Nigerian traders say the country lost more than N130bn to corruption at its porous land borders in the past three months.

The President, National Association of Nigerian Traders, Mr Ken Ukaoha, today, said in the past three months, Nigeria has lost more than 130 billion naira due to the porosity of her borders and the corrupt practices going along the border routes.

According to Ukaoha, Nigerians can only imagine the gravity of the situation when similar practices happening at the airports and seaports are taken into consideration.

Ukaoha therefore called on the federal government to address the corrupt practices on the country’s trade routes especially in view of the fact that cross-border trade is key to economic recovery, revenue generation and growth.

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