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Zainab Ahmed, Minister of Finance, Budget and National Planning, has remarked that the Federal Government’s decision to close Nigeria’s land borders is the boldest decision ever taken by any administration to curb insecurity, smuggling and kidnapping.
Ahmed said the decision has impacted Nigeria’s economy in a positive way and its spillover effect is evident in other sectors such as manufacturing, livestock, among others.
The Minister made the remark at a news conference organised by the Finance Ministry in Abuja to herald the 26th National Economic Summit on Thursday.
“At the national level, the closure of the land borders is one of the boldest decisions ever taken by any administration to curb insecurity, smuggling as well as kidnapping,” she said.
“This has in a positive way impacted Nigeria as we are closer to attaining self-sufficiency in rice production than at any time in point of history in our country.
“This spillover effect is also evident in other sectors, such as manufacturing, livestock, among others. This also provides an opportunity for the private sector to leverage increased local content and expand their businesses,”
