The Senate has presented commendation to the Federal Authorities pursuing the momentary closure of all land borders to address smuggling and its effect on the Nigerian financial system.
The commendation arrived following the consideration of a movement titled: “The influence of border closure on the Nigerian economy”, sponsored by Senator Adamu Aliero (APC, Kebbi Central) at Wednesday’s plenary.
ChannelsTV reviews that the Senate, in its resolutions, urged the Nigerian Customs Services and safety companies to intensify the curbing of smuggling throughout the borders and confident them of the higher chamber’s assistance in their onerous activity of ridding Nigeria off smuggled products and solutions.
Senator Aliero in his argument said that, “Fuel smuggling has appreciably minimized therefore preserving the nation billions of scarce overseas exchange used by the Nigerian National Petroleum Company to import gas into Nigeria.”
Aliero famous that smuggling of textile and vegetable oil imported from Malaysia via the land borders has negatively afflicted regional manufacturing and grounded it to a halt.
“The Federal Government’s motion has led to the revival of area generation of vegetable oil, and elevated employment generation,” the senator reported.
Recall that Newswatch.ng earlier reports that the Comptroller Normal, Nigeria Customs Assistance (NCS), Rtd Col. Hameed Ali, states Nigeria’s borders will continue being closed until the nation and its neighbours agree on existing ECOWAS protocol on movement.
Ali pointed out that there was no agreed time for the reopening of the borders which will continue to be closed until current ECOWAS legislation are followed by neighbouring nations around the world.
Meanwhile the temporary closure of the border amongst Nigeria and Republic of Benin has led to an improve in the price tag of petrol from the formal rate of N145 to N350 per litre in some border communities in Ogun.
The common ruler of Iwoye Ketu, Oba Ademola Alaye, stated in a statement in Abeokuta that the border closure was currently hampering social and economic activities of the people today living in the impacted communities.