Widget Recent Post No.

Monday, 4 November 2019

Nigeria is a big market but traders mull options amid prolonged border closure


Traders in markets along Nigeria’s western borders are weighing their options amid a four-month border closure by the West African powerhouse.

They say the prolonged closure has taken a toll on commercial activity as stocks deplete.

Since they cannot bring goods across the border from Nigeria, the traders say they may fall on the Gulf trading hub, Dubai or to restock.

“Nigeria is a big market…but they are just an entity and cannot dictate to us,” an affected trader told JoyNews’ Gifty Andoh Appiah.

Meanwhile, Ghanaian traders affected by the border closure have asked the government to retaliate.

The government of Nigeria ordered the closure in August; a move which authorities say is to stop the smuggling of rice and other food products across the border.

No comments:

Post a Comment