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Study * Nigeria - Most expensive road transport route for business
The elimination of corruption at the borders is critical to the success of the economic integration aspirations
lagos,Nigeria -The Business Day, by Godwin NNANNA -27 January, 2008: -- It costs more to move goods across West African countries by road than any other region in the world due to the huge unofficial payments business owners have to make at the borders. This is the conclusion of a recent study by the West Africa Trade Hub (WATH) has revealed... WATH, a regional trade facilitator established by the United States Agency for International Development (USAID), says the elimination of corruption at the borders is critical to the success of the economic integration aspirations of the Economic Community of West African States (ECOWAS)... The unofficial payments, WATH noted, most times cost more than what traders pay to the official sources. West Africa, the agency maintains, has the least efficient trucking in the world due to delays at numerous road check-points and border posts as a result of bribe-taking by uniformed officers such as the police, customs and immigration officials as well as gendarmes...
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