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Home Breaking News

President Tinubu orders immediate opening of borders with Niger

Chike Olisah by Chike Olisah
March 13, 2024
in Breaking News, Business, Business News
President Tinubu,
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President Bola Tinubu has directed the immediate re-opening of Nigeria’s land and air borders with the Republic of Niger.

He also directed the lifting of other sanctions against the country with immediate effect.

This disclosure is contained in a statement issued by the Special Adviser to the President on Media and Publicity, Ajuri Ngelale, on Wednesday, March 13, 2024.

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Ngelale in the statement titled, ‘Nigeria opens land and air borders with Republic of Niger, lifts other sanctions, said that the president also approved the lifting of financial and economic sanctions against the Republic of Guinea.

Economic sanctions on Niger, Mali, Guinea, Burkina Faso lifted

Ngelale in the statement said,

  • “President Bola Tinubu has directed the opening of Nigeria’s land and air borders with the Republic of Niger and the lifting of other sanctions against the country with immediate effect.
  • “This directive is in compliance with the decisions of the ECOWAS Authority of Heads of State and Government at its extraordinary summit on February 24, 2024, in Abuja.
  • “ECOWAS leaders had agreed to lift economic sanctions against the Republic of Niger, Mali, Burkina Faso, and Guinea.
  • “The President has directed that the following sanctions imposed on the Republic of Niger be lifted immediately: Closure of land and air borders between Nigeria and Niger Republic, as well as ECOWAS no-fly zone on all commercial flights to and from Niger Republic.
  • “Suspension of all commercial and financial transactions between Nigeria and Niger, as well as a freeze of all service transactions, including utility services and electricity to Niger Republic.
  • “Freeze of assets of the Republic of Niger in ECOWAS Central Banks and freeze of assets of the Republic of Niger, state enterprises, and parastatals in commercial banks.
  • “Suspension of Niger from all financial assistance and transactions with all financial institutions, particularly EBID and BOAD. Travel bans on government officials and their family members.”

This is a developing story…


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Tags: Ajuri NgelaleNiger Republicopen bordersPresident Bola Ahmed Tinubu
Chike Olisah

Chike Olisah

Chike was a banker with over 11 years experience in retail and commercial banking, risk management, treasury portfolio management and relationship management. He also acquired some experience in financial management and do have some special interest in investment analysis and personal finance. He had stints with financial institutions like the former Intercontinental Bank and Fidelity Bank.

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