Saturday, 08 February 2020 05:18

NEPAD supports Buhari on border closure

Rate this item
(0 votes)

The ongoing closure of Nigeria’s land borders has been hailed by a key African development agency as necessary to curb economic criminalities in West Africa.

President Muhammadu Buhari has been criticised by leaders of other West African countries for ordering the closure of Nigerian land borders, shutting trade along crucial routes with its neighbours.

Critics hinged their argument on how badly-timed Nigeria’s decision was, coming as the continent was adopting African Continental Free Trade Area (AfCFTA). The policy, signed in 2018 and now adopted by 54 out of 55 member states of the African Union, seeks to engender a more inclusive intra-African trade, policymakers said.

On Friday, Mr Buhari received a rare commendation for having the courage to institute the policy from Mr Ibrahim Mayaki, chief executive officer of the New Partnership for Africa’s Development (NEPAD).

The head of Africa’s foremost development agency said Nigeria’s decision was aimed at “correcting a problem” rather than jeopardising the spirit of the recently-adopted continental free trade policy.

His interview with PREMIUM TIMES comes as NEPAD prepares to receive Buhari on the sidelines of the ongoing African Union Summit in Addis Ababa. The Nigerian president would be delivering an address on African economy and social development at a programme organised by the key intervention agency.

Buhari ordered the abrupt closure of the countries’ land borders in August 2019, leaving commuters, majorly traders, stranded for several days.

The government argued that the decision was aimed at driving down illegal dumping of goods that had gone unchecked for several years from neighbouring countries. The government also added worsening insecurity and illicit exportation of essential goods, especially petroleum products, as amongst the grounds the borders were shut.

“It is about applying the rules and the norms that comply with Ecowas policy,” Mayaki, a former prime minister of Niger, said in Addis Ababa Friday afternoon. “I understand fully the Nigerian position.”

The NEPAD boss said the closure has achieved significantly its aim — driving debates about cross-border criminalities.

“It puts on the table crucial issues to reduce trade corruption,” he said. “People are making money [illegally] on both sides of the border.”

“Police, customs, other guards are making a lot and the level of corruption is very high,” he added.

Mayaki, 68, who has led NEPAD since 2009, said solutions were being worked out on how to reduce corruption at border posts.

“We are working to boost the expansion of one-stop border post,” he said, saying it would be better to conduct export documentation at a common border post rather than a two-way border post that would be too arcane for easy detection of sharp practices amongst traders and border security officials.”

 

PT

May 02, 2024

Investors on NGX lose N3.57trn on sustained stock sell off in pursuit of higher yields…

In April, the NGX All-Share Index witnessed a significant downturn, shedding N3.57 trillion in market…
May 01, 2024

Overwhelming majority of Nigerians have lost confidence in INEC, survey reveals

Yiaga Africa, a prominent election observation group, reveals in its latest report that only 23…
April 27, 2024

Adults are sharing the things they are no longer interested in now that they're older

It's natural for our preferences to change as we get older. So when asked, "What…
April 13, 2024

A new camera can undress people almost in real time—to send a message about AI

Nuca, a new deepfake camera, is an art project that shows how artificial intelligence can…
May 01, 2024

Gunmen abduct 4 residents in fresh attack on Abuja community

Gunmen struck the Bmuko Community in the Dutse Baupma area of the Bwari Area Council,…
May 02, 2024

What to know after Day 798 of Russia-Ukraine war

RUSSIAN PERSPECTIVE Russia hits Ukrainian military HQ – MOD Russia has carried out a strike…
May 01, 2024

Wellspring Consulting proposes cybersecurity investment to boost Nigeria's economy

In a bid to rescue Nigeria from its economic challenges, Wellspring Consulting advocates for significant…
April 30, 2024

Finidi George is new Head Coach for Super Eagles

Former Nigerian winger Finidi George has been appointed as the head coach of the national…

NEWSSCROLL TEAM: 'Sina Kawonise: Publisher/Editor-in-Chief; Prof Wale Are Olaitan: Editorial Consultant; Femi Kawonise: Head, Production & Administration; Afolabi Ajibola: IT Manager;
Contact Us: [email protected] Tel/WhatsApp: +234 811 395 4049

Copyright © 2015 - 2024 NewsScroll. All rights reserved.