In August 2019, President Muhammadu Buhari ordered closed Nigeria’s land border with Benin and in an effort to prevent the importation of goods. The Presidents move has significantly affected trade in foodstuffs causing a rise in prices of food.
In a recent move, President Muhammadu Buhari has approved a waiver for Dangote Group to have special access across Nigerian borders into other West African countries. This was reported on Monday by Bloomberg citing an official disclosure.
Dangote Group’s Michel Puchercos confirmed this development and revealed that the company will now be able to export cement to Togo and Niger as a result of the authorization given by the Buhari administration.
What has remained uncertain is why the President would single out Dangote for commercial clearance to carry out business across borders that have been shut since August 2019.
Recall that the administration argued that rhe closure will improve and allow consumption of homegrown farm crops and products. The closure left thousands of people stranded because no announcement was made before the implementation.
The border closure has been met with criticism from leaders of other West African countries who argued that Nigeria’s action undermined the Spirit of the free trade agreement.
While Dangote’s waiver could open the way for other businesses to apply for special concessions to export products, what remains unanswered is why it has to be Dangote at first.