NEPC, Customs, Stakeholders Push for Formalisation of Informal Cross-Border Trade
The Nigerian Export Promotion Council (NEPC) and stakeholders are advocating for the formalisation of informal cross-border trade.
According to the Executive Director and Chief Executive Officer of NEPC, Mrs. Nonye Ayeni, informal cross-border trade is a "dynamic and indispensable part of Nigeria's trade landscape."
Informal cross-border trade is a dynamic and indispensable part of Nigeria's trade landscape.
Ayeni, represented by Mrs. Bolanle Emmanuel, emphasized the importance of supporting the sector, which involves thousands of small-scale traders, mostly women and youths, trading agricultural, manufactured, and artisanal goods across Nigeria's borders.
- Informal cross-border trade involves thousands of small-scale traders.
- Most traders are women and youths.
- Goods traded include agricultural, manufactured, and artisanal products.
Author's summary: NEPC pushes for formalisation of informal cross-border trade in Nigeria.
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