…Stakeholders Emphasise Cross-Border Trade’s Role in Economic Growth
…Comptroller Shuaibu Calls for Stronger Trade and Cultural Diplomacy
The Nigeria Customs Service (NCS), Ogun 1 Area Command, has reaffirmed its commitment to strengthening trade ties and economic integration between Nigeria and the Benin Republic by blending art and commerce at the 4th edition of the Festival of Art for Economic Development in Idiroko.
Themed “Cross-Border Trade: What It Is and Why It Matters,” the festival brought together key stakeholders, policymakers, and cultural leaders to deliberate on the significance of regional trade in fostering economic growth, job creation, and cultural exchange.
Comptroller Mohammed Salisu Shuaibu, Customs Area Controller, Ogun I Area Command, in his welcome address, highlighted the transformative power of cross-border trade, stating that beyond economic benefits, trade fosters peace and mutual understanding between neighbouring countries.
“Trade is a catalyst for economic prosperity and market expansion. This festival serves as a crucial platform for promoting sustainable economic activities through trade and cultural diplomacy,” Shuaibu stated.
Delivering the keynote address, Dr Bonny Abisogun Botoku, Executive Producer of the Festival, stressed the role of customs and border management in ensuring trade security.
He described cross-border trade as “the lifeblood of regional economies,” emphasising its contribution to employment, revenue generation, and market accessibility.
He further commended Comptroller Shuaibu for his dedication to strengthening trade facilitation through innovative initiatives such as the art festival.
A thought-provoking presentation by Assistant Comptroller of Customs, C. Amaweh psc+, explored the historical significance, benefits, and challenges of cross-border trade.
He called for policy harmonisation, technological advancements, and improved border security to curb informal trade, revenue leakages, and illegal migration.
The event also featured a vibrant artistic showcase reflecting the deep economic and cultural ties between Nigeria and Benin Republic.
Participants engaged in discussions on leveraging art as a tool for economic empowerment and the need for policies that enhance regional trade and investment opportunities.
Dignitaries present included Hon. Johnson Akohomeh Avoseh, Executive Chairman of Ipokia Local Government Area, Hon. Alhaja Maroufatou Falola, Deputy Mayor of Ifonyin Municipality, esteemed traditional rulers, senior customs officers, security agency representatives, and cultural figures such as Mr and Mrs Moses of Goge Africa.
As the festival concluded, stakeholders reaffirmed their commitment to strengthening economic integration, promoting legal trade practices, and leveraging art as a vehicle for sustainable development.
