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Home » AfCFTA: Zulum Seeks Enhanced Trade Relations Between Nigeria, Cameroon

AfCFTA: Zulum Seeks Enhanced Trade Relations Between Nigeria, Cameroon

by Joshua
January 29, 2025
in Featured, News

Gov. Babagana Zulum of Borno has called for enhanced trade relations between Nigeria and the Republic of Cameroon, to foster unity and economic growth.

Zulum made the call on Tuesday at a bilateral meeting between officials of the two countries in the border town of Banki.

The meeting was attended by members of the State and National Assembly from Borno State, and officials of the Cameroonian Far North region, led by Gov. Midjiyawa Bakari.

This followed the inauguration of the Banki International Cattle Market, a Memorial Secondary School, and a government lodge in the area.

Zulum highlighted the importance of facilitating trade between citizens of both nations, especially in livestock and agric commodities.

He assured his Cameroonian counterpart of his commitment to provide the political will needed to strengthen the economic ties.

“I want to assure you, Your Excellency, that under my leadership, I will provide the political will and commitment to drive the process,” he said.

Zulum lauded President Bola Tinubu for his commitment to promote trans-border trade, noting that steps would be taken to reduce bureaucratic barriers and ensure smooth trade flow.

According to him, Banki is set to become one of Nigeria’s free trade zones, with plans in advanced stage, adding that the Borno government would fulfill its obligations to support the initiative.

He also commended President Paul Biya for his country’s role in managing Nigerian refugees, and called for the establishment of a civil authority to facilitate the safe return of over 20,000 displaced persons to their communities.

Responding, Bakari commended the improved security situation in the area.

He underscored the importance of peace building and sustainable development, adding that Banki International Cattle Market could also boost Cameroonian economy.

“We will ensure that similar projects are replicated in our region,” Bakari said.

He proposed holding another bilateral meeting in Maiduguri or Marwa in Cameroon, to discuss strategies for strengthening regional cooperation to rebuild the economy disrupted by the Boko Haram insurgency.

The President of Borno State Chamber of Commerce, Alhaji Ahmed Ashemi, and the Senior Vice President of the Regional Council of the Far North, Prof. Jalou, emphasised the need for collaboration between the two nations.

They said that such relationships would maximise the benefits of the African Continental Free Trade Area (AfCFTA).

The the meeting was part of ongoing efforts to enhance cross-border trade and promote regional development.


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