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Reduce Price or we Open Border for Importation – FG Threatens Cement Manufacturers

Reduce Price or we Open Border for Importation - FG Threatens Cement Manufacturers   The federal government has threatened to open the borders to cement importation if Nigerian manufacturers refuse to play ball on price reduction. It also said that although it is aware of the macroeconomic...

Border Re-opening: The Looming Danger for Northern Farmers, by Alhassan A. Bala

Border Re-opening: The Looming Danger for Northern Farmers, by Alhassan A. Bala   When in 2019 the former president Muhammadu Buhari ordered for the closure of all land borders to movement of goods, it was instructive that the government had effectively banned import and export of...

Niger Coup: Arewa Economic Forum Reiterates Call for Border Reopening

Niger Coup: Arewa Economic Forum Reiterates Call for Border Reopening   The Arewa Economic Forum (AEF) has again pleaded with the Federal Government to look into the reopening of the Nigeria-Niger border which was closed as part of sanctions to the military junta in Niger. The Chairman...

Trade Deficit Increases To $2.51bn After Border Reopening

Trade Deficit Increases To $2.51bn After Border Reopening         Nigeria’s exports declined while imports increased in January despite the opening of the land borders. Nigeria’s trade deficit rose from $1.69bn in December 2020 to $2.51bn as of the end of January 2021 despite the reopening of the...

Tons of Foreign Rice Offloaded at Reopened Borders, Displayed Openly in Shops -RIMAN

Tons of Foreign Rice Offloaded at Reopened Borders, Displayed Openly in Shops - RIMAN     The Rice Millers Association of Nigeria (RIMAN) has expressed its concern over the intense smuggling of rice into the country, following the reopening of some land boarders, and the take off...

EU Opens Borders, Excludes Nigeria, Others

EU Opens Borders, Excludes Nigeria, Others   The Council of the European Union has opened its borders to 15 countries, excluding Nigeria. According to information gathered from the EU website, Nigeria is still not a part of the countries from where visitors are allowed into Europe. The 15...