Connect with us

National News

Reopening of Seme border could stimulate economic activity in automotive sector- University Don

Published

on

Reopening of Seme border could stimulate economic activity in automotive sector- University Don

By: Michael Mike

The decision of President Bola Ahmed Tinubu to reopen the Seme border has been commended as in order since it could stimulate activities in Nigeria’s automotive industry with significant implications for the nation’s economy.

The Head of Economics Department at Bingham University, Abuja, Prof Abayomi Awujola stated on Sunday in an interview with journalists, while emphasizing the importance of understanding the magnitude of the policy and urged the government to conduct ongoing monitoring, evaluation, and analysis to ensure the success of the policy.

He said one of the immediate implications of reopening the border is an increased demand for vehicles. Importers and consumers would have easier access to a wider range of vehicle options, both new and used, from different markets, noting that this surge in demand could stimulate economic activity in the automotive sector, benefiting various stakeholders.

Awujola also said the reopening of the border would also generate revenue for the government through customs duties, taxes, and other fees imposed on imported vehicles, stressing that this additional revenue could contribute to the government’s budget and be potentially invested in infrastructure development or other public services.

The university don said with the government aiming to achieve a 7% average annual GDP growth rate, double the economy to approximately $1 trillion, lift 100 million people out of poverty, create over 50 million jobs, transform Nigeria into Africa’s most efficient trading nation, and deliver sustained inclusive growth, decisions like the reopening of Seme Border need to continuously be taken.

According to Awujola, “the availability of vehicles from different sources may lead to increased competition in the domestic automotive market. Local vehicle manufacturers and dealers may face competition from imported vehicles, influencing pricing, quality, and customer preferences. This could drive improvements in the domestic industry and provide consumers with more options.”

He added that the reopening of the border could create employment opportunities in the automotive sector as jobs would be generated for vehicle importers, distributors, dealerships, mechanics, and other related services. This would contribute to income generation and potentially improve livelihoods for individuals involved in the industry.

He however noted that it is essential for the government to carefully consider the potential implications of this policy.

He said: “The reopening of the border for vehicle importation may impact the country’s trade balance and foreign exchange reserves. If more vehicles are imported than exported, it could result in a trade deficit in the automotive sector. Additionally, the importation of vehicles would require foreign currency, putting pressure on the country’s foreign exchange reserves.

“On the consumer front, increased access to a wider range of vehicles would provide consumers with more choices and potentially better prices. This could lead to increased consumer spending in the automotive sector and improved purchasing power for individuals and businesses.

“The government must be mindful that policy implications can have both positive and negative effects. It is crucial to closely monitor, evaluate, and analyze these effects every six months to ensure appropriate adjustments and interventions are made to mitigate any potential drawbacks.”

Reopening of Seme border could stimulate economic activity in automotive sector- University Don

Continue Reading
Click to comment

Leave a Reply

Your email address will not be published. Required fields are marked *

National News

ECOWAS Court Delegation Undertakes Study Visits on Enforcement of Human Rights Decisions

Published

on

ECOWAS Court Delegation Undertakes Study Visits on Enforcement of Human Rights Decisions

By: Michael Mike

A delegation from the Community Court of Justice (ECOWAS Court) led by the President of the Court, Justice Ricardo Cláudio Monteiro Gonçalves embarked on a study visit to the European Court of Human Rights in Strasbourg, and other key institutions in Sweden.

The tour, which took place between 23 and 29 November 2025, has as core objective to provide the delegation from the ECOWAS Court with practical insights into the enforcement of human rights judgments from regional and international courts.

According to a statement from ECOWAS Court, the weeklong visit focused on learning from the experiences of other international courts and institutions, while also providing a platform for the ECOWAS Court to share its own experiences.

The statement further revealed that the study visit was intended to enhance the ECOWAS Court’s enforcement mechanisms and significantly improve compliance with its human rights judgments.

The visit was organised by the Raoul Wallenberg Institute of Human Rights and Humanitarian Law (RWI) as part of its programme aimed at increasing the implementation of human rights decisions of continental and regional human rights institutions in Africa.

The delegation led by the President of the Court included the Hon. Vice-President of the Court, Justice Sengu Mohamed Koroma, and Members of the Court, Justice Gberi-Bè Ouattara and Justice Dupe Atoki. Others were the Chief Registrar of the Court, Director of Research and Documentation, as well as selected staff of the Registry, Administration and Finance Department and the Language Services division of the Court. Two staff of the Raoul Wallenberg Institute were also present.

ECOWAS Court Delegation Undertakes Study Visits on Enforcement of Human Rights Decisions

Continue Reading

National News

Onaiyekan Asks Tinubu to Equip the Current Security Operatives for Better Performance, Drop Employment of 20,000 Policemen

Published

on

Onaiyekan Asks Tinubu to Equip the Current Security Operatives for Better Performance, Drop Employment of 20,000 Policemen

By: Michael Mike

Former Archbishop of Abuja Catholic Diocese, Cardinal John Onaiyekan has told President Bola Tinubu to treat as top priority the equipping of the present crops of policemen and security operatives to combat the perennial insecurity in the nation instead of giving order for the employment of additional 20,000 policemen.

Speaking at the 9th International Conference on Love and Tolerance in Abuja, the respected cleric warned that the nation cannot afford delays in tackling insecurity.

