Chamber of Commerce backs re-opening of land borders

The Abeokuta Chamber of Commerce, Industry, Mines and Agriculture (ABEOCCIMA) has lauded the planned reopening of land borders by the federal government, more than fifteen months after they were closed. The Minister of Finance, Budget and National Planning, Mrs Zainab Ahmed, had told State House Correspondents after the Federal Executive Council meeting last week that […]

The Abeokuta Chamber of Commerce, Industry, Mines and Agriculture (ABEOCCIMA) has lauded the planned reopening of land borders by the federal government, more than fifteen months after they were closed.

The Minister of Finance, Budget and National Planning, Mrs Zainab Ahmed, had told State House Correspondents after the Federal Executive Council meeting last week that the borders would soon be reopened, following submission of a report by a committee set up on the border closure.

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Reacting in an interview with our correspondent in Abeokuta, Ogun State, the President of ABEOCCIMA, Jare Oyesola noted that reopening borders would allow traders and manufacturers to import raw materials for production.

He said the lack of importation of raw materials affected production during the border closure.

Oyesola added that the planned reopening of borders would aid trade under the African Continental Free Trade Agreement.