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How Nigerian Traders Lose N13bn Weekly Due to Niger Border Closure

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Amazin Zion

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Nigerian traders have expressed their outcry through the Arewa Economic Forum urging the federal government to create a platform way traders can relate with citizens in Niger Republic.

This comes as the traders' group claims that its members lose roughly N13 million each week due to weekly border closures with Nigeria. Why they decried the Niger coup, the farmers urged the federal government to avoid harming innocent Nigerians to punish the Niger military dictatorship.

The Nigerian government blocked all land crossings with Niger on August 4, 2023, as part of sanctions imposed on the ECOWAS member nation after the July 26 military coup.

Kebbi, Sokoto, Zamfara, Katsina Jigawa, Yobe, and Borno are among the northern Nigerian states that share a 1,608-kilometer border with five areas of the Niger Republic.

Alhaji Ibrahim Danda-Kate, Chairman of the Arewa Economic Forum, stated that Nigerian authorities should consider the implications of any border closure with Niger for Nigeria and other bordering countries.

He stated that Niger is a commercial gateway to Mauritania, Mali, and other Nigerian trading partners.

Read more: https://www.investingport.com/how-nigerian-traders-lose-n13bn-weekly-due-to-niger-border-closure/