The Controller of Ogun I Area Command, Nigeria Customs Service, Idiroko, Mohammed Shuaibu, has underscored the importance of seamless cross-border trade in driving sustainable economic growth and national prosperity.
Shuaibu made the call on Wednesday while speaking at the 4th Art for Economic Development Festival held in Idiroko, Ipokia Local Government Area of Ogun State.
According to a statement released by the customs boss, the theme of the festival, “Cross-Border Trade: What It Is and Why It Matters,” highlights the crucial role of trade in fostering relationships, enhancing cultural exchanges, and promoting mutual understanding among diverse communities.
“Cross-border trade serves as a bridge that enhances economic growth, promotes cultural exchange, and fosters partnerships among nations. It enables businesses to reach broader markets, encourages innovation, and enhances the availability of goods and services for consumers everywhere,” he said.
Shuaibu urged participants to leverage the festival as an opportunity to strengthen ties and advocate for improved cross-border trade, noting that enhanced trade activities would contribute to vibrant communities and sustainable economic development.
The Executive Producer of the festival, Dr. Bonny Botoku, described cross-border trade as the backbone of economies, connecting nations, unlocking potential, and creating opportunities for collaboration.
“Cross-border trade matters because it allows us to share resources, ideas, and innovations. It strengthens our economies by creating jobs, enhancing market access, and promoting sustainable development. Effective border practices are also essential for maintaining security and safety for all citizens,” Botoku stated.
