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How 15-month border closure almost ruined private sector — Presidential panel

Share President Muhammadu Buhari ordered the reopening of land borders because of the very high inventory of unsold finished manufactured goods, especially those with market bases and significant presence in West Africa, which ultimately led to unemployment and poor credit rating. A presidential source told Nigerian Tribune on Sunday evening that the administration felt it had already made the point by signalling to some of the neighbouring countries that Nigeria would no longer sit by and allow some of the untoward economic onslaught against the country to go unchecked. After about 15 months of closure, Buhari was said to have realized that ordinary Nigerians and the private sector were taking the brunt of the action and this caused him to rethink the decision.

Why Buhari re-opened Nigeria s land borders — Presidential source

By Johnbosco Agbakwuru -Abuja The harsh economic situation occasioned by the outbreak of the coronavirus pandemic and negative impact of the border closure on the private sector and the ordinary Nigerians made President Muhammadu Buhari to order the re-opening of shut land borders, a top Presidency source has revealed. The top Presidency source who spoke on the condition of anonymity on Sunday, said that President Buhari had to order for the immediate re-opening of four land borders upon realization that ordinary Nigerians and the private sector were taking the brunt of the closure. Besides, the President was convinced that the Federal Government had already achieved its strategic purpose for the closure which was to signal Nigeria’s dissatisfaction regarding some of the criminalities taking place around the borders.

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