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BREAKING: President Tinubu Reopens Land And Air Borders With Niger Republic, Lift Other Sanctions [FULL LIST]

Tgmedia by Tgmedia
March 13, 2024
in Breaking, Business, News
0
Niger Republic

BREAKING: President Tinubu Reopens Land And Air Borders With Niger Republic, Lift Other Sanctions [FULL LIST]

BREAKING: President Tinubu Reopens Land And Air Borders With Niger Republic, Lift Other Sanctions [FULL LIST]—President Bola Tinubu has directed the reopening of Nigeria’s land and air borders with the Republic of Niger.

He also ordered the lifting of other sanctions against the country with immediate effect.

A statement by the President’s media aide, Ajuri Ngelale, noted that the directive was in compliance with the decisions of the ECOWAS Authority of Heads of State and Government at its Extraordinary Summit on February 24, 2024, in Abuja.

Recall that ECOWAS leaders had agreed to lift economic sanctions against the Republic of Niger, Mali, Burkina Faso and Guinea.

Tinubu also lifted the suspension of all commercial and financial transactions between Nigeria and Niger, as well as the freeze of all service transactions, including utility services and electricity to Niger Republic.

The President also directed that the freezing of assets of the Republic of Niger in ECOWAS Central Banks be lifted.

“Travel bans on government officials and their family members also stand lifted,” the statement added.

The gesture was also extended to Republic of Guinea, with the lifting of financial and economic sanctions.

The President also directed that the following sanctions imposed on the Republic of Niger be lifted immediately:

(1) Closure of land and air borders between Nigeria and Niger Republic, as well as ECOWAS no-fly zone on all commercial flights to and from Niger Republic.

(2) Suspension of all commercial and financial transactions between Nigeria and Niger, as well as freeze of all service transactions, including utility services and electricity to Niger Republic.

(3) Freeze of assets of the Republic of Niger in ECOWAS Central Banks and freeze of assets of the Republic of Niger, state enterprises, and parastatals in commercial banks.

(4) Suspension of Niger from all financial assistance and transactions with all financial institutions, particularly EBID and BOAD.

(5) Travel bans on government officials and their family members.

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