
Border Closure And Ogun Entrepreneurs
One of the lessons is that, it is getting clearer that Nigerians need …
One of the lessons is that, it is getting clearer that Nigerians need …
The Federal government delegation is presently in a closed-door meeting with Customs officers on the Nigeria- Niger Republic border post at Magama Jinia, Katsina State.
The delegation left for the border after arriving Katsina on Monday morning.
It was led by Miinister of Information and Culture, Alhaji Lai Mohammad. Others on the team were the Minister for Industries, Trade and Investments, Hajia Myriam Katagum, and Minister of State for Budget and National Planning, Clement Agba.
They were received by the Sector 4 Coordinator, National Border Drill Operation, Assistant Comptroller General, Bashir Abubakar.
Village Chiefs and members of the Magama Jibia …
Small and Medium Scale Enterprises (SMEs) are as old as other larger businesses in Nigeria. As the economy improves, trading conditions get better for the small businesses but as the trading environment gets harsh by the day, the small enterprises are worst hit due to the nature of their industry.
The closure of Nigeria’s land borders since August 20 this year appears to be taking a huge toll on manufacturers and even the small businesses across the country and the impact is showing everywhere.
Three months after, while some stakeholders are in deep pain, others are smiling to the bank …
As the closure of Nigeria’s borders by the Federal Government continues to generate reactions, the Nigeria Employers’ Consultative Association (NECA) at the weekend raised the alarm that its effects are negatively impacting the generality of Nigerians.
NECA’s Director-General, Mr. Timothy Olawale, stated that the continued closure of the border which the Federal Government claims has given it some mileage in economic and security fronts has done nothing, but added to the pains of Nigerians.
“As government showcases the gains of the border closure, the same cannot be said of the man in the street in view of skyrocketing food prices …
The Federal Government on Monday said seizures made by security agents at the country’s land borders indicated that the republics of Benin and Niger were not addressing issues that led to the border closure.
The Minister of Information and Culture, Lai Mohammed, stated this when he led a government delegation to the Seme border on Monday.
He explained that from the magnitude seizures made and the number of illegal immigrants apprehended in the last two weeks, it was obvious that “nothing is being done yet by both countries – Benin and Niger – to address the challenges.”
Nigeria had in …
Mr John Mahama, Former President of Ghana on Tuesday appealed to the Nigeria Government to open up her border so that economic activities can resume in West Africa.
Mahama made the plea while delivering the 7th Anniversary Lecture, Investiture into The Realnews Hall of Fame and The unveiling of the Book: Pathways to Political and Economic Development of Africa in Lagos.
The title of the lecture is `Beyond Politics: An Economic Narrative for West Africa’. He said that the total closure of, especially, the Benin border was having a significant toll on many small and medium businesses especially in Togo, …
The Chief Executive Officer (CEO) of Kam Industries, Kamorudeen Yusuf, has urged the Federal Government to replicate the closure of Nigeria’s land borders by securing the country’s sea borders.
Yusuf called the attention of government to the steel sector, saying that Nigeria’s seaports are still porous, with the Nigerian market flooded with substandard steel products.
He stated this recently in Kwara State during a familiarisation visit by the Minister of Mines and Steel Development, Olamilekan Adegbite, to his privately owned steel manufacturing industry.
Yusuf said as government continues to strive towards diversifying the economy, ”there is need for government to …
Santuscom Agro-Hub Investment Nigeria Limited, producer of Ogoja Rice, has said it will crash the prices of local brands as it begins harvest at its 1,000-hectare farm in Okpoma, Yala Local Government Area of Cross River State.
The Chairman and Chief Executive Officer of Santuscom, Chief Paul Santus, made this known while speaking with journalists on the farm’s effort to cushion the effect of rising prices of rice domestically as a result of the closure of the land borders.
Chief Santus said the Ogoja Rice brand would sell for N14,000 ahead of the Christmas and New Year celebrations.
Since the …
The Administrative Secretary of the association, Dr Bola Asiru, said on Tuesday that the border closure and its attendant increase in the cost of imported raw materials had positioned cassava as a priority crop for industrial use.
Asiru spoke with the News Agency of Nigeria (NAN) in Lagos.
He noted that though Nigeria was the highest producer of cassava, governments did not give it priority attention in the past.
Asiru said that
Residents of border communities in Katsina State are groaning following the federal government’s suspension of fuel supply to areas within 20 kilometres to the nation’s land borders.
THISDAY investigation revealed that the federal government’s order had triggered fuel scarcity and hike in the prices of petroleum products at Jibia and Kongolam border towns between Nigeria and Niger Republic.
The Comptroller General of the Nigeria Customs Service (NCS), Hameed Ali, had directed that no petroleum products should be supplied to any filling station within 20 kilometres to the country’s borders.
THISDAY’s visit to Jibia border town on Monday, showed that the …
• Order Nigerian businesses to leave markets by Nov 14
• Customs halts fuel supply to frontier filling stations
Nigerians doing business in Ghana have been asked to quit their shops by Thursday, November 14, 2019, or be forcibly evicted in apparent retaliation against the Federal Government’s closure of the border.
The ultimatum was issued by the Ghana Union of Traders’ Associations (GUTA) and the Ghana Electrical Dealers Association (GEDA).
One of the notices sighted yesterday at strategic locations in markets across Ghana, especially in Kumasi, reads in capital letters: “Attention! Attention! Attention! According to the Ghana Investment Promotion Centre …