Like Dangote Cement, Nigerian Government Exempts BUA Cement From Land Border Closure


Just like Dangote Cement, the Nigerian Government has given approval to BUA Cement owned by another Northerner, Abdulsamad Rabiu, to resume exports across its land borders.

Recall that Michel Puchercos, Managing Director of Dangote Cement, had on Monday informed investors that the company had resumed cement export to Niger and Togo in a controlled measure following a waiver from the government.

BUA's Abdulsamad Rabiu.

In an internal memo signed by Dimka V.D, Custom Comptroller (Enforcement, Hqtrs) on behalf of Deputy Comptroller-General (E,I&I) and seen by SaharaReporters, the Nigerian Government approved the movement of BUA Cement trucks to Niger Republic.

“I am directed to forward herewith a letter from the Office of The National Security Adviser referenced NSA/227/C dates 17th June, 2020 on the above subject matter.

“The trucks will exit and return through Illela Border station in Sokoto State.

“Attached herewith is a list with names of drivers and truck license numbers and other relevant details for ease of reference.

“This is forwarded for information and strict compliance, please,” the memo addressed to Custom Zonal Coordinator in charge of Sokoto/Zamfara commands read. The memo.

Reacting to the development, Atedo Peterside, founder of Stanbic IBTC Bank Plc, said, “Allowing legitimate exporters and importers to move their goods across the border should be a no-brainer. Why refuse everybody else and allow only one company (Dangote)? This is why some of us argue that the Nigerian economy is rigged in favour of a handful of well-connected persons.”

 

Abdulsamad Rabiu and Aliko Dangote.

In October 2019, President Muhammadu Buhari had ordered the closure of land borders to curb the smuggling of arms, food items and hard drugs into the country.

The closure, which is meant to boost local production and strengthen security, has taken a significant toll on neighbouring countries such as Togo, Ghana and Cote D’Ivoire, who rely on Nigeria’s market of over 200 million people for survival.

Nigerian businesses have also not been able to export their products through the land borders as a result of the closure.




Follow us on twitter (ajuede.com) or on Instagram (ajuedeman) for details of the global situation presently.

Comments

Popular posts from this blog

Dr. Vladimir Zelenko has now treated 699 coronavirus patients with 100% success

ORIGIN OF THE AKAN

GARDEN OF EDEN FOUND IN AFRICA

THE HISTORY AND ORIGIN OF THE ZULU PEOPLE

FIVE WAYS A WIFE CAN REST HER HUSBAND ON HER

BRIEF HISTORY OF NKALAHA.

MYSTERY OF IGBO COSMOLOGY

THE ORIGIN AND HISTORY OF UDI by Onyeji Nnaji

THE ORIGIN AND HISTORY OF NSUKKA by Onyeji Nnaji

ETHIOPIA:THE OLDEST PEOPLE IN THE MIDDLE EAST