US EditionNigeria: Mali, Burkina Faso, Niger Impose 0.5% Levy On Goods From Nigeria, Others
- The Alliance of Sahel States imposed a 0.5% levy on imported goods from Nigeria and other ECOWAS countries to support their economic and military goals.
- Dr. Eugene Nweke of the Sea Empowerment Research Centre warned that the levy could harm Nigeria's economy, leading to reduced exports and job losses.
- This new duty contradicts the principles of the African Continental Free Trade Area, undermining free trade among African nations.
- The levy may escalate trade barriers and tension between the AES nations and ECOWAS, as these nations had previously distanced themselves from the bloc, affecting security efforts in the region.
33 Articles
33 Articles
Mali, Niger, Burkina Faso impose 0.5% import levy on ECOWAS countries
The levy, which took effect last Friday, applies to all goods from ECOWAS member states entering any of the three nations, except for humanitarian aid. The post Mali, Niger, Burkina Faso impose 0.5% import levy on ECOWAS countries appeared first on Premium Times Nigeria.
Nigeria: Mali, Burkina Faso, Niger Impose 0.5% Levy On Goods From Nigeria, Others
The military governments of Mali, Burkina Faso and Niger have announced a new 0.5 percent levy on imported goods from Nigeria and other Economic Community of West African States, ECOWAS, member-nations.
Times Live
West African juntas impose levy on imported goods
West African neighbours Mali, Burkina Faso and Niger have announced a new 0.5% levy on imported goods as they seek to fund a new three-state union after leaving the larger regional economic bloc, they said in a statement.
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