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Customs Places Indefinite Ban on Exports, Imports Through Land Borders

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The Nigeria Customs Service on Monday announced an indefinite ban on importation and exportation of goods through the land borders.

Comptroller-General, NCS, Col. Hameed Ali (retd), who stated this at a press conference in Abuja, also said Niger Republic had placed a ban on export of rice to Nigeria as a result of Nigeria’s border closure.

This came as the Nigeria Immigration Service said it had stopped 1,111 foreigners from entering Nigeria since August 20, 2019 when the country’s land borders were partially closed.

Ali said, “For now, all goods, whether illicit or non-illicit, are banned from going and coming into Nigeria. Let me add that for the avoidance of doubt, we have included all goods because all goods can equally come through our seaports.

“For that reason, we have deemed it necessary for now that importers of such goods should go through our controlled boarders where we have scanners to verify the goods and how healthy they are to our people.”

The closure of borders is being enforced by the NCS and NIS, in collaboration with the Nigerian armed forces and the Nigeria Police Force. It is being coordinated by the Office of the National Security Adviser.

Ali said the aim of the exercise was to better secure Nigeria’s borders, address trans-border security concerns and strengthen the economy.

The customs boss said it was disturbing that some neighbouring countries were circumventing the ECOWAS protocol on transit.

He said, “For clarity, the ECOWAS protocol on transit demands that when a transit container berths at a seaport, the receiving country is mandated to escort same without tampering with the seal to the border of the destination country.

“Unfortunately, experience has shown that our neighbours do not comply with this protocol. Rather, they break the seals of containers at their ports and trans-load goods destined for Nigeria.”

Ali said the closure of the borders had curbed the smuggling of foreign rice into Nigeria and addressed the diversion of petroleum products from Nigeria to neighbouring countries.

According to him, 10.2 million litres of petrol had been stopped from being diverted out of the country since the borders were closed, while producers of local food were making increased earnings.

On security, the customs boss stated that so far, 317 suspected smugglers and 146 illegal migrants had been arrested.

He said, “Also, some items seized are 21,071 pieces of 50kg bags of parboiled foreign rice; 190 vehicles; 891 drums filled with petrol; 2,665 jerry cans of vegetable oil; 66,000 litre-tanker of vegetable oil; 133 motorcycles; 70 jerry cans of petrol and 131 bags of NPK fertiliser used for making explosives. The estimated monetary value of the intercepted items is about N1.43bn.”

He explained that 95 per cent of illicit drugs and weapons used for acts of terrorism and kidnapping in Nigeria came through the porous borders.

He said following the closure of Nigeria’s borders, “Niger Republic has already circulated an order banning exportation of rice in any form to Nigeria.”

According to him, no date has been fixed to reopen the borders, adding that Nigeria will only end closure when its neighbours have fully complied with the Economic Community of West African States Protocol on Transit.

He said, “The government, through diplomatic channels, will continue to engage our neighbours to agree to comply with ECOWAS protocol on transit.

“Goods that are on the prohibition list in Nigeria, such as rice, used clothing, poultry products and vegetable oil should not be exported to the country.

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Trump Signs Spending Bill to End Longest Government Shutdown

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US President Donald Trump has signed a federal spending bill, officially ending the longest government shutdown in American history.

The legislation, passed by the House of Representatives in a 222–209 vote, followed narrow approval in the Senate just two days earlier. The bill restores funding to federal agencies after 43 days of closure, bringing relief to millions of government employees and citizens affected by halted services.

Speaking after signing the measure on Wednesday night, Trump described the deal as a political victory, asserting that Democrats unnecessarily prolonged the shutdown.

“They didn’t want to do it the easy way. They had to do it the hard way, and they look very bad,” he said.

The temporary funding bill maintains government operations only through 30 January, creating a new deadline for lawmakers to negotiate a long-term budget solution.

As part of the agreement, Senate leaders committed to an early December vote on Obamacare subsidies, a key priority for Democrats during the shutdown standoff.

In addition to reopening federal offices, the bill provides full-year funding for the Department of Agriculture, military construction projects, and several legislative branch offices.

