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Wednesday, 3 August 2016

Downturn in Nigeria's economy affecting neighboring nations — Beninoise president


THE present downturn in the Nigerian economy was influencing neighboring nations adversely, President of Benin Republic, Patrick Talon, has said.


Talking after a shut entryway meeting with President Muhammadu Buhari at the Presidential Villa, Abuja, on Tuesday, he portrayed Nigeria as the motor room of West Africa, asking it to investigate its non-oil parts so as to build its income profile, which he watched had dwindled as an aftereffect of falling oil costs.

He watched that Nigeria had depended a lot on raw petroleum income while disregarding other potential incomes sources.

Claw uncovered that both pioneers focused their exchange on security and economy, including that his nation was anticipating reactivating the current respective relationship amongst Benin and Nigeria, particularly in the zones of exchange relations, economy, vitality advancement and training.

He said Benin would coordinate with Nigeria to end the current illicit exchange going ahead between the two nations.

Claw said: "There is illicit exchange between the two nations which is making challenges between the two nations. We took a gander at the likelihood of re-stimulating the exchange between the two nations, so that unlawful exchange is disheartened."

He welcomed Buhari to visit Benin Republic towards improving the participation between the two nations.

President Buhari expressed gratitude toward him for his visit to Nigeria, taking note of that the Republic of Benin had constantly bolstered endeavors by the Lake Chad Basin Commission to address insurrection and different trans-outskirt wrongdoings in the sub-locale.

Source: Nigerian Tribune

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