- ECOWAS Parliament has reportedly supported Nigeria’s decision to close its land borders
- The new development was made known by Ahmed Wase who is the first deputy speaker of the ECOWAS parliament
- Wase said Nigeria is already recording gains from the temporary closure of the land borders and will not reopen the borders until the neighbouring countries play by the rules
ECOWAS parliament has reportedly backed Nigeria’s decision to close its land borders in a bid to curb smuggling and other forms of illegal trade being done by neighbouring countries.
Premium Times reports that Ahmed Wase, who is the first deputy speaker of the ECOWAS parliament, said ECOWAS has adopted Nigeria’s position on the border closure.
Legit.ng gathered that the new development was made known by Sadiq Ibrahim, who presented Nigeria’s country report on behalf of Wase, during the second ordinary session of ECOWAS Parliament on Wednesday, November 27.
Wase said Nigeria is already recording gains from the temporary closure of the land borders.
According to him, the country's security has improved since the closure of the borders.
Wase added that the aim of the border closure is to aid local manufacturers.
According to him, Nigeria will only re-open its land borders when its neighbouring countries fully abide by the ECOWAS Trade Liberalisation Scheme (ETLS).
The ELTS is the agreement that binds all member states of ECOWAS together and it was put in place to promote the entrepreneurial and economic development of the region.
Reports, however, indicate that the neighbouring countries have breached the agreement.
Meanwhile, indications have emerged that Nigeria might suffer some economic consequences following the closure of all land borders.
This is as ECOWAS countries, according to Obiora Madu, the head of Multi-mix Academy, an export-oriented institution, have started rejecting Nigerian goods in their territories.
Madu revealed to journalists that the ECOWAS nations are making the retaliative move against Nigeria because the border closure is negatively affecting their businesses.
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