ELECTION ANXIETY WEIGHS IN ON IMPORT, EXPORT ACTIVITIES

Written by on February 20, 2019

Experts say import and export activities at the nation’s gateways have significantly reduced owing to the uncertainty trailing the polity at this critical period.

It will be recalled the Federal Government had closed the borders between Friday noon and early Saturday morning, when the Independent National Electoral commission (INEC), announced the postponement.

Latest shipping position released by the Nigerian Ports Authority (NPA), showed that 12 out of the 21 ships expected into the Lagos ports between February 19 and March 2nd are carrying cargoes, while the rest nine are empty containers.

Recent reports say that though, the ports are still open, business activities have reduced considerably at the TinCan and Apapa Ports in Lagos, while Calabar, Warri and Port Harcourt seaports are not also faring better due to uncertainties trailing the elections.

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