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Textile traders could lose more than $8 billion due to border closure

Posted On: Nov. 5, 2019 5:10 AM CST

Benin-Nigeria border

The Nigeria-Benin border closure is expected to cause 3 trillion Nigerian naira ($8.2 billion) of losses for textiles traders, Pulse reports citing The Nation. The Nigerian government might keep its porous border closed until 2020 to curb smuggling and tackle illicit trades between neighboring nations.

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