Nigeria border closure: Businesses complain of revenue loss

Nigeria border closure: Businesses complain of revenue loss

The government says it wants to stop smugglers and criminals who pose a threat to the country and its economy and will keep the borders closed for now.

Business owners in Nigeria are complaining they have lost hundreds of millions of dollars since the government closed a border crossing with neighboring Benin.

knowing that Nigeria has a big market for rice, it has cause loses to restaurants, hotels and so on.

however serious inflation of goods is happening in Nigeria. The price of rice has rise to its highest in some areas in Nigeria making it had for consumers to buy rice. Other food stuffs like beans, yam, oil etc. people are not given enough alternative before the borders were close and this has caused a lot of disadvantage to consumers and even those involve in rice selling.

Authorities say they are trying to stop illegal goods being smuggled in.

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