Nigeria’s President Muhammadu Buhari has approved the extension of the closure of Nigeria’s land borders to January 31, 2020. However, criticism has trailed the border has many Nigerians lamented the high price of food commodities like rice, poultry, and vegetable oils. The country’s inflation numbers also became the first casualty of policy-induced pressure with a 0.22 percent rise to 11.24 percent in September, against 11.02 in August. But the Central Bank of Nigeria’s governor, Godwin Emefiele, said the closure of the land borders has helped create “jobs” and improved the country’s economy. “So when you asked, what is the benefit, the benefit of the border closure on the economy of Nigeria, I just used two products – poultry and rice,” Emefiele said in Abuja after meeting President Muhammadu Buhari on October 28 .

Source: The Guardian November 03, 2019 11:15 UTC