Business News of Sunday, 12 January 2020Source: theafricareport.comBorder control Flour Mills of Nigeria backs closure of border with BeninFlour Mills of Nigeria Chairman John Coumantaros [left] and President Muhammadu Buhari. The border closure is “just asking the neighbours to play by the rules they agreed to. That issue will become even greater,” when the free trade area comes into effect, he said. The closure is seen as an obstacle to the implementation of Africa’s free trade agreement, which comes into effect on July 1. Flour Mills of Nigeria’s (FMN) own food production in the late-2019 down season period was higher as a result of the border closure and the lack of smuggled produce, he added.

Source: GhanaWeb January 12, 2020 18:00 UTC