Agriculture
FG to close Seme, Idiroko borders over rice smuggling
The Federal Government has threatened to shut some, Idiroko land borders if the smuggling of rice continues from neighbouring countries.
The Minister of Agriculture and Rural Development, Chief Audu Ogbeh, gave the warning while addressing newsmen in Abuja on some of the federal government’s achievements in the agriculture sector in the last two years.
He said the decision had become necessary to encourage local rice farmers and to enable the country achieve self sufficiency in rice production by 2018.
According to Ogbeh, “We believe they are determined to sabotage the efforts that we are making to guarantee self sufficiency in rice and to save foreign exchange which we don’t have.
“They insist on bringing in rice through the land borders, avoiding the duties and the levies we put on them and they are definitely bent on sabotaging our efforts and we are getting increasingly unhappy with them.
“And I must say that very soon, if they persist, we will take very nasty measures against them.
“We will like to advise our neighbours, who believe that the ECOWAS treaty means that Nigeria is a volunteer nation for economic suicide.
“We have no such plans, destroying our own economy to make any neighbour happy.
“The ECOWAS treaty number two does not suggest that any country can be an avenue for smuggling foreign goods not produced in that country for dumping in his neighbours territory.
“If they insist, I do not think that government is far away from considering permanently closing certain borders very near to us and when we do, nothing will make us change our minds on the issue, ECOWAS treaty or not.”
-
Oil and Gas1 day agoNUPRC vows not to approve divestments that doesn’t meet considerations
-
Finance1 day agoCardoso seeks collaboration to check cross‑border financial risks
-
Oil and Gas1 day agoIran eases Strait of Hormuz transit rules amid oil shock
-
Oil and Gas1 day agoCourt orders forfeiture of $13m linked to Aisha Achimugu’s firm
-
Oil and Gas1 day agoOil falls as reports of 15-point proposal spurs ceasefire hopes
-
Economy1 day agoNigeria to launch trade platform at ports as part of reform push
-
Finance1 day agoCourt nullifies CBN’s regulatory intervention in Union Bank in 2024, rules it acted beyond its powers
