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Home Business News Business

Buhari orders immediate reopening of land borders

William Ukpe by William Ukpe
December 16, 2020
in Business, Spotlight
President Buhari, AutoGas, #EndSARS: Presidency to ensure that a repeat of protests does not happen, How Federal Government plans to increase VAT to 7.2% affects you
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President Muhammadu Buhari has ordered the immediate reopening of four of Nigeria’s land borders, over a year after they were all shut.

This was disclosed in a statement by the Presidency on Wednesday evening.

“President Buhari has directed the immediate opening of four land borders: Seme, Illela, Maigatari, and Mfun,” The statement said.

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President @MBuhari has directed the immediate opening of four land borders: Seme, Illela, Maigatari, and Mfun.

— Presidency Nigeria (@NGRPresident) December 16, 2020

The Minister of Finance, Budget and National Planning Minister, Zainab Ahmed disclosed that the other land borders will be reopened before Dec. 31st, 2020.

What you should know

  • Naiarametrics reported in October 2019, that the Federal Government (FG) of Nigeria ordered the complete closure of Nigeria’s borders, placing a ban on both legitimate and illegitimate movement of goods in and out of the country.
  • Last month, the Minister of Finance disclosed that the Federal Government was considering reopening the country’s land borders.

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Tags: FeaturedLand borders
William Ukpe

William Ukpe

For further inquiries about this article contact: Email: william.ukpe@nairametrics.com or outreach@nairametrics.com. Twitter: @_sirwilliam_ @nairametrics.

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NCC, MDA, SEEPCO, local content laws, CBN Cashless Policy: Reps eye policy reversal, court Emiefele approval , Lawmakers tackle Finance Minister over failed CCTV project worth $460 million , Former Ghanaian President, Mahama begs Buhari to open border Former President of Ghana, John Mahama has appealed to President Muhammadu Buhari to open up its borders saying that Ghana has been heavily affected by Nigeria’s decision to close its borders. Mahama said that for economic activities to resume in West Africa, Nigeria needs to reconsider its decision on the total border closure. He made this plea while delivering the seventh anniversary lecture of investiture into The Realnews Hall of Fame and the unveiling of a book, titled: Pathways to Political and Economic Development of Africa. According to the former president as reported in The Nation, the closure of especially the Benin border, was taking a significant toll on many small and medium businesses, especially in Togo, Ghana and Cote D’Ivoire, which relied on inter-country trade. “I am sure that businesses in Nigeria that rely on supplies from these countries are also suffering. With the signing of the joint border task force agreement between Nigeria and her neighbours, I will like to take this opportunity to appeal to Nigeria to open up her border so that economic activities can resume,” Mahama said. While reacting to the shut down of shops owned by Nigerians by the Ghana Union of Traders’ Association (GUTA) as retaliation to the border closure, Mahama said; “Back home in Ghana, I also look forward to our government’s intervention that brings an immediate cessation to the forceful and illegal closure of shops of foreigners, especially Nigerians, by members of the local trade associations”. Mahama who is a former Chairman of the Economic Community of West Africa States (ECOWAS) spoke on how he still has an abiding interest in the progress of ECOWAS and its people. In this light, he said that Nigeria being the home of ECOWAS and the largest economy in West Africa should not allow the objective principles for establishment of ECOWAS to be lost. Meanwhile, the Vice Chancellor of Niger Delta University, Bayelsa State, Prof. Samuel Edoumiekumo, advised President Muhammadu Buhari not to yield to pressure to reopen the borders. Edoumiekumo who was also present at the lecture said President Buhari should remain firm in his resolve to ensure economic growth and the country’s development as the border closure will generate more revenue for the nation and tackle smuggling., Nigerians are enraged as lawmakers reject Innoson cars for latest Toyota Camry , FMBN ex-MD ordered to refund his salary, submit FMBN accounts over infractions

NCC likely to extend deadline, as House of Rep orders 10 weeks extension   

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