NIGERIA: INFLATION FORCES THE GOVERNMENT’S HAND ON REOPENING OF LAND BORDERS
Mon, 21 December 2020
A dire economic outlook into 2021 has forced the government to reopen land borders for trade, although some imported goods remain banned and the government is unlikely to reverse its protectionist stance in other policy areas. Nigeria’s reopening of land borders bodes well for private sector activity, implementation of regional free trade, and its candidacy hopes for WHO leadership, but may not immediately reduce rampant inflation.
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