President Nana Addo Dankwa Akufo-Addo yesterday described the closure of the land border between Nigeria and the Republic of Benin was a big blow to regional integration. Commenting for the first time since the Nigerian government closed its border with the Republic of Benin on August 20, Akufo-Addo said the move could negatively affect the regional integration agenda.

Akufo-Addo, at a meeting with a delegation from the First Bank of Nigeria at the Jubilee House in Accra, said: “We are about to enter a delicate period in the ECOWAS journey looking ahead of the possibility of a single currency and trying to forge greater integration among our economies and at the same time have important security and other issues which confront us.

“We have this business of the closure of the Benin Border, which seems to some people to be a big blow to the ECOWAS project”. Akufo-Addo argued that overall interest of member states should override individual national interest. “I believe that there are other considerations that we have to look at and examine to find a way so that we can live in this region in harmony and allow each one of us our national ambition to be fulfilled,” he added.

The chairman of the First Bank of Nigeria, Chief Oba Otudeko, affirmed that Akufo-Addo’s government’s economic policies, particularly banking reforms, had made the Ghanaian economy resilient.

Read more: https://www.dailytrust.com.ng/nigeria-benin-border-closure-big-blow-to-regional-integration-ghanaian-president.html

I don't know why Ghana Govt are wailing more than Benin and Niger.

Una dey hear abi. All those companies wey run leave obodo Niger go establish companies for Ghana with the sole aim of exporting back to naija we say fa fa fa foullll we no gree. Retrace your step back so our youths can be employed and we can grow our GDP. As for Toyota wey carry their plant go Ghana I just hope una no get plans to carry am enter naija? Cos we no gree. Time to stop this big brother nonsense and focus on the New Nigeria

It took you too long to make this complain. Nigeria has an analog president who doesn't understand anything shot of a FIAT like the nation is an aristocratic empire subject to his whims and desire without any debate of alternative measures

The border closure contravenes ECOWAS policy that permits the free flow of goods and people. If rice smuggling is what the border is been closed for, what about other legitimate businesses like shirt sellers, meat sellers and other commodity sellers that travel across the country to get their wares for sale.


Modern day macro economic principles advocates alternatives and multiple operational concepts for getting things done and picking the best available option, but border closure is so 1984 and does harm to Nigeria and other nation's economy.

To boost the economy goes well beyond border closure. Are there incentives to develop local ibdustries that goes side by side the border closure for example? Try applying for a federal government assisted grant/loan and see how frustrating the process is. And that one or two persons gets it doesn't make it the norm. Till what is exclusive becomes available to all, no through economic advantage can ever be derived from federal government assisted projects


The sum of the issue is the CBN governor has reduced to a stoogee, the ministers have become very very wicked with zero-people friendly policies, from increment in electricity tarruff that has escalated over 300% in the past five years, to the return of toll gates, to the increase in tax, to redundancy in infrastructural developments, to multiple taxation issues, to stamp duties. There are very little people-oriented incentives placed in place by this administration.

From senators huge pay. Lack of transparency in the financial reports of the presidential clique. Its all over everywhere, anarchy, autocracy, to trying to control the social media. Men who put heavy burden upon people but won't lift a finger to bear the same burden


One of the last projects that were institutited before this administration was the establishment of millions of tons of silos across five northern states, the massive availability of tractors and farm machinery, rice processing facilities grants, to this current administration that kicked off with the president heading to Kebbi and co distributing 6 billion to rice farmers immediately he took office , if all of these and more has been in place then the development of the local industry. Sad to say other business persons will have to choke and die from the fist approach to trying to develop rice industry or unless there are alternative reasons.


Recently Stallion, Dangote, Coscharis have all agreed to come together to setup 30,000 tons rice processing mills. Why not wait for this and previously licensed companies to commence or resume or improve capabilities. This administration continues its militarialistic approach to force its way through anything without considering effects of its decision


Open market policies continues to improve any economy/industry. Or we want to create more monopolistic industries like we did with cement,sugar and salt.

By the way, you all use ECOWAS passports.


Cc Raccon FarahAideed Bridget95 Naijamutant

kunleweb:
It took you too long to make this complain. Nigeria has an analog president who doesn't understand anything shot of a FIAT like the nation is an aristocratic empire subject to his whims and desire without any debate of alternative measures

The border closure contravenes ECOWAS policy that permits the free flow of goods and people. If rice smuggling is what the border is been closed for, what about other legitimate businesses like shirt sellers, meat sellers and other commodity sellers that travel across the country to get their wares for sale.