He said: “Right now in Nigeria, we have to build bridges so that all of us, Christians and Muslims, can jointly face our common enemy… Those who are killing us.

“We have finally agreed that we shall join hands and face them. And if we join hands, we can deal with them now. We should be able to deal with them.”

He added that: “With all these wonderful soldiers and police, we should be able to deal with them. I’m not even sure we need 20,000 more policemen. I believe they are the ones we have right now. Arm them well, treat them well, and they will do their job.”

He said: “There is no need to deploy 20,000 policemen. We could use the policemen we have. I’m not an expert, but to train them and then deploy them, for an emergency. Let the experts tell me how long does it take to deploy 20,000 people. I guess we are talking of one year. In one month, this country can be destroyed.”

“So I’m saying we should look at a strategy that will address the issue right now. We should equip the policemen we have now, who are already trained though, but they are carrying bags for madams. It’s good that they have been withdrawn; Let them start working.

“And let there be the political will to flush the terrorists out of the forest. And we are glad that the language that our president spoke yesterday; but weve been listening to that since two years ago.

“What do you have police for? That’s their job. It’s not even the job of the army. It’s the job of the police.” He said.

He also reflected on global religious harmony, warning that Nigeria faces increasing local polarisation despite global unity efforts, referencing the “Abu Dhabi document” signed by Pope Francis and the Grand Imam of Al Azhar.

A renowned activist and Former Kaduna Central Senator, Shehu Sani, highlighted the root causes of intolerance and conflict, noting that human differences in wealth, power, race, and religion often drive dominance and resistance.

He emphasized that differences are natural and unavoidable, and that peace and tolerance begin with recognizing and accepting human diversity.

Sani expressed concern over shrinking freedom of speech, insisting that the arrests and social media scrutiny threaten open dialogue, and urged that love, understanding, and respect for differing opinions are essential for building a harmonious society.

On his part, the President of UFUK Dialogue Foundation, Emrah Ilgen, whose organisation convened the international conference, said the gathering was created to address the urgent need for healing in a deeply divided world.

He said the theme “Bridging Divides: Building Trust in a Polarized World” was chosen to confront rising global and local tensions, emphasising that the world is experiencing dangerous levels of mistrust driven by misinformation, fear, ethnic divisions, and religious misconceptions.

He explained that UFUK Dialogue has, for more than a decade, committed itself to building bridges between communities and promoting dialogue that encourages understanding rather than suspicion.

“Humanity is strongest when it chooses dialogue over suspicion, compassion over conflict, and understanding over prejudice,” he said.

In his welcome address, Director General of the Institute for Peace and Conflict Resolution, Dr. Joseph Ochogwu, represented by Dr. Emmanuel Mamman, said Nigeria is facing deepening mistrust, widening identity divides, and increasing misinformation, stressing that trust must be rebuilt through fairness, dialogue, and inclusion of women and youths.

He said: “Polarization is not destiny. Mistrust, though deep, remains reversible.”

The DG added that traditional and religious institutions remain pillars of social harmony, and collaboration with groups like UFUK Dialogue is essential in restoring national cohesion.

Onaiyekan Asks Tinubu to Equip the Current Security Operatives for Better Performance, Drop Employment of 20,000 Policemen

Continue Reading

National News

VP Shettima Mourns Passing Of Sheikh Dahiru Bauchi, Says Nigeria Has Lost A Beacon Of Knowledge

Published

on

VP Shettima Mourns Passing Of Sheikh Dahiru Bauchi, Says Nigeria Has Lost A Beacon Of Knowledge

By: Michael Mike

Vice President Kashim Shettima has expressed deep sadness over the passing of revered Islamic scholar, Sheikh Dahiru Usman Bauchi, leader of the Tijjaniyya Muslim Brotherhood in Nigeria, who died at the age of 101.

VP Shettima noted that Sheikh Dahiru’s extraordinary longevity was itself a divine blessing that allowed multiple generations of Nigerian Muslims to benefit from his profound knowledge, wisdom, and spiritual guidance.

In a condolence message on Thursday, the Vice President described the late spiritual leader as one of Nigeria’s greatest Islamic scholars whose teachings and exemplary life touched millions of Muslims across the country and beyond.

He said: “We have lost a spiritual guide, a teacher, and a moral compass whose dedication to Islamic scholarship spanned more than a century. Sheikh Dahiru Usman Bauchi was among the great pillars of Islamic knowledge in our time. His life was a demonstration of faith, learning, and service to Allah and humanity.

VP Shettima noted that the Sheikh’s extraordinary life allowed multiple generations of Nigerian Muslims to benefit from his profound knowledge, wisdom, and spiritual guidance.

He praised the late Islamic scholar’s lifelong commitment to spreading Islamic knowledge and his pivotal role in strengthening the Tijjaniyya Brotherhood in Nigeria and West Africa.

“We find comfort in knowing he lived a long, fulfilled life devoted to Allah and to uplifting humanity. His legacy of scholarship and service will continue to inspire us all,” the Vice President added.

“I pray that Almighty Allah will forgive his shortcomings and grant him Aljannatul Firdaus. May Allah also grant his family, the Tijjaniyya Brotherhood, and the entire Muslim Ummah the fortitude to bear this loss,” VP Shettima said.

VP Shettima Mourns Passing Of Sheikh Dahiru Bauchi, Says Nigeria Has Lost A Beacon Of Knowledge

Continue Reading

Trending

Verified by MonsterInsights