Nigeria opens land, air borders with Niger, lifts financial sanctions against Guinea 

Image caption: President Tinubu

Nigeria opens land, air borders with Niger, lifts financial sanctions against Guinea

 

Khalid ABRAHAM

 

President Bola Tinubu has directed the opening of Nigeria’s land and air borders with the Republic of Niger and the lifting of other sanctions against the country with immediate effect.

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This directive contained in a press statement signed by Chief Ajuri Ngelale (Special Adviser to the President on Media & Publicity) is in compliance with the decisions of the ECOWAS Authority of Heads of State and Government at its extraordinary summit on February 24, 2024, in Abuja.

 

ECOWAS leaders had agreed to lift economic sanctions against the Republic of Niger, Mali, Burkina Faso, and Guinea.

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The President has directed that the following sanctions imposed on the Republic of Niger be lifted immediately, closure of land and air borders between Nigeria and Niger Republic, as well as ECOWAS no-fly zone on all commercial flights to and from Niger Republic, suspension of all commercial and financial transactions between Nigeria and Niger, as well as freeze of all service transactions, including utility services and electricity to Niger Republic, freeze of assets of the Republic of Niger in ECOWAS Central Banks and freeze of assets of the Republic of Niger, state enterprises, and parastatals in commercial banks, suspension of Niger from all financial assistance and transactions with all financial institutions, particularly EBID and BOAD and travel bans on government officials and their family members.

 

President Tinubu has also approved the lifting of financial and economic sanctions against the Republic of Guinea.

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Recall that ECOWAS imposed the sanctions following military coups that toppled civilian governments in the aforementioned West African countries.

 

The borders’ closure against Niger is believed to cause partly the hike in prices of food items in Nigeria in recent times which had triggered excruciating hardships.

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