The candidate for the governorship of the Democratic Party of Action (ADP) in Lagos state, Babatunde Gbadamosi, says that the continued closure of land borders by the federal government led by President Muhammadu Buhari would undermine the country’s economy.
Latest Nigeria newspaper report that The business magnate gave the warning Wednesday in Lagos, while talking to journalists. On November 1, President Muhammadu Buhari approved the extension of the operation called the Rapid Response Exercise.
But Gbadamosi said the closure was having adverse effects on citizens in both Nigeria and neighboring countries.
“It is clear that the agenda behind this is not completely for economic growth, because it will affect people’s income capacity. If that happens, many people will not be able to meet their needs,” said NAN.
“Consequently, many sectors of the nation’s economy will be affected within and in neighboring countries that have accumulated large doses of subscriptions in us.
“The closure will more or less affect the economy, rather than improve it. The government needs to open the economy in a way that attracts more commerce and industries.”
Gbadamosi said there were many ways to close the borders to control arms smuggling and crimes such as banditry without total closure.
Latest Nigeria newspaper report that He urged Nigeria to follow the example of developed countries with strict border controls without total blockade. If the government is acting against smuggling with the closure, there are ways to do it without affecting our people.
“During the era of former President Olusegun Obasanjo, the borders were closed for a period of time due to cross-border bandits who ran to the Republic of Benin.
“But between a few days, they were arrested and handed over to the authorities and the borders were reopened. Smuggling still continues during that period, but it didn’t affect our economy, because it was well controlled.
“In fact, that was the period in which we experienced the highest rate of sustainable growth, because the country allowed trade to continue and customs officials were also doing their job effectively,” Gbadamosi said.