According to report reaching OYOGist.com, the Federal Government of Nigeria has exempted the Dangote Group from the import and export border ban. The Dangote Cement has now been allowed to resume export across the Nigerian borders.
This move comes in despite the Federal Government closing its border activities for over one year.
However, the move has raised hopes that Nigeria may be opening up trade with neighbors after a year-long blockade to border trade activities.
Nigerian government decided to close borders with its neighbouring countries including Benin and Niger to curb smuggling and also to boost local production in the country.
Although the blockade encouraged the consumption of locally grown produce such as rice while the move hurt factories across West Africa, which rely on Nigeria’s market of over 200 million population.
