By Sabiu Abdullahi
Nigeria has reopened its land and air borders with the Niger Republic, signalling an end to the sanctions imposed on the country earlier this year.
The decision to lift sanctions follows a similar move by the Economic Community of West African States (ECOWAS) just days ago.
The closure of the borders, which began in January 2024, was a response to security concerns along the Nigeria-Niger border.
However, with the situation apparently improving, both Nigeria and ECOWAS have decided to reopen the borders, facilitating trade and movement between the two countries.
This is a positive development for the economies of both Nigeria and Niger. The free flow of goods and people across the border will boost economic activity and strengthen relations between the two countries.
Consequently, 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 a freeze of all service transactions, including utility services and electricity to the 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.
“Travel bans on government officials and their family members,” the statement read.
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