The Customs Area Controller, Ogun I Area Command, Comptroller Mohammed Salisu Shuaibu reiterated the transformative power of cross-border trade in driving economic prosperity.
He stated that trade not only enhances market expansion but also strengthens relationships between nations, fostering peace and mutual understanding.
The customs boss was speaking at the 4th edition of the Festival of Art for Economic Development in Idiroko, tagged “Cross-Border Trade.”
He noted that the Art for Economic Development Festival continues to serve as a strategic platform for fostering dialogue, collaboration, and innovative solutions to trade-related challenges.
He further urged participants to leverage the festival as a platform for promoting sustainable economic activities through trade and cultural diplomacy.
Also speaking at the event, the Executive Producer of the Festival, Dr. Bonny Abisogun Botoku, underscored the indispensable role of customs and border management in facilitating trade while ensuring security.
He described cross-border trade as the lifeblood of regional economies, generating employment, increasing revenue, and enhancing market access for businesses.
He commended Comptroller Shuaibu for his unwavering commitment to strengthening trade facilitation and economic development through the arts.
The event, which brought together key stakeholders from Nigeria and the Benin Republic, emphasised the critical role of trade in fostering economic growth, cultural exchange, and regional cooperation.
Delivering his keynote address, Assistant Comptroller of Customs, C. Amaweh, who provided deep insights into the history, benefits, and challenges of cross-border trade, stressed the need for policy harmonisation, technological integration, and improved border security to address the persistent challenges of informal trade, revenue loss, and illegal migration.
Many stakeholders who spoke at the event reaffirmed their commitment to strengthening economic integration, promoting legal trade practices, and leveraging art as a vehicle for sustainable development.