President Muhammadu Buhari says the closure of Nigerian land borders for a limited period due to massive smuggling is already yielding positive results for the economy. The President stated this when he received a delegation from the Nigerian Association for Chamber of Commerce, Industry, Mines and Agriculture at the State House, Abuja, today.
President Buhari said the closure was necessitated by the lack of adherence to business ideals by various stakeholders which was detrimental to the country and its people. He said that within a few short weeks of closing the borders, the government is already seeing a decline in the volumes of counterfeit smuggled goods in some major markets across the country.
The President said everyone must play by the rule when it comes to trade and business activities that are central to Nigeria’s economic development. He added that his administration would ensure that the trade and business sector continues to flourish in job creation.
He urged the Association to continue its ‘‘positive and patriotic contribution’’ towards achieving a free trade area that employs Africans to produce quality made-in-Africa products.