Coup Threatens $180m Nigeria, Niger Republic Cross-border Trade

Export and transit cargoes between Nigeria and its West African neighbour, Republic of Niger, worth $180million are lurching towards a decline due to the sanctions placed on Niger by the Economic Community of West African States (ECOWAS).

ECOWAS had sanctioned Niger Republic after its presidential guards toppled the government of President Mohamed Bazoum and announced Abdrahmane Tchiani as the new president.

Part of the sanctions slammed on that country by the regional body include border closure against Niger Republic and the Nigeria Customs Service (NCS), with security forces already ensuring strict enforcement of the directive by shutting the Nigerian-Niger Republic borders at the seven Nigeria’s northern states of Kebbi, Sokoto, Zamfara, Katsina Jigawa, Yobe and Borno.

Following the closure of the borders, cargoes bound for Niger Republic as well as those bound for Nigeria are currently trapped at the borders of the two countries.

The acting comptroller general of Customs, Bashir Adewale Adeniyi, also ordered officers of the Service to stop all transit cargoes heading to Niger Republic through all land borders and seaports across the country.

According to him, following the closure of the Nigerian- Nigerien borders, transit cargoes may be smuggled through other Land border posts in the country.

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