Tag: Muhammadu Buhari
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Nigeria’s border will be reopened upon ECOWAS’ recommendation – Prez. Buhari
The President of Nigeria, Muhammadu Buhari, has appealed to neighbouring countries in the West African sub-region to exercise restraint over the continuous closure of Nigeria’s border with Benin which has affected countries such as Ghana. He says the borders will only be reopened upon recommendations from the Economic Community of West African States (ECOWAS). His…
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Nigeria begins talks with major oil firms over oil revenue dispute
The Nigerian government and international oil companies are trying to find common ground on a dispute over oil revenues. Citing a 2018 Supreme Court decision, the government says it is entitled to $62 billion from companies after they failed to comply with a 1993 law that gives the state a larger share of revenues when…
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Nigeria, Benin in trade dispute two months after signing ACFTA
Two West African countries, Nigeria and Benin are embroiled in a trade dispute two months after signing an agreement to free up the movement of goods and services in Africa. Nigerian President Muhammadu Buhari ordered the partial closing of its border with Benin last month to curb smuggling of rice and other commodities. The blockade…