FG To Extend Border Closure Till January 31,2020

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Monday, November 04, 2019 / 09.00AM / Ottoabasi Abasiekong / Header Image Credit: Business Elites Africa

 

The Federal Government is set to extend the current border closure to January 31st, 2019.

 

This was contained in a circular signed by Dimka V.D Comptroller(Enforcement) to all Sector commanders of  the Nigeria Customs Service.

 

The FG stated that despite the overwhelming success of the operations, which has translated to security and economic benefits there are still strategic objectives that are yet to be achieved.

 

The extension by the Federal government is to be complied with by all personnel in the Customs service.

 

So far, since the border closure by the Nigerian government, neighbouring countries like Ghana and Benin have been making appeals for the decision to be reconsidered.

 

The justification for the border closure by the Federal Government is to amongst others, curb smuggling, tackle illicit trade and strengthen security for the nation. 

 

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5.     Inflation Succumbs to Border Closure and Money Supply Growth - Spikes to 11.24% - FDC, Oct 16, 2019

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8.     Effects of Closing The SEME Border - Coronation Research, Oct 15, 2019

9.     Border Closures Begin to Take Toll on Prices CardinalStone Research, Oct 15, 2019 

 


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Proshare Nigeria Pvt. Ltd.


Proshare Nigeria Pvt. Ltd.


Proshare Nigeria Pvt. Ltd.

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