THE closure of land borders has saved the local poultry industry more than N50 billion and the rice industry, experts have said.
Daramola said the closure had helped to reduce the glut, which made it difficult for local producers of rice to sell. While the government is making money with the resurgence of activities in the ports, the don said the strategy was not sustainable as there was an increase in the pressure on the government to rescind the decision.
With the closure in place, he added that sub-regional trade is not receiving a major boost with the hindrance to easing movement of goods across borders.
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