Welcome, Guest: Register On Nairaland / LOGIN! / Trending / Recent / New
Stats: 3,153,230 members, 7,818,776 topics. Date: Monday, 06 May 2024 at 02:36 AM

Coup Threatens $180m Nigeria, Niger Republic Cross-border Trade - Foreign Affairs - Nairaland

Nairaland Forum / Nairaland / General / Politics / Foreign Affairs / Coup Threatens $180m Nigeria, Niger Republic Cross-border Trade (17459 Views)

ECOWAS Activates Military Standby Force Over Niger Republic / Ali Lamine Zeine: Meet The New Prime Minister Of Niger Republic / Largest Ethnic Groups In Niger Republic (Hausa 54%) (2) (3) (4)

(1) (2) (3) (Reply) (Go Down)

Coup Threatens $180m Nigeria, Niger Republic Cross-border Trade by ManirBK: 3:28pm On Aug 13, 2023
Export and transit cargoes between Nigeria and its West African neighbour, Republic of Niger, worth $180million are lurching towards a decline due to the sanctions placed on Niger by the Economic Community of West African States (ECOWAS), LEADERSHIP Sunday findings have revealed.

ECOWAS had sanctioned Niger Republic after its presidential guards toppled the government of President Mohamed Bazoum and announced Abdrahmane Tchiani as the new president.

Part of the sanctions slammed on that country by the regional body include border closure against Niger Republic and the Nigeria Customs Service (NCS), with security forces already ensuring strict enforcement of the directive by shutting the Nigerian-Niger Republic borders at the seven Nigeria’s northern states of Kebbi, Sokoto, Zamfara, Katsina Jigawa, Yobe and Borno.

Following the closure of the borders, cargoes bound for Niger Republic as well as those bound for Nigeria are currently trapped at the borders of the two countries.

The acting comptroller general of Customs, Bashir Adewale Adeniyi, also ordered officers of the Service to stop all transit cargoes heading to Niger Republic through all land borders and seaports across the country.

According to him, following the closure of the Nigerian- Nigerien borders, transit cargoes may be smuggled through other Land border posts in the country.

According to him, all transit cargoes headed for Niger Republic through the other land borders, including Idiroko, must be stopped.

He said, “We are monitoring what is happening in Niger Republic and I can assure you that implementation of that directive given by the ECOWAS head of states is 100 per cent and when that is happening smugglers will want to explore openings in other borders, and may want to use other routes. All transit goods heading for Niger Republic should be stopped.”

LEADERSHIP Sunday investigation has shown that transit cargoes headed for Niger Republic no longer come into Nigerian seaports.

Checks by our correspondent from container terminals during the week showed that Nigeria has no record of handling transit cargoes for the landlocked West Africa country.

Maritime experts, however, argued that Nigeria has been removed from the transit nations by Niger Republic.

But at the leading terminal operator, APM Terminals, Apapa, there is no cargo destined for Niger Republic brought into the terminal.

A source who craved anonymity said cargoes destined for Niger Republic are not in the terminal but it is possible they come and offload the cargoes on trucks at various warehouses and take them to the West African country by road.

Also, Port & Cargo terminal, Tin Can Island, said they have never received Niger Republic-bound cargoes.

The newly commissioned Lekki port also stated that Niger Republic-bound cargoes are not part of transit cargoes received in the port in July.

According to the https://oec.world/en, in 2021, Nigeria exported $180 million to Niger Republic. The main products exported from Nigeria to Niger were Electricity ($54.2 million), Rolled Tobacco ($45.1 million) and Cement ($38.3 mliion).

During the last 26 years Nigeria’s exports to Niger have increased at an annualised rate of 6.05 per cent, from $39 million in 1995 to $180 million in 2021.

Also, Nigeria’s trade through Niger in 2020 was $1.3 billion, while trucks from Nigeria account for 40 per cent of the total daily traffic of 104,179 trucks per day along the trans-Saharan road corridor, data compiled by United Nations Conference on Trade and Development showed.

The trans-Saharan road corridor borders seven northern Nigerian states – Sokoto, Kebbi, Katsina, Zamfara, Jigawa, Yobe, and Borno. This is a vital trade route for Nigeria, connecting the country to its landlocked neighbours in the Sahel region.

