The reopening of the countrys border to the neighboring countries is yet to be decided by the Federal Government.
Due to an exercise code – name Operation Exercise Swift Response, the Federal Government had in August closed its border.
This has resulted in joint border response by a cambined team of agencies to a mixed reactions from stakeholders.
furthermore,some stakeholders described the closure of border as a setback, while others describe it as a the right thing to do to bring about positive change for the Africa Continental Free Trade Agreement.
The Minister of State for Industry, Trade and Investment during a chat with the journalists on monday in Abuja, stated that the Federal Government had held strategic meetings with Niger and Benin Republic to come to an agreement on modalities for the reopening of the border.
The minister said one of the breakups of the meeting was creating a joint border patrol team constituted by security personnel from customs, airforce and other security agencies.
She said the resolution for the border to be reopen would be categorised on the recommendations from the patrol team on whether Benin Republic and Niger have agreed with the trade protocols.
She also said that , they held a meeting with the three countries and they agree to operate a joint border patrol and that the border patrol should include the custom, all the security agencies and make sure they follow the protocol laid by ECOWAS.
November 25, the committee met and agree that they will recommend a date for the border to be reopen only when they are sure that all the countries are respecting all the ECOWAS Protocol.
The minister is presently carrying out a review of the countrys trade poligy as well as the Nigeria Industry Revolution Plan to show present economic realities- The Minister of Trade and Investment, Richard Adebayo.
Furthermore, he stated that self propelling policy is being carried out, suggesting that a meeting would be held with stakeholders in the uto sector on the 28 of January to have their input on the poligy.
The Minister of Trade and Investment also said that after the stakeholders meeting, the excos will present a bill to the National Assembly for the policy to be law.