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Nigeria: President Tinubu Signs Tax Reform Bill Into Law

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First with the News

Nigeria: President Tinubu Lift Sanctions, Reopens Border With Niger

March 13, 2024
in Top Stories, World
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Nigeria: President Tinubu Signs Tax Reform Bill Into Law

President Bola Tinubu,

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By Lucy Adautin

In a sudden decision, President Bola Tinubu has ordered the immediate reopening of Nigeria’s borders with Niger, lifting all sanctions against the country.

Relatedreading

South Africa Accepts Credentials Of Trump’s Diplomat

Rising Oil Prices May Push Nigeria’s Inflation Higher – World Bank

The swift measures include the reopening of land and air borders between Nigeria and Niger, along with the lifting of the ECOWAS no-fly zone on commercial flights to and from Niger Republic.

Resuming all commercial and financial transactions between Nigeria and Niger, unfreezing service transactions, including utility services and electricity to Niger Republic. Unfreezing assets of the Republic of Niger in ECOWAS Central Banks and commercial banks, including state enterprises and parastatals.

READ ALSO: Nigeria: NCDMB Lauds President Tinubu Oil Sector’s Executive Orders For Reinforcing NOGICD Act, SLA

Restoring Niger’s access to financial assistance and transactions with institutions like EBID and BOAD. Revoking travel bans on government officials and their family members.

Additionally, President Tinubu has granted approval for the removal of financial and economic sanctions imposed on the Republic of Guinea.

Tags: ECOWASNigerPresident Bola Tinubu
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