Smugglers reign large despite border closure
As the Yuletide season approaches, more smuggled items — mainly foreign parboiled rice, tomato paste, frozen chicken and cars — are still being smuggled into the country in large scale, closure of Nigerian borders notwithstanding.
‘How border closure aided local raw materials utilisation’
Utilization of Local Raw-materials in the manufacturing sector increased marginally in the second half (H2) of 2019, attributable to the closure of the country’s land borders by the Federal Government during the period, the Manufacturers Association of Nigeria (MAN), has said.
Border Closure: Task Force counts gains in security, economy sectors
The Joint Border Operation Drill, Sector 3, says it has recorded gains by improving security and economy of the country in less than two months of inauguration. The Ag. Coordinator, Joint Border Operation Drill, Sector 3, Compt. Garba Mohammed, disclosed this to the News Agency of Nigeria (NAN) on Sunday in Ilorin. Sector three of…
Beware of economic saboteurs over border closure, group tells Buhari
A Non-Governmental Organisation, the Social Integrity Network (SINET) has faulted report credited to Director General of the Manufacturers Association of Nigeria, (MAN), Segun Ajayi-Kadiri, in which he described the border closure as unsustainable.
Nigeria sustains border closure amid inflation, diverse sentiments
Expectations that the land borders may be reopened anytime soon should be shelved, as Federal Government, through the Nigeria Customs Service (NCS), has said it will sustain the ongoing drill till the desired goals are achieved, despite prayers by some manufacturers....
West Africa bloc meets to solve Nigeria's border closure conundrum
West African ministers met on Saturday to search for solutions to regional powerhouse Nigeria's shock decision to close its borders last August to curb smuggling.
West African traders seek end to international border closure
West African cross border traders under the aegis of the West Africa Association for Cross Border Trade in Agro-Forestry Pastoral and Fisheries Products (WACTAF) have called...
Border closure means failure of customs service, says NABG
Border closure against importation and smuggling of agro-allied products is an indication of absolute lack of confidence in the Nigeria Customs Service
Manufacturers struggle with inventories, losses as border closure, inflation bite harder
If the financial reports for the 2019 financial year of local producers in the consumer goods segment is anything to go by, the worse is far from being over as rising inventories, weak consumer purchasing power...