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Like many Nigerian rice dealers, Emeka Ugwuoke imports overland from neighouring Benin, often through informal channels. But since the Nigerian government closed border trade in August to crack down on smuggling, his orders are stuck in Benin and rice prices have shut up. ''Since I started this rice business, this year is the worst, because the border closure have affected many of our goods. The price of a bag of rice has increased by almost 70%.'' Trade channels remain open through Nigeria's water ports, but they remain clogs by poor infrastructure, bureaucracy and corruption. Nigeria's labors complained the suspension of border trade goes against the spirit of the African Continental Free Trade Area Deal Abuja signed in July, but Nigerian authorities note that most border trade is illegal and say 8 million dollars' worth of smuggled goods have been seized so far. |
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