Why I Closed Land Borders, President Buhari Gives Important Reason
- Nigerian leader, President Muhammadu Buhari has justified the closure of land borders for two years
- According to Buhari, he made the decision for the benefit of farmers and also a bid to shun the importation of foreign rice
- Meanwhile, the closure of the land borders has led to the increment in the cost price of imported goods, especially foreign rice, which is sold from N31,000 in major markets across Lagos state
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On Friday, July 15, President Muhammadu Buhari, in Daura, Katsina state, said he decided to close land borders for two years for the benefit of farmers.
According to a report by Vanguard, the president has also lauded the nation’s farmers for the record production of rice and other food commodities, expressing satisfaction that the agricultural policies of the administration are working to good effect.
Source: Original
Buhari gives further details
The Nigerian leader said his administration had taken various decisions, including the closure of land borders to encourage local farming for the nation, The Guardian added.
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Speaking to the elected local government council chairmen from Katsina state on a visit to pay homage to him marking the Sallah, President Buhari said:
“I have a good understanding of the country and its people. That is why we instituted those agricultural policies. I said we must grow what we eat and eat what we grow.
“This is a country that was once dependent on foreign rice. We closed the border to foreign rice. I said why can’t we eat Nigerian rice, and with the policies put in place, Nigerians are eating home grown rice.”
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With the present market condition, nothing seems to have changed in the country as food prices continue to soar.
Saddened by this development, the traders in the market are seeking the true one who would turn around the nation’s economy from the further collapse in the forthcoming general elections.
At the market this week, some seasonal goods are expensive and others fluctuating. According to checks by Legit.ng, the price variation is informed by the exchange rate, the security situation of the country and the grappling economy.
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A lot is happening in the polity, but the market situation seems to take a different turn following unstable prices of goods.
Checks by Legit.ng at the Ketu market and Balogun market showed the hike in the cost price of some basic food items and the fluctuation of seasonal items in wake of Ramadan.
The rise and fall in the cost price of some goods in the market are influenced greatly by some factors in the nation's economy. This however the market situation positively and negatively.
Source: Legit.ng