It also ensures retroactive pay for federal workers affected by the shutdown and allocates funding to the Supplemental Nutrition Assistance Program, SNAP, which helps about one in eight Americans access food.

The shutdown, which began in October, forced the suspension of many government services, leaving an estimated 1.4 million federal employees either furloughed or working without pay. It also disrupted food assistance programmes and caused widespread delays in domestic air travel.

With federal operations now resumed, attention in Washington has turned to whether Congress and the White House can reach a longer-term funding agreement before the new deadline at the end of January.

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FG Halts Planned 15% Import Duty on Diesel, Petrol

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The Nigerian Midstream and Downstream Petroleum Regulatory Authority (NMDPRA), on Thursday, announced discontinuation of the planned 15 per cent duty on imported petroleum products.

NMDPRA’s Director, Public Affairs Department, George Ene-Ita, conveyed the development in a statement while warning the public to shun panic buying.

President Bola Tinubu, on October 29, approved an import tariff on petrol and diesel, a policy expected to raise the landing cost of imported fuel.

The President’s approval was conveyed in a letter signed by his Private Secretary, Damilotun Aderemi, following a proposal submitted by the Executive Chairman of the Federal Inland Revenue Service, Zacch Adedeji.

The proposal sought the application of a 15 per cent duty on the cost, insurance, and freight value of imported petrol and diesel to align import costs with domestic market realities.

Implementation was slated to take effect on November 21, 2025.

The policy aimed to protect and promote local refineries like the Dangote Refinery and modular plants by making imported fuel more expensive.

While intended to boost local production, it is also expected to increase fuel costs, which could lead to higher inflation and transportation prices for consumers.

Experts have argued that the move could translate into higher pump prices for consumers, with some estimating an increase of up to N150 per litre or more.

In an update, however, NMDPRA said the government was no longer considering going ahead with implementing the petrol import duty.

“It should also be noted that the implementation of the 15% ad-valorem import duty on imported Premium Motor Spirit and Diesel is no longer in View,” the statement read in part.

Meanwhile, the NMDPRA also assured all that there is an adequate supply of petroleum products in the country, within the acceptable national sufficiency threshold, during this peak demand period.

“There is a robust domestic supply of petroleum products (AGO, PMS, LPG, etc) sourced from both local refineries and importation to ensure timely replenishment of stocks at storage depots and retail stations during this period.

“The Authority wishes to use this opportunity to advise against any hoarding, panic buying or non-market reflective escalation of prices of petroleum products.

“The Authority will continue to closely monitor the supply situation and take appropriate regulatory measures to prevent disruption of supply and distribution of petroleum products across the country, especially during this peak demand period.

“While appreciating the continued efforts of all stakeholders in the midstream and downstream value chain in ensuring a smooth and uninterrupted supply and distribution, the public is hereby assured of NMDPRA’s commitment to guarantee energy security,” the statement added.

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Senate Approves Tinubu’s N1.15tr Domestic Loan Request to Fund 2025 Budget Deficit

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The Senate has approved President Bola Tinubu’s request to raise N1.15 trillion from the domestic debt market to cover the unfunded portion of the 2025 budget deficit.

The approval followed the adoption of a report by the Senate Committee on Local and Foreign Debt during plenary on Wednesday.

The committee noted that the 2025 Appropriation Act provides for a total expenditure of N59.99 trillion, representing an increase of N5.25 trillion over the N54.74 trillion initially proposed by the Executive.

This expansion created a total budget deficit of N14.10 trillion. Of this, N12.95 trillion had already been approved for borrowing, leaving an unfunded deficit of approximately N1.15 trillion (N1,147,462,863,321).

In a related development, a motion by Senator Abdul Ningi was adopted, directing the Senate Committee on Appropriations to intensify its oversight to ensure that the borrowed funds are properly implemented in the 2025 fiscal year and used strictly for their intended purposes.

President Tinubu had on November 4th requested the approval of the National Assembly for a fresh ₦1.15 trillion borrowing from the domestic debt market to help finance the deficit in the 2025 budget.

The President’s request was conveyed in a letter. According to the letter, the proposed borrowing is intended to bridge the funding gap and ensure full implementation of government programs and projects under the 2025 fiscal plan.

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