Modern day macro economic principles advocates alternatives and multiple operational concepts for getting things done and picking the best available option, but border closure is so 1984 and does harm to Nigeria and other nation's economy.

To boost the economy goes well beyond border closure. Are there incentives to develop local ibdustries that goes side by side the border closure for example? Try applying for a federal government assisted grant/loan and see how frustrating the process is. And that one or two persons gets it doesn't make it the norm. Till what is exclusive becomes available to all, no through economic advantage can ever be derived from federal government assisted projects


The sum of the issue is the CBN governor has reduced to a stoogee, the ministers have become

I expect you to mention something reasonable. Clothes?? Hell no we need to grow our textile industry. Meat ke? What was RUGA project all about? Oga so you want free flow of people and goods at our country's detriment? Hell no

Overall interest of member state should supercede the interest of Nigerians , in a Nigeria borders state? To slap this Ghana president just dey hungry me

Is Akufo just waking up?

Anyways, our air and sea borders are still opening.. Pass your goods via that channel

Ahmed0336:


I expect you to mention something reasonable. Clothes?? Hell no we need to grow our textile industry. Meat ke? What was RUGA project all about? Oga so you want free flow of people and goods at our country's detriment? Hell no

I'm bigger than you abeg. Shift. What incentives has been made to grow local textile industry. This isn't a person that do PDPAPC Muslim Christian bruhahah, I'm bigger than that. Once this president is been criticized, you carry stones and sticks. You may ignore my comments if you disagree or make your comments without quoting me

kunleweb:
It took you too long to make this complain. Nigeria has an analog president who doesn't understand anything shot of a FIAT like the nation is an aristocratic empire subject to his whims and desire without any debate of alternative measures

The border closure contravenes ECOWAS policy that permits the free flow of goods and people. If rice smuggling is what the border is been closed for, what about other legitimate businesses like shirt sellers, meat sellers and other commodity sellers that travel across the country to get their wares for sale.


Modern day macro economic principles advocates alternatives and multiple operational concepts for getting things done and picking the best available option, but border closure is so 1984 and does harm to Nigeria and other nation's economy.

To boost the economy goes well beyond border closure. Are there incentives to develop local ibdustries that goes side by side the border closure for example? Try applying for a federal government assisted grant/loan and see how frustrating the process is. And that one or two persons gets it doesn't make it the norm. Till what is exclusive becomes available to all, no through economic advantage can ever be derived from federal government assisted projects


The sum of the issue is the CBN governor has reduced to a stoogee, the ministers have become very very wicked with zero-people friendly policies, from increment in electricity tarruff that has escalated over 300% in the past five years, to the return of toll gates, to the increase in tax, to redundancy in infrastructural developments, to multiple taxation issues, to stamp duties. There are very little people-oriented incentives placed in place by this administration.

From senators huge pay. Lack of transparency in the financial reports of the presidential clique. Its all over everywhere, anarchy, autocracy, to trying to control the social media. Men who put heavy burden upon people but won't lift a finger to bear the same burden


One of the last projects that were institutited before this administration was the establishment of millions of tons of silos across five northern states, the massive availability of tractors and farm machinery, rice processing facilities grants, to this current administration that kicked off with the president heading to Kebbi and co distributing 6 billion to rice farmers immediately he took office , if all of these and more has been in place then the development of the local industry. Sad to say other business persons will have to choke and die from the fist approach to trying to develop rice industry or unless there are alternative reasons.


Recently Stallion, Dangote, Coscharis have all agreed to come together to setup 30,000 tons rice processing mills. Why not wait for this and previously licensed companies to commence or resume or improve capabilities. This administration continues its militarialistic approach to force its way through anything without considering effects of its decision


Open market policies continues to improve any economy/industry. Or we want to create more monopolistic industries like we did with cement,sugar and salt.

By the way, you all use ECOWAS passports.


Cc Raccon FarahAideed Bridget95 Naijamutant

Ghana should STFU

We shall remember them after South Africa

Just30 your president has started weeping

This id a typical example of the fencing during my secondary school days. All the students will labour to build a fence they actually know they will break.

The neigbouring countries can do well to be silent and allow Nigerians do the "fence-break". It is not yet time. Their comments on the border closure only make our government to puff. In reality, the reverse holds.

It is just a matter of time if only they can keep quiet.

[s]

helinues:
Is Akufo just waking up?

Anyways, our air and sea borders are still opening.. Pass your goods via that channel

[/s]

kunleweb:
It took you too long to make this complain. Nigeria has an analog president who doesn't understand anything shot of a FIAT like the nation is an aristocratic empire subject to his whims and desire without any debate of alternative measures

The border closure contravenes ECOWAS policy that permits the free flow of goods and people. If rice smuggling is what the border is been closed for, what about other legitimate businesses like shirt sellers, meat sellers and other commodity sellers that travel across the country to get their wares for sale.


Modern day macro economic principles advocates alternatives and multiple operational concepts for getting things done and picking the best available option, but border closure is so 1984 and does harm to Nigeria and other nation's economy.

To boost the economy goes well beyond border closure. Are there incentives to develop local ibdustries that goes side by side the border closure for example? Try applying for a federal government assisted grant/loan and see how frustrating the process is. And that one or two persons gets it doesn't make it the norm. Till what is exclusive becomes available to all, no through economic advantage can ever be derived from federal government assisted projects


The sum of the issue is the CBN governor has reduced to a stoogee, the ministers have become very very wicked with zero-people friendly policies, from increment in electricity tarruff that has escalated over 300% in the past five years, to the return of toll gates, to the increase in tax, to redundancy in infrastructural developments, to multiple taxation issues, to stamp duties. There are very little people-oriented incentives placed in place by this administration.

From senators huge pay. Lack of transparency in the financial reports of the presidential clique. Its all over everywhere, anarchy, autocracy, to trying to control the social media. Men who put heavy burden upon people but won't lift a finger to bear the same burden


One of the last projects that were institutited before this administration was the establishment of millions of tons of silos across five northern states, the massive availability of tractors and farm machinery, rice processing facilities grants, to this current administration that kicked off with the president heading to Kebbi and co distributing 6 billion to rice farmers immediately he took office , if all of these and more has been in place then the development of the local industry. Sad to say other business persons will have to choke and die from the fist approach to trying to develop rice industry or unless there are alternative reasons.


Recently Stallion, Dangote, Coscharis have all agreed to come together to setup 30,000 tons rice processing mills. Why not wait for this and previously licensed companies to commence or resume or improve capabilities. This administration continues its militarialistic approach to force its way through anything without considering effects of its decision


Open market policies continues to improve any economy/industry. Or we want to create more monopolistic industries like we did with cement,sugar and salt.

By the way, you all use ECOWAS passports.


Cc Raccon FarahAideed Bridget95 Naijamutant

The borders remains close, no amount of blackmail would make the government to open it. Legitimate business owners should use the seaport to convey their products

edoairways:

The borders remains close, no amount of blackmail would make the government to open it. Legitimate business owners should use the seaport to convey their products

Try speaking intelligently and you'll be taken serious

kunleweb:


Try speaking intelligently and you'll be taken serious

Try been logical you would be taken serious

border remain close........



use The sea or The air shekena..


Ghana want to ruin things here..

Nigerians sell PALM oil for 9k or 8k minus The keg

can you believe Ghanaians flooded The market selling theirs 6.5k plus the keg

this ECOWAS stuff Na major scam

How does closing the border improve the general economy of this Nation for heaven's sake?
Funding for Education not encouraging, health worse, security is nothing to write home about,every infrastructure that needs funding is in comatose. This was the same Buhari that chased ghanians away in the 80s. Every where he goes, impoverishment hunger and famine follows. The senators are still balling hard with the gigantic amount paid to them for a job not worked for. Money for fixing infrastructure is nothing to write home about.we want to stop importation of rice but still import fuel. Nigerias needs to open up not close up. This is not North Korea or Iran. Nigeria is just getting useless by the day.

kunleweb:



I'm bigger than you abeg. Shift. What incentives has been made to grow local textile industry. This isn't a person that do PDPAPC Muslim Christian bruhahah, I'm bigger than that. Once this president is been criticized, you carry stones and sticks. You may ignore my comments if you disagree or make your comments without quoting me

If you think you are bigger than me that's fine. I'm not on nairaland to compete nor advertise products that looks crafty.

It will be reopened soon

ken6488:
border remain close........



use The sea or The air shekena..


Ghana want to ruin things here..

Nigerians sell PALM oil for 9k or 8k minus The keg

can you believe Ghanaians flooded The market selling theirs 6.5k plus the keg

this ECOWAS stuff Na major scam

And you could not understand why? And feel closing the border is the way to address such economic trend?

Chei!!! It is a pity. We are in for the unknown. This is truly a #shithole