FG Gives Conditions For Reopening Land Borders - Liberty TV/Radio - News - Voice For All! Vision For Alll!
Publisher (F.BA)
November 5, 2019
The Federal government has given conditions thatECOWAS Member States must adhere to before reopening its border, including thatthe ECOWAS states must respect the Rule of Origin for imports.
The Minister of Foreign Affair, Geoffrey Onyeama,made this known in Abuja while briefing newsmen following an Inter-Ministerialmeeting Preparatory to the Tripartite Anti-Smuggling Committee Meeting ofNigeria, Benin and Niger.
He said that the conditions were spelt out by thecountry’s inter-ministerial committee to protect the nation’s economy bystopping dumping.
Onyeama listed other conditions to include that anyimport coming into Nigeria must retain its original packaging from the countryof origin.
He stated that the standard was for it to beaccepted within the framework of the Economic Trade Liberalisation Scheme thatECOWAS countries have to promote trade amongst members.
Onyeama explained that the value addition of 30 percent was to avoid situations where countries outside the ECOWAS region wouldmerely export goods into ECOWAS member states, repackage as coming from ECOWASmember states with little value addition and exported to Nigeria.