The Federal government has given conditions that ECOWAS Member States must adhere to before reopening its border, including that the 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-Ministerial meeting Preparatory to the Tripartite Anti-Smuggling Committee Meeting of Nigeria, Benin and Niger.
He said that the conditions were spelt out by the country’s inter-ministerial committee to protect the nation’s economy by stopping dumping.
Onyeama listed other conditions to include that any import coming into Nigeria must retain its original packaging from the country of origin.
He stated that the standard was for it to be accepted within the framework of the Economic Trade Liberalisation Scheme that ECOWAS countries have to promote trade amongst members.
Onyeama explained that the value addition of 30 per cent was to avoid situations where countries outside the ECOWAS region would merely export goods into ECOWAS member states, repackage as coming from ECOWAS member states with little value addition and exported to Nigeria.