Emefiele - Borders Will Remain Closed for Two Years

The Nigerian border may remain closed for two years according to a speech delivered by the governor of the Central Bank of Nigeria (CBN) Godwin Emefiele. The borders were closed some months ago due to smuggling activities.

The Nigerian government may have something bigger under its sleeve for closing the borders. It has even attributed the decreased rate of banditry in the country to the border closure.

It implies that the government believes that closing the border is a security measure. The Comptroller General of Customs Hameed Ali had given a very different version of the story claiming that the borders were closed to promote local industry and stop dumping of harmful products into Nigeria.

At the convocation ceremony of the Edo State University Iyamho, Auchi was he was a speaker, he maintained that banditry will be a thing of the past if te borders remained closed for 2 years.

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