Public Management

Buhari speaks on extension of border closure

Buhari speaks on extension of border closure
Thursday, 23 January 2020 15:13

During a meeting between the Nigerian and Ghanaian presidents on January 20, on the sidelines of the UK-Africa 2020 summit, Muhammadu Buhari (photo) brought new arguments to justify extending the duration of the closure of the Nigerian borders.

According to the Nigerian president, the partial closure was motivated not only by the fight against rice smuggling but also the fight against drugs. For, “when most of the vehicles carrying rice and other food products through our land borders are intercepted, you find cheap hard drugs, and small arms, under the food products. This has terrible consequences for any country,” he deplored.

So to reopen its borders, the Nigerian president said, there are some issues that need to be addressed first. This will be done through the cross-border committee that has been set up for this purpose. “Once the committee comes up with its recommendations, we will sit and consider them,” he said.

This means that the borders will not be reopened anytime soon. It is good news for Nigerian rice producers who, according to President Buhari, are the real winners in this situation.

It should be noted that this border closure has been going on for five months and is having a disastrous impact on the economies of West African countries, Benin, Togo, and Niger particularly.

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

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
03

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
04

This week in African health news: Global measles cases have dropped nearly 80 percent since 2000, bu...

Measles Cases Drop 80%, Ethiopia's Marburg Response and Cholera in DRC (Weekly Health Update)
05

Maersk will resume transit through the Suez Canal from December 2025 after a two-year diversion. ...

Maersk to Resume Suez Canal Transit in December
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.