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Border Closure: Government Opens Border For Dangote, Closes Border Against Others

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NAIJA NEWS: Border Closure: Government Opens Border For Dangote, Closes Border Against Others [New Naija News] » Naijacrawl
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Despite closing the Nigerian land borders for over a year now, on which the Presidency aruges it is to boost Nigerian internal security and also boosts local production.



The Nigerian government has allowed Dangote Cement to resume exports across its land borders, raising hopes that Africa’s most populous nation may be opening up trade with neighbors after a year-long blockade.

President Muhammadu Buhari‘s administration gave its authorization for Africa’s biggest producer to export cement to Niger and Togo in the third quarter for the first time in ten months, Michel Puchercos, chief executive officer, said on an investor call in Lagos. The export was made possible “through authorization given by this administration,” he said.

The exemption to Dangote Cement is seen as a softening of the government’s position on a border closure that started in August last year, and could open the way for other businesses to fully resume exports across the country’s land barriers.

Nigerian authorities closed borders with neighboring countries including Benin and Niger to curb smuggling and boost local production. Although the blockade encouraged the consumption of locally grown produce such as rice, it hurt factories across West Africa, which rely on Nigeria’s market of 200 million people.

Dangote resumed land export with “restricted volumes,” and plans to grow the trade using the sea channels, according to report.



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Piroll
 

Piroll is a creative writer, social-political commentator, socio-researcher, and sports analyst. He holds certificates in media management and data journalism from the Thomas Foundation Institute of Journalism. He works as a... Read More

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Lagos State Govt Closes Popular Night Club

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NAIJA NEWS: Lagos State Govt Closes Popular Night Club [New Naija News] » Naijacrawl
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Gombe Governor Orders Immediate Closure of Popular Entertainment Houses

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NAIJA NEWS: Gombe Governor Orders Immediate Closure of Popular Entertainment Houses [New Naija News] » Naijacrawl
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Sports Minister orders closure of National Stadium Lagos

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NAIJA NEWS: Sports Minister orders closure of National Stadium Lagos [New Naija News] » Naijacrawl
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