Border closure hampering economic fortunes, encouraging smuggling – NASS tells Presidency

Border closure hampering economic fortunes, encouraging smuggling – NASS tells Presidency

TRIBUNE

Federal lawmakers in both chambers of the National Assembly have expressed strong reservations about the effectiveness of border closure by the Federal Government.

Speaking at the Joint Committees on Industry, Trade and Investment on 2025 Budget Defence by the Trade Ministry, Senator representing Osun East, Senator Francis Adenigba Fadaunsi noted that the exit of Niger Republic and Chad from the Economic Community of West African States (ECOWAS) with the consequent opening of their borders to Nigerians are worsening the menace of insecurity across the affected states.

He said:” Border closure is hampering the economic fortunes of the country because rather than curb smuggling, it encourages it.

“For example on rice production alone, the largest percentage of 4 million tonnes shortfall is being smuggled into the country since local producers are only producing 3 million tonnes out of the expected consumption rate of 7 million tonnes.”

In her submission, House of Representatives member representing Nangero/ Potiskum Federal Constituency of Yobe State, Hon Fatima Talba, declared that the borders in her constituent were technically open, not closed.

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Border closure hampering economic fortunes, encouraging smuggling - NASS tells Presidency

 

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