• Login
  • Register
Nairametrics
  • Home
  • Exclusives
    • Recapitalization
      • Access Holdings Offer
      • Fidelity Bank Offer
      • GTCO Offer
      • Zenith Bank Offer
    • Financial Analysis
    • Corporate Stories
    • Interviews
    • Investigations
    • Metrics
    • Nairalytics
  • Economy
    • Business News
    • Budget
    • Public Debt
    • Tax
  • Markets
    • Currencies
    • Cryptos
    • Commodities
    • Equities
      • Company Results
      • Dividends
      • Public Offer & Right Issues
      • Stock Market News
    • Fixed Income
    • Funds Management
    • Securities
  • Sectors
    • Agriculture
    • Aviation
    • Company News
    • Consumer Goods
    • Corporate Updates
    • Corporate deals
    • Corporate Press Releases
    • Energy
    • Entertainment
    • Financial Services
    • Health
    • Hospitality & Travel
    • Manufacturing
    • Real Estate and Construction
    • Renewables & Sustainability
    • Tech News
  • Financial Literacy
    • Career tips
    • Personal Finance
  • Lifestyle
    • Billionaire Watch
    • Profiles
  • Opinions
    • Blurb
    • Market Views
    • Op-Eds
    • Research Analysis
  • Home
  • Exclusives
    • Recapitalization
      • Access Holdings Offer
      • Fidelity Bank Offer
      • GTCO Offer
      • Zenith Bank Offer
    • Financial Analysis
    • Corporate Stories
    • Interviews
    • Investigations
    • Metrics
    • Nairalytics
  • Economy
    • Business News
    • Budget
    • Public Debt
    • Tax
  • Markets
    • Currencies
    • Cryptos
    • Commodities
    • Equities
      • Company Results
      • Dividends
      • Public Offer & Right Issues
      • Stock Market News
    • Fixed Income
    • Funds Management
    • Securities
  • Sectors
    • Agriculture
    • Aviation
    • Company News
    • Consumer Goods
    • Corporate Updates
    • Corporate deals
    • Corporate Press Releases
    • Energy
    • Entertainment
    • Financial Services
    • Health
    • Hospitality & Travel
    • Manufacturing
    • Real Estate and Construction
    • Renewables & Sustainability
    • Tech News
  • Financial Literacy
    • Career tips
    • Personal Finance
  • Lifestyle
    • Billionaire Watch
    • Profiles
  • Opinions
    • Blurb
    • Market Views
    • Op-Eds
    • Research Analysis
Nairametrics
Home Business News

Obasanjo backs Buhari’s border closure commitment 

Chidinma Nwagbara by Chidinma Nwagbara
November 27, 2019
in Business News, Politics
FG warns Obasanjo against truncating the electorate process, accuses him of bias

Chief Olusegun Obasanjo

Share on FacebookShare on TwitterShare on Linkedin

Former President of Nigeria, Chief Olusegun Obasanjo, has shown his support for the border closure as he tagged Benin Republic the dumping ground for goods.

This he said during a news briefing on Tuesday in Addis Ababa. The news briefing was organised on the margins of Policy Dialogue of African Business Associations on implementing the African Continental Free Trade Area (AfCFTA) Agreements.

Obasanjo urged Benin to change its ways for a harmonious bilateral relationship between the two countries. According to This Day, he explained that Nigeria had endured smuggling and the likes for a long time. This, he said had undermined the country’s economic well being.

MoreStories

Federal Competition and Consumer Protection Commission (FCCPC) Logo

FCCPC unseals Ikeja Electric headquarters after compliance undertaking

December 20, 2025
U.S. President Donald Trump

Trump suspends U.S. green card lottery after Brown University and MIT shootings

December 19, 2025
Obasanjo backs Buhari's border closure commitment 
Chief Olusegun Obasanjo

Obasanjo further noted that the Economic Community of West African States (ECOWAS) was not created to allow one country to turn itself to a dumping ground.

“It happened when I was President of Nigeria. I called the then Benin President, Nicephore Dieudonne Soglo, to let us meet at any of our border posts over the issue. We eventually met at Badagry (in Nigeria), where we agreed that Nigerian Customs would be stationed in Benin. 

“They (the Nigerian Customs) are still there. We don’t have issues with goods manufactured in Benin — they are welcome. But as long as Benin allow dumping of goods, there will always be a problem with Nigeria,” Obasanjo said.

[READ MORE: Economy: FG restates commitment to border closure]

In a recent Nairametrics publication, the Minister of Information and Culture, Alhaji Lai Mohammed reiterated the government’s plan to keep the border closed. He said the Jan 31 deadline might be extended.

The minister listed some of the positive results achieved thus far due to the border closure. On the economic front, he said the partial closure of the border had helped curb the smuggling of rice and other prohibited items resulting in increased production and milling, as reported by the Rice Millers Association of Nigeria.

Also, he explained that revenue accruing to the government had improved as importers now pass through legal procedures to ship in products through the seaports while diversion of imported petroleum products had been curbed.


Follow us for Breaking News and Market Intelligence.
Tags: border closureChief Olusegun ObasanjoECOWAS
Chidinma Nwagbara

Chidinma Nwagbara

Chidinma holds a degree in Mass communication from Caleb University Lagos and a Masters in view in Public Relations. She strongly believes in self development which has made her volunteer with an NGO on girl child development. She loves writing, reading and travelling. You may contact her via - chidinma.nwagbara@nairametrics.ng

Next Post
capital importation, Nigeria spends N1.9 trillion on goods from China in H1, up by 88% , Capital importation jacks by 5.7% (YoY) as banks attract $4.74 billion , Capital flows to Nigeria down for the second consecutive quarter by 7.8% q/q 

Capital flows to Nigeria down for the second consecutive quarter by 7.8% q/q 

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

rabafast
uba
tajbank

access bank
nairametrics
first bank






DUNS

Follow us on social media:

  • HOME
  • ABOUT NAIRAMETRICS
  • CONTACT US
  • DISCLAIMER
  • ADs DISCLAIMER
  • COPYRIGHT INFRINGEMENT

© 2025 Nairametrics

Welcome Back!

Login to your account below

Forgotten Password? Sign Up

Create New Account!

Fill the forms below to register

All fields are required. Log In

Retrieve your password

Please enter your username or email address to reset your password.

Log In
Social Media Auto Publish Powered By : XYZScripts.com
No Result
View All Result
  • Home
  • Exclusives
    • Recapitalization
      • Access Holdings Offer
      • Fidelity Bank Offer
      • GTCO Offer
      • Zenith Bank Offer
    • Financial Analysis
    • Corporate Stories
    • Interviews
    • Investigations
    • Metrics
    • Nairalytics
  • Economy
    • Business News
    • Budget
    • Public Debt
    • Tax
  • Markets
    • Currencies
    • Cryptos
    • Commodities
    • Equities
      • Company Results
      • Dividends
      • Public Offer & Right Issues
      • Stock Market News
    • Fixed Income
    • Funds Management
    • Securities
  • Sectors
    • Agriculture
    • Aviation
    • Company News
    • Consumer Goods
    • Corporate Updates
    • Corporate deals
    • Corporate Press Releases
    • Energy
    • Entertainment
    • Financial Services
    • Health
    • Hospitality & Travel
    • Manufacturing
    • Real Estate and Construction
    • Renewables & Sustainability
    • Tech News
  • Financial Literacy
    • Career tips
    • Personal Finance
  • Lifestyle
    • Billionaire Watch
    • Profiles
  • Opinions
    • Blurb
    • Market Views
    • Op-Eds
    • Research Analysis
  • Login
  • Sign Up

© 2025 Nairametrics