Continued Border Closure, An Error – ACCI Laments

The Abuja Chamber of Commerce and Industry (ACCI) has faulted the continued closure of Nigeria’s land borders.

 

News Rain Nigeria learned that the President, Abuja Chamber of Commerce and Industry (ACCI) Adetokunbo Kayode on Tuesday said the Federal Government was making an economic error by its continued closure of Nigeria’s land borders.

Speaking at a press briefing in Abuja ahead of the forthcoming Abuja International Trade Fair, Kayode said the Chamber believed the closure is having a negative impact on the economy.

 

Continued Border Closure, An Error – ACCI Laments

 

The ACCI president noted that Nigeria’s economy must be diversified to avoid crashing into more economic recessions in the future.

He also urged the Federal Government to open up the country’s borders, stressing that it was a matter of urgency considering the impact it would have on the African Continental Free Trade Area agreement.

 

Kayode argued that the Federal Government did not consult the people in Nigeria’s business community extensively, stressing that private sector operators would have made gainful inputs.

“The Federal Government should open up the borders because we have signed the AfCFTA agreement and closing the borders would not mean well considering the agreement,” he said.