The closure of the Nigerian borders, which has been in effect for more than a month, is not without consequences for Nigeria. Mr. Buhari’s country is also suffering from its own measures, which also influence the economies of neighbouring countries.
Au Nigéria, la décision prise par les autorités pour fermer les frontières génère des frustrations dans le pays. Si l’homme d’affaire Aliko Dangote plaide pour la promotion d’une diplomatie qui n’écarte pas pour autant les conditions fixées par le Nigéria pour l’ouverture des frontières, les acteurs du secteur du riz et les commerçants fortement touchés, veulent la levée imminente de ces mesures protectionnistes.
Indeed, since the border closures, which in particular blocked rice imports and smuggling, Nigeria, which is a major rice consumer, has been facing soaring prices. According to a source contacted by the editorial staff of BENIN WEB TV on Saturday September 21th, 2019, the price of rice, which was 9,000 naira (14,500 FCFA for the 50 kg bag), has risen by more than 30% in some Nigerian states. This has caused consumer anger. The same is true for rice transporters and some traders who took advantage of the smuggling of adulterated gasoline. The latter find themselves without money to pay for their children’s school fees.
Nigerians, first victims…
According to statistics, local rice production (4.78 million tonnes in 2018) is far from covering the needs of the 190 million Nigerians who are fond of this basic food. In addition, local rice, which is not very appreciated because of its high price, leaves nothing to be desired for its quality.
Nigerians are the first victims of “this extreme level of protectionist policy,” said Adedayo Ademuwagun, an analyst for the Lagos-based research firm Songhai, reported by AFP.
The Alagbole market in Ogun State under the shock of the soaring rice price…
In a Legit TV report, several Nigerians expressed their disagreement with the closure of the country’s borders because of the negative effects it would have on the price of goods on the market. The channel also visited the Alagbole market in Ogun State and the results are clear. The desolation of merchants is at its height, particularly with the rise in prices. Traders feel that things are no longer moving forward in the market as they have families to feed, and to pay for their children’s school fees. According to a rice seller, the price has risen from N14,000 to N20,000 or more since the closure of the borders with Benin on August 20th, 2019.