OYOGist.com has learned that the Nigerian Association of Chambers of Commerce, Industry, Mines and Agriculture (NACCIMA) has commended the Nigerian federal government on its proposed plan to reopen the Nigerian land borders.
This was made known by the DG, NACCIMA, Amb Ayo Olukanni, who stressed that the border reopening would positively affect the African Continental Free Trade Agreement.
Amb. Olukanni stated that “the decision to reopen the land borders is really a good news and in line with what NACCIMA has been advocating. As a major economic player in our sub-region, this will also help our image and decision to use trade across our borders, a tool to increase our foreign exchange and Gross Domestic Product.”
“At a time of the search for strategic options to work our way out of recession, this is also good news. Also in the context of our ratification of the AfCFTA, this is a step in the right direction and an indication of our readiness to effectively trade under the agreement.”
Its should be recalled that the Nigerian Minister of Finance, Budget and National Planning, Mrs Zainab Ahmed, had earlier hinted at the federal government’s plan towards the reopening of the Nigerian land borders.