Nigeria and Benin are in a trade dispute, despite AfCFTA
Just months after signing the African Continental Free Trade Area Agreement, Nigeria has closed boundary with Benin to curb smuggling of rice and other commodities
25 September 2019 - 13:26
Accra/Abuja — Nigeria and Benin are embroiled in a trade dispute two months after signing the African Continental Free Trade Area Agreement (AfCFTA) to free up the movement of goods and services throughout Africa.
Nigerian President Muhammadu Buhari ordered the partial closing of its boundary with Benin last month to curb smuggling of rice and other commodities. The blockade has had a ripple effect across West Africa, with factories and traders struggling to import key raw materials and having to use alternative routes for their exports, according to the Lagos Chamber of Commerce...
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