On Wednesday, experts have urged Nigeria’s President Muhammadu Buhari to take his anti-corruption effort across the African continent.
An economist, Prof. Olanrewaju Olaniyan, the Director, Centre for Sustainable Development University of Ibadan and Mr David Olojede, a council member of Ibadan Chamber of Commerce and Industry made the call in an interview with the News Agency of Nigeria (NAN) in Ibadan.
Olaniyan said: “Another thing that he should tackle is that of free movement of persons especially as it concerns the movement of herdsmen and their cattle; so as to check the insecurity challenge in Nigeria; though, there is a protocol in ECOWAS that allows herdsmen to move from Senegal across Mali, Burkina Faso, Ghana to Nigeria.”
Olojede said: “The common economic tariff is 20 per cent then we added the adjusted economic tariff which is 50 per cent meaning there is 70 per cent tariff on any goods in Nigeria.
“This implies the goods will be expensive in Nigeria and it will encourage smuggling, as people don’t want to pay 70 per cent tariff on goods in Nigeria.”