However, the Zamfara/Sokoto command of the Nigeria Customs Service (NCS) said over 2.5million metric tonnes of export cargoes have passed through the Illela border, Sokoto State, into Niger Republic in the last six months.

According to data obtained by LEADERSHIP, commodities that are mostly transited through the corridor are Cement, Tobacco and Coal, with each truck usually carrying 1000 tonnes.

Speaking exclusively with LEADERSHIP Sunday, former executive secretary, Nigerian Shippers’ Council (NSC), Barr Hassan Bello, said 30 percent of Nigerien transit cargoes pass through Nigeria borders to Niger Republic.

According to him, the leadership crisis in the landlocked country will bring a setback to gains recorded by Nigerians to make use of its ports and trade corridors to deliver their cargoes.

Bello further noted that Nigeria is closer to Niger Republic than other African countries, saying Nigerien Shippers’ do incur additional cost by routing their cargoes through other neighbouring country than Nigeria.

He said, “It’s been our hope to have bulk of Niger Republic cargoes and the Nigerien Shippers’ have started believing in Nigeria’s ability to make the process seamless. Niger has its cargoes ship to Cote D’Ivoire, Benin Republic and some other neighbouring ports, and it doesn’t make economic sense because of the proximity and the affinity between Niger Republic and Nigeria.

“As a matter of fact, the Kano-Maradi rail line and the Dala inland dry port were all efforts by Nigeria to capture that transit cargoes, and the Customs are our partners as they have made some trade facilitation concession so that Niger Republic will transport cargoes. But the unfortunate incident may temporarily disrupt that plan. I think in the long run, there will be peace and there will be normal relationship. That is why war is destructive of international trade.”

Speaking on the tonnage, he said, “I know the tonnage is substantial and we ought to have captured all of it but maybe about 30 percent of transit cargoes move from Nigeria to Niger Republic currently”.

Also speaking, president of National Council of Managing Directors of Licenced Customs Agents (NCMDLCA), Lucky Amiwero, said that the closure of the border has security implications, which he cannot comment on.

“For some time, Nigeria has been removed from the transit nations. We don’t even know if that transit has started. Negotiating transit is not an easy thing because we still have encumbrances when it comes to factors that limit our countries to these landlocked countries. I don’t know if those areas have been rectified,” he added.

He said it is an economic issue because Nigeria has been delisted from the list of transit nations, adding that negotiating for transit status would be an economic avenue to pursue.

“In a real sense of it, if it is done, it is going to affect Nigeria’s place in the transit nation. Transit module is not in persistence yet in the country. Ghana has its transit that is satellite driven while Nigeria’s own is still manual. Ghana and Côte d’Ivoire have an edge over Nigeria. Becoming a transit hub is more than making noise about it,” he said.

https://leadership.ng/coup-threatens-180m-nigeria-niger-republic-cross-border-trade/

1 Like 1 Share

Re: Coup Threatens $180m Nigeria, Niger Republic Cross-border Trade by ManirBK: 3:28pm On Aug 13, 2023
interesting but Dialogue is the best answer and Let peace lead

7 Likes

Re: Coup Threatens $180m Nigeria, Niger Republic Cross-border Trade by DrGoodman: 3:30pm On Aug 13, 2023
What does mandate theft cause?

16 Likes 2 Shares

Re: Coup Threatens $180m Nigeria, Niger Republic Cross-border Trade by Moh227: 3:34pm On Aug 13, 2023
cool



Nigeria produces 2.3 million barrels of crude oil per day

Just crude oil alone, Not LNG

Brent crude oil sells at $86 per barrel

$180m to Nigeria is like a penny, even Dangote, Otedola, Adenuga and Rabiu or AA Rano won't blink an eye over $180m

Look at the International Shipping routes map that Cargo ship follows... You will understand Niger are in real trouble


.

25 Likes 1 Share

Re: Coup Threatens $180m Nigeria, Niger Republic Cross-border Trade by Horus(m): 3:35pm On Aug 13, 2023

https://www.youtube.com/watch?v=U3gjNvKXB4s

Nigeria Risks Losing $226M to Border Closure

Nigeria may risk losing about two hundred and twenty six million dollars worth of trade with Niger Republic if the sanctions imposed by the Economic community of west african states on the landlocked country continues to take effect.

The export and import of goods between the west African neighbours have been halted by the border closure as haulage trucks carrying goods are stuck in border communities waiting to cross into Niger republic.

2 Likes 1 Share

Re: Coup Threatens $180m Nigeria, Niger Republic Cross-border Trade by Abifarin16: 4:08pm On Aug 13, 2023
other avenues will open. Do you continue to do business with a coup held country? So don't blame Nigeria.

10 Likes

Re: Coup Threatens $180m Nigeria, Niger Republic Cross-border Trade by raskymonojendor: 4:10pm On Aug 13, 2023
No meaningful or world institutions country does business with a military junta country. Niger whose 40% of budget is financed by African and other western countries has more to lose.

13 Likes 1 Share

Re: Coup Threatens $180m Nigeria, Niger Republic Cross-border Trade by BoldBrainz(m): 4:16pm On Aug 13, 2023
Moh227:
Nigeria produces 2.3 million barrels of crude oil per day

Just crude oil alone, Not LNG

What's the relationship between this nonsense you wrote here and the thread content?

35 Likes 2 Shares

Re: Coup Threatens $180m Nigeria, Niger Republic Cross-border Trade by slivertongue: 4:19pm On Aug 13, 2023
Blame Tinubu

2 Likes

Re: Coup Threatens $180m Nigeria, Niger Republic Cross-border Trade by kingamaa(m): 6:38pm On Aug 13, 2023
This too shall pass.

Without a doubt, a war will do more damage

Thankfully, the door has been opened for dialogue which is the right way to go.
Re: Coup Threatens $180m Nigeria, Niger Republic Cross-border Trade by inoki247: 6:38pm On Aug 13, 2023
Lol how much did we loose when The Southern Border was closed that one no be Coup close am...


Let's know how much the closure cost us..


You people should just tell us you can't survive without Border someone from ur region closed the southern border and we no die...

11 Likes 1 Share

Re: Coup Threatens $180m Nigeria, Niger Republic Cross-border Trade by jojothaiv(m): 6:39pm On Aug 13, 2023
Laughable!

Whats even the economic situation on ground first...
Re: Coup Threatens $180m Nigeria, Niger Republic Cross-border Trade by Winters23: 6:39pm On Aug 13, 2023
grin

It's not coup threatening it, it's the invasion that's threatening the trade

2 Likes

Re: Coup Threatens $180m Nigeria, Niger Republic Cross-border Trade by brownish0: 6:40pm On Aug 13, 2023
LOL, Drums of war comes with lost of fortunes.....war is never the way, constructive dialogue is necessary.

video editors, dive in transition tutorial

https://www.youtube.com/watch?v=HLrVIVJL904
Re: Coup Threatens $180m Nigeria, Niger Republic Cross-border Trade by OceanRed(m): 6:40pm On Aug 13, 2023
Im really surprised that people are blaming Tinubu for the ECOWAS planned military intervention. like seriously ? ECOWAS is just acting on the script of the west( US and France obviously) . France particularly wont leave Niger, the Uranium and gold they are stealing in niger wont let them leave, and USA on the other hand will not want the gas pipeline project running from nigeria to the EU to come to fruition , as they are the only major supplier of gas to Europe currently . Both country do not give a hoot if Niger is burned to the ground, as long as they keep milking the country and the country destabilized. same thing they did to Libya, Iraq, yemen, syria etc.

5 Likes 2 Shares

Re: Coup Threatens $180m Nigeria, Niger Republic Cross-border Trade by vicadex07(m): 6:41pm On Aug 13, 2023
Abifarin16:
other avenues will open. Do you continue to do business with a coup held country? So don't blame Nigeria.

Ode. Mumu slave to western propaganda and oppression. Eating and licking shitttt from the white man's yansh

3 Likes 1 Share

Re: Coup Threatens $180m Nigeria, Niger Republic Cross-border Trade by chikason22(m): 6:41pm On Aug 13, 2023
Dialogue is the key. Ebola should be careful not to cause more hardship with his stolen mandate.

2 Likes 1 Share

Re: Coup Threatens $180m Nigeria, Niger Republic Cross-border Trade by Bbbwings: 6:42pm On Aug 13, 2023
raskymonojendor:
No meaningful or world institutions country does business with a military junta country. Niger whose 40% of budget is financed by African and other western countries has more to lose.
You guys are so naive.
Some of your foodstuff comes from there.
Prepare for a hike in food prices

5 Likes 1 Share

Re: Coup Threatens $180m Nigeria, Niger Republic Cross-border Trade by nazicartel(m): 6:42pm On Aug 13, 2023
Make coup deh make business people Deh their own lane ooo
Re: Coup Threatens $180m Nigeria, Niger Republic Cross-border Trade by Goodman2023: 6:42pm On Aug 13, 2023
.
Re: Coup Threatens $180m Nigeria, Niger Republic Cross-border Trade by Goodman2023: 6:43pm On Aug 13, 2023
Democratic order must be restored in Niger...
Re: Coup Threatens $180m Nigeria, Niger Republic Cross-border Trade by KwuoteYourFada: 6:44pm On Aug 13, 2023
grin

Just like that 8000 palliative blunder

Tinubu is already gafing about everything even trying to plunge Nigeria into another war

And you nairaland clowns supporting war I hope you're recruited

Overated asoebi politician


He'll understand that there's different between politicking and leadership

3 Likes 1 Share

Re: Coup Threatens $180m Nigeria, Niger Republic Cross-border Trade by Abifarin16: 6:46pm On Aug 13, 2023
vicadex07:


Ode. Mumu slave to western propaganda and oppression. Eating and licking shitttt from the white man's yansh
This is very mature, this is your contribution to the discussion on the topic at hand?


The topic says: coup threatens $180m cross border trade, not ECOWAS SANCTION, not ECOWAS WAR also. Ordinarily when one door closes, another will open it life. If the $180m trade crumbles another alternative will be found.

1 Like

Re: Coup Threatens $180m Nigeria, Niger Republic Cross-border Trade by Akeem79(m): 6:47pm On Aug 13, 2023
ManirBK:
interesting but Dialogue is the best answer

1 Like 1 Share

Re: Coup Threatens $180m Nigeria, Niger Republic Cross-border Trade by LordGuru1: 6:47pm On Aug 13, 2023
Well, I'm glad that neither Nigeria nor Niger has DEW. To test such would have been shacking the side that has it.

Reference:
Global warming is real and the destruction is gradually ticking all the boxes of human existence on this planet.
Earth is fighting back against a pesky specie called Man.
Global warming is deception just like KovdVaaSin. If you want to really know how this strange fire happened, Research DEW= Direct Energy Weapons. Satan is really fast taking over the World through the Anti-Christ, human are being killed for his Enthronement. Deep People know that the World is being taken over, and Our CREATOR's Son The MESSIAH that died for Humanity's Redemption is coming back soon to take We the ones that have Accepted Him out of this fast Decaying World into Eternal Life.
https://www.youtube.com/watch?fbclid=IwAR2_59Bnc8c1yzMGawSGtf3vXeNfn97JX-Ggvd-VDz92b_K6mVyDGXq444A&v=G0b3Y54roKc&feature=youtu.be
Now that you now know what DEW is, Like if you appreciate that you've added knowledge by coming to NL today.

3 Likes 2 Shares

Re: Coup Threatens $180m Nigeria, Niger Republic Cross-border Trade by marvellous2222: 6:47pm On Aug 13, 2023
Propaganda!!!!! Fake news believe at your own peril, you will see that is southeast people that is behind this fake news, they all hate tinubu

2 Likes 2 Shares

(1) (2) (3) (Reply)

South Africa Says Citizens Fighting With Israeli Forces In Gaza Will Be Arrested / 15 Killed As Israeli Strike Hits Gaza UN School / Hillary Clinton Caught Dancing & Drinking At Cuban Bar In Colombia

(Go Up)

Sections: politics (1) business autos (1) jobs (1) career education (1) romance computers phones travel sports fashion health
religion celebs tv-movies music-radio literature webmasters programming techmarket

Links: (1) (2) (3) (4) (5) (6) (7) (8) (9) (10)

Nairaland - Copyright © 2005 - 2024 Oluwaseun Osewa. All rights reserved. See How To Advertise. 39
Disclaimer: Every Nairaland member is solely responsible for anything that he/she posts or uploads on Nairaland.