BUSINESS
NIGERIA, WEST AFRICAN ONION TRADERS SIGN PACT TO EASE TRADE
Nigeria and onion traders from other West African countries have agreed to strengthen cooperation and improve cross-border trade in onions.
The agreement is expected to address some of the challenges affecting the movement of onions across the region, including transportation difficulties, border procedures, and market access.
Stakeholders said smoother trade would help reduce delays and improve the supply of onions to markets across Nigeria and neighbouring countries.
The pact is also expected to encourage stronger relationships between Nigerian traders and their counterparts in other West African markets.
Agricultural stakeholders said improved cross-border trade could support food security by helping markets respond more efficiently to shortages and changes in supply.
They noted that onions are an important food commodity in the region, with demand remaining high among households, restaurants, and food businesses.
Traders called for clearer border procedures and better coordination among relevant government agencies to reduce unnecessary delays and costs.
They also stressed the importance of improving roads, storage facilities, transportation systems, and other infrastructure needed to move agricultural products efficiently.
Stakeholders said stronger regional cooperation could help reduce post-harvest losses and improve access to markets for farmers and traders.
The agreement is expected to provide a framework for continued engagement between onion traders and relevant authorities as efforts to strengthen agricultural trade within West Africa continue.
Participants reaffirmed their commitment to promoting fair and efficient trade while improving the movement of agricultural commodities across the region.