Blessing in disguise: At last border closure raised MPV by 41.8%
No doubt, the hues and cries that greeted last year’s total closure of land borders may have metamorphosed into blessing as the nation’s Manufacturers’ Production Value (MPV) has shut up by 41.8%. This was revealed in the Manufacturers Association of…
Latest killings, border closure frustrate ongoing Kaduna Int’l fair
Upon the heavy assurances of strong security at the ongoing 41st edition of the Kaduna International Trade Fair, there had been observable drop in buyers’ attendance. Besides, Business Hilights Northern Bureau Chief reports that “From on the spot inferences gathered…
Dangote dissociates border closure to drop in his Cement’s 2019 earnings shock
…But closure forced Dangote cement export to fell 41% in 2019 Contrary to trending news report that one of the key reasons why Dangote Cement experienced drop in profitability for the year 2019 was border closure, President of the Dangote…
Continued border closure killing manufacturing in Nigeria—MAN cries out
Contrary to the recent contestable claims that border closure has shut up import activities at Nigerian ports to the extent seaports now records as high as N11bn revenue daily, the Manufacturers Association of Nigeria (MAN) has decried that the continued…
Border closure no longer stops Smuggling of Petrol—Customs cries out
The Nigeria Customs officer and Co-ordinator in-charge of the North central zone, Mr. Mohammed Uba Garba, has lamented the target of ending smuggling of petroleum products across the Nigerian borders using closure of the borders is no more effective. According…
I’ll deliver stakeholders’ message on border closure, but…—Trade Fair ED
The Executive Director and Chief Executive of Lagos Trade Fair Management Board (TFMB), Chief Mrs. Lucy Ajayi, has informed business operators at the massive and sprawling Lagos International Trade Fair complex that she will deliver their clarion call to the…
Border Closure: Amiwero writes Buhari, seeks solution on genuine stranded goods
Whereas the Federal Government continues to insist that the nearly three months land border closure is gainful to the economy, indications have emerged that legitimate goods currently stranded at the borders have built unprecedented losses on owners. More insights on…
Dangote, others still suffering border closure as ECOWAS reject shipped goods
Even as diplomatic drives powered by Ministers of Foreign Affairs from Nigeria, Benin and Niger inch closer to resolving key issues leading to the border closure, leading Nigerian manufacturing concerns have continued to count their loses in the current border…
Border closure: W’African nations fight back; reject Nigerian goods, shut shops
Getting to three months, it became clear to ECOWAS Countries that Nigeria means business in shutting its land borders. Though diplomatic processes seem to be ongoing at governmental levels between Nigeria and most affected neighbours including Togo, Benin, Niger and…
Border closure implies being far away from latest surveillance technology— Afreximbank
The leadership of the Africa Export-Import Bank (Afreximbank) may have chided Nigerian government at the ongoing second edition of the African Investment Forum (AIF) in Johannesburg, South Africa over the continued closure of land borders. Whereas global experts in birder…
