ABUJA, Nigeria — Business leaders under the umbrella of the Arewa Economic Forum, AEF, have urgently called the Federal Government to reopen specific northern borders not directly linked to Niger Republic.
Their plea comes in light of over 2,000 containers destined for Nigeria being held up, resulting in a staggering weekly financial loss of more than N13 billion.
In a media conference held in Abuja on Sunday, August 13, 2023, AEF’s Chairman, Ibrahim Dandakata, conveyed the dire economic situation, highlighting the numerous businesses in the north that have shuttered, while others teeter on the brink.
This has intensified the poverty and unemployment crisis in the region and across Nigeria.
Dandakata emphasized the unique position of Niger Republic, noting its vast land area contrasted with a modest population largely dependent on trans-border commerce.
“The Maje-Illo border in Kebbi State, which connects to Benin Republic, offers a viable alternative for commerce without involving Niger,” Dandakata proposed.
“If allowed, we could redirect and process our goods there, even paying the required customs duties.”
The chairman strongly advocated for a nuanced diplomatic approach in addressing the military governance in Niger Republic.
He stressed that a military confrontation could have severe ramifications across West and Central Africa.
He highlighted the mutual economic ties between Nigeria and Niger, revealing the large trade volumes that both formal and informal sectors contribute.
“The ramifications of the border closure extend beyond Nigeria. The ripple effects will be felt across West and Central Africa. With Niger already being one of the world’s most impoverished nations, the situation is precarious,” Dandakata warned.
The potential for regional instability and its consequences for Nigeria were underscored.
“Given the existing turmoil in Nigeria, we are ill-equipped to handle a massive influx of refugees if Niger were to implode,” cautioned Dandakata.
Further contributing to the discourse, Hamza Saleh, a representative from the Northwest Licensed Customs agents, shared the immediate concerns of perishable goods deteriorating within the stranded containers.
“Essential commodities like onions, tomatoes, and peppers are rotting. One businessman has reported losses upwards of N50 million and still counting,” Saleh revealed.
The businessmen collectively appeal to the Federal Government to consider alternative border openings and to prioritize the broader socio-economic implications over political disputes.
