Despite the border closure policy put in place, the Nigerian government has allowed
According to Bloomberg, President
The revelations were made by Michel Puchercos, chief executive officer of
The news medium reported Mr Puchercos to have claimed that the development was made possible "through authorisation given by this administration."
Although the reasons for the concession remains sketchy Monday evening, the new development raises hopes that
Mr Puchercos explained that Dangote resumed land export with "restricted volumes," and plans to grow the trade using the sea channels.
Last year, the Nigerian authorities closed borders with neighbouring countries including
The government also said that the move would boost local production of rice and other goods.
The border closure policy became effective shortly after
The AfCTA agreement is projected to boost trade across the continent, host to a total population of about 1.2 billion people and a combined GDP of
When PREMIUM TIMES reached out to
Atedo Fumes
On Tuesday, the founder of
"Allowing legitimate exporters & importers to move their goods across the border should be a no-brainer," Mr Peterside tweeted.
"Why refuse everybody else & allow only one company (Dangote)? This is why some of us argue that the Nigerian economy is rigged in favour of a handful of well-connected persons."
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