President Muhammadu Buhari had, last year, ordered the closure of the land borders with Benin Republic and other neighbouring countries, to curtail smuggling activities and illicit trade.
During the 2020 Presidential Policy Dialogue of the Lagos Chamber of Commerce and Industry , Osinbajo said the decision to close the borders was not absolute, adding that government was in talks with the OPS and other critical actors to see how the order could be reviewed. Her words: “These are surely not the best of times for the Nigerian economy and our businesses as the effect of COVID-19 has been very profound. The short-term outlook of the key economic indicators is not looking bright. However, we are hopeful that we would turn the corner sooner than later.”
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