleur: N/A
On the same topic
Kenya’s competition authority approved Zenith Bank’s takeover of Paramount Bank. The deal would give Zenith its first foothold in the Kenyan banking...
BRVM listed the bonds of the FCTC Sonabhy 8.1% 2025–2031, marking Burkina Faso’s first securitization fund admitted to the exchange. Sonabhy...
Benin raised $500 million through its first international sovereign sukuk. The state also reopened its 2038 eurobond for $350...
Cameroon plans 150 billion CFA franc bond on Bvmac in 2026 Issuance depends on market conditions after past cancellations Cameroon remains one of...
Most Read
01

Togolese banks provided 16.2% of WAEMU cross-border credit by September 2025 Regional cross...

Togo accounts for 16.2% of cross-border bank financing in WAEMU
02

The BoxCommerce–Mastercard Partnership introduces prepaid cards, giving SMEs instant access to e...

South Africa’s BoxCommerce Partners with Mastercard on SME Fintech Solution
03

Nigeria licensed Amazon’s Project Kuiper to operate satellite services from 2026, setting up dir...

Amazon and Starlink Set Up Satellite Internet Rivalry in Africa
04

Microfinance deposits in Togo increased by CFA11.9 billion, a 2.7% rise in the second quarter of 2...

Microfinance: Deposits in Togo Rise 2.7% in Second Quarter of 2025
05

Gas-fired plants and renewables anchor Mauritania’s electricity expansion plan New thermal, solar...

Mauritania shapes power supply growth around gas and renewables
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.