Port Harcourt Chamber of Commerce backs border closure

Manufacturing

 

The Port Harcourt Chamber of Commerce, Industry, Mines and Agriculture (PHCCIMA) has commended the Federal Government for the closure of the country’s borders.

 

Director – General of PHCCIMA, Erasmus Chukunda, disclosed this on Thursday when he spoke at the Institute of Director (IoD) Nigeria, Port Harcourt Zone, Rivers State.

 

Chukunda, who was the guest speaker and presented a paper on the PHCCIMA, said the border closure has enabled the Manufacturing Association of Nigeria (MAN) to compete favourably with others countries.

 

He noted that a reason for the border closure was due to the influx of unchecked goods into the country which threatened the Nigerian economy.

 

“The African Free Trade Agreement has been signed. The manufacturing sector is being threatened by the influx of goods from neighbouring countries flocking the Nigerian market unchecked,” Chukunda observed.

 

The PHCCIMA boss said that Federal Government’s decision to close the borders was in the interest of the business sector and to improve the economy of the country.

He noted that many organisations and businessmen in the country did not know the importance of Chamber of Commerce, Industry, Mines and Agriculture, advising investors to take advantage of such government agency’s roles in the development the economy.

 

“Chamber of Commerce is pioneering expansion of businesses in the country, especially in line with Federal Government policy on diversification,” he said.

Source: Daily Sun

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