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Nigeria to abide by agreement reached with neighbours on border reopening

Last updated: March 4, 2020 11:07 am
6 years ago
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2 Min Read

President Muhammadu Buhari on Tuesday expressed willingness of his administration to implement the decision of the tripartite committee, made up of Nigeria, Benin and Niger Republics, on the partial closure of the country’s land border as soon as the report is received.

Speaking at an audience with the outgoing President of the ECOWAS Bank for Investment and Development, EBID, Bashir Mamman Ifo, and his successor, George Nana Donkor, at the Presidential Villa, President Buhari explained that the partial closure had given Nigeria a number of insights. 

The Nigerian leader in a statement issued by his Senior Special Assistant on Media and Publicity, Garba Shehu, said Nigeria has saved millions of dollars.

Read Also: Nigeria signs Visa Waiver Agreement with Ethiopia

He added that the country realised that it does not have to import rice as it has achieved food security.

President Buhari thanked the outgoing ECOWAS Bank President for the improvements recorded during his 8-year tenure and urged his successor to build on those achievements.

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The outgoing bank chief informed the President that the bank had been transformed from loss-making to profit, with commitments from ECOWAS member-states doubling to 1.4 billion dollars. 

Read Also: Buhari sacks NDDC acting Managing Director

Donkor, the incoming president, thanked the Nigerian leader and its people for their support in his emergence.

He gave credit to President Buhari’s economic strategies captured under the Economic Recovery and Growth Plan, ERGP, noting that it has brought about economic recovery, stability and food security in the country.

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He pledged total commitment to partnering with Nigeria towards achieving rapid development in the country and the rest of West Africa.

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