THE ASSESSMENT OF ECONOMIC IMPACT OF NIGERIA LAND BORDERS CLOSURE 2019 (CASE STUDY OF KANO STATE)

ABSTRACT This study assessed the economic impact of closing Nigeria land bordering 2019 in Kano State. The objectives of this study are conduct an empirical research about how border closure affect the local businesses, to analyse its impact on economic growth and development, measures how lead to efficiency or inefficiency in the domestic manufacturing sector, to analyse the impact of land border closure to the economic welfare of the Nigerians and to determines whether border closure have helps towards the provision of employment to the individuals as well as revenue to the government. The study adopted descriptive survey design and 200 respondents were drawn among artisans, traders, farmers and civil servants. Both sex participated in this study while the male gender is the majority. Majority of the respondents have Primary/Islamic and Secondary School as their qualification. Most of the respondents earned between N41,000 to N60,00 monthly and N61,000 and above respectively. Instrument of data collection used in this study was researcher structured questionnaires which was administered by the research with help of two research assistance that help some respondents to understand and guided them where necessary. Out of 200 hundred administered questionnaires, 197 were duly returned. The returned questionnaires were sorted, tabulated and the resulted were analyze using statistical table of frequency and percentage. The findings of the study revealed that the land boarder closure has both positive and negative dimension on the Nigeria economy. The findings indicated that the land boarder closure was very necessary and best policy to promote SME, encourage local manufacturing industries and stimulate the effort of local farmers in agricultural sector of the country. Findings of the study equally showed that the major beneficiaries of land border closure in Nigeria are government and the middlemen who experienced business growth due to rise in price of commodities in the country. The findings further revealed that the increase in price of goods due to land boarder closure increased the rate of poverty in Nigeria because poor masses cannot afford to purchase goods as usual as a result of skyrocket price of local goods in the country. The findings of this study however indicated that closure of land boarder does not improve the living standard of the general public due to rise in price of commodities across the country. The price only improves the growth of SME in the country thereby deteriorating the living standard of the general public. The findings also revealed that there is still inconsistency in the price of locally produced goods and the local manufacturing industries has been inefficient in the quality of their production when compare to foreign standard.