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The Federal Government of Nigeria has been urged to provide the necessary infrastructure that would facilitate exports of local produce through the land borders
The Federal Government of Nigeria has been urged to provide the necessary infrastructure that would facilitate exports of local produce through the land borders. The suggestion was made by the Executive President of, the West African Association for Cross-Border Trade, in Agro-forestry-pastoral, Fisheries Products and Food (WACTAF), Alhaji Salami Nasiru Alasoadua, during a meeting with the Nigeria Export Promotion Council (NEPC). He said that several border locations in Nigeria are lacking infrastructures such as good roads, standard markets, hospitals, pipe-borne water, and other facilities that could aid cross-border trade.
Salami also bemoaned the insecurity in border locations, which is jeopardizing the lives of traders and ultimately hindering cross-border trade. Hen said to increase exports the government should give serious attention to the activity of cross-border trade. Export trade is influenced by several factors, including accessibility to the market area in neighboring countries. It is primarily determined by the transportation system, specifically cross-border freight among others.
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Salami said that no country can survive in isolation. Cross-border trade occurs due to the availability of sellers and buyers between countries and involves transactions and movements through an inter-country road. Several border markets in South-West, South-South, North Central and North-East were currently booming with trade but required the government’s intervention to the required standard for international trade, he added.