No menu items!
EletiofeNiger: Northern Traders Lament N13 Billion Loss Due To...

Niger: Northern Traders Lament N13 Billion Loss Due To Border Closure

-

- Advertisment -

Northern Traders in the country are lamenting over the weekly loss of about N13bn following the closure of borders in the region due to the ongoing crisis in Niger Republic.

Recall that President Bola Tinubu, on August 4, 2023, ordered the closure of all borders with Niger Republic following the sanction imposed by the Economic Community of West African States (ECOWAS).

Following the president’s order, the Nigeria Customs Service (NCS) has closed the borders of Jibiya in Katsina state, Illelah in Sokoto and Maigatari in Jigawa.

Addressing a press conference in Abuja on Sunday, the Chairman of Arewa Economic Forum, Ibrahim Yahaya Dandakata, said the closing of the borders is making it unbearable for traders to get their goods to the country.

Dandakata stated that the consequences of the border closure have been huge, saying that Northern traders lost N13bn since the closure of the Nigeran borders.

He, therefore, advised the Nigerian government to open the maje-illo border in Kebbi to allow traders to bring goods to the country.

He said: “Since the order by the President to close all the borders with Niger Republic following the announcement of the coup, the consequences have been huge. Northern traders lost N13bn weekly.

“Trade between Niger and Nigeria is usually informal, especially in perishable goods, and only last year alone, it is estimated at about N177bn in goods and services like livestock and food items.

“Therefore, further closure of the border will be detrimental to the huge trade going on between these two countries.

“We hereby appeal to President Tinubu to open the maje-illo border in Kebbi state to enable traders to bring in their goods into the country and empower customs to collect import duty thereafter.”


Also speaking, a trader and member of the forum, Hamza Saleh Jibiya, said about 2,000 containers laden with perishable and non-perishable goods have been trapped and cannot be cleared due to the closure.

He added: “The average value of a container is between $20,000 to $70,000, which in our estimation will be about N140bn trapped in those containers.

“The alternative which we appeal now is for the federal government to open the maje-illo border in Kebbi to enable us to remain in business.”

Latest news

7 Best Handheld Gaming Consoles (2024): Switch, Steam Deck, and More

It feels like a distant memory by now, but right before the Nintendo Switch launched in 2017, it seemed...

The Boeing Starliner Astronauts Will Come Home on SpaceX’s Dragon Next Year

NASA has announced that astronauts Barry Wilmore and Sunita Williams will return to Earth next February aboard SpaceX’s Dragon...

How to Switch From iPhone to Android (2024)

Ignore the arguments about which is better, because iPhones and Android phones have far more in common than some...

12 Best Tablets (2024): iPads, Androids, and More Tested and Compared

Tablets often don't come with kickstands or enough ports, so it's a good idea to snag a few accessories...
- Advertisement -

Will the ‘Car-Free’ Los Angeles Olympics Work?

THIS ARTICLE IS republished from The Conversation under a Creative Commons license.With the Olympic torch extinguished in Paris, all...

Lionel Messi will return before MLS playoffs, says Inter Miami coach Tata Martino

Inter Miami head coach Tata Martino said on Friday that Lionel Messi will return to the team's lineup before...

Must read

7 Best Handheld Gaming Consoles (2024): Switch, Steam Deck, and More

It feels like a distant memory by now, but...

The Boeing Starliner Astronauts Will Come Home on SpaceX’s Dragon Next Year

NASA has announced that astronauts Barry Wilmore and Sunita...
- Advertisement -

You might also likeRELATED
Recommended to you