Revitalised market will not only restore livelihoods and accelerate economic recovery in conflict-affected areas, but it will also strengthen cross-border trade between Nigeria and its neighbours.

The governor of Borno State has officially opened the International Cattle Market in Banki town in the Bama Local Government Area, highlighting its role in strengthening cross-border trade between Nigeria, Cameroon and Chad, and fostering greater unity and cohesion.

At the opening on Monday, January 27, Babagana Umara Zulum said the new market, which replaces a smaller village mart that was devastated by years of conflict, would foster economic growth and enhance the livelihood of all people in the region.

Zulum said it would bolster economic recovery within the country as well as with neighbouring countries.

“This market now serves as a vital hub for trade between Borno State, the Far North region of Cameroon, and Chad.”

Zulum emphasised the significance of facilitating easier trade, especially in the cattle industry, between the citizens of the three countries.

He said Banki would soon become one of Nigeria’s free-trade zones, with the process already in advanced stages. He gave assurances that the state government would fulfil its responsibilities in this initiative.

“Revitalising international border markets remains a priority for my administration to restore livelihoods and accelerate economic recovery in conflict-affected areas,” Zulum said.

Midjiyawa Bakari, the governor of the Far North region of Cameroon who performed the ceremonial cutting of the tape at the inauguration, acknowledged “significant improvements” in the region’s security situation.

He emphasised the importance of peace-building and sustainable development for stability in the region, noting that both countries should work together for mutual benefit.

He highlighted the potential benefits of the International Cattle Market to Cameroon’s economy, saying: “We will ensure that similar projects are replicated in our region.”

Bakari underscored the importance of boosting the local economy and creating job opportunities for the youth.

He expressed his support “for strengthening regional cooperation in the wake of economic disruptions caused by the Boko Haram insurgency”.

“The International Cattle Market is not just a place for trade; it’s a hub of economic activity that will attract buyers and sellers from across the region and beyond.

“This monumental occasion reflects the regional government’s commitment to enhancing infrastructure and improving local livelihoods.

“The market is expected to facilitate improved livestock trading conditions and promote better prices for farmers which, in turn, can lead to increased economic stability for families in the area,” Bakari said.

Politician Yusuf Sherrif Banki said he fully supported the establishment of the cattle market in the border town because it was already making it easier for buyers and sellers from Nigeria and its neighbouring countries to trade and conduct business.

“This initiative has brought immense development to the town. It is the backbone of the town – without it, Banki would collapse.

“Now people from Central Africa, Chad and Cameroon can come to Banki to conduct their business. Not only is it boosting the economy, but it is also strengthening the bond between the countries.

“It is now much easier to transport cattle from Banki to the neighboring countries and for buyers, sellers and dealers to reach Banki without any hindrances.

“Before the insurgency, people from all over Nigeria – including the western and southern regions – would travel to Banki to trade in cattle. But years of conflict put a stop to that. With luck, now that the market has been reopened, it will start functioning properly again and people from all over will start trooping back here.

“The market comprises 12 large ruminant sheds, three small sheds, lock-up shops, market stalls, a water supply facility and an administrative block with three offices, a conference hall and convenience facilities.”

He said there were even facilities for the diagnosis and treatment of livestock, including any necessary drugs.

“And there are translators for people who come to Banki from neighbouring countries, such as Chad whose residents only speak and understand French. Now translators can function as mediators and facilitators between foreign and local dealers.”

Abubakar Adam Umar, the secretary Borno State Cattle Market Management Committee, told RNI that “the establishment of this market is a huge development for those who buy and sell livestock”.

“It will boost the economy of the state and the entire country.”

Also on Monday, Zulum unveiled a 20-classroom secondary school in Banki town and a government lodge designed to provide accommodation for dignitaries and officials of government.

He said he had directed the Borno State Ministry of Education to admit pupils completing primary education in two communities in Cameroon to be enrolled into the new school.

“We are introducing student exchange programmes to promote cultural understanding and enhance international relations,” Zulum said.

AYSHA MUSTAPHA KOLOMI