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Shettima Highlights $2 B Trade and 5 M Nigerians in Benin at Inauguration

Vice President Shettima stresses Nigeria-Benin ties, citing $2 billion in trade and five million Nigerians living in Benin at the inauguration.

Nadia Okafor/3 min/NG

Political Correspondent

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Shettima Highlights $2 B Trade and 5 M Nigerians in Benin at Inauguration

Shettima Highlights $2 B Trade and 5 M Nigerians in Benin at Inauguration

Source: PremiumtimesngOriginal source

Vice President Kashim Shettima used President Romuald Wadagni’s inauguration in Cotonou to underline Nigeria’s $2 billion annual trade with Benin and the presence of five million Nigerians in the neighboring republic.

Context Shettima arrived in Benin’s capital on Sunday representing President Bola Ahmed Tinubu. The ceremony marked the start of Wadagni’s term and provided a platform for Nigeria to showcase its commitment to regional partnership. The vice president framed the visit as a concrete expression of Tinubu’s “unwavering, deep‑seated commitment” to neighboring states.

Key Facts - Nigeria and Benin share a border of nearly 600 km that cuts across six Nigerian states. - Annual bilateral trade totals roughly $2 billion, driven by cross‑border markets and agricultural exchange. - About five million Nigerians reside in Benin, creating a sizable diaspora that fuels people‑to‑people links. - Both governments have signed a Memorandum of Understanding to boost cooperation on security, trade facilitation, and local governance in border zones. - The countries operate under ECOWAS (Economic Community of West African States) frameworks that include a Trade Liberalisation Scheme, a Common External Tariff, and a protocol allowing visa‑free movement for up to 90 days.

What It Means Shettima’s remarks signal a push to deepen economic interdependence and address shared security challenges. The $2 billion trade figure underscores the fiscal stakes of a stable border, while the five‑million‑strong Nigerian community in Benin highlights social integration that can both ease and complicate policy coordination. The recent memorandum aims to formalise cooperation, potentially reducing smuggling and enhancing infrastructure projects that benefit both sides.

Looking ahead, observers will watch how Nigeria leverages its diaspora and trade volume to shape ECOWAS initiatives, and whether the bilateral agenda translates into concrete projects before the 2027 presidential election cycle.